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Real Currency Instead of Xbox Points

Posted by JenThorpe at 3:45 PM on August 11, 2013

Xbox LogoThere is a change coming that will affect people who play games on Xbox. Soon, transactions on Xbox will use your local currency instead of Microsoft Points. The change will take place after the next Xbox 360 system update. Once that happens, the Microsoft Points system will be retired.

What if you currently have some Microsoft Points? You might want to spend them before the update hits. Microsoft explains what happens if you don’t spend them before that time on their announcement:

When you initiate a purchase or redeem a Points card or code with your Microsoft account after the next Xbox 360 system update, we’ll add to your account an amount of currency equal or greater than the Marketplace value of your Microsoft Points, and your Microsoft Points will be retired. The currency we add to your account at the time of the transaction will expire on June 1, 2015. However, the currency you purchase and add to your account after the transition will not expire.

Any Microsoft Points that you have earned through Xbox Live Rewards will still be in your Xbox Live account, for now. They will transition into your local currency when the Microsoft Points system retires. It is worth noting that you cannot get a cash payout of currency from your Microsoft account. You also cannot use your Microsoft Points to purchase an Xbox Live Gold Membership at this time.

7 Comments

  1. From QueenofHaiku at 3:46 pm on August 11, 2013

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  2. From NetChatTV at 4:09 pm on August 11, 2013

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  3. From GeekLifeNews at 5:03 pm on August 11, 2013

    Real Currency Instead of Xbox Points http://t.co/88GHvJDZKL

  4. From geekazine at 8:00 pm on August 11, 2013

    Real Currency Instead of Xbox Points http://t.co/dbCIqbZ38q #geek

  5. From TheTroyKing at 9:20 pm on August 11, 2013

    @GeekNews When I got the email, I thought it was scam spam. Guess it is legit. Is this a benefit for gamers?

  6. From JenThorpe at 1:19 am on August 12, 2013

    @TheTroyKing Whether the switch from Microsoft Points (or Xbox points) to real currency is a benefit for gamers is a matter of opinion. Some may see it as more convenient. Others may be disinterested in using real money to make purchases relating to Xbox games (etc).

  7. From thehovercam at 2:02 pm on August 12, 2013

    RT @geeknews Real Currency Instead of Xbox Points: There is a change coming that will affect people who … http://t.co/sOv141REag #geek