from Kotaku

Microsoft is slipping Xbox Live subscribers a little surprise Christmas present. At 3 p.m. PT, Microsoft will unveil the Xbox Live Diamond Card. The card gives Xbox Live paid subscribers exclusive benefits and discounts from stores, restaurants and retailers. The card is personalized with your Gamertag and is, wait for it, absofrigginlutely free to all paid Xbox Live subscribers who have subscribed or pre-paid for at least a one year account on the 360 or Xbox Old Skool.

Some of the retailers participating include Ticketmaster, Cambridge Soundworks, Timberland and McDonald’s.