Damnlag
Well-Known Member

Just received an email from the Rewards team at Xbox with an announcement on what's happening with the Xbox Rewards program now that the Microsoft Points are being eliminated from the marketplace system and replaced with actual currency prices.
Starting August 1st, 2013, you will not be able to earn Microsoft Points through Xbox LIVE Rewards any longer. At this time it is unclear what they will reward people with, but they specifically state that its not going anywhere. They're taking the opportunity to make Xbox LIVE Rewards even better. You'll continue to get rewarded for doing the things you love on Xbox LIVE - just not with Microsoft Points.
They will reveal the new loot on September 1, 2013 on rewards.xbox.com. You can also follow @XboxLiveRewards on twitter for the latest updates.
Finally, despite the Microsoft Points changes, all your hard work will not go to waste. On August 7, 2013 they'll deposit ALL your Pending Rewards Points into your account, even if you have less than 100. And if you still have Points in your Xbox account when Microsoft Points are retired, they'll be transitioned into your country's local currency. Your currency will be available for use at the Xbox Stores as usual. For more on the Points transition, see Xbox.com Points FAQ here.