This content has been archived. It may no longer be relevant

For those Xbox fans out there this will probably not be new news to you all but I felt it worth sharing anyway.

If you’re like me and a cheapskate, always looking for a bargain or a freebie, then you probably joined Xbox Live Rewards, they gave you points for doing little things, like surveys or renewing your membership. Those points then get deposited into your account and you can spend them on cool things like DLC or ‘The Walking Dead: 400 Days’.

But with the news Microsoft is ditching the point system with the release of the Xbox One and switching to a currency format, the rewards system is having to change. You can read the information straight from the horses mouth below.

IMPORTANT ANNOUNCEMENT:

As you may have heard from the announcements at E3, major changes are coming to Xbox Live. One of these changes is the switch to local currency for purchases on Xbox. That means Microsoft Points will soon be retired and you’ll instead be able to use money to purchase content on Xbox (see Xbox.com Points FAQ for more info).

With all these changes, it’s become necessary for us to evolve the way we reward you. Starting 1 August 2013, you will not be able to earn Microsoft Points through Xbox Live Rewards any longer. Not to worry, though! Since this currency change is impacting the structure of the programme, we’re taking the opportunity to make Xbox Live Rewards even better. You’ll continue to get rewarded for doing the things you love on Xbox Live – just not with Microsoft Points. So come back to rewards.xbox.com on 1 September 2013 for the full scoop. You can also follow us at @XboxLiveRewards on Twitter for the latest updates.

Finally, despite the Microsoft Points changes, all your hard work will not go to waste. On 7 August 2013 we’ll deposit ALL your Pending Rewards Points into your account, even if you have less than 100. And if you still have Points in your Xbox account when Microsoft Points are retired, they’ll be transitioned into your country’s local currency. Your currency will be available for use at the Xbox Stores as usual. For more on the Points transition, see Xbox.com Points FAQ here.

So keep earning Microsoft Points with Xbox Live Rewards through 31 July 2013 – and stay tuned for exciting changes coming soon!

Source: Xbox Rewards