Microsoft 's plans to discontinue Points were confirmed during its E3 2013 media event focusing on the Xbox One , and took effect with the roll-out of an Xbox 360 software update on August 26 , 2013 . Users ' existing Microsoft Points were converted into a currency amount " equal to or greater than " their current Points balance . Currency gained from converted Points expired on June 1 , 2015
E3 2013
E3 2013
Microsoft Points