AT&T has long offered their Next installment billing program. You pay $0 down and make small monthly payments on your device. This also allows you to upgrade your device more frequently. Today, they’ve offered a longer term Next plan.
Next 24 is very similar to the current offerings. It is just longer term. Having 24 payments for any eligible device means a lower monthly payment for the customer. This is the ideal plan for someone who wants to pay nothing out of pocket to get a device (except tax, mind you) and can do low monthly payments on top of the normal plan.
Personally, I don’t get it. We’ve already had an option for two year upgrades. All this targets is people who want a high end device with no money in their pocket. Chances are really good if they don’t have the payment for the subsidized device, they’ll struggle to pay device installments on Next 24 with their bills. Perhaps I’m wrong, and surely this isn’t everyone, but I just don’t think it’s a great idea. It’s not good for the customer anyway.
Also, beginning today customers who add a line using Next will receive a $150 bill credit. If you are in the market for a new device and Next is an option, Now is a good time to sign up using Next 24, or any other installment option that fits your needs.