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If it’s looking like your won’t be able to use your Marriott Vacation Club points within their intended use year, Marriott Vacation Club offers its owners the option to extend the life of your points through a process called banking. Depending on your underlying Marriott Vacation Club status, this will give you an extra 12-24 months to use your points before they expire for good. The only catch is that once you bank you will not be able to use your points until the next calendar year starts, and you need to do this within 6 to 4 months of your use year expiring ( again dependent on status). Let’s take a look at how to bank you Marriott Vacation Club points
The process of banking is quite simple to do, and we have banked points several years in a row, but this year we actually ran into a situation where we were going to be unable to use our banked points prior to their final expiration. If you’re in a similar situation, give Marriott a call, as we were able to secure an additional 18 months with some restrictions. Long story short…we had points from 2018 that we had banked, and they were set to expire in July of 2020, but now, we have access to them until the end of 2021.
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Earn Marriott Perks
Non- Affiliate link
Information about this card has been collected independently by Monkey Miles. Card issuer is not responsible for the information or accuracy
Chase Marriott Bonvoy Boundless® Credit Card
4
4/5
Earn 15 elite nights every year you keep the card, Marriott Silver Status + an annual 35k point anniversary night.
Make sure you read the Marriott application rules as they can be tricky
Welcome Offer
Earn 3 Free Night Awards (each night valued up to 50,000 points) after $5k spend in 3 months
Annual Fee
$95
Points Earned
Marriott Bonvoy
- 3x points in combined purchases on gas, groceries, and dining
- 2x points on all other purchases
- Automatic Silver status and get gold if you spend $35k+ on the card
- 15 Elite Night Credits each calendar year
- 1 Elite night for every $5k in purchases
- No fx fees
We have seen offers as high as 5 nights, up to 50k per night, for $5k spend in 3 months
We keep an up to date spreadsheet that lists what the highest offers: You can find that spreadsheet here.
Main Cast:
Cards that earn flexible points and should be used on the bulk of your purchases.
Supporting Cast:
Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on.
As I mention in many of my breakdowns for hotel cards…the annual anniversary night usually outweighs the annual fee.
For $95 a year, you’ll earn an anniversary night good at properties up to 35k a year. You can add 15k to these certificates as well, but keep in mind, this point range will probably be useful on road trips or nights near a hotel…not uber luxury properties.
You’ll also start get 15 elite nights per year which is fantastic if you’re chasing Marriott status.
-
Earn Marriott Perks
Non- Affiliate link
Information about this card has been collected independently by Monkey Miles. Card issuer is not responsible for the information or accuracy
Chase Marriott Bonvoy Boundless® Credit Card
4
4/5
Earn 15 elite nights every year you keep the card, Marriott Silver Status + an annual 35k point anniversary night.
Make sure you read the Marriott application rules as they can be tricky
Welcome Offer
Earn 3 Free Night Awards (each night valued up to 50,000 points) after $5k spend in 3 months
Annual Fee
$95
Points Earned
Marriott Bonvoy
- 3x points in combined purchases on gas, groceries, and dining
- 2x points on all other purchases
- Automatic Silver status and get gold if you spend $35k+ on the card
- 15 Elite Night Credits each calendar year
- 1 Elite night for every $5k in purchases
- No fx fees
We have seen offers as high as 5 nights, up to 50k per night, for $5k spend in 3 months
We keep an up to date spreadsheet that lists what the highest offers: You can find that spreadsheet here.
Main Cast:
Cards that earn flexible points and should be used on the bulk of your purchases.
Supporting Cast:
Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on.
As I mention in many of my breakdowns for hotel cards…the annual anniversary night usually outweighs the annual fee.
For $95 a year, you’ll earn an anniversary night good at properties up to 35k a year. You can add 15k to these certificates as well, but keep in mind, this point range will probably be useful on road trips or nights near a hotel…not uber luxury properties.
You’ll also start get 15 elite nights per year which is fantastic if you’re chasing Marriott status.
- Earn Marriott Perks
Non- Affiliate link
Information about this card has been collected independently by Monkey Miles. Card issuer is not responsible for the information or accuracy
Chase Marriott Bonvoy Boundless® Credit Card
Earn 15 elite nights every year you keep the card, Marriott Silver Status + an annual 35k point anniversary night.
