DVC Notecards
Annual dues are due on January 15th. We carefully budget for them, which may be paid in one lump sum or monthly installments. The rates do go up each year.
We have three Home Resorts, each with a different expiration date. There are benefits to having a long-term contract or a shorter-term contract. The more years on a contract means more travel time, but it also requires more years of annual dues.
These abbreviations are not the only ones used when referring to Disney Vacation Club (DVC) properties, but they are widely understood by most.
Our Use Year is June. We always travel over the summer, so if we need to cancel, we will have nine to ten months left in our Use Year to find another date to travel. One important consideration is that owning contracts with multiple Use Years may complicate your bookings. To make it simple, stick to one Use Year.
Points in a Holding Account are restricted. You may only use those points for a booking 60 days before your check-in date. Canceling your stay 31 or more days before check-in will avoid points in the Holding Account.
For example, we own three resorts: Boulder Ridge, Bay Lake Tower, and Copper Creek. We can book a stay at Bay Lake Tower 11 months before the first day of our trip. For a vacation starting on December 1st, we can book as early as January 1st.
We always book resort stays at 11 months, even if we are still determining our travel plans. DVC members can modify their booking, but availability at some resorts is limited. Using your Home Resort priority for booking is a valuable benefit.
We purchased this benefit mainly for the bonus when purchasing one-time-use points. Membership Magic Beyond holders receive a bonus for every one-time-use point purchased for up to 24 points.
We recently bought 10 points to book a stay at Old Key West. We were out of points and needed some extra to cover the point cost of the room. I called DVC Member Services to make the purchase and used a Disney gift card to cover the cost.
These resorts are not affected by resale restrictions. You may use direct and resale points to book stays at these resorts.
When Disney buys back a contract through ROFR, it allows owners to maintain the value of their contract. Although it may be hard to accept when Disney buys back a contract on which you placed an offer, the practice does help DVC members by maintaining the value of the timeshare.