Microsoft Points will convert to local currency at 'equal or greater'

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The Xbox ecosystem's conversion to local currency will be "equal or greater" than the existing Microsoft Point value currently banked on accounts.

"When the transition takes place, the balance of Microsoft Points in an account will be retired and the customer will be given an amount in local currency that is equal or greater in Marketplace value," a Microsoft spokesperson informed Joystiq. "That value will be stored in your account and can be used similar to Microsoft Points to make purchases in the Xbox Live Marketplace."

What that means in North America is that it will be 80 points (or less) to the dollar when the point exchange occurs. There is currently no official date for the conversion.

Posted:
Related Forum: Xbox Forum

Source: http://www.joystiq.com/2013/06/12/banked-microsoft-points-on-xbox-one-conversion/

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"Microsoft Points will convert to local currency at 'equal or greater'" :: Login/Create an Account :: 51 comments

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AdamuPosted:

Thats Good News Fore Once

EvoVIIIPosted:

I Think This Might Be Good.

SkreamiesPosted:

What people don't understand is that, now we are now paying more.

StonerzardPosted:

UNDERWORLDHYBRD i will only like this if u can buy pre paid cards like u can for psn cause i dont trust xbox enough to have my card tied to it


Yeah, I have to agree - especially in these upcoming months with the shift to the Xbox One, where security will slack on the 360

slapshot101Posted:

I think it would be better to just spend all your points now and don't worry about the exchange, because that means that the price of everything is going to go up also.

TaigaAisakaPosted:

Well I have around 2,000 unused MSP on my account from Bing Rewards. So I will wait and see how much I get for them all.

UNDERWORLDHYBRDPosted:

i will only like this if u can buy pre paid cards like u can for psn cause i dont trust xbox enough to have my card tied to it

MrOldGenerationPosted:

Now people will now how much money they're Actually wasting.

OasisPosted:

Wish I would have known before I spent them all up :/

ArmoredHazmatPosted:

Finally no more points! Just money money money


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