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With the deal, if you buy one of these iPhones then AT&T will give you up to $750 in credits, which will cover the entire cost of an iPhone 8, 64GB iPhone 8 Plus, or 64GB iPhone XR. You can also choose to put the $750 credit towards a 256GB iPhone 8 Plus, 128GB or 512GB iPhone XR, iPhone X, iPhone XS, or iPhone XS Max.
The credit will start within three bill cycles, and AT&T will send catch-up credits once it starts. The credit will be applied monthly over the entire agreement term. This includes either AT&T Next for 30 months or AT&T Next Every Year for 24 months.