Here's a look at the offers...
Trade in and get iPhone 7 for $0. Up to $650 savings.
Here’s how to get your iPhone 7 for $0:
1. Buy a new iPhone 7 or iPhone 7 Plus with monthly device payments.
2. During checkout, select the option to trade in your old device, or if you wish to trade in your device at a later time, log in to My Verizon and select “trade in old device.”
3. After you have completed your trade-in appraisal, you will receive a box to return your old device.
Your savings will be credited to your account as recurring payments over 24 months beginning within 2-3 cycles. iPhone 6, iPhone 6s and iPhone 6s Plus are eligible for promotional value of $650.
$649.99 on device payment req'd. Less $650 trade-in credit, ends when balance paid; 0% APR. Line must be active for 2 yrs for full credit. Trade-in must be in good working & cosmetic condition.
Trade-in an eligible iPhone 6 and get a Free iPhone 7 32 GB.*
When you buy on AT&T Next® w/ qual. wireless svc (min. $50/mo.) Free after $650 in monthly bill credits. Tax due at sale. *Ltd time offer (Ends 9/30/16 in PR). Priced $650. Req’s well-qual. credit and 0% APR 30-mo. $21.67/mo. agmt. Up to 3-mo. due before credits start. If svc canceled, device balance is due. Activ., other charges & restr’s apply. Void in CT, RI, & Miami-Dade.
Here is the fine print...
FREE IPHONE 7 32 GB OFFER: Ltd time (ends 9/30/16 in Puerto Rico). Select stores & online. Not an AT&T Next upgrade offer. Void in CT, RI, Miami-Dade. Elig. iPhone 7: New iPhone 7 or 7 Plus on 0% APR AT&T Next (30-mo.) or AT&T Next Every Year (24-mo.) installment agmt. Retail price is divided into monthly installments. Tax on full retail price due at sale. After all credits, get iPhone 7 32GB priced $650 ($21.67 or $27.09/mo.) for free. May apply max credit towards other eligible iPhones priced up to $970, which will be discounted but not free. Wireless: Monthly postpaid voice & data req’d (existing customers can add to elig. current plans). Elig. Trade-in: Must use the AT&T trade-in program in an eligible store or online. Must trade-in an iPhone 6, 6 Plus, 6s, 6s Plus in good working condition that is fully-paid off. In some stores will need to trade-in and make new purchase in same transaction. If your iPhone is being shipped, you will receive an email with instructions on how to complete your promo trade-in. Must complete trade-in w/in 30 days of new iPhone activation. Bill Credit: Must have completed trade-in for credits to start. Credits applied in equal amounts towards installment pymts over entire agmt term. Svc must remain active & in good standing and device must remain on its agmt for entire term to get all credits (if cancel svc you will owe remaining installment balance of up to $970). If upgrade or pay up/off agmt early your credits may cease. Offer Limits: Not combinable with bill credit, switcher, or other discounts on the iPhone offers. Return: Restocking fee up to $45 may apply.
GEN. WIRELESS SERVICE: Subj. to Wireless Customer Agmt (att.com/wca). Deposit: may apply. Device Limits: Purch. limits apply. Credit approval, taxes, activation/upgrade (up to $20) fees, monthly, other charges, usage, speed, coverage & other restrs apply. Promotion, terms, & restr’s subject to change & may be modified or terminated at any time without notice.