One of the most valuable features of DVC ownership is the ability to bank and borrow points. Understanding these tools helps you maximize flexibility and plan vacations that perfectly match your family schedule and needs.
What Is Point Banking?
Banking allows you to roll unused points from your current Use Year into the next Use Year. This is essential when you cannot travel or want to save up for a larger vacation, such as booking a bigger villa or staying longer.
Banking Timeline by Use Year
| Use Year | Banking Deadline | Banked Points Expire |
|---|---|---|
| February | August 31 | January 31 (next year) |
| June | December 31 | May 31 (next year) |
| September | March 31 | August 31 (next year) |
| December | June 30 | November 30 (next year) |
What Is Point Borrowing?
Borrowing lets you use next year's points for a current year reservation. This is helpful when you need extra points for a special trip but do not have enough in your current Use Year allocation.
Borrowing Rules to Remember
- You can only borrow from the immediately following Use Year
- Borrowed points must be used for a reservation and cannot be banked
- If you cancel a reservation made with borrowed points, they return to the borrowed year
Example: Planning a Big Anniversary Trip
You own 150 points with a September Use Year. You want to book a 2-bedroom at Bay Lake Tower for 7 nights in October, which costs 280 points total.
- Bank 100 points from previous year before deadline
- Use 150 current year points when they become available
- Borrow 30 points from next year to complete the booking
- Total available: 280 points - exactly what you need
Strategic Tips for Banking and Borrowing
- Bank Early: Do not wait until the deadline - bank points as soon as you know you will not use them
- Borrow Carefully: Remember borrowed points reduce next year availability significantly
- Plan 2-3 Years Out: This gives you maximum flexibility with banking and borrowing combinations
- Consider Renting: If you cannot use points, renting them out is better than letting them expire unused
Understanding these tools is essential for getting the most value from your DVC ownership. Ready to start your DVC journey? Check our loan calculator for financing options.