The holiday season is in full swing and whether you're in the market for a new console for a loved one (or yourself), Microsoft is bringing back its $50 discount on new Xbox One consoles for all to enjoy this holiday season.

Microsoft has announced that a price drop will be offered on all new Xbox One consoles and bundles for the holiday season, with the discount dropping the price down by $50 on all applicable consoles in stores and online, with consoles starting at $249.

The deal will apply to many of the consoles and bundles currently being offered by Microsoft, such as the 500GB Battlefield 1 or Minecraft bundles, or the 1TB Gears of War 4 bundle. Participating retailers for the deal include Amazon, Target, GameStop, Best Buy, Walmart, the Microsoft Store, and many more.

Microsoft's price drop on Xbox One consoles and bundles is currently in effect now through December 24th, 2016.