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Banking Rented Points

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    • #60
      Carlito
      Participant

      If I rent someone's 2013 points and they are transferred to my account, will I be able to bank them to 2014 if I want to or will I have to use them by 2013?

    • #449
      GregT
      Keymaster

      Carlito, When points are transferred into your account, they can not be banked into a subsequent year, they must be used in their Usage Year. One way to think about it is that points are only allowed one "transaction".  That transaction can be to 1) borrow them into an earlier year  2) bank them into a subsequent year or 3) transfer them to someone else.  Once that single transaction has occurred for those points, they are no longer eligible to be banked/borrowed/transferred again. Accordingly, we have to be very careful when we bank/borrow/transfer to make sure we have the desired use year correct. I hope that helps? Best, Greg

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