Xbox Live Rewards has long been known as Microsoft’s way of treating gamers for their Xbox Store purchases, Xbox activity and more. Unfortunately, the program and its various quests and different types of currencies has always been quite complicated, and the final days of the program are finally here.

Indeed, Microsoft has updated the Xbox Live Rewards website today with a big pop up announcing the transition to Microsoft Rewards in June. Xbox Live Rewards is currently available in 17 markets, and the transition seems to be global: in addition to the US, we’ve seen this pop up in different locales today including Canada, France, Germany and the UK.

According to Microsoft’s FAQ, existing Xbox Live Rewards members won’t need to take any action, and they will automatically become switched to Microsoft Rewards membership by the end of June 2018. Additionally, any pending Rewards Credits (or May 2018 credits) left in an Xbox Live Rewards account will be converted to local currency and deposited into Microsoft accounts by the end of June. Members will have one year to spend that on digital items on the Microsoft Store.

Microsoft is also giving Xbox Live Rewards members who haven’t already joined Microsoft Rewards the option of opting out of the transition by June 15, 2018. Once opted-out, members will stop earning Xbox Live Rewards Credits immediately. The opt-out page is available here, but members should be aware that any pending Xbox Live Credits will not be forfeited, and will still be deposited into a Microsoft Account in the form of local currency. If Microsoft is unable to do this, the company will follow up and will help you fulfill undeposited credits.

The transition to Microsoft Rewards means that all Xbox Live Rewards activities and offers will be discontinued. Members will have until May 31, 2018, to earn MyVIP Gems and unlock any new MyVIP Perks, and until June 15, 2018 to claim any open Perks and Gems. After this date, unredeemed MyVIP Gems will be converted to Microsoft Rewards points at a rate of one MyVIP Gem to one Microsoft Rewards point.

Xbox Live Rewards members who managed to achieve MyVIP Star Ranks will get special benefits in Microsoft Rewards for a promotional period through December 31, 2018. Other notable timing for the transition period can be seen below:

May 31, 2018 23:59 UTC: All Xbox Live Rewards offers and missions end: the last day to earn Rewards Credits, make progress on your MyVIP Star Rank, earn your % back on purchases, earn MyVIP Gems, or unlock new MyVIP Perks

All Xbox Live Rewards offers and missions end: the last day to earn Rewards Credits, make progress on your MyVIP Star Rank, earn your % back on purchases, earn MyVIP Gems, or unlock new MyVIP Perks May 31, 2018 23:59 UTC: Last day to claim any special FREEdom Rewards tokens from the FREEdom Rewards page

Last day to claim any special FREEdom Rewards tokens from the FREEdom Rewards page June 15, 2018 23:59 UTC: Last day to claim any open MyVIP Perks, or redeem your unused MyVIP Gems for prizes from the MyVIP Vault

Last day to claim any open MyVIP Perks, or redeem your unused MyVIP Gems for prizes from the MyVIP Vault June 15, 2018 23:59 UTC: Last day to opt-out of Xbox Live Rewards if you don’t want to transition to Microsoft Rewards

Last day to opt-out of Xbox Live Rewards if you don’t want to transition to Microsoft Rewards By the end of June 2018: Deposit of pending Xbox Live Rewards Credits into your Microsoft account.

Deposit of pending Xbox Live Rewards Credits into your Microsoft account. By the end of June 2018: Xbox Live Rewards becomes Microsoft Rewards

As we last reported, Microsoft is showing a renewed interest in expanding their Rewards Program. It initially expanded to France, the UK, Germany, and Canada, later spread to Italy and recently made its way to 21 other countries. It never made sense for Microsoft to keep two rewards systems running, especially since Microsoft Rewards already covered all Xbox purchases. Do you think this consolidation is a good thing for consumers? Let us know below.

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