Hey. Everybody.
And welcome to this week's episode of the DVC show.
I am your host, Paul Krieger, and I'm joined this week by my
lovely wife, Amy Krieger. Hello, we've got John Saccari,
AKA Big Fat Panda with us. Hello everyone.
Senior sales associate for the DVC resale market Derek De Boer.
And now? And Jeff Haslam, who I spoke to
not too long ago and he said I introduce everyone else with
some sort of catch phrase and we don't have one for Jeff at this
point. So I'm putting this out into the
world for you folks at home to come up with a catch phrase for
Jeff Haslam. This will.
Be great. Do that right now.
You asked. You asked me that when we were
at dinner the other night and. And I figured I'd like get to
pick my own nickname, not put it out to the Internet.
My God. What would you what would be
your pick? I have no idea.
You put me on the spot. I've given you.
I've given. You your opportunity, And now
it's America's choice. So this is.
Like an episode of Big Bang Theory where he wants his
astronaut name to be Rocket Man and instead it gets Fruit Loops.
That's what it's going to be now.
Do you? Do you like Fruit Loops?
I mean, no. Around the horn, Real quick.
Favorite breakfast cereal? Panda.
Cheery Cheerios. Just normal Cheerios.
I like Cheerios, so strawberries and bananas.
Cinnamon Wife is my choice. Derek Oh, that's I like crisp.
Anybody remember crisp? It was like little tiny UFOs of
pure 100% like sugar. I don't even think it was legal.
What? Who was this?
Quisp quisp Q It's a little cute.
Little yes. Let's get the alien with the
propeller. Deb, do you know what that is?
I think Derek needs to put the beer down or the bong.
What are? The.
Quisp Quisp I'm telling you, by the time this show airs, you
will have found the logo, you will have found the box and and
it will appear in 321 quisp logo right here and.
Not making it. And they They are delicious.
You're delicious. OK, on that Jeff Favorite
cereal. I'm a Crispix fan.
A what? Crispix.
Half rice checks, half corn checks.
Good stuff. Oh, I just like you.
Over. I'm over.
I'll make you dinner. And if I make you dinner, I mean
I'll pour some milk in a bowl. You can try it.
I mean that is that is dinner on our DVC show nights for for the
Krieger house, so. I mean, we don't do anything
fancy after filming three or four of these shows.
Well, thank you all for watching.
This has been a great episode. We're going to call it a day.
No, we are not. This was just the the light, the
lightness at the top of the show as we get into what is going to
be probably a pretty heavy topic, which is part of our new
DVC Back to Basics series in which we're going to dive into
all things UCO. So UCO is that term that.
Everyone within the DVC space hears, and I think probably
about 3% of us actually fully understand it, myself included.
I don't think I know every aspect of what a use year is,
even after talking about it and doing.
It of those 3% who think we have some grasp, only like .5% know
how to explain it and that's. Really.
Not us. So you know.
Bear bear with us here. We're going to, we're going to
kind of try to tackle it the best we can.
But we know that there's been a lot of questions about UC Year.
We actually did a small short about it not too long ago and
people were really asking us please dive more into the UC
Year topic and what is AUC year as it relates to Disney Vacation
Club. So we're going to kind of go
into that today. But as always, please, if you
love our content here on DVC Fan and the DVC Show, this is all
brought. To you by the world of DVCDVC
resale market, where you could buy or sell a Disney Vacation
Club contract and Derek will explain to you in that process
what a use year is. Monera Financial.
If you're looking to finance that contract purchase, I don't
think you have to worry about a use year and.
I do get asked it a lot. And the DVC rental store where I
can promise you nothing related to use year is discussed.
You can rent your own points if you have some extra points.
This year, I guess you would have to worry about the use
here. I hear you on the phone going.
What's your use here like every 10 minutes?
I guess for the member side of things, yes, if you're a guest
and you're looking to just. Yeah, that doesn't matter.
And go to Walt Disney World for a fraction of the cost.
That's not going to matter. And while I'm just plugging
things, please also head over to patreon.com/DVC fan if you are
not already a part of our Patreon community over there.
It has been a hoot. And holler if I can use a West
Virginia turn. So far tonight with Derek and
his audio issues and the rest of us just having fun and if you
want some raw unscripted thoughts of what Derek thinks of
use years, it's going to go up over on the on the DVC fan
Patreon SO. Better not be on Patreon.
No, he froze now. Now he was completely frozen and
that was perfect timing for the fact that we're talking about
bloopers and and everything as it relates.
There may be some obscenities over there on Patreon.
