I called today to book my home resort for Dec. 2009. I have an August use year. They booked me and asked if I wanted 2008 UY points banked to cover that res, and did I want the rest of my 2008 points banked. I said I did not really understand what he was talking about and was that what I needed to do. I was under the impression that if I made a ressie before my banking deadline, the points would be applied even if the stay was after the deadline. Do you need to bank points when reserving?