1. AT&T Special Trade-In Offer: Monthly Price reflects net monthly payment, after application of AT&T trade-in credit up to $800 (for iPhone 12 or iPhone 12 Pro) or up to $700 (for iPhone 12 mini or iPhone 12 Pro Max) applied over 30 months after trade-in of eligible smartphone with min. $95 trade-in value. Requires upgrade of an existing line (or activation of a new line in stores) and purchase of a new iPhone 12 mini, iPhone 12, iPhone 12 Pro, or iPhone 12 Pro Max on qualifying 30 month 0% APR installment plan, subject to carrier credit qualification. If buying on the AT&T Installment Plan with Next Up, customer is responsible and will not receive any credits for an additional $5/mo. for the Next Up upgrade feature. $0 down for well-qualified customers only, or down payment may be required and depends on a variety of factors. Tax on full retail price due at sale. Requires activation on eligible unlimited plan (visit
att.com/plans/wireless for details). If you cancel wireless, credits will stop and you will owe the remaining device balance.
Activation/upgrade fee: $30. Must trade in eligible smartphone in good condition at a participating AT&T location within 30 days from activation of new phone. Trade-in device may not be on existing installment plan. See
att.com/tradein for terms and to check if your device is eligible. Bill credits are applied as a monthly credit over the 30-month installment plan. Credits start within 3 bills. Will receive catch-up credits once credits start. Wireless line must be on an installment agreement, active, and in good standing for 30 days to qualify. Installment agreement starts when device is shipped. To get all credits, device must remain on agreement for entire term and you must keep eligible service on device for entire installment term. Limits: One trade-in per purchase and one credit per line. May not be combinable with other offers, discounts or credits. Purchase, financing, other limits and restrictions apply.
That line of the terms comes right before 'must trade in eligible smartphone device'