Posted: Jul 09 2014
by: Neal Haworth

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Microsoft Offering Xbox 360 Users $75 Promo Credit To Upgrade To Xbox One

Microsoft is reportedly offering select Xbox 360 users a $75 credit for upgrading to the Xbox One.

Upon powering up their Xbox 360 (assuming it's connected to the Internet), select users may notice a promotional message offering an "exclusive" $75 credit code with the purchase of an Xbox One or Xbox One Bundle from the Microsoft Store or your local retainer. The digital promotion code can be used to purchase games, add-ons, movies, music, and other media.

The sound of getting $75 bucks off the Xbox One -- which Microsoft has already slashed the price down to $399 (without the Kinect) -- might sound enticing; however, this doesn't mean you can purchase the Xbox One for $324. It only means Microsoft will give you a $75 credit after you purchase the Xbox One.

A representative for Microsoft released the following statement about its new $75 credit promotion:

"This short-term promotion is offered to select Xbox fans in the U.S., Canada and the U.K. We are always looking for opportunities to bring promotions like this to our customers, but we have nothing further to share at this time."

Unfortunately, this deal isn't available to all Xbox 360 users, and we still don't know how exactly Microsoft chooses which gamers receive the promotional offer. There's some belief that Microsoft is only offering the promotional credit to loyal Xbox 360 gamers, assuming they will share the news with friends and family. So if you don't see the promotional offer on your Xbox 360 dashboard, you're probably out of luck.

This move is just one of the many tactics Microsoft is using to try and win back the hearts, and pockets, of gamers. The company recently added nearly a dozen games to its Deals With Gold Promotion, with hit titles like Titanfall, Darksiders II, Portal 2, and Gears of War 3 available at a fraction of retail cost.

Both the Xbox One and PlayStation 4 launched last November. Since then, Microsoft has been slammed by gamers and tech industry analysts alike for According to a recent interview with Microsoft Corporate Vice President Phil Harrison, Sony has sold 9 million PlayStation 4 units, whereas Microsoft has sold just 5 million to date. This is in stark contrast to the release of the previous generation of video game consoles in which sales of the Xbox 360 and PlayStation 3 remained relatively even.

Note: after receiving the $75 promotional code credit, you will have one year to redeem it. Failing to redeem it within the period will result in expiration and forfeiture of the credit.

Would you upgrade to an Xbox One for a $75 credit?

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