Iphone Deposit

Discussion in 'iPhone' started by fenderbass146, Jul 7, 2009.

  1. fenderbass146 macrumors 65816

    fenderbass146

    Joined:
    Mar 11, 2009
    Location:
    Northwest Indiana
    #1
    I had to put down a $150 dollar deposit at best buy to get my iphone, when can i get this back and how do I go about doing that?
     
  2. GoCubsGo macrumors Nehalem

    GoCubsGo

    Joined:
    Feb 19, 2005
    #2
    That is a question only AT&T can answer for you. Answers here will be speculation, sarcasm, and stories of "well when it was me".
     
  3. scaredpoet macrumors 604

    scaredpoet

    Joined:
    Apr 6, 2007
    #3
    You get it back by making on-time, in-full payments of your phone bill for 12 consecutive months. No late payments. No partial payments. Miss a payment by a day, or carry a balance of any amount beyond your payment due date, and the clock will start again at zero. So it's in your best interests to pay the bill on time and in in full, every time.

    Once that happens, the deposit should be returned to you.

    It's that simple. No speculation, sarcasm or stories. ;)
     
  4. freediverdude macrumors 6502a

    Joined:
    Dec 26, 2006
    #4
    If this deposit was mandated by AT&T, you'll get it back in probably 11 months if you pay your bill on time each month. I had to pay a deposit when I purchased the 3G last year on launch day, and this year right before the launch of the 3GS I received a check in the mail from AT&T refunding it.
     
  5. sms0217ny macrumors regular

    Joined:
    Jul 15, 2008
    #5
    I put down a $250 deposit last year to get my 3G and just got a check in the mail yesterday for my deposit from AT&T. Make sure that you pay all your bills on time for the year and you should get a check in a mail in a year with the deposit.
     
  6. fenderbass146 thread starter macrumors 65816

    fenderbass146

    Joined:
    Mar 11, 2009
    Location:
    Northwest Indiana
    #6
    Thanks that is what I was looking for.
     
  7. Trix macrumors member

    Trix

    Joined:
    Feb 12, 2009
    #7
    So if you're 18 years old and have little to no credit, you pay a deposit up front to get the iPhone, correct?

    This is as I understand it based on what a deposit really is..
     
  8. GoCubsGo macrumors Nehalem

    GoCubsGo

    Joined:
    Feb 19, 2005
    #8
    Yes but you can be 40 with sh*tty credit and still need to pay a deposit.
    Age is not really the factor so much as the credit history of lack thereof is.
     
  9. yum114 macrumors member

    Joined:
    Jun 27, 2009
    #9
    must be nice for you all. I had to pay 2 $500 deposits plus the price of the 2 phones when I bought 2 iphones last year. I think its messed up they make you pay however many depoists as phones u have. I think it should be one contract per name one deposit per name, not per phone :(
     
  10. MavsX macrumors member

    MavsX

    Joined:
    Jun 18, 2009
  11. agkm800 macrumors 6502a

    agkm800

    Joined:
    Jun 18, 2009
    #11
    Well, one security deposit per one subsidy is fair.

    However, I think $500 deposit is just too high even if you have a horrible credit. IMO, $200/$300 iPhone price + another $300 security deposit should do.
     
  12. TB07-NJ macrumors 68020

    Joined:
    Jul 7, 2008
    Location:
    US of A
    #12
    If they asked for a $500 deposit (X2 !!!!!) what they were really saying was "We REALLY do not want you as a customer but if you're dumb enough to come up with a $1000 depost for 2 stinkin' cell phones I guess we'll have to give it to you."
     
  13. yum114 macrumors member

    Joined:
    Jun 27, 2009
    #13
    ha! Thats was with my ladies credit. When they ran my info they wanted a $700 deposit per phone thats not including phone costs
     
  14. Blueravr macrumors member

    Joined:
    May 18, 2008
    #14
    then you do not need the phone. You need to work on your credit instead.
     
  15. Odid macrumors regular

    Joined:
    Oct 15, 2008
    #15
    Well that's great and all but I didn't have credit at the time I bought my phone.
     
  16. chhhrrriiisss macrumors 6502a

    Joined:
    Mar 29, 2009
    Location:
    Connecticut
    #16
    I thought I would have to put a deposit down or that I would get denied a contract with AT&T but I actually got accepted. It was pretty weird because I'm pretty sure I don't have very good credit at the moment.
     
  17. badboy600 macrumors member

    badboy600

    Joined:
    Jul 11, 2008
    #17
    My Credit score is fair at best and I got in with a 100 deposit. My cousin went for a 3gs last week and At&t wanted 750:eek:
     
  18. chrono1081 macrumors 604

    chrono1081

    Joined:
    Jan 26, 2008
    Location:
    Isla Nublar
    #18
    I had to do that with a company called Alltell when I was 17. I had to pay a $200 deposit since I wasn't 18 and didnt have credit history. I made my payments on time and got the check back next year.
     
  19. vipergts2207 macrumors 65816

    vipergts2207

    Joined:
    Apr 7, 2009
    Location:
    Columbus, OH
    #19
    I don't know what my credit is, but I'll be checking it next month when I can get my free yearly credit report. It must be pretty awesome for a 20 year old though because I didn't have to pay a deposit for my 3GS.
     

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