Yes, yes. So patreon.com/DVC fan, if
you're not already over there supporting us, please head
there. If you are supporting us.
Thank you so much for your support.
It means the world to us. But without any further ado,
we've talked about Serial. Let's talk about use here.
So UC year is something that is extremely confusing when it
comes to how your Disney Vacation Club points work.
So when you buy a Disney Vacation Club contract, where do
you buy direct or you buy resale?
Essentially you're going to be assigned so many points per
year. But when we say per year, we
don't mean calendar year as in 2023 runs from January 1st until
December 31st of the next year. We mean use year.
So that's. Specific year of time in which
you can use it, not something that is discussed all that much.
When you buy direct, essentially your points are assigned to you
and you get AUC year. But in resale and in the world
of resale, it really gets discussed a whole lot more
because essentially each contract already has a UC year
associated with it. And I think that's the best
place to start. Derek, kind of walk us through a
little bit just about UC year and and how it relates to that
that DVC resale contract purchase.
Yeah, I think to preface this before I delve into my bowl of
crisp cereal, I think probably more than anything, like you
said, Paul user is the most thing that people get so hung up
on user. They get so hung up on user.
They go so deep in the weeds that I talked to folks and then
I need a weed whacker to get them out of the whole user
conversation That truly at the end of the day, folks user is
simply the month. That Tinkerbell deposits your
Disney Vacation Club points into your account.
That's it. Use year has nothing to do with
booking. Use year simply means that your
points have to be used within that use year.
For example, if I have a June use year, that means those
points that year are good from June 1st all the way until the
following May 31st. If I have an April use year,
that means those points. That Tinker Bell puts into my
account April first are good all the way through that following
year up until that April first. Remember, the most important
thing is booking your home resort, the one you buy 11
months out and you can book any other Disney Vacation Club
resort starting at seven months out.
So what I stress people really think and I don't blame them, I
would too, because like you said, Paul, when you buy from
Disney Direct, you don't get to pick a use here.
Like, you literally sit with Disney and they will tell you,
great, So welcome to Disney Vacation Club.
You're going to get your points every single March.
That's it. Or you're going to get your
points every single June. You don't have a pick when you
come to our website, you're going to see, Oh my God.
So some of these have October, some of these have December,
some of these have February. Well, I like to travel in
February or I like to travel here.
Always remember, it's just eleven months out.
This is not Monopoly. Folks think that they cannot
book a Disney Vacation Club trip until they quote, UN quote pass
go. Oh so we like to travel in June.
So if I have a February use here, that means I could book
starting February 1st. And it's like, no, do not wait
until February 1st to book your trip for that June.
It just means that those points are in your account.
So if you have a June use year, right, let's say June, that
means it's good from June 1st all the way up until May 31st.
That's all that that means. So never think that use year has
anything to do with actually booking.
It just means the points within that year just have to take
place. That trip has to take place
within that use year. So likewise.
If I banked my points, let's say I have a June use year, and if I
banked my 200 points from June 2024 into June 2025, that means
those points then have to be used June 1st of 2025.
Up until May 31st of 2026. You have to use one set of
points. Every single two years.
So your use here simply means it's that window of time that
you have to use your points. So whether you bank points or
borrow points, you have to use one set of points every two
years and it just means the trip has to take place during that
window. So just try.
As you do research on Disney Vacation Club, try not to get
bogged down in use here. And I don't blame there's so
many sites online that people will go into buy this one or you
need to buy that one. There's some cases to where if
you only travel, let's say you know, one specific month of the
year, then you could sit with us and we're happy to answer which
one is going to work out best simply for cancellation
purposes. But other than that, if you're a
family that says sometimes we go in June, sometimes we go in
October, sometimes we do a little spring break trip, then
it just doesn't matter. Just try not to get bogged down
in the weeds of use here. I think, I think we're done
here. I think that covers the whole It
was a pretty it was a pretty good explanation.
About 10 minutes and I. Do want to say that while you
were lecturing about about youth here, I I looked up Quip and
they stopped making it in the late 70s and Paul and I were
born in the late 80s, so we're about 10 years after Quip.
So sorry, Well. Yeah, like I said, I don't.
It's funny that you bring that up because.
I also googled it and I'm I'm going to send this to you guys,
but there is a box of crisp cereal on eBay for $7.77 but
it's huge so I'm not sure where to go with that, but I have the
proof I'll send it. I'm not sure where to go with
this show at this point because if if half of the audience that
is currently listening to this show while Derek was talking.
I'm sorry, 75% of the audience of this show.
How did you print that out so fast?
