On the xBox 360, do you need xBox LIVE "GOLD" to redeem the points or do you just need xBox LIVE?
To redeem point on the Xbox 360 live, you need to have Xbox live. The Xbox Live service for the Xbox 360 has a feature to redeem codes for Microsoft Points or other downloadable files. The 25 character code must be entered into Xbox Live to add the points to your account. Read more from http://www.ehow.com/how_6677868_redeem-points-xbox-live.html#ixzz1uh0zz7DM.