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Best iPhone 12 deals for May 2021

iPhone 12 deals
(Image credit: Tom's Guide)

A new batch of cheap iPhone 12 deals is here. Now that the iPhone 12 purple is available, retailers are offering new iPhone 12 deals on Apple's latest devices. In fact, there are even some iPhone 12 deals that get you Apple's devices for free.   

Currently, the best iPhone 12 deals can be found at Verizon. The carrier is taking up to $700 off all iPhone 12 models when you trade-in an eligible phone and open a new line. Not to be outdone, AT&T is taking $700 off all iPhone 12 models with an eligible trade-in. Unlike Verizon, AT&T's iPhone 12 deals are valid whether you're a new or current AT&T customer. 

Wireless carriers remain your best option for cheap iPhone 12 deals — particularly if you're ready to switch networks. Even the iPhone 12 deals at retailers like Best Buy or Walmart typically require that you activate your phone with a carrier instead of buying it unlocked. 

iPhone 12 deals and Memorial Day

Memorial Day is rapidly approaching and you can expect to see new iPhone 12 deals as the holiday approaches. Carriers are likely to increase the value of their trade-ins or they could offer better dollar-off discounts as Memorial Day sales ramp up. (Look for steeper iPhone 12 deals on the base model and the iPhone 12 mini). Make sure to check out our Apple Memorial Day sales coverage — as deals ramp up ahead of the May holiday. (And if you're looking for the best iPhone SE deals, we've got you covered there, too.) Otherwise, below you'll find the best iPhone 12 deals currently available.

Best iPhone 12 deals 

iPhone 12 deals

iPhone 12 Purple: up to $700 off w/ trade-in + new line @ AT&T
The new iPhone 12 Purple is here. Even better — AT&T already has iPhone 12 deals for Apple's latest phone. New and existing customers can get up to $700 off the iPhone 12 purple when you trade-in an old phone and open an Unlimited plan. View Deal

iPhone 12: up to $700 off w/ trade-in + new line @ Verizon
Verizon is taking up to $700 off all iPhone 12 models with trade-in of an eligible phone and the opening of a new line. These iPhone 12 deals cover all models from the base iPhone 12 through the iPhone 12 Pro Max. It's one of the most aggressive iPhone 12 deals we've seen from Verizon. If you're a current subscriber, you'll get up to $440 off when you upgrade and trade-in your old device.View Deal

iPhone 12: up to $700 off all models w/ Unlimited + trade-in @ AT&T
New and existing AT&T subscribers can take $700 off any iPhone 12 model when purchased with an AT&T Unlimited Plan and with trade-in of an iPhone 8 (or newer). It's one of the best iPhone 12 deals we've seen from AT&T and we especially like this deal because it applies to both new and current subscribers. View Deal

iPhone 12: $150 Mastercard + Fire TV Stick @ Visible
Verizon-owned carrier Visible has some epic iPhone 12 deals. For a limited time, purchase any iPhone 12 via Visible and you'll get up to a $150 prepaid Mastercard and Amazon Fire TV Stick. This deal applies to all models of the iPhone 12.View Deal

iPhone 12: was $829 now $679 @ Cricket
Cricket's iPhone 12 deals take $150 off any iPhone 12 when you switch to Cricket and port your phone number to the carrier. You'll also have to sign up for Cricket's $60/month unlimited data plan. As of this writing, all iPhone 12 models are in stock.View Deal

iPhone 12: up to $980 off @ Sam's Club
Sam's Club is taking up to $980 off the cost of all iPhone 12 models when you buy either phone on an installment plan with AT&T and bring over a number from another carrier. Sam's Club saves you $250 and that stacks with AT&T's national offer for a combined discount of up to $980 off. Those are killer iPhone 12 deals from the wholesale retailer. View Deal

iPhone 12: up to $800 off @ Best Buy
With qualified activation and trade-in, Best Buy is taking up to $800 off all iPhone 12 models. These are among the best iPhone 12 deals we've seen from Best Buy. To get the max $800 discount, you need to sign up for an unlimited plan with AT&T and have an eligible device to trade-in. If you'd prefer to activate your phone with either Verizon or T-Mobile, Best Buy lets you save between $150 and $600.View Deal

iPhone 12: up to $900 off w/ AT&T @ Walmart
Best Buy isn't the only retailer offering discounts when you activate an iPhone 12 with AT&T. Walmart is offering a similar deal, where you can get $700 off from AT&T plus another $200 in savings from Walmart. All you have to do is buy your phone on an installment plan, sign up for unlimited data and trade-in a device. View Deal

