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Sep 13, 2016 11:05 PM EDT

Verizon and AT&T Offers Free iPhone 7: Here's How Get Yours

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All wireless network  carriers know that many people are trying to acquire a unit of iPhone 7. In line with this, many of the carriers are using iPhone 7 to draw customers. Verizon, AT&T, Sprint, and T-Mobile are handing out free iPhone 7. It is for real but it comes with a two-year contract with the carrier.

All of the deals require customers to trade a relatively new phone. So, customers who has an iPhone 6 or iPhone 6s can trade their phones for a brand new iPhone 7. Sprint and AT&T sometimes accept a Samsung Galaxy S7. Also, the phones must be in good condition which means, it should hav no broken screens. Furthermore, iPhone 7 which features more than 32 GB of internal storage will need some cash, according to Yibada.

One thing that the customers who want to trade needs to know is that the deal will lock them with the network for at least two years. Basically, it is just a variation of the former offer where customers can pay $200 for an iPhone. This time around, however, the company would require a lightly used phone.

There is a bad side of the deal unfortunately. Since there is a contract between the provider and the customer, breaking the contract would result into consequences. AT&T and Verizon would require the full payment of the unit minus the credited amount on the wireless bills. T-Mobile and Sprint, on the ohter hand, offers an option where the customer can return the phone back. On other note, customers cannot get their phone back, so breaking the contract on an early stage would render a bad result, The Verge reported.

Additionally, customers will still be required to pay taxes for the phone including some "activation fees". The deal is a pretty good deal but it might turn sour when the customer side decides to cancel the service. To further help customers decide, here's a video showing a first look on the iPhone 7.

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