Xbox All Access has been announced

Update: Microsoft has official launched its website page for Xbox All Access. Those wishing to purchase a bundle will need to do so at a Microsoft Store, and will need to sign up for a Dell Preferred Account in order to see if they qualify to finance.

Original: Xbox All Access’ official announcement appears to have gone live a tad earlier than intended. Though an article did pop up on Xbox Wire that revealed the rumored service, the news post has since been taken down. But this is the internet, so nothing’s ever really deleted (via VentureBeat).

As earlier reports suggested, players will indeed be able to finance a console, Xbox Live Gold, and Xbox Game Pass over a 2-year period for a low monthly fee. Plans for those wishing to finance an Xbox One S will cost $22/month, while those looking to snag an Xbox One X will have to pay $35/month.

“For no upfront cost and one low monthly price for 24 months, Xbox All Access gets you a new Xbox One S or Xbox One X, access to more than 100 great games through Xbox Game Pass, and online multiplayer with Xbox Live Gold,” Xbox product marketing boss Bogdan Bilan said. “That’s more than 100 all-you-can-play games — including highly-anticipated new Xbox One exclusives the day they’re released, plus more games added all the time on  the fastest, most reliable gaming network and an Xbox One console.”

Once the 2-year contract period is over, you will own the console forever. However, if you suddenly want to cancel your contract before the 2-year period is over, you’ll need to pay the remaining cost of the hardware.

Microsoft is currently offering it for a limited time to qualified customers in the United States, according to VentureBeat. Since Microsoft’s post has been taken down, we can’t detail what exactly this means.

We’ll update this story once Microsoft’s announcement goes live again.