this post was submitted on 07 Jul 2023
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Microsoft Rewards
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That wording has not changed from the beginning. The conversion on a 'new' GPU from Gold is/was a special promo, and of late it has not been publicized at all.
Someone will have to try it to confirm if it is still live.
For those who might not know (and assuming the conversion would still work): If you have an existing GPU, you must let it lapse for at least 24 hrs before buying Gold and converting to GPU.