Well, he was doing his lecture. I was busy.
Disney Magic Why? Why Professor Derek was
speaking. Panda and I are in the back of
the classroom. Pass a note.
Yeah we've got we've got great students here.
Well, I, I there are going to be people that listen to this show
that that this is important too. And Derek, you know, that was.
When we talked before the show about the direction that we
wanted this to go in, you know, you hit the nail on the head.
We wanted to not necessarily go down that rabbit hole of oh, if
I travel here, I should buy this or that, that kind of mindset of
use here. There's a lot of information out
there on the Internet that's going to give you that
information. But more so, the thing that I
think that that we encounter time and time again is people
that just don't know how to use their points within their
specific use here because. Like you said, if you're buying
direct and and you know Panda, I, I want to get your thoughts
on this in a minute. But you know Panda you're our
kind of our newest Disney Vacation Club member of this
group of people. When you bought Direct, I don't
they didn't ask you what use year you want and when do you
travel and all of that kind of stuff.
If you buy Direct, if it is your first contract purchase, Panda,
they just assigned you something.
It was December was your use year.
I didn't even know what that term meant.
I to me, I thought, you know, 2022 is 2022.
No, it's December I But I think the real confusion comes from if
I have a December use year, why do I have to bank by July or
lose the points? That was the worry for me.
Like that I didn't quite get, but I've called Amy so many
times I think I've figured it out.
I think Amy is an expert on use year.
I do better in a one-on-one situation, but here I get.
So when Fall and I first got our our first DVC contract, we were
those people that thought we had to wait.
Until February, until we were allowed to book something like
we we have to wait until we get our points.
In February, we can't book anything.
And so we we were those people. So we we we learned, you know,
Oh my goodness, we we could have booked a long time ago.
We just need to make sure that we're using the right points for
the right use here. You know what I mean?
Or we have the right amount of points that we need in the use
here? But yeah, I I think it's it can
be very confusing. I do a lot better with people on
one-on-one. So I get a lot of people that
will message me or go be like hey I've got I've got this many
points I've got this is my use here.
I want to book this state. What do I need to do?
When do I need to borrow? And I'm good at looking at that
and going okay you need to. You know you need to you need to
borrow this many points from this use here and then you can
take the rest of the points from your that that works.
But explaining it to like the mass audience, I think it's
confusing. And we remember we watched a
couple of videos early on when we were new and we were like,
yeah, still don't get it. I don't get it.
It wasn't until we used. People have learned more about
cereal on this episode. Than that about use here So it
wasn't until we used our membership but that but you know
it's people are different types of learners.
Some people are more. More, you know, auditory.
I'm not, I'm not an audiobook person and I can't.
Paul Paul loves listening to podcasts, audiobooks.
I have to see the words. I'm more visual and and very
kinesthetic. I have to have that hands on
experience and we didn't really fully grasp use here until we
were in there using our points, suffering the consequences of
not knowing how to use them properly.
That's that's when we learned. Oh this is this is used here.
This is how it works and this is when we need to bank by and
these are the you know, this is we can book whenever but these
are the points we have to use when we book.
So you have to get in there and and use it and you know, ask the
questions as you're going, but. And I think that's that.
Points to how valuable the DVC fan Facebook community is.
So if you're not over facebook.com/DVC fan, the DVC
fan, Facebook group, all of, there's so many people in there
that have become experts in this, including Amy Krieger
herself, who is in there answering questions all the
time. And so if you are confused about
how it works, you have a great support group around you to
answer all of those questions. So Derek, you hit one of the.
Number one questions that we wanted to kind of address which
is when do those points expire and it is dependent upon
essentially that month that your use here is.
So if it is February, you are going to be able to use your
points up for a check in of a one night stay up until January
31st of the next year and then the next day restarts your use
here or as you put it, Derek Tinkerbell puts those points.
In your account for the next year, so.
I think when it comes to most, this alien flies flies by and
deposits the points into your account.
But I think it's it. I think that's AI think that's a
good base point for people to understand how points work is
that essentially it is they need to be used within that use here
within that. Year of time now how you use
them within that year is completely up to you.
And when when Disney looks at the points that are available to
you, keep in mind that they look at it as of the day of check in
of that specific reservation that you are trying to book.
So we're here recording this episode in October of 2023,
which means that we are currently booking out at the 11
month window all the way until September of 2024.
Now that's not the use here. That I'm currently sitting in
with my points. That is September 2024, which
means it'll be Our primary use here is February it it is the
next use year. So when I'm booking today for
September 2024, I need to be thinking about what points are
available to me on that specific day.
