Are you a member of Marriott Vacation Club and wondering how long you can hold onto your points? Well, the answer is not straightforward.
The duration for which you can keep your Marriott Vacation Club points depends on several factors. In this article, we will discuss the various scenarios that determine how long you can bank your Marriott Vacation Club points.
What are Marriott Vacation Club Points?
Marriott Vacation Club Points are a form of currency used by members of the Marriott Vacation Club. These points can be used to book accommodations at any of the Marriott Vacation Club resorts worldwide.
How Long Can You Bank Your Marriott Vacation Club Points?
The duration for which you can hold onto your Marriott Vacation Club points depends on multiple factors such as ownership type, use year, and banking policy. Let’s take a closer look at each of these factors.
Ownership Type
Marriott Vacation Club offers two types of ownership: weeks-based and points-based. If you own a weeks-based ownership, it means that you have purchased a specific week at a particular resort every year. In this case, if you do not use your week during your designated time, it will expire, and you will lose it.
On the other hand, if you own points-based ownership, then things work differently. You can use these points to book accommodation at any of the resorts in the Marriott Vacation Club network throughout the year. And if you do not use all your points in one year, they can be carried forward to the next year.
Use Year
The Use Year is another significant factor that determines how long you can bank your Marriott Vacation Club Points. The Use Year is a 12-month period that starts on a specific date every year and varies based on when the owner purchased their ownership.
If an owner fails to use their allotted points before their Use Year ends, they can bank them for the next Use Year. For instance, if your Use Year is from January 1st to December 31st, and you did not use all your points by December 31st, you could bank them for the next year.
Banking Policy
Finally, the banking policy of Marriott Vacation Club also plays a crucial role in determining how long you can hold onto your points. Marriott Vacation Club allows owners to bank their points up to two years in advance. It means that if you don’t use all your points in one year, you can bank them for the following two years.
However, it is essential to note that once you have banked your points, they cannot be returned to your account. You must also remember that banking fees may apply when you choose to bank your points.
Conclusion
In conclusion, how long you can keep your Marriott Vacation Club Points depends on several factors such as ownership type, use year, and banking policy. If you are unsure about the duration for which you can hold onto your points or have any further questions regarding Marriott Vacation Club Points policies, we recommend contacting their customer service team.