AT&T announced a new offer on Friday that should help some customers save some money. The carrier said that anyone, including existing and new customers, who activate a new line of service and pick up a new smartphone with AT&T Next will receive a $100 credit toward their bill. AT&T Next is the company’s monthly installment and upgrade program that allows customers to purchase a smartphone for a low up-front cost and then pay off the full price of the device through installment plans.
There are two options available, AT&T Next 12, which allows you to split the cost of your device across 20 months of payments or AT&T Next 18, which splits the cost up across 24 monthly installments. After 12 payments on AT&T Next 12, you’re then eligible to trade-in your smartphone to upgrade to a new one. Likewise, you can upgrade after 18 installments on AT&T Next 18 with a trade-in.
With the new deal, you could pick up a device like the Samsung Galaxy S5 for 20 payments of $32.50 on AT&T Next 12 or 24 payments of $27.09 on AT&T Next 18, and then after your account has remained in good standing for 3 months you’ll receive a bill credit for $100. The deal is good through Sept. 30.