It depends.
If your SSR and VB contracts have the same use year, and are under the same membership number, they will be treated as one contract at the 7 month window and the points won't have to be "transferred." You can not transfer points between contracts under the same membership number, and there would be no advantage to doing so, as transferred points are supposed to retain their orignal home resort and use year.
If your VB and SSR contracts are different use years, or under separate membership numbers, then yes, it would use up your transfer for the year.