Disney Vacation Club has begun emailing members, reminding them of an upcoming point banking deadline.
With no advance fanfare, DVC members recently received notices of the need to bank any remaining points for the current Use Year. The example below highlights an alert received for a February Use Year. The reminder was sent 17 days before the banking deadline on September 30, 2011.
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Disney Vacation Club members can bank up to 100% of their points, as long as the transaction is completed within the first eight months of the Use Year.
Banked points are effectively rolled-forward to the next Use Year. In this example, points from a February Use Year are initially valid for stays between 2/1/2011 and 1/31/2012. If banked, those points will instead be valid for stays between 2/1/2012 and 1/31/2013.
Points can only be banked one year forward and will expire if not used by the end of the revised Use Year.