Featured Articles

LG G Watch R ships in two weeks

LG G Watch R ships in two weeks

The LG G Watch R, the first Android Wear watch with a truly round face, is coming soon and judging by…

More...
LG unveils NUCLUN big.LITTLE SoC

LG unveils NUCLUN big.LITTLE SoC

LG has officially announced its first smartphone SoC, the NUCLUN, formerly known as the Odin.

More...
Microsoft moves 2.4 million Xbox Ones

Microsoft moves 2.4 million Xbox Ones

Microsoft has announced that it move 2.4 million consoles in fiscal year 2015 Q1. The announcement came with the latest financial…

More...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
EVGA GTX 970 SC ACX 2.0 reviewed

EVGA GTX 970 SC ACX 2.0 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 12 June 2013 06:53

Microsoft Points will be converted to real currency

Written by David Stellmack

Transition will not start till Fall, but users are safe

Microsoft confirmed that the plan going forward is to phase out Microsoft Points and move to a real currency model. While Microsoft will start this transition this fall, those that have Microsoft Points should not feel rushed to spend them or use them, as Microsoft will credit existing points to your account with the equivalent real currency amount that is equal to or greater than the amount of Microsoft Points that you have.

In the short term, once the transition takes place users will still be able to redeem Microsoft Points cards; but these cards will be converted into real currency, which would then be deposited into your account. Microsoft Points are going away, but the good news is that Microsoft seems to have a good transition plan in place to take care of this.

Microsoft says that you should not fear redeeming those existing Microsoft Points cards that you might have hanging around, as you will not lose any value on these. Microsoft Points cards will be valid through 2014 and a short time after that. Once converted to currency, users will not be able to transfer the funds from Microsoft to a bank account or credit card.

blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments