The rewards can be as little as 10 MS points for renewing a single month of the Xbox live service rising to a whopping 400 MS points for buying or renewing a family gold membership. Users also get a nice welcome bonus of 100 Microsoft Points when they use the service for the first time to buy something.
Microsoft is also tantalising early adopters with ‘cool’ prizes when they agree to take part in new promotions or activities.
Other ways to earn points include completing monthly surveys (at 10 points each) and making purchases over the Xbox Live Marketplace, though point figures depend on the content obtained.
Straight points-for-cash exchanges are also available as well, with 1600 points being sold for $19.99 USD.
The rewards program is open to Xbox Live members in the United States and the United Kingdom. Participation in the program is not mandatory, but those interested must first connect their Xbox 360 to Xbox Live and click the “Join Xbox Live Rewards“. Xbox Live Rewards Expires June 2011