AT&T, Verizon and Sprint also offer a free iPhone 7, but don’t get fooled, these are two year contracts deals
It usually takes some time to make a smartphone ready for sale after it’s been unveiled. However, in the case of high-end devices, manufacturers try to reduce that time to minimum so that potential buyers don’t have to squirm in anticipation after all the juicy details have been revealed. The iPhone 7 is no different. As promised, two days after its official presentation, the handset is available for pre-order and T-Mobile already announced that its subscribers will get the iPhone 7 for free. Today we learn that AT&T, Verizon and Sprint also offer a free iPhone 7, but don’t get fooled – these are two-year contracts deals.
AT&T, Verizon and Sprint follows T-Mobile and kick off pre-orders on iPhone 7 and offer the phone for free but you might want to think twice before you grab the device.
All these offers boil down to two main conditions – trade-in your current phone and stick with the carrier for 24 months. Then and only then, the iPhone 7 will be free, at least in theory. The phones that are eligible for the trade-in include the iPhone 6, 6 Plus, 6S and 6S Plus, though Sprint also accepts the Galaxy S7 and S7 Edge as does AT&T but only if you are DirecTV and U-Verse subscriber. The device doesn’t have to look like it’s never been used, but a cracked screen or water damage will disqualify it from the deal.
The carriers will give you up to $650 which is the price of a 32GB iPhone 7. If you want more storage or the iPhone 7 Plus model, you will obviously have to pay the difference. You will get those $650 in 24 credits which will be applied to your monthly bills which means that in order to get the full value, you will have bear with your carrier for at least 24 months. In some cases it may be longer, since for example Verizon customers will have to wait up to 3 months for the credits to start arriving. If you want out before 24 months are up, you will have to pay the remaining balance.
Are these deals as awesome as carriers are claiming they are? It depends on how bad you want the iPhone 7 and more importantly how long you want to keep it. If you don’t plan to get rid of it or say goodbye to your carrier for the next couple of years, then you should probably go for it – after all, it’s not every day that someone gives you $650. However, if next year’s iPhone 7S, which is expected to bring many important upgrades, seems too appealing to pass, then you might want to think twice before you take advantage of one of these deals.