Microsoft recently posted a new offer that seeks to sweeten the pot for customers interested in trying out the company’s Office 365 Home Premium subscription. Under the new promotional offer, users that purchase an annual Office 365 subscriptions will also receive a year of Xbox Live Gold for free. Not a bad deal, at all considering Office 365 Home Premium is $100 a year and Xbox Live Gold is $60 by itself.

The offer is eligible for customers in the United States who purchase a yearly subscription to Office 365 Home Premium. The promo runs from July 18, 2013 to September 28, 2013. That eligible version of Office 365 Home Premium normally includes a basic suite of Office applications for up to five PCs and five mobile devices, 20GB of additional SkyDrive storage, 60 Skype minutes (per month), and a web version of Office.

Office applications include:

  • Word 2013
  • Excel 2013
  • PowerPoint 2013
  • Outlook 2013
  • OneNote 2013
  • Access 2013
  • Publisher 2013

With the promo, users can get a year of XBL Gold as well. Once Office 365 has been purchased, users will need to activate the subscription and then log into Office.com/xbox (before October 31, 2013) with the same Microsoft account that purchased the subscription to get a code that can be redeemed on Xbox.com or the console itself for a year of XBL Gold which gives users access to streaming services and multi-player gaming for the company’s Xbox 360 (and presumably the upcoming Xbox One) gaming console.

To find the full list of terms and conditionss for the promo, head over to this FAQ page.