During their E3 media briefing, Microsoft announced the phasing out of Microsoft Points starting this fall. What they didn’t tell you, was that the Points, after being converted to real funds, will expire in a year. “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.”
It’s something a lot of people would surely like to know. While it’s hard to hang on to funds for that long, recent sales have helped bolster users accounts. There was recently a deal that allowed buyers to get 1200 Microsoft Points ($15) for only five dollars. Needless to say, it was a fire sale with some users stocking up over ten thousand Points.
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via Xbox.com