Press the "x" on your controller go to the leftmost blade and it will say redeem code, enter the code there.
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you select what you want and then click the get now or get it now icon and the redeem your points.
I need microsoft points really bad and how to get 10,000 microsoft points
Microsoft Points (MSPs or MSPoints) are the currency of the Xbox Live Marketplace, Games for Windows - Live Marketplace, Windows Live Gallery, and Zune online stores. The points allow users to purchase content without a credit card and to reduce the number of small credit card transaction fees, which Microsoft would otherwise pay. Some downloads on the Xbox Live Marketplace are free, but most other downloads, such as full versions of arcade games and downloadable content for some games, cost Microsoft Points.The most common amounts of Microsoft Points that you can purchase or redeem are 400, 800,1600, and 4000MSPs.
You can redeem them at the Sony Rewards site. A change in the acquisition and use of these points is being made in September, 2014.
I dont know about the 15$ one but 10$ is 5,000 gold points once you redeem it