Carrier HELP pls! Can someone explain my bill?

[bonjourx]

Can someone please explain how this works? ATT is giving me a 500 credit for my trade in device that is from them because I met the criteria, correct? So therefor my monthly bill for my phone is 24.45 for 36 months? Which comes down to 800? (24.45 x36) But I have ATT next up, does that means once I have paid 400 (50% of the $800 ) that means I can upgrade again? I want to make sure I won’t be locked up to 36 months before I can upgrade or even longer than a year. Can someone please elaborate it? Thank you!

 

[Dex762]

my monthly bill for my phone is 24.45 for 36 months?

Ok hope this clearly what that means 36 months as 3 years that what you are paying off for new device as 13 Pro Max, For example my currently is XS Max i pay $56AUD for 36 months which is 3 years to pay off until this week finish so i can upgrade to 13 Pro Max last night in Australia time, $500 credit which means you have to hand your old iphone to the cell/mobile phone company let say the 13 Pro Max worth as $1,300 if u trade your old iphone which means $500 credit which is totally $800 (total $880.20 which u have for plan included it) for 36 months

 

[bonjourx]

Ok hope this clearly what that means 36 months as 3 years that what you are paying off for new device as 13 Pro Max, For example my currently is XS Max i pay $56AUD for 36 months which is 3 years to pay off until this week finish so i can upgrade to 13 Pro Max last night in Australia time, $500 credit which means you have to hand your old iphone to the cell/mobile phone company let say the 13 Pro Max worth as $1,300 if u trade your old iphone which means $500 credit which is totally $800 (total $880.20 which u have for plan included it) for 36 months

Yes I understand that. And that remaining 800 is divided for 36 months, and I will be paying 24.45 for 36months. Now, I have an ATT Next up, does that mean once I’ve paid half of that 800 (which is 400) I can upgrade my phone even its far from 36months? I do not want to be locked up for 36 months or for more than a year and not be able to upgrade.

 

[Dex762]

I’ve paid half of that 800 (which is 400)

Ok let say $800 if u pay off in half time say 24 months but got 12 month to go (36 months) if you want new iphone again but that means you have to pay up altogether on next bill with new iphone let say new iphone worth $1400 and 400 from previous that add up total $1800 and the cell/mobile phone company may charge you more because you break the contacts from 36 months for fees etc

If you stay to keep going 36 months with 13 Pro Max after 36 months means $0 no more pay off

 

[BrettDS]

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Can someone please explain how this works? ATT is giving me a 500 credit for my trade in device that is from them because I met the criteria, correct? So therefor my monthly bill for my phone is 24.45 for 36 months? Which comes down to 800? (24.45 x36) But I have ATT next up, does that means once I have paid 400 (50% of the $800 ) that means I can upgrade again? I want to make sure I won’t be locked up to 36 months before I can upgrade or even longer than a year. Can someone please elaborate it? Thank you!

That’s not quite how it works. The $500 discount doesn’t come off immediately, but appears in monthly credits.

So each month you will owe $33.33 ($1199 / 36) on your phone, but you will also get a credit of $13.88 ($500 / 36), so you will actually have to pay $19.45 for the phone, plus $5 for Next UP.

So between the credit and the amount you pay each month the amount you owe on your phone will go down by $33.33. When you have paid off half of the cost of the phone ($600), which will happen after 18 months, then you can trade in the phone and upgrade.

However, because that $500 comes as monthly credits you only get the full amount if you keep the phone for the full 36 months. If you pay off the phone or trade it in and upgrade early then you won’t get any credits for however many months were remaining.