These wireless carriers are offering Apple’s new 2020 iPhone SE for only $5 per month

Looking for a deal on Apple’s new iPhone SE? Apple itself offers the unlocked 64GB iPhone SE for $399 or $16.62/month. If you’re willing to try a new carrier, two of Apple’s wireless carriers are offering the iPhone SE for only $5 per month, with service contract. Here are the details:

(1) Sprint is offering Apple’s new 2020 64GB iPhone SE for $5 per month for 18 months. New line of service required, but there is no trade-in requirement. As a bonus, Sprint will include free overnight shipping.

The fine print: “Get the all-new iPhone SE for just $5/mo. and enjoy free next-day shipping on your order. iPhone SE $5/mo. after $11.67/mo. credit, applied within two bills. With approved credit, 18-month lease & new line of service. If you cancel early, remaining balance due. Offer ends 5/14/2020. Order by 1 p.m. ET Mon-Fri, get it the next business day.”

This deal is live at Sprint today.

(2) AT&T is offering the new 2020 Apple 64GB iPhone SE for as low as $5 per month for new lines of service. Payments are spread monthly over a 30 month contract. Upgrades are available for $10/month.

The fine print:

“iPhone SE 64GB for $5/mo. offer: Get the all new iPhone SE 64GB for $5/mo., 128GB for $10/mo. or 256GB for $15/mo. for 30 mos. when you buy it on a qualifying installment agreement with eligible wireless.

You’ll need to:

– Purchase an iPhone SE 64GB, 128GB or 256GB on a qualifying installment agreement.
– Add a line to a new or existing account.
– Pay taxes on the full retail price up front.
– Activate postpaid unlimited wireless service (min. $75/mo. for new unlimited customers before discounts. Existing customers can add to eligible existing unlimited plans, which may be less). AT&T may temporarily slow data speeds if the network is busy.
– Pay a $30 activation fee.

Note: Requires a qualifying 0% APR installment agreement (30-mo. term at up to $18.34/mo.) Other installment options may be available and vary by location. 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. Down payment if required will be either 15% to 80% of device cost or a dollar amount currently ranging from $200 to $1400 (amount subject to change, may be higher and will not exceed the device cost).

After that you’ll get:

$250 in bill credits on iPhone SE 64GB, $150 in bill credits on 128GB, or $100 in bill credits on 256GB, applied in equal amounts over 30 monthly installments. Note: Credits start within 3 bills. You will receive catch-up credits once bill credits start.”

AT&T’s deal is live on their site now.

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