Reward Credits still haven’t been transferred to local currency

Discus and support Reward Credits still haven’t been transferred to local currency in XBoX Rewards & Social to solve the problem; A few weeks ago I converted Gems to Reward Credits, and I’ve been waiting about two weeks now for those credits to become local currency. From what I... Discussion in 'XBoX Rewards & Social' started by BionicFreak, May 30, 2018.

  1. BionicFreak
    BionicFreak Guest

    Reward Credits still haven’t been transferred to local currency


    A few weeks ago I converted Gems to Reward Credits, and I’ve been waiting about two weeks now for those credits to become local currency. From what I understand, you have to wait til the 15th or 30th of the month in order to receive your reward money. It
    is now the 30th and I’ve yet to receive any money. According to a Microsoft employee, if you received reward credits on the first half of the month (which I did), then you’d get money on the 30th of that month, but I still haven’t gotten anything.

    :)
     
    BionicFreak, May 30, 2018
    #1
  2. No deposit request button

    I have had over 10,000 rewards credits since early last month, yet they still haven't been transferred to my local currency. There is no request deposit button under my rewards balance either. Is there any way to fix this so I can use those credits?
     
    Uncle Loudmouth, May 30, 2018
    #2
  3. BionicFreak
    BionicFreak Guest
    Today is the 30th why haven’t my reward credits been transferred into money yet?

    A few weeks ago I converted Gems to Reward Credits, and I’ve been waiting about two weeks now for those credits to become local currency. From what I understand, you have to wait til the 15th or 30th of the month in order to receive your reward money. It
    is now the 30th and I’ve yet to receive any money. According to a Microsoft employee, if you received reward credits on the first half of the month (which I did), then you’d get money on the 30th of that month, but I still haven’t gotten anything.
     
    BionicFreak, May 30, 2018
    #3
  4. XBLRewards8
    XBLRewards8 Guest

    Reward Credits still haven’t been transferred to local currency

    Hello,

    From the FAQ on Vault Credits:

    I claimed Rewards Credits from the vault. When will I receive them?

    If you claim Rewards Credits from the MyVIP Vault, they should appear as pending in your account within 96 hours. Once they are pending in your account, the normal deposit process kicks in. Generally if you have over 5,000 Rewards Credits pending in your
    account in the first half of any given month, that amount will be converted to your local currency and deposited into your Microsoft account on or around the 30th of that same month. If the Credits show as pending in the second half of the month, that amount
    will be deposited into your Microsoft account on or around the 15th of the next month.


    Please note you need at least 5,000 Rewards Credits pending to automatically trigger a deposit, though you can request a deposit for the next scheduled date as long as you have 1,000 Credits pending. Also, if you have ongoing issues with us depositing
    into your account, such as your account not matching up with your billing location, you might want to consider choosing a different prize from the vault, as we won’t be able to deliver your Rewards Credits until the deposit issue is resolved.
     
    XBLRewards8, May 30, 2018
    #4
  5. XBLRewards8 Win User

    Reward Credits still haven’t been transferred to local currency

    Hello,

    From the FAQ on Vault Credits:

    I claimed Rewards Credits from the vault. When will I receive them?

    If you claim Rewards Credits from the MyVIP Vault, they should appear as pending in your account within 96 hours. Once they are pending in your account, the normal deposit process kicks in. Generally if you have over 5,000 Rewards Credits pending in your
    account in the first half of any given month, that amount will be converted to your local currency and deposited into your Microsoft account on or around the 30th of that same month. If the Credits show as pending in the second half of the month, that amount
    will be deposited into your Microsoft account on or around the 15th of the next month.


    Please note you need at least 5,000 Rewards Credits pending to automatically trigger a deposit, though you can request a deposit for the next scheduled date as long as you have 1,000 Credits pending. Also, if you have ongoing issues with us depositing
    into your account, such as your account not matching up with your billing location, you might want to consider choosing a different prize from the vault, as we won’t be able to deliver your Rewards Credits until the deposit issue is resolved.
  6. XBLRewards8 Win User

    Reward Credits to Local Currency

    Hey BionicFreak,

    We responded to your earlier post at (http://forums.xbox.com/en-US/thread/e7789671-f311-4f66-b2e4-094347887ce6). Also, one more thing that you may be unaware
    of is you can see a record of your Credits on the MyRewards page in the MyStatement section. Note that this is not an error that needs to be fixed, and as explained in that post (and the FAQ entry that has been posted there) this is standard deposit procedure.
    At the current time, we do not see any issue on your account. Hope this clears up any confusion!
  7. Smwutches Win User

    Still no transfer in local currency

    Keep in mind that credits are deposited based on when you get to 5,000 pending. If you get to 5,000 between the 1st and 15th, they are deposited at the end of the month. If you get to 5,000 between the 15th and 30th, they are deposited by the 15th of the
    next month. So if you got those credits in the last half of May, they would be scheduled to deposit in the next few days.
  8. XBLRewards8 Win User

    Still no transfer in local currency

    Hello,

    From the previously available FAQ on Vault Credits:

    I claimed Rewards Credits from the vault. When will I receive them?

    If you claim Rewards Credits from the MyVIP Vault, they should appear as pending in your account within 96 hours. Once they are pending in your account, the normal deposit process kicks in. Generally if you have over 5,000 Rewards Credits pending in your
    account in the first half of any given month, that amount will be converted to your local currency and deposited into your Microsoft account on or around the 30th of that same month. If the Credits show as pending in the second half of the month, that amount
    will be deposited into your Microsoft account on or around the 15th of the next month.


    Please note you need at least 5,000 Rewards Credits pending to automatically trigger a deposit, though you can request a deposit for the next scheduled date as long as you have 1,000 Credits pending. Also, if you have ongoing issues with us depositing
    into your account, such as your account not matching up with your billing location, you might want to consider choosing a different prize from the vault, as we won’t be able to deliver your Rewards Credits until the deposit issue is resolved.


    You can review when your Credits were pending, as well as when you had 5000 pending, on the MyStatement on the MyRewards page.
  9. Smwutches Win User

    XBOX rewards not transferred across to Microsoft rewards?

    If you mean the gems, they would have been transferred at a rate of 1:1. So 1 gem would be equal to 1 Microsoft point.

    Rewards credits should have been deposited into your Microsoft account balance as currency. 1,000 credits was equal to £0.80

    If your credits and gems were supposed to transfer at the end of June, there was an issue and that transfer will happen by the end of July.
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Reward Credits still haven’t been transferred to local currency

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