Make sure you read the Marriott application rules as they can be tricky
Welcome Offer
Earn 3 Free Night Awards (each night valued up to 50,000 points) after $5k spend in 3 months
Annual Fee
$95
Points Earned
Marriott Bonvoy
- 3x points in combined purchases on gas, groceries, and dining
- 2x points on all other purchases
- Automatic Silver status and get gold if you spend $35k+ on the card
- 15 Elite Night Credits each calendar year
- 1 Elite night for every $5k in purchases
- No fx fees
We have seen offers as high as 5 nights, up to 50k per night, for $5k spend in 3 months
We keep an up to date spreadsheet that lists what the highest offers: You can find that spreadsheet here.
Main Cast:
Cards that earn flexible points and should be used on the bulk of your purchases.
Supporting Cast:
Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on.
As I mention in many of my breakdowns for hotel cards…the annual anniversary night usually outweighs the annual fee.
For $95 a year, you’ll earn an anniversary night good at properties up to 35k a year. You can add 15k to these certificates as well, but keep in mind, this point range will probably be useful on road trips or nights near a hotel…not uber luxury properties.
You’ll also start get 15 elite nights per year which is fantastic if you’re chasing Marriott status.
First…check your Vacation Club Points Balance
You’ll see a calendar with varying dates corresponding to use years and banked years ( if you’ve banked in the past )
Pop open one of those menus
You’ll see your properties listed as well as any trust points you purchased and their corresponding expiration dates.
Here are the rules for banking points
There are currently 5 tiers of Marriott Vacation Club Ownership, and you need to realize that once you indicate you are banking, you will not be able to use those points until January 1st of the following year.
When you need to notify:
- 6 Months prior to the end of the use year
- The first 2 tiers of ownership, Owner and Select, must indicate to Marriott Vacation Club their intention to bank 6 months prior to the end of the year. That would be June 30th.
- 4 Months prior to the end of the use year
- The 3 top tiers, Executive/Presidential/Chairman’s Club must notify Marriott Vacation Club before August 30th
How long you will extend your points
- 12 months
- Owner, Select, Executive
- 18 months
- Presidential
- 24 months
- Chairman’s Club
-
Earn Marriott Perks
Non- Affiliate link
Information about this card has been collected independently by Monkey Miles. Card issuer is not responsible for the information or accuracy
Chase Marriott Bonvoy Boundless® Credit Card
4
4/5
Earn 15 elite nights every year you keep the card, Marriott Silver Status + an annual 35k point anniversary night.
Make sure you read the Marriott application rules as they can be tricky
Welcome Offer
Earn 3 Free Night Awards (each night valued up to 50,000 points) after $5k spend in 3 months
Annual Fee
$95
Points Earned
Marriott Bonvoy
- 3x points in combined purchases on gas, groceries, and dining
- 2x points on all other purchases
- Automatic Silver status and get gold if you spend $35k+ on the card
- 15 Elite Night Credits each calendar year
- 1 Elite night for every $5k in purchases
- No fx fees
We have seen offers as high as 5 nights, up to 50k per night, for $5k spend in 3 months
We keep an up to date spreadsheet that lists what the highest offers: You can find that spreadsheet here.
Main Cast:
Cards that earn flexible points and should be used on the bulk of your purchases.
Supporting Cast:
Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on.
As I mention in many of my breakdowns for hotel cards…the annual anniversary night usually outweighs the annual fee.
For $95 a year, you’ll earn an anniversary night good at properties up to 35k a year. You can add 15k to these certificates as well, but keep in mind, this point range will probably be useful on road trips or nights near a hotel…not uber luxury properties.
You’ll also start get 15 elite nights per year which is fantastic if you’re chasing Marriott status.
-
Earn Marriott Perks
Non- Affiliate link
Information about this card has been collected independently by Monkey Miles. Card issuer is not responsible for the information or accuracy
Chase Marriott Bonvoy Boundless® Credit Card
4
4/5
Earn 15 elite nights every year you keep the card, Marriott Silver Status + an annual 35k point anniversary night.
Make sure you read the Marriott application rules as they can be tricky
Welcome Offer
Earn 3 Free Night Awards (each night valued up to 50,000 points) after $5k spend in 3 months
Annual Fee
$95
Points Earned
Marriott Bonvoy
- 3x points in combined purchases on gas, groceries, and dining
- 2x points on all other purchases
- Automatic Silver status and get gold if you spend $35k+ on the card
- 15 Elite Night Credits each calendar year
- 1 Elite night for every $5k in purchases
- No fx fees
We have seen offers as high as 5 nights, up to 50k per night, for $5k spend in 3 months
We keep an up to date spreadsheet that lists what the highest offers: You can find that spreadsheet here.
Main Cast:
Cards that earn flexible points and should be used on the bulk of your purchases.
Supporting Cast:
Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on.
