(Pocket-lint) - Microsoft is making big waves with the prices of its new consoles, the Xbox Series S and Series X, but you might not have realised that it offers an even more enticing way to get them without paying the full cost up-front.

With Xbox All Access, which includes Xbox Game Pass Ultimate, you can get your new console for a monthly fee and no upfront cost.

The scheme helps you finance Xbox hardware and plenty of the games for it, all for just that one monthly payment. It reminds us of how you'd buy a smartphone. Pocket-lint has combed through all the details to help you figure out exactly how Xbox All Access works. 

What is Xbox All Access?

Available through Microsoft Stores and a variety of retail partners, Xbox All Access enables you to purchase an Xbox console, be it the new machines or a current-gen Xbox One S, on a monthly plan with no upfront cost. And, after 24-months of payments, it's yours to keep.

It includes the console and Xbox Game Pass Ultimate - which includes more than 200 Xbox One, Xbox 360, original Xbox and, soon, Xbox Series X/S games to download and play at no extra cost. You also get access to more than 100 PC games, Xbox Live Gold for online play, Cloud Gaming to play games on an Android device and, from November, EA Play, which adds a stack of extra free games and trials.

How much is Xbox All Access?

  • $22.99 or £19.99 over 24-months (Xbox One S 1TB console, Xbox Game Pass Ultimate)
  • $24.99 or £20.99 over 24-months (Xbox Series S console, Xbox Game Pass Ultimate)
  • $34.99 or £28.99 over 24-months (Xbox Series X console, Xbox Game Pass Ultimate)

From £20.99/$24.99 per month, you can get a next generation machine - the Xbox Series S (usually £249/$299) - in addition to Xbox Game Pass Ultimate (usually £10.99/$14.99 per month). That means the deal is actually cheaper than buying the console then paying for the membership separately.

The Xbox Series X is available at £28.99/$34.99 per month, with Game Pass Ultimate.

There is no upfront cost, and the subscription period ends after 24 months. There is 0 per cent APR for those two years.

Do you get to keep the hardware?

Yes, after the 24-month subscription period ends, Xbox All Access subscribers get to keep their Xbox hardware.

How to sign up for Xbox All access

To sign up for Xbox All Access, you can visit different participating retailers in each country. For example:

A full list of retailers is available through Microsoft's dedicated online page linked here.

Microsoft said only “qualified customers” can take part, which means potential Xbox All Access subscribers will first need to pass a credit check. You'll immediately find out if you qualify.

Financing isn't handled by Microsoft. For example, it goes through Citizens One in the US and Klarna in the UK.

Preorders for both Xbox Series X and Series S are now open, so you can apply right now. Naturally, the Xbox One S is available to buy already.

Where is Xbox All Access available?

Xbox All Access is available in 12 countries, including the US, UK, Australia, and New Zealand.

Want to know more?

Check out Microsoft's FAQ page for more technical details.

Writing by Maggie Tillman and Max Freeman-Mills.