We are new! We just signed and sent our papers in last week. Bought 450 points at SSR. I haven't made any plans yet and may even bank my points at 100% by September. My UY is April. I'm still trying to sort all of this out, because it was very last minute for us. I have four trips planned for the remainder of this year and really don't want to change my plans (all with a CM discount at non-DVC resorts, except BC next week--I didn't think I could get anything anyhow last minute). When can I make reservations? Do I have to wait until I close (Aug. 7th). Since we did not finance through Disney, it all seemed to go very easy. Closed on our equity loan on Friday. And actually I'm paying the balance over the next couple of weeks through my Disney Visa to earn reward points on my card. I'm still crunching the numbers, because if I bank all of my points, I will get another 450 in April, giving me 900....OK, that's a lot of points. We take 3-4 trips a year, so this should help. We are only 2, so don't need anything big, unless we take family, which we may do in May 06.