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Watch Your Microsoft Points During the Monetary Transition

One thing Microsoft announced at their E3 press conference was that they would be phasing out the use of Microsoft Points (MSP) currency for the Xbox Live Marketplace. This was met with many cheers, and many people, including myself, have assumed that the transition would be a seamless one. Microsoft has a system in place for the conversion of points, something those who funded points directly from their credit or debit cards have clearly seen. However, according to the Xbox FAQs that were recently posted about this upcoming transition, how they will be transitioning SOME OF THE POINTS is squirrelly at best.

Obviously, when the transition happens, some MSP cards will still be floating around retail stores. Should you purchase them? Are they any good? The answer is yes, and after you deposit them into your account, Microsoft will convert them and all will be well. The same can not be said for points you already have sitting in your account at the time of the transition.

The purchased funds you deposit into your account after the transition will not expire. However, the funds we deposit into your account at the time of the transition will expire one year from the deposit date.

If you have MSP saved up for a rainy day, know that you have one year from the time of transition to use them before they disappear forever. That's right; money you or loved ones have spent on these points will simply disappear in a year. There seems to be no explanation as to why these particular points are being singled out, whereas any points you deposit after the transition will be fine. One would think that it shouldn't matter, converted points are converted points, but it seems to matter to Microsoft.



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Reader Comments
lurkmurk Jun 12 2013, 07:34 pm EDT
Companies hate unspent points... according to accounting rules, they MUST show up on company financials as a liability on the balance sheet, which is never desirable. As a result, CFOs are constantly looking for ways and pressuring business leaders to get rid of those points... it's up to us to speak up for ourselves. Just another sign of MS acting like a public company and not giving a --- about its customers

I'm leaning towards our Japanese friends for this next console
Neil Jun 13 2013, 03:00 am EDT
Very clever (& cynical) move! So you have say $20 of points... So in the next year you don't want to lose them so spend $40 on a game... There! M$ have possibly helped convince you to buy something you otherwise wouldn't have... And even if you don't buy, you just hand then $20 for nothing anyway. Win win for them...

Christ I hope anyone with two or more brain cells to rub together jumps ship and gets a PS4.
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