I think the OP means that they are making the ressie now (07 UY) but are concerned that it comes through now (before the 08 points kick in) then they would not have enough.
As one of the other posters said above, your points for 08 UY are there and since your ressie is in the UY 08 time period, you will be fine with no banking or borrowing needed, regardless of when your reservation comes through.
Hope that helps. Kath