BRIDGEWATER, NJ - NOVEMBER 23: General View of Xbox One Gaming Tournament at Bridgewater Commons Mall on November 23, 2013 in Bridgewater, New Jersey. (Photo by Michael N. Todaro/Getty Images for Microsoft)

Microsoft recently announced a major change to its online subscription. Starting in June, an Xbox Live Gold membership will no longer be required to access third-party apps like Hulu Plus and Netflix.

However, the new standard doesn’t do much good for the vast number of users who have paid $59.99 for an entire year of an Xbox Live Gold membership they no longer need. Luckily, Microsoft has offered these people a solution.

Once the new update goes live, Xbox Live Gold subscribers who want to cancel their subscription will receive a refund if they do so before the end of August.

“If you purchased a Gold membership before the changes to Gold are available in June you have until 31 August 2014 to cancel, and receive a pro-rata refund of any unused days remaining between the day that you cancel and the day that your paid Gold membership ends,” Microsoft writes on its Xbox FAQ.