Hiya, Melissa!
Welcome Home and welcome to planDisney. One of the best parts of
Disney Vacation Club Membership is the flexibility. Being able to Bank and Borrow Vacation Points has enabled us to maximize our Membership for vacations of our dreams to Disney and beyond!
Melissa, when you Borrow ahead Vacation Points from the next Use Year and have to
modify or cancel your reservation 31 days or longer from the check-in date, those
Borrowed Vacation Points will remain in your current Use Year, even if they were originally from the next Use Year. Borrowing and Banking Vacation Points is a
final transaction. That means that Borrowed and Banked Vacation Points can't be banked and borrowed again, even if you cancel your reservation. So if you have to cancel, those Borrowed points would have to be used by the end of the current Use Year or they would expire.
Our family calls these "use or lose" Vacation Points, and it is often a great excuse to squeeze in an extra Disney vacation before the end of our Use Year. While it may not be what you had originally planned, getting in a little extra pixie dust is always a good idea in my opinion.
If you need to cancel 30 days to one day before check-in, those Vacation Points will go into a Holding Account in the current Use Year. The Points in the Holding Account can still be used through the end of the current Use Year, but they cannot be banked or borrowed and must be used for reservations at least 60 days before the check-in date. Unfortunately, if the cancellation is made on the check-in date, those Points will be forfeited.
I hope this helps you, Melissa! If you have any further Disney Vacation Club questions, stop back here to see us and we will be happy to help you. Have fun making magical memories!
Keri