Borrowing Points

[starlifter Senior Member Find all posts View Profile Close starlifter]

Can points only be borrowed from your next USE Year if you are within 90 days. I found the following in the directory, but I am not sure if there is another section I am missing that is talking about outside of 90 days.

If you are booking an Express Reservation 90 days or less prior to the date of travel, and do not have enough points to complete the reservation, one option is to borrow the additional points needed from the next Use Year. Once the points are borrowed, they will not be available for travel during the future year.

We are not looking at renting points but hoping to use borrowed points to "pay" for trip.

Thanks, David

[shopgirl Senior Member Find all posts View Profile Close shopgirl]

You should be able to borrow points. We can within the RCI system and that is the least flexible of them.

[Jya-Ning Silver Contributor Find all posts View Profile Close Jya-Ning]

Yes, in FF, you can only borrow points in 90 days or less, and only borrow upto next year's point.

However, you can make one request to borrow enough point or use enough points from next use year, then cancel it. If you cancel before 30 days, it is consider cancel point and can be use in 10 month or less travel time. The cancel points goes toward the current use year, and can be used for this use year. So if you have 2 or more free transaction, you can consider this.

For simplicity, let us say it is year 2006 you know you need 84k for the 2006 trip, and you have only 14k left, so you are short of 70k. Your use year is from Jan to Dec. You can make 90day request for 84k that travel at this year, thus allow you to borrow 70k from 2007, cancel it. Or you can make 2007 reservation use 2007 points that require 70k, cancel it. They all goes to 2006 end year, and you now have 84k that need to be used before end of 2006.

For 2007 (next use year) reservation that will be very challenge, so if you try to make reservation for 2007, it may make sense to just rent from another owner.

Jya-Ning

[Jya-Ning Silver Contributor Find all posts View Profile Close Jya-Ning]

Actually, you can also use credit pool. You can only credit pool before use year start unless you are gold+ vip then you have 6 more months.

So use the same example, you can credit pool your 2007 points, then make reservation for 2006.

I forget when the 1st day you will see your use year point. But at this moment, I can see my 2008 point that starts at Jan. So in theory you can also pool 2008 points, since reservation period starts at 13 month, it means I can put them into credit pool at least at Dec 2006, and use them from the day I pool them for 3 years.

Jya-Ning

[nursetanya1973 Senior Member Find all posts View Profile Close nursetanya1973]

I was also able to borrow points from next year to deposit into RCI. I actually found this out by accident. I made a search first and booked 2 weeks in HI for March 2008. They used some points from 2006 and some from 2007.

I wasn't aware that this could be done, actually did not know it was being done until I looked at my account later. I did not realize what amount of points they used to search, thought they used 28k. They used 70k.

Tanya