The program is open to all all Xbox LIVE members, both paid and free although those with paid memberships such as Silver and Gold Xbox LIVE
Xbox LIVE Rewards Points are essentially the same as Microsoft Points. For those familiar with the Microsoft Points Rewards program you'll be right at home with the Xbox LIVE program. Points can be used to purchase anything you would normally buy with your Microsoft Points on Xbox LIVE Marketplace.
Gamers can earn Microsoft Points/Xbox LIVE Rewards by performing any of these activities outlined in the chart below.
The maximum number of Microsoft Points a participant can earn during a twelve (12) month period is fifteen thousand (15,000) and any Microsoft Points awarded during the Program Period must be redeemed by June 30, 2012. Any Microsoft Points remaining in an Enrollee's Account after the expiration period described above will be forfeited without compensation.
For more details checkout the Xbox LIVE Rewards FAQ and the Xbox LIVE Rewards Terms And Conditions.
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