So on September, let's say I was looking for a trip for September
1st through the 10th of 2024. What points are accessible to me
on that specific day? The points that I currently.
Have here. Does this fall in?
Those are the points I need to be using.
And I think that's to, to your point, that's where a lot of
people get stuck like we did early on is that they wait.
They wait until their points are eligible, which means that if I
were waiting currently, I would wait all the way until February
1st of 2024 and then not only will I have really kind of
potentially lost my opportunity, but I'm also within the zero to
seven month booking window at that point for that specific
vacation. OK.
Let me hope you like Sarah Quinn Springs.
Tell me if I'm I'm right about this.
I have a December use here. 150 points.
I used them all for this year. They're already done in exactly
150 points, which is weird. I have nothing to bank, nothing.
So now I don't have to wait till December 1st if I want to go
away in March of next year. I am just going to borrow at
this point my points that are coming December 1st.
So you are December use here. You are currently in your 2022
use here, right? Because December of 2023 hasn't
started yet, correct? So my points are.
Now done for. This year.
So you've used all those points, those 2022 points, you have all
your 2023 points. Well, I don't think I got them
yet, but I I have. I didn't borrow.
If you're coming, if they're coming December 1st.
Right, you don't. Tinkerbell has not.
OK. You don't have to wait until you
don't. You don't have to wait until
you've got them. They're there.
They're always there. So March of 2023, OK.
What use year does March of 2023 fall in for you?
So think about this. Your use year always starts on
December of that year. So 2023 use year starts December
1st of 2023 and then it goes all the way until November 30th of
the next year. So March is in your 2023 use
year. So you have points right now in
your 2023 use year, right? Yes.
Yep, So you can book right now. What is Mark?
So the mistake I made was thinking that I would have to
borrow because December 1st they didn't give them to me yet, but
I knew I could book it. But.
Correct. I'm not borrowing because I'm in
the. I'm going to be traveling in the
usher. That I are.
Yeah, so you got to basically like transport yourself in a
time machine forward to that day and ask myself what, what's in
my wallet today? What's What's in what's in my
wallet today? So technically, as of that date,
not only could you use all of those December 2023 points that
you can't even touch currently, you could use them all.
You could borrow from December 2024 and we're getting, we're
getting a little ahead of ourselves.
Makes a lot, no. But now it makes a lot more
sense, I think, Yeah. It's all about when you're
traveling, what points are available to me during that
travel season? And yeah, and then you can.
And like I said earlier, when it comes to, you know, if you wait,
if you, if you have that mindset of I have to wait until I get my
points, you get stuck and you lose one of the best benefits of
ownership, which is your home resort booking window, Derek.
You said it. You'll end up at Saratoga
Springs. Yeah.
Which is fine.
And I don't blame you, panda, because December's probably one
of the things I hear the most is probably the most confusing you,
Sears, just because you're in right now like 2023.
But then the next month, it's all of a sudden 2024.
So wait a second. But I just got my 2023.
But then my 2024 points are coming up next December.
So yeah, you're not just always look at no matter whatever that
use here is, it's from the first of that month, month all the way
up until you hit the end of the month prior to that one coming
up. So it's November 30th and the
travel like Amy said, just has to take place during that window
of time. For example, if you have all of
your points coming up this December, if you wanted to go
away tomorrow and there was something available, you could
you would then just going from your 23 points.
But that would be borrowing then in that case, correct, because
you're borrowing it into the previous?
Into a different right. Into a different yes.
OK, perfect. I got it.
Jeff, when you bought into Disney Vacation Club, did you
understand any of this or have a have a clue about you this?
Year. And I'm already thinking about
turning into a life of crime. My my brain is melting.
So just go eat Fruit Loops. I say this.
Like quip quip. Let me just say one thing and
see if this is if pertains to you two.
I will say that if you're going to do add-ons, you know if I'm
going to buy now from worlds of DVCI would definitely look for
the same use here. Just not to confuse the heck out
of myself, you know? Yeah, if you if you and and
we've we've mentioned that on shows before if you buy
different contracts that are different use here so you've get
you know. And you've got your December
contract for your Riviera points.
You go on to the, you know you go talk to Derek at the resale
market and decide to buy Polly and you end up with a June use
here. Now you've got, you've got two
different sets of dates in play and it's not like they can come
together it they unless we're in the seven month window which
even in that situation you're going to have problems because
you're going to have to transfer and you're going to have to do
all this crazy stuff. So rather than confuse yourself.
It is easier at that point in time if you can, to keep a
single use your Derek. Would you agree with that?
