Yearly Xbox Live Gold subscription sale for $30 on Xbox Live NOW. 40% off!

Year of Xbox Live Gold for $30 deal artwork from Dashboard
Microsoft has a great yearly Xbox Live subscription sale on the Xbox Live Dashboard right now where you can save 40%!

The deal, in celebration of Halo Reach‘s release today, allows you to purchase a year of Xbox Live Gold for only $30. This is a great deal. You also get a Spartan helmet for your Avatar for taking the plunge.

It’s worth noting that you will be charged only AFTER your current subscription expires (at which point you’ll be billed the $30 for whatever debit or credit card you entered) and you MUST turn your current subscription’s automatic renewel off, or it will renew at the standard price. Either way you can’t beat this deal. Who knows how long it’ll last but it’s expected to be up until the end of the week. But I’d jump on it as fast as possible. You may have to browse around Xbox Live a bit before you see the ad deal pop up in the Spotlight section.

Here’s the official text:
Act Now: Get a 12-month Gold membership today for just $29.99. As an Xbox LIVE Gold member, access the best in gaming and entertainment. Enjoy playing games online with friends, video chat, and Gold-only discounts. Stream Netflix movies, tune into music from Last.fm, and connect with friends on Facebook and Twitter – right from your TV! For only $29.99 plus applicable taxes, your 12-month Xbox LIVE Gold Membership helps you get the most out of your Xbox experience. Your membership will automatically renew to a standard price annual membership at the then current price, unless you change your renewal or cancel before your membership ends. Pricing details can be viewed in the Account Management area of your gamer profile. For information about changing or canceling your membership and your membership refund policy, go to www.xbox.com/live/accounts.

Sadly for me I couldn’t get my credit card to take when trying to sign up for the deal . . . I was all set to buy two of them as well (one for me and one for my little brother’s 360). Hopefully it works when I try it out again later. Even though my current subscription is good through March 2011, it’d still be nice to know I’m set through 2012!