Both AT&T and Verizon have now launched free iPhone 7 with trade-in promotions. T-Mobile was the first to launch a similar deal on Wednesday.
Here's a look at the offers...
VERIZON: 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.
AT&T: 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. ---
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Comments (9)
Comments are closed for this article.
0
joshWUa - September 11, 2016 at 1:16pm
Actually, T-Mobile started doing that since last year with jump on demand. Do your research before calling people names.
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Andrew - September 10, 2016 at 12:27am
The only way it's worth it is if you are not upgrading your next phone for 2 years. Then you take full advantage of the $650 credit (even though trading your current iPhone 6). If you decide to upgrade in one year, you only take half of the full credit.
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Onastvar - September 9, 2016 at 6:23pm
What's "really" free here?
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Nitro Junkie - September 10, 2016 at 12:02am
Ya doesn't it say the credits start after 2-3 billing cycles? So that probably means you have to cover the first few payments? They always make it too confusing.
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Darrin - September 9, 2016 at 5:51pm
Called Att and they have no clue what I'm talking about
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Iphone7plus'r - September 9, 2016 at 8:40pm
I went into the store today and got my 256gb black iPhone on order and my $650 trade in value. They are also doing a free iPad mini 2- have to pay for monthly LTE service.
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AverageReviewer - September 9, 2016 at 4:54pm
What if devices are only 50% paid off (such as my 6s) will have to look into it for Verizon
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Butterspider - September 9, 2016 at 5:35pm
Then you can't do the deal.
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Nitro Junkie - September 9, 2016 at 11:53pm
I think it's only for new customers or if your device is paid off already, not if you're still on the Verizon edge program and making payments. If you're coming from AT&T to Verizon or the other way, you would still have to pay off your device if you're still making payments. It's always in their favor somehow.