Microsoft Points have had a good run as they have been in place on the Xbox Marketplace since the launch of the Xbox 360 but Microsoft has now officially retired them via an Xbox 360 system update that is currently being rolled out worldwide. Everything that you would normally find on the Xbox Marketplace such as DLC, avatar items and Games on Demand titles are now priced in the local currency instead of Microsoft Points.
Any existing Microsoft Points that you have on your account will be converted into your local currency when you next buy something or redeem an MS Points card that is equal to or slightly more than your Points’ original worth. For example, in the UK, 800 MSP converts to £6.80, 1200 MSP to £10.20. Should you buy any MS Points cards or acquire any codes now then they will be converted into your relevant currency but you must use them within a year, according to Eurogamer.
Microsoft will now be selling voucher cards in real-world currency amounts so if you liked MS Points cards because you didn’t have to register your credit card details with your account then you don’t have to worry at all, as you can continue to operate that way.