Oh my God 100%. No one probably loves, no one
really calls us and says, you know what, I have two different
use years and man, I love it. It's so much I love being able
to call member services to transfer points from one account
to the other account, so no one loves it.
Is it an extra step? Yes.
Is it possible? But again, this is where the
conversations go, where people get in the weeds and they start
to go like, Oh my God, So what if it happens?
So if I buy now, but then if I get a different user, this is
where people's heads start to explode.
And I don't, I don't blame them. But I also want to say when
you're a member, whether you buy director with us, you're still
going to use member services. Member services are experts, so
you are welcome at any time. You're still using the same
Disney Vacation Club website. So call them, talk to them when
you have questions. It's not like you have to do it
on your own and all of a sudden you hit the wrong button and you
borrowed when you didn't mean to borrow.
You could just call DBC, have them walk you through it, say,
listen, I'm trying to book a trip for this.
What do you suggest? Those people are experts and
they're more than happy to help you.
They will always, you know, obviously you know, use your
your oldest points first. So if you have some bank points,
they're going to obviously use those.
But again, member services is at your fingertips, so feel free to
use them. You're not out there all alone,
so don't worry, we're here to help.
That's yeah, so true. We're here to help DBC fan.
You know, we we already talked about the DBC fan Facebook
community. You know, Amy and I are always.
You know, always entertaining these questions because we know
how hard it is and how confusing it is.
We get the I get this, you mentioned you talk to people at
Monaro all the time about this. I talk to people at BBC rental
store all the time because you know, people are looking to rent
out their points and again, they're just confused as to when
do I access them. And these are people that you
know it. It's sad because these are
people that have owned contracts for 10/20/30 years.
You know, these are people that have had these points for a good
amount of time and that means that they've been confused in
how to use them for so long. So we hope that, you know or or
Paul, it just means their spouse was doing all the planning and
they just simply showed up and went on vacation.
That is a lot of people, when it's left up to them, they're
like, what do I do with this? I don't know.
I just used to showing up on vacation.
How does this all work? We get that a lot.
Yeah. Yeah, for sure.
Jeff, what's been your use of your saga when it comes to your
specific point situation? Other than being in an eternal
state of borrowing, I don't know that I have a saga per se.
I mean, and that's my biggest problem is, and I'm hoping that
being down here helps me kind of get ahead of that curve, but it
will. I have never had leftover.
No, it's not going to. It's going to make it much, much
worse, Jeff. No much worse when you live
here. I know I want to say it helped
because I was. I'm thinking if it helped us,
but I don't think it's. I think it was the pandemic that
helped us where we weren't allowed to borrow and that's
what straightened us out. Yeah, good point.
But mine's pretty easy. I have a March use here.
All my contracts for the same ones I I didn't buy with any
particular use here in mind I. I found the contract that I like
and then just stuck with that use here.
So I'm pretty boring I'm empty. You're thinking about a Hilton
Head contract. Would you buy a different use
here? I'm not sure I would care one
way or the other if I were to get that Hilton Head contract.
It's going to be solely to use at that resort, so I'm not going
to be necessarily tied to. Oh man, I got to tie it to my
March. If I see a contract that's
attractive, I'm going to jump on it.
But and that's when it obviously if the stars align then that
would be great, but then I'm just going to end up borrowing
those points and. Yeah, we, we did the same thing
with our Grand Cow. It is our only one that sits in
a different use here and that doesn't matter because that's
all we use it for you. So you know, we don't have to
worry about transferring or or any of that.
Everything. Disney World is in one.
You share everything Disneyland. Is it another?
Yeah. Does that mean we're going to
have more Disneyland? I don't know the way I said that
it sounded. I know it.
Sounded like there's more. Disneyland in the future, So we
pause it. Is it?
Is it another? Derek, I blocked your phone
number in her phone so she can't call you anymore.
So that's true. I still have Slack 1000 point.
Block his number on my phone. Just.
For for those listening and and viewers at home, Derek was
having audio issues earlier and I was trying to help him, so I
was calling him. And he was looking at his phone
and just throwing it to the side.
And I'm trying like he can't hear us and I'm trying to call
him and he's ignoring my phone call.
It was, it was gorgeous watching him ignore my phone call.
But Jeff, you said I'll talk to you about a use here, right?
Listen to me about you. I don't know how to use the
phone, but I'll talk to you about a use here.
Jeff, you mentioned borrowing a lot of times and I think that's
the last place that we wanted to go with this conversation.
We don't want to make this too confusing.
As Derek said already, you know this can get very, very
complicated. There's probably people out
there saying like what's the best use here?
