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Banked points – HELP

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    • #274
      Jct25
      Participant

      HiI have agreed to rent points for 2015 usage. I called owner services to transfer but they tell me some are banked points from 2014 and cannot be transferred. Is this accurate? All advice welcome.

    • #797
      Fasttr
      Participant

      Correct…points that have already been banked, borrowed or transferred are locked into that use year and cannot be moved, and that includes that they cannot be transferred to another member.   

    • #798
      Jct25
      Participant

      Does this mean only I can use the banked points? And if I can't use them will I loose them?

    • #799
      Fasttr
      Participant

      Here is a link to the MVC Learning Center.  Check out the Points Owner Webinar.  That will likely provide you with a lot of additional information on using your points.  http://vacationclub.readytalk.com/?p=rYou are correct, your banked points must be used by the end of the use year they were banked into, otherwise you lose them.As for your question, must YOU only use the banked points, technically that is correct, but you could rent them indirectly, meaning if you find somebody who needs a reservation, and you book that reservation for them using those points (and others if necessary), and then add their name to the ressie, you could in essence rent the points that it took to make that reservation for them.  Its a bit more cumbersome of a transaction, but it can work.  Good luck. 

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