As I mention in many of my breakdowns for hotel cards…the annual anniversary night usually outweighs the annual fee.
For $95 a year, you’ll earn an anniversary night good at properties up to 35k a year. You can add 15k to these certificates as well, but keep in mind, this point range will probably be useful on road trips or nights near a hotel…not uber luxury properties.
You’ll also start get 15 elite nights per year which is fantastic if you’re chasing Marriott status.
- Earn Marriott Perks
Non- Affiliate link
Information about this card has been collected independently by Monkey Miles. Card issuer is not responsible for the information or accuracy
Chase Marriott Bonvoy Boundless® Credit Card
Earn 15 elite nights every year you keep the card, Marriott Silver Status + an annual 35k point anniversary night.
Make sure you read the Marriott application rules as they can be tricky
Welcome Offer
Earn 3 Free Night Awards (each night valued up to 50,000 points) after $5k spend in 3 months
Annual Fee
$95
Points Earned
Marriott Bonvoy
- 3x points in combined purchases on gas, groceries, and dining
- 2x points on all other purchases
- Automatic Silver status and get gold if you spend $35k+ on the card
- 15 Elite Night Credits each calendar year
- 1 Elite night for every $5k in purchases
- No fx fees
We have seen offers as high as 5 nights, up to 50k per night, for $5k spend in 3 months
We keep an up to date spreadsheet that lists what the highest offers: You can find that spreadsheet here.
Main Cast:
Cards that earn flexible points and should be used on the bulk of your purchases.
Supporting Cast:
Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on.
As I mention in many of my breakdowns for hotel cards…the annual anniversary night usually outweighs the annual fee.
For $95 a year, you’ll earn an anniversary night good at properties up to 35k a year. You can add 15k to these certificates as well, but keep in mind, this point range will probably be useful on road trips or nights near a hotel…not uber luxury properties.
You’ll also start get 15 elite nights per year which is fantastic if you’re chasing Marriott status.
You can bank online…
In much the same way as you found your balance…you can drop that menu down and select bank vacation club points.
You’ll then see a list of your properties and you can elect how many of the points you actually want to bank. Click bank points and a confirmation email will be sent to you.
You can use this VIP number to call in to bank 855-MVC-4VIP (855-682-4847)
Once you have done this, you’ll see that your points will change name in the account
How we extended our Banked points for an additional 18 months
We had a considerable amount of Banked points due to expire this July, and due to Covid, we were unable to use them. After phoning our Presidential line we were put on a brief hold and given the following option…extend the points for an additional 18 months with the following caveats
- They had to be used exclusively for Marriott Vacation Club properties
- They had to be booked within 120 days of arrival
You can see how they are now shown in our account.
Recap
If it’s looking as though you won’t have use for your Marriott Vacation Club points during their intended use year, banking can be a great way to extend the life of your points so they don’t go to waste. After you’ve banked, and have the option to prioritize your banked points so you make sure and use them up before using your next year’s points, or even combining them all together to enjoy a longer holiday.
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Chase Sapphire Preferred® Card
Welcome Offer
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
Annual Fee
$95
Points Earned
Transferrable Chase Ultimate Rewards
- 5x on all travel purchased through Chase Travel℠
- 3x on dining, including eligible delivery services for takeout & dining out
- 3x on select streaming services
- 3x on online grocery purchases
- (excluding Target, Walmart and wholesale clubs)
- $50 Annual Chase Travel Hotel Credit via Chase Travel℠
- The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
- 2x on all other travel
- 10% Anniversary Bonus
- Every year you keep the card, your total spend will yield a 10% points bonus. If you spend $10k in a year, you’ll get 1k bonus points
- Chase Sapphire Preferred continues to redeem at 1.25c in the Chase Travel℠ and the slew of other benefits remain in tact including Auto Rental Collision Damage Waiver ( primary ), purchase protections, etc.
- Points are transferrable to 14 Ultimate Rewards partners
- Redeem in Chase Travel℠ for 1.25 cents per point
- No foreign transaction fees
- Suite of Travel and Purchase Coverage
- Auto Rental Collision Damage Waiver is my favorite
- Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027.
- $95 Annual Fee
We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.
Historically 80k is a very, very good offer and hit in both 2022 and 2023. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back.
Main Cast:
Cards that earn flexible points and should be used on the bulk of your purchases.
Supporting Cast:
Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on.
The Chase Sapphire Preferred® is exceptional starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.
If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex® and Chase Freedom Unlimited® or the business versions: Ink Business Cash® , Ink Business Unlimited® you can combine the points into Preferred account and transfer into hotel and airline partners
Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.
The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved, or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.