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MICROSOFT SCREWS XBOX PLAYERS OUT OF MONEY

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SunflowerGames
The most beautiful user on RMN!
13323
So remember when Microsoft changed MS points for real currency? Well apparently that currency was changed into promotional currency and had a deadline to use. I know Microsoft sent me an e-mail about it a couple years ago and I'm like whatever... (I didn't see the small print. I actually didn't even own an Xbox any more.)

Well I don't read my e-mail very often but I got an e-mail a month ago when I checked today telling me I had to December 1 to use my money. I'm like... WTF?! are you talking about? (Could have certainly sent some more e-mails much earlier.)

Not that it would have mattered. Yes, you can use this currency in the windows store, which was what I was thinking of doing. But I found out some very interesting information. In order to properly convert your MS points to real currency you need to actually log into your Xbox! (What if you sold it?!)

So there's a number of problems here:

I gave Microsoft money for points. They took the points away and gave me fair market value in currency. So far so good. Not to shabby. Ohhh... It has an expiry date. Did MS points have an expiry date? If not then this seems borderline illegal. I should also be able to have no issues with using this money in the windows store without the need to "convert it" before hand.

Bill Gates you owe me 17 dollars and a handful of change. I want it back!

Mirak
Stand back. Artist at work. I paint with enthusiasm if not with talent.
9300
This post turned so whimsical in nature in the end that i thought for a sec i was in welp huehuehue

For real though, if they did warn you beforehand and you ignored the email or didn't read it carefully then i don't see how they're screwing anyone, i don't know how it works on all the newest consoles but not many services let you convert their imaginary currency back to real money. Of course there'd be a catch or they wouldn't profit.
Imaginary currency is so annoying. Common practice I think is to sell the currency in batches and then sell stuff on their store so you always end up with like 50 or of Imaginary Currency that can't be spent on anything.

I mean in the end I think it probably isn't illegal because you bought the Premium Points. That you didn't spend them before the service went down is entirely your own fault. I hope I'll notice before my World of Tanks gold disappear. Or my Steam Wallet money... I think I already missed out on some BluePoints from Gamersgate because they apparently only lasted a year. Though I haven't checked to see if they are still there.
I have like 3800 cartel coins in SWTOR. I haven't logged in in a year. I wonder if I still have them...

It's a kind of skeezy practice, mind.

Never buy anything you can't pay with exact real money. Fuck intermediary "currencies" because they exist solely to fuck you over with unspendable off-values and expiration dates. Similarly screw gift cards. More places should have it illegal for funny money to expire, where I live gift cards can't and it's been an occasional small blessing.
I always hated MSP, because you could never just buy something for its purchase price. You'd have to buy more points than you needed, then you'd always have a bunch of useless points floating around (you could never buy anything for less than 400).

Sorry about your 17 dollars, but if I know Microsoft, you're probably never going to see it again.
Luckily I was into indie games back then and indie games could get as cheap as 80 MSP.

I think I only had 80 MSP left when I stopped using Xbox360.
Backwards_Cowboy
owned a Vita and WiiU. I know failure
1737
Any company that doesn't let you just pay with a credit card/PayPal isn't a company worth buying things from. I know Sony and Nintendo let you pay the exact value in their stores, which is actually a key reason I never bought a Microsoft console or used any of their services aside from registering Steam games like GTA IV.

Regarding the OP, I took contract law during my Sophomore year of college and can most definitely say that what Microsoft is doing is 100% legal. Generally, a company only needs to inform you of the end- or change- of a service 30-90 days before it shuts down, changes, or wipes itself out entirely, with the exact amount of time varying depending on the type of service. When you purchased the currency, there was likely a bit about it being non-refundable the moment you bought it (unless it was proven to be purchased with a stolen credit card), and as you mentioned you have received a couple emails about it. While it might not seem fair, it's completely legal to do, especially since their services are optional.
SunflowerGames
The most beautiful user on RMN!
13323

Wouldn't that law change on a country to country basis? Unless the terms of use state you need to follow USA law. It's really my fault for not checking my e-mail, but I did read that you could only initiate the conversion my turning on your console. If that is actually true then no amount of time would matter if you on longer owned the console. This portion of the issue may be illegal considering they say you can use MS points for computer software as well.

On a slight tangent, is anyone watching what is happening in India, where they just banned the top two denominations of their currency?
http://money.cnn.com/2016/11/18/news/india/india-cash-ban-explainer/
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