Over the past few years, we all have seen how quickly plans can change. Sometimes flexibility is needed when plans change. Luckily Marriott Vacation Club members have an easy way to cancel or modify their reservations without losing their Vacation points, if they are canceled at least 1 day prior to their reserved check-in day.
If you are a current or prospective Marriott Vacation Club member, you will want to familiarize yourself with Marriott Vacation Club’s cancellation policy to prevent forfeiture of your Abound Club points.
What Is A Holding Account?
Think of a Holding Account as a temporary “parking space” for Vacation Points from a Marriott Vacation Club reservation that was modified or canceled 60 days to 1 day prior to the reserved Check-In date.
Holding Account Restrictions
| OWNER up to 3,999 Club Points |
SELECT 4,000–6,999 Club Points |
EXECUTIVE 7,000–9,999 Club Points |
PRESIDENTIAL 10,000–14,999 Club Points |
CHAIRMAN’S CLUB 15,000–29,999 Club Points |
RESERVE* 30,000–49,999 Club Points |
PINNACLE* 50,000+ Club Points |
|
|---|---|---|---|---|---|---|---|
| Club Points in a Holding Account Club Points reservations canceled 60 days or less from the date of arrival will result in Club Points being returned to a holding account. Club Points in a holding account can only be used to confirm reservations a limited number of days before arrival. |
60 days | 60 days | 60 days | 60 days | 60 days | 90 days | 120 days |
Vacation Points in your Holding Account will be valid to book another reservation with, until the end of your Use Year, after which they will expire. You can use them the same as normal Vacation Points, except that reservations using Vacation Points that are in a holding account must be made within 60 to 120 days days before the new Check-In date, depending on your membership level. Also, you won’t be able to bank or borrow any vacation points that are kept in a Holding Account.
How Can Points in a Holding Account Be Used?
Not
Applicable
Points Can Be Used
Restrictions Apply
Points Can NOT Be Used
| Destinations | |
|---|---|
| Destinations Abound Resort Reservations | |
| Bank Points | |
| Borrow Points | |
| Transfer Points | |
| Destination Escapes | |
| Convert to Bonvoy (Trust Points Only) | |
| External Exchange | |
| II Exchange | |
| II Deposit | |
| Cruises, Hotels & More | |
| Hotels & Luxury Residences | |
| Resort Credit | |
| Ticket Credit | |
| Car Rental | |
| Cruises | |
| Airline Miles | |
| Vacation Homes | |
| Vacation Tours | |
| Golf Instruction or Rounds | |
| Travel Insurance | |
| Owner Exclusive Events | |
| Other Experiences | |
| Dine & Shop | |
Here is a summary of the usage restrictions of Vacation Points in a holding account. Vacation Points in a holding account:
- cannot be banked, borrowed or transferred
- cannot be exchanged for Bonvoy points
- cannot be used for Active Explorer Golf Certificates or the Marriott Golf Academy
- cannot be used to book airfare
- must be used by the end of the Use Year or they expire
Although there are restrictions for points in a holding account, you can still use your vacation points to:
- create a new reservation at Marriott Vacation Club Resorts during your current Use Year as long as the reservation is booked 60 or less days before the new Check-In date
- perform an Internal Exchange that is 60 days in advance or less
When Are My Marriott Vacation Points Placed In A Holding Account?
In the event that you are canceling within a range of 60 to 1 days prior to your reserved check-in date, any points used for the reservation will be placed into a holding account. If you are modifying a reservation 60 to 1 days prior to your reserved check-in date, any points not used for the new reservation will be put into a holding account.
You can see the various cancellation / modification deadlines in the chart below:
| Cancellation / Modification Date (prior to check-in) |
Penalty | Holding Account |
|---|---|---|
| 61+ Days | No penalty | No – points used for a cancelled reservation are returned to your account and any points not used for a reservation modification are returned to your account |
| 60 – 1 Days | No penalty | Yes – points used for a cancelled reservation will be put into a holding account and any points not used for a reservation modification will be put into a holding account |
| On Check-In Day | Forfeiture of all points |
All points used for the reservation are forfeited and are not returned |
How Do I Prevent My Vacation Points Being Placed In A Holding Account?
To avoid any of your Vacation Points being put into a holding account, simply cancel or modify your reservation 61 or more days prior to the check-in date. For a cancellation, all of the Vacation Points used for the cancelled reservation are returned to your account and can be used without any future restrictions. For a modification, any points not used for the new reservation are returned to your account and can be used without any future restrictions.
Can I Transfer Vacation Points In My Holding Account?
No, vacation points can be transferred from one Marriott Vacation Club account to another if the points are in a Holding Account.
Learn More About Marriott Vacation Club
We hope this article helped you learn everything you need to know about holding accounts. If you would like to learn more about owning Marriott timeshares, you can read our wide selection of Marriott Vacation Club ownership articles.
If you’re interested in buying Marriott Vacation Club points, and becoming an Abound member, you can save thousands by shopping from our current resale listings.
You can also explore our wide array of Marriott timeshare articles for more tips and tricks for making the most of your Marriott Vacation Club ownership.
