Send them a secure message to see if they will apply the bonus for you. Some have been successful: http://ficoforums.myfico.com/t5/Cre...ash-sign-up-bonus-secure-message/td-p/3416413
To Everyone Considering Edge / Next / Easy Pay - Read This
- Thread starter imaketouchtheme
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Send them a secure message to see if they will apply the bonus for you. Some have been successful: http://ficoforums.myfico.com/t5/Cre...ash-sign-up-bonus-secure-message/td-p/3416413
Verizon's "discount" from edge isn't really a discount. All it does is help soften the blow from the monthly payment of the phone itself. Not to mention, you have to be on the newer plans to get the discount, grandfathered plans (even those on tiered data) don't get the discounts.
From A Buick 8
macrumors 68040
Stopped the Verizon store today, i was able to get the answers I was looking for.
You can pay up 60% on the phone when you start the edge program.
You get a $25.00 price cut on the $40.00 line charge (with the 10gb plan).
The remainder of the cost of the phone is spread out over 20 months.
You can at any point pay off the remainder of the phone.
You keep the $25.00 price cut off the line charge even after the phone is paid off.
So based on this I am going to start switching our lines over to the edge program.
lordofthereef
macrumors G5
You can't make double payments or put down a down payment. There's lots of rules, you may just be unaware.
Are there some other rules because this doesn't matter to me lol.
By the way, some of the stores you cited can and will reserve the right to not allow buying off contract phones at any time, unless state or county law bans them for some reason. Best Buy has been notorious for doing this. They have also been notorious for increasing an off contract price (again, where allowed) and citing that they cannot price match something that is not in stock.
It's nice that you point to an alternative, but I just don't feel there are many crazy rules. You can't pay the phone off early unless you pay it in full (after making at least two monthly payments) and you can't unlock the phone until it's been paid off. Aside from that, there is no downside. PLUS you can choose to just turn the phone in after a year and get the new one. That fact alone is a large part of the attraction of Next for many folks I would think.
Op I agree. but honestly people do not understand credit cards. I mean look at the debt people get into. also look at the comments you are getting. people do not get them. Really good idea . btw.
zhenya
macrumors 604
How did you come out of this thread thinking the original post was a 'really good idea??' You have to open a line of credit that you then have to manage. With those special offers if you are late on a single payment by a single minute, you pay full interest for the entire balance back-dated to the loan inception date.
AT&T gives you a zero-interest loan with no strings attached, no credit check, and you can buy it out if you like for the retail price of the device at any time.
Much like an automobile lease, this is effectively burdening the seller with the risk of depreciation. AT&T is giving you a guaranteed resale amount, with the option to still buy the device out if you like if it turns out its worth more than anticipated. For most people this will work out to be a good deal because the residual buy-out after 12 months is generally pretty close to the value of the device on the market. Rather dealing with the hassles of selling or trading in your device, you know you can turn it into a new device for little to no loss compared to the person who pays for it upfront and sells it.
Well having credit is good. being an adult with good credit is good. Having a card with a small balance that is paid on time every month is good. But hey if you want to stay stuck with the man. then fine.
EdMan
macrumors 6502a
The only way he gets $350 in his pocket is to pay for the phone upfront and essentially get his money back. There is no such thing as a free phone here. It's all smoke and mirrors. Maybe you should review your basic math.
zhenya
macrumors 604
WTF are you talking about? You think that opening a credit card for every purchase of a few hundred bucks is a good idea? Talk about being an adult?
There is virtually NO risk with AT&T's loan, yet you would advise people that they take a store credit account instead? LOL.
honestly I really don't give a &^&^%$# I'm just bored. so it really does not matter. fun fun fun.. Im having fun..
oh btw Zhenya I was talking about the full price like a grand. Lots of people take credit cards out for stuff like that. I mean not me obviously, i roll in it like on duck tales. smirk
oh btw Zhenya I was talking about the full price like a grand. Lots of people take credit cards out for stuff like that. I mean not me obviously, i roll in it like on duck tales. smirk
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geoffm33
macrumors 6502
For someone with zero credit accounts, this would matter. For those with established credit, not so much.
thats true and i agree. I was just trying to help Op not take soo much heat on the good idea. I mean it is a good idea.
I believe you need to pay the phone in full with your card to take advantage of the extended warranty. Look at #10 under purchases not covered, "items still under installment billing". https://web.aexp-static.com/us/content/pdf/card-benefits/BluefromAmericanExpress/EW-DOC-CCSG.pdf
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imaketouchtheme
macrumors 65816
Yes, definitely a troll. You have a total of six posts and I have over a thousand, not sure where you're getting a "troll" from.
There's billions of other reasons that I did not mention. It's easy to earn over 1K airlines miles with almost any credit card with a purchase that large, 5% CB on lots of cards, plus extended warranties. There's no reason NOT to do it on a card (if you have 0% APR).
sjperformance
macrumors 68010
there's many people out there without credit. like me. I lost 2 house 3 years ago so my credit went to tank. but because of being a good paying customer on att. I qualify for next and therefore went that route.
imaketouchtheme
macrumors 65816
Definitely.