I hate the way some of the language in the offer is kind of ambiguous. I have been with ATT well over a decade now with no plans to switch, so getting locked into the service for 30 months is no big deal for me. I would rather not get locked into the device though, or find it extra expensive to upgrade in a year or two. From the ATT trade in site:
- To get all the credits, the discounted device must remain on installment agreement and you must keep eligible service for entire installment term.
- If you cancel wireless service, your credits will end and you’ll owe the balance of up to $1600.
- If you cancel service on any other line on your account within 90 days of activating the line under this offer, device credits will stop.
- If you upgrade or pay up/off the installment agreement on the discounted device early, your credits may cease.
So if you cancel service early, you will definitely lose your monthly credits but if you pay off the device early, they "MAY" cease. May as in "might" or "could" but safe to assume they probably will. Are they wording it this way so they can potentially offer upgrade deals later? I seem to remember going through this a few years ago I think with the iPhone 7, when I continued getting monthly trade in credits even after I had traded the phone in for an upgrade. I mean technically if they offer you $XXX for a device, and then you give them the device, shouldn't they be obligated to give you the full $XXX? I'm confused or just way overthinking it as I tend to do.