We just returned from World Disney World and stayed at Bake Lake Tower via renting points. While we were there, we decided to purchase the Disney Vacation Club at the Villas at Disney'sGrand Californian Hotel and Spa with the August Use Year. We purchased 270 points at $95 (with $17 per point discount instead of taking a free cruise offer.) We also received points from 2009 and decided to bank the points thinking that we are not going on another vacation by August 2010. We don't receive our regular points until August 2010, but made a reservation for Febuary of 2011 (use of 112 points.) Since we banked our 2009, we didn't have any points available so we ended up borrowing the points. So my question is are those 112 points coming out from our banked 2009 points or our upcoming 2010 points? I'm planning on using some of my vacation points for friends' honeymoon in Cancun (using the RCI exchange) and wanted to know if I need to wait until August to use the banked 2009, or if I book it now and it's still going to come out of 2009 points. My assumption was that the points are taken out when you travel not when you make the reservation. I would appreciate any advice or answer to my a little complicated question. 
