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Microsoft to unveil next generation of Xbox Live Rewards on 1st September

No more Microsoft Point payouts from 1st August

Microsoft will bench the Xbox Live Rewards scheme in August while it completes Xbox Live's transition from Microsoft Points to real-world money, according to an email picked up by Stevivor.

"With all these changes, it's become necessary for us to evolve the way we reward you. Starting August 1, 2013, you will not be able to earn Microsoft Points through Xbox Live Rewards any longer," the email reads.

"Not to worry, though! Since this currency change is impacting the structure of the program, we're taking the opportunity to make Xbox Live Rewards even better," it goes on. "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 September 1, 2013 for the full scoop. You can also follow us at @XboxLiveRewards on Twitter for the latest updates."

Zoom

Is it too much to hope that not being rewarded with Microsoft Points equals being rewarded with real money? Time will tell. Here's a relevant excerpt from Microsoft's FAQ on the currency transition.

"Microsoft Points that you've earned through Xbox Live Rewards will remain in your Xbox Live account and will transition to your local currency with the rest of your Microsoft Points. Prior to the transition, all your earned Pending Points will be added to your account.

"Any Microsoft Points you received as part of Xbox Live Rewards, promotions, or contests will retain their same expiration dates after your account transitions. Be sure to stay up to date with all the latest Xbox Live Rewards news at Xbox LIVE Rewards or by following @XboxLIVErewards on Twitter."

Microsoft provoked uproar yesterday thanks to an Xbox Live dashboard update beta glitch, which caused Xbox Live prices to rise. Those affected will be refunded the difference between the correct and incorrect prices.

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