There's no right answer to that question.
You know, just ignore those questions when it comes to what
we're trying to do tonight, which is really just explain to
you how to use your points. So it's use here as it relates
to how you use your points. And the other thing that really
relates to this is banking and borrowing.
And you and I have gone back and forth with this like 100 times.
It's it it to like what you said earlier, how is the best way to
explain banking and borrowing? And so if we get creative, we
might put up some sort of graphic that we hope sort of
explains this. I think graphics are a must.
Graphics, Graphics are a must some.
Sort of visual. We're going to hopefully come up
with a little bit of a visual graphic to go along with.
This, but we need to first of our first and foremost put
ourselves in that same mindset of Tinker Bell gives you those
points and you've got that year to use them.
So for banking your points, if you are not going to use your
Disney Vacation Club points within that calendar year that
Tinker Bell has given them, you do have the option to bank them
forward. Derek, I think you explained
this a little bit earlier. You do have the ability to bank
them forward into the next. Use year.
Now what that means is that they're going to be sitting
there waiting for you and whenever you get into the
booking window to be able to use those points, you can then
access them. So again you don't have to wait
until you know our our use here is February.
I don't have to wait until February 1st of when those
points are available to use them.
I just have to get within that that that that use your banking
or? Booking window and once I'm
there, I have access to not only those banked points that I've
banked from the previous year, but I also have access to my
current year's points as well. And the the process of banking
points is pretty simple, You can actually do it online or by
contacting Disney Vacation Club member services.
The thing with banking to also understand is it it's a final
transaction. So you want to probably wait
until within about a month of that banking deadline, and we'll
put up a graphic that sort of outlines for each use here what
that banking deadline is. But it technically it is four
months before the end of your use here.
Those points have to be banked by given whatever your specific
use here is. Yes, and you can bank your
points really early if you want to.
We try to wait till the last minute because we never know if
we want to use them before that and.
And you want to make sure that you also pay attention to your
banking deadlines. Every use year is going to have
a different banking deadline. It's basically four months
before the use year. The next use year starts
basically. So for February, it's September
30th, for April it's November 30th.
But we can put that that graphic up really quickly too, so you
can see what those banking deadlines are.
It's something you should have in your calendar depending on
your use year. So that you know, I have to have
my points banked by this certain time.
Because if you have points you didn't use and you're not going
to use them within that current use year and you let that
banking deadline pass, then you're done.
You can't bank them forward and you have to figure out a way to
use them before they expire. So very important to keep track
of your banking deadline. You can always bank them sooner.
You can bank them early if you're going to be using them to
book something further out in your next use year, but.
Yeah, I always tell people, you know, put a put a calendar
reminder about a month before that banking deadline on on your
iPhone or whatever your device is that you that that you use
and have that alert come up and you know, just double check your
account, make sure that there's no lingering points out there.
You know, maybe you you you thought you would used all of
those points, but there might be a couple that can still be
banked forward. You just don't want to get
yourself in that situation, unfortunately.
I talk to people that are renting points all the time
where they've forgotten. They they get to that point
where they get past their banking deadline and they've
forgotten and they're not going on a Disney trip and now they're
really in trouble because they they they're kind of at the tail
end of their use here. They're within the seven month
window. There's going to be limited
availability, which means there's going to be limited
rental opportunities. It just really kind of puts
yourself up against a wall when it comes to.
How How to use your points Questions about banking Or are
you guys looking at cereal still?
Yeah, well I will. I will personally tell you that
borrowing is way more popular than actually banking.
Borrowing is way more popular. Most people when it comes to
banking, after they book a trip, it is usually when they bank,
right? So if they have 150 points, they
just booked the trip, it was 137 points.
Disney will ask you what do you want to do with these remaining
points? Do you want to go ahead and bank
them into the following news here or you just want to hold on
to them? So anytime you sign into your
site, it'll give you lots of reminders.
But like Paul said, just pay attention to it.
Because you know, every point is valuable.
Every point is very, very precious.
I can't tell you how many times I go, God, if I only had like
two more points, we could have been able to do this day or that
day. So yeah, you'll have plenty of
chances to be able to figure out do I want to bank it online?
Or again, you can always call member services and they're
happy to help you as well. Yeah.
And Panda, I think you asked this question a little bit
earlier, but I did want to kind of probably try to put an answer
to it. So there's a lot of question as
to why there's that banking deadline.
And why they kind of set that in place for Disney, I think it it
relates a lot to how they utilize these rooms and how they
utilize the properties. If you do elect to bank your
points forward. Because most likely they're then
going to move inventory and points around so that they can
maybe essentially book that room via a cash day because when it
comes to. Points.
