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Players can begin the challenge through the Microsoft Rewards app on their Xbox One or Series X/S, and activating the punch card there.
From now until the end of May, any Gamerscore players earn will be paid back in Reward Points, up to a total of 10,000 Gamerscore.
Reward Points can be redeemed on the Microsoft Rewards website or app for a variety of gift cards or subscriptions.
If players get the full 10,000 Gamerscore by the end of May that would earn them enough Reward Points for a $10 Xbox gift card in the US (which costs 1000 points), a £5 Xbox gift card in the UK (6300 points) or a month of Game Pass for PC (6,800 points).
Rewards Points can also be redeemed for digital gift cards for a number of online stores and services including Hulu, Uber, Roblox, Skype, Walmart, Currys PC World or Ticketmaster.
North American residents can also currently put themselves in the running for a chance to win a ZOA Xbox Package, which includes one of its special edition Series X mini fridges and other items, through Microsoft Rewards.
Fans need to redeem their Microsoft Rewards points for an entry into the sweepstakes, which can be done directly on an Xbox console or via the Microsoft Rewards website.
This won’t be the only way to get an Xbox mini fridge, though – general manager of Xbox games marketing Aaron Greenberg stated last month that Microsoft will soon be producing and selling Xbox Series X mini fridges following a victory in a closely fought Twitter marketing poll against Skittles.