Microsoft launches new Xbox MasterCard credit card, allowing American players to redeem points for various games

Microsoft has announced it will launch its first Xbox credit card later this month, the first since more than a decade ago. The credit card will be available exclusively to Xbox Insiders in the U.S., with plans to open it to other players in 2024

The Xbox Mastercard is issued by Barclays and has no annual fee and APRs ranging from 20.99% to 31.99% No wait. According to reports, every $1 spent using the card will earn you one card point, which can be redeemed for Xbox games and various additional content.

Dave McCarthy, chief vice president of player services at Xbox, explained: “Players can use the Xbox Mastercard to earn card points on everyday purchases and spend on xbox.com Redeem for games and add-ons", "The Xbox Mastercard will be available exclusively to Xbox Insiders in the US starting September 21, and to all Xbox players in all 50 states in 2024."

With the Xbox Mastercard, players can earn card points for every $1 spent on:

• Xbox and Microsoft – at Microsoft Store earns 5x card points on eligible purchases.

• You can earn 3x the card points on qualifying streaming services like Netflix and Disney

• Use qualifying offers You can earn triple card points on food services like Grubhub and DoorDash

• Everyday purchases – Earn 1x card points on all other daily purchases.

Card members will also receive additional benefits, including:

• Receive 5,000 card points (valued at $50) with purchase

• New Game Pass members can enjoy three months of Xbox Game Pass Ultimate after their first purchase. If they are already a Game Pass member they can also give it to a friend to play with.

• Players can choose one of five iconic designs and can also personalize it with a codename

• # Supports the use of contactless payments and digital wallets.

• With free online access to cardmembers’ FICO credit scores, users can keep tabs on their credit scores and receive alerts when their scores change.

• 0 USD fraud liability protection so cardholders are not responsible for charges they did not authorize.

This site’s inquiry found that Microsoft once provided a free Xbox Live Diamond membership card to Xbox Live subscribers in 2005, which can be used to enjoy discounts at supported retailers.

In addition, Sony also has its own PlayStation Credit Card, whose points-based system can be redeemed for games, movies, electronic products and other rights.

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