Disney has their own points as well, and they have their own
inventory when it comes to all of these Disney Vacation Club
resorts. And so when people bank their
points forward, all of these kind of levers kind of give them
some insight. It's a different show actually.
That's a really good point. It's Hark.
It's harkening back to the levers, yeah.
It always harkens back to the levers that to your point and I
can't fight, is it the role of four?
I yeah, someone has asked us to talk about the role of four.
I don't think there's there's enough to talk a whole show on
it. But I also think just sneaking
this in here, it's not really related to.
Well, it kind of is related to youth here, right?
No, it's not. It's related to the booking
anyway. What is the role of four that
you have to do any kind of exchanges?
You have to do any exchange into the Disney collection or into a
cruise or anything directly through Disney.
Within that period of time, however many months it is
before, four months before the end of the calendar year, I
thought it. Was four months before the end
of your youth year. Yeah, before the SO.
It is youth year, yeah, before months, before the end of your
youth year. And that's.
So Disney has those four months to use your points that you
exchanged and gave them in book cash inventory and sell it.
Yeah, because that's. What they when, when you do,
when you use your points for like a cruise or something
direct through Disney that's what they're doing with the
points is they're going to take the points and.
So, so we think that's why you have the bank by four months.
So, right. Yeah.
And remember when I talked about getting in the weeds?
It's this kind of stuff that people truly get in the weeds.
There's nothing wrong with bringing it up, but truly this
is where people go. Wait a second.
So if I the last four rule of four, I will tell you that when
I joined Disney Vacation Club back in like the late 90s, now
it's easy because you get your points every year.
You got eight months to figure out, am I going to use them or
am I going to bank them? But when DBC started, and I want
to know all those people in the comments, remember it was
insanely convoluted. When it came to banking your
points you had from your use here, it used to be like six
months you could bank 100%, but then at seven months you could
only bank 50% and at three months you could bank like 25%.
They had charts and graphs and like scratch and sniffs.
I'm trying to figure out what am I going to do.
It was ridiculous. So at least now it's eight
months, so you get your point A. 100%, Yeah.
So it's much easier than it used to be.
Yes, I remember those charts we we weren't around then, but I
remember seeing them before. Jeff, it's easier now.
I guess so. Yeah, Jeff.
Jeff is like that brain blow up emoji right now.
It's it's been a lot. No, I'm just kidding.
It's fine. I I think it's been great and I
think. For whatever reason, December
youth here I think, confuses people more than all the rest of
them because it's so close to the next calendar year that.
One is kind of in the actual year.
And the thing that's the thing that I will tell anyone that's
listening to this show is try to, if you can do anything by
the end of this episode. If you can answer the question,
when do my points expire then, then, then you're playing the
game correctly. And if the answer to your
question is December 31st, you've lost.
No one's points expire on December 31st and I can't tell
you how many times. People have unfortunately told
me that their points expire on December 31st.
And I always just follow that up with the question, what month
does Tinkerbell put the points into your account?
What month do you get your new 160 points or whatever that
allotment is? Because there is no use here.
There is there is no January use here.
There would have to be a January use here.
For points to expire then, but we're not going to go any
further into those weeds. But the last thing that we're
going to talk about which Jeff is in an eternal state of is
borrowing. And Derek you you mentioned it's
not only do more people borrow, but it's a lot easier I think to
explain borrowing at least now it is post pandemic.
During the pandemic, that was kind of fun, but essentially.
Let's let's go back and use, you know, Panda's example again,
Panda. You're sitting here, you're
thinking about booking a March vacation.
Not only are you going to have your 2023 points, your December
2023 points available to you, but if you needed some extra
points to to to fulfill that trip, you could actually borrow
your next U Sears points. And the cool thing about
borrowing is. Technically, I have 300 points
available to me at any given time.
If I haven't used them yet for the next year.
Got it. If you, if you set it up right,
you have basically three years worth of points at any given
time to utilize and I think that really plays into how people
buy. Derek, you could probably speak
to that is, is some people are planning to maybe go to Disney
once every other year. At least that's their thought
when they buy into Disney Vacation Club and then they get
hooked and they adonitis becomes a thing and they buy more and
more. But some people do initially
purchase with that thought, right?
We have a lot of people that will literally look to say,
listen, we come, maybe I'm overseas or maybe I come, you
know, once every two years. So those families will look to
say perfect. So I'm going to buy 200 points
because that means every two years I have 400 points to be
able to use. So I can snag that two-bedroom
for, you know, 89101112 nights to be able to take that trip.
