No, your Xbox Live Rewards membership will automatically become a Microsoft Rewards membership in June 2018.
If you are already a member of Microsoft Rewards, your Xbox Live Rewards membership will transition to your existing Microsoft Rewards membership in June 2018.
From Rewards Credits to My VIP, we've covered pretty much every topic in the FAQ.
But if your question hasn't been answered below, simply create a post in our Support Forum and we'll get back to you within three business days.
If you live in the United Kingdom, Xbox Live Rewards will soon become Microsoft Rewards.