Microsoft has recently announced that it will introduce the new Xbox Mastercard Credit Card soon.
According to the official Xbox Wire site, this no annual fee credit card is issued by Barclays and will be available starting on September 21, 2023 in the US. It will be offered to Xbox Insiders and next year for all Xbox players.
According to Corporate Vice President of Xbox Player Services Dave McCarthy, the Xbox Mastercard will allow its cardmembers to earn points with everyday purchases and then redeem the points on games and add-ons on the official website.
Players can earn card points for every $1 spent on purchasing which includes the following:
- Xbox & Microsoft – Earn 5x card points on eligible products at the Microsoft Store.
- Streaming Services – Earn 3x card points on eligible streaming services like Netflix and Disney+.
- Dining Delivery Services – Earn 3x card points on eligible dining delivery services like Grubhub and DoorDash.
- Everyday purchases – Earn 1x card points on all other everyday purchases.
Cardmembers will also get access to more benefits including:
- A bonus of 5,000 card points (a $50 value) after their first purchase.
- Three months of Xbox Game Pass Ultimate for new Game Pass members after their first purchase. If they’re already a Game Pass member, they can easily gift it to a friend to play together.
- Choice of one of five iconic designs for their card, with the option of personalizing it with their gamertag.
- Flexibility of use with contactless payments and digital wallets.
- Free online access to cardmembers’ FICO Credit Score, which allows users to keep an eye on their credit score and receive alerts when their score has changed.
- $0 Fraud Liability protection, so cardmembers are not responsible for charges they didn’t authorize.