There's no perfect number of points.
I tell people this every single day for 20 some years.
There's nobody ever says I bought 160 points.
And you know, it's crazy. Every year I use exactly 160
vacation club points every single year.
Nobody does, honestly, because some years you borrow, so you're
going to bring family. So now we need 200 points, so
we're going to borrow 40 from the next year.
Maybe one year you used 140, so you're going to bank your 20
into that other year. So there's never a perfect
number of vacation. But that's what makes this club
so insanely flexible. It's all about getting started
with something. And you're going to figure it
out that if you find yourself like Jeff in a constant
perpetual state of, you know, borrowing Disney Vacation Club
points, that's when you look to say, hey, you know what, I think
I want to find another contract of, you know, 50 points or I
want to find another contract of 100 points because there's not
that perfect number. It's all about just get started
with something, use it for a couple years.
We've had a lot of folks that will buy it, not even use it.
And they've added on already because they've tried to
calculate their trips that they're going to take for the
next coming years. And they're like, Oh my God,
that 100 point package we did, that ain't going to fly.
Why? So, Derek, we need to get
another, you know, 50 or we need to get another 100.
So yeah, just getting started is the most important thing.
And again, there's no fees to banking and borrowing.
We want to stress that I talk to folks all the time with other
timeshares out there. And Disney, of course, says, you
know, vacation ownership, you know, wink, wink.
So it's vacation ownership. There's no hidden fees.
There's no guest fee. If you want to let a friend or a
family member use it, There's no fee in that.
There's no fees to bank your points.
There's no fees to borrow points, so it's super easy.
But yeah, just getting started. It's just the most, the most
important thing. When it comes to borrowing, the
last thing I'll say is be confident.
Before you borrow, be confident that you are going to take that
trip because just like banking was we mentioned earlier,
borrowing is a final transaction as well.
So once you borrow those points, they are stuck in the use here
that you have borrowed them into.
So they are going to expire at the end of that year with any
points that are within that year, so.
They cannot be banked. Correct.
They cannot be banked. You've you've you've basically
stuck them when when you move them, they're stuck.
It's a one way trip. It's a great, great way to put
it, yeah. It's whether banking or
borrowing one way trip. The thing that I think makes
borrowing also easier is you can actually do it while you're
booking a trip. So when you are booking
something you don't have enough, it'll be like, well you need to
borrow and you can do it right there in that booking.
That makes it easy. Yep.
Right there. Right there as part of that
process. So it's way too easy.
And then all of a sudden you sign back in again and you go,
hey, let's plan a trip and you go, what's this zero mean?
It means I have no points like at all.
Like, oh God, always. Panda Jeff any any other
question like I know Panda like you're again, you know you're
our new member. Have have we opened a whole new
world to your point usage? No, I definitely think this
cleared up a lot for me. Believe it or not.
I kind of feel like I got it. I know I'll be surprised and
I'll be calling Amy, but no. Right now I'm good.
And let me just specify that having access to Amy is you
don't get that with your normal DVC.
Thank you. Thank you for clarifying.
That's an extra. Extra perk not a Amy is not a
direct. Perk.
No. Yeah, you're stuck with me or
Jeff. No, but I think I I hope that
you know we have been able to clear up some of those
misconceptions that you've had either heard or some of the
places where as Derek has said, you've gone far into the weeds
when it comes to. How points work, you know,
banking, borrowing, use here. All of those terms, most
importantly just relate to how you use this membership that
you've bought into. And I think this concept is
where a lot of people's frustrations when it comes to
the program get. It's the fact that you you do
need to take the time, Spend a little bit of time, listen to
this show, listen to other podcasts.
Read information about how to use this significant investment
that you are purchasing. Because if you do, if you do
that research, you're going to love the product even more,
you're going to want to add on more and it's going to just be a
lot more enjoyable. Otherwise you're going to kind
of set yourself up for failure, for lack of a better term.
So and ask questions, be curious, ask questions.
I think is that a, that's a Ted lasso thing?
I'm pretty sure but. But it I think it, I think it is
a good, good way to kind of sum it up is, you know, ask
questions. And believe.
Yeah, right.
Well, anything else? No, no, no, no.
No more cereal? No more levers.
Time for some cereal. Thank you all for listening to
this episode of of the DVC Show. You know, I hope we've answered
your questions. When it comes to you, Sierra, I
hope that this series of back to basics are good.
If you have any thoughts of any other back to basic topics that
you'd like to hear, please go ahead and put those in the
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