Best iPhone 12 Pro deals 

iPhone 12 Pro deals

iPhone 12 Pro (256GB): 50% off w/ installment plan @ AT&T
AT&T is knocking 50% off the iPhone 12 Pro when you purchase it online with a 30-month installment plan. The deal is valid on the 256GB model only, but it requires no trade-in. It's one of the best iPhone 12 deals we've seen from AT&T.View Deal

iPhone 12 Pro: $700 off w/ trade-in + new line @ Verizon
Trade in your old iPhone or Android phone and Verizon will slash up to $700 off the cost of your new iPhone 12 Pro when you purchase the device with an Unlimited plan. The phone features a 6.1-inch Super Retina OLED display, 5G connectivity, Dolby Vision HDR video, three rear cameras, A14 Bionic CPU, and a LiDAR scanner for night mode portraits. It's one of the best iPhone 12 deals we've seen for the Pro model. View Deal

iPhone 12 Pro: $150 Mastercard + Fire TV Stick @ Visible
Verizon-owned carrier Visible has an excellent iPhone 12 Pro deal. For a limited time, purchase any iPhone 12 Pro via Visible and you'll get a free $150 prepaid Mastercard and Amazon Fire TV Stick. The phone itself will cost you $41/month over a 24-month period. View Deal

Best iPhone 12 Pro Max deals 

iPhone 12 Pro Max deals

iPhone 12 Pro Max: up to $700 off w/ trade-in + new line @ Verizon
Verizon is taking up to $700 off the iPhone 12 Pro Max with trade-in of an eligible phone and the opening of a new line. It's one of the best iPhone 12 deals we've seen from Verizon. If you're a current subscriber, you'll get up to $440 off when you upgrade and trade-in your old device. Or you can get buy one and get one free when you add a new line.  View Deal

iPhone 12 Pro Max: up to $700 off w/ Unlimited + trade-in @ AT&T
New and existing AT&T subscribers can take $700 off the iPhone 12 Pro Max when purchased with an AT&T Unlimited Plan and with trade-in of an old phone. (AT&T is pretty generous with their trade-in and an iPhone 8 in working condition will get you the full $700 credit). It's one of the best iPhone 12 deals we've seen from AT&T. We also like that it applies to both new and current subscribers. View Deal

iPhone 12 Pro/Pro Max: up to $830 off @ T-Mobile
The iPhone 12 Pro delivers the best cameras on any phone along with a stellar display and unbeatable performance. And T-Mobile offers up to $830 off the latest iPhones, You need to activate a new line on an eligible plan and trade in an eligible iPhone in good condition to get the iPhone 12 for $169.View Deal

Best iPhone 12 mini deals 

iPhone 12 mini deals

iPhone 12 mini Purple: $0/month w/ trade-in + new line @ AT&T
AT&T has iPhone 12 deals for Apple's new iPhone 12 mini purple. New and existing customers can get the new iPhone 12 mini purple for free with trade-in of an old phone and the opening of a new Unlimited plan. View Deal

iPhone 12 mini: free with trade-in @ Verizon
Verizon will knock up to $700 off your iPhone 12 mini when you trade-in an eligible device and sign up for an Unlimited data plan. After discount, you can get the iPhone 12 mini for free. (The credits are spread out over 24 months). Alternatively, you can apply the $700 credit to reduce the cost of other iPhone mini models.View Deal

iPhone 12 mini: free with trade-in @ AT&T
AT&T is offering $700 in bill credits when you trade-in an eligible device and sign up for an unlimited data plan. After discount, you can get the iPhone 12 mini for free. (The credits are spread out over 30 months). Best of all, this deal is open to both new and existing AT&T subscribers. Alternatively, you can apply the $700 credit to reduce the cost of other iPhones.View Deal

iPhone 12 mini w/ unlimited data: $60/month @ Mint
Mint Mobile is offering the iPhone 12 mini bundled with unlimited 5G data for $60/month over a 24-month span. That's one of the best iPhone 12 deals we've seen from Mint, which operates on T-Mobile's network. You'll wind up paying just $30/month for the iPhone 12 mini and $30/month for the unlimited data. By comparison, most carriers will charge you $70/month for just their data plan.View Deal

iPhone 12 mini: was $729 now $529 @ Metro by T-Mobile
Metro by T-Mobile is taking $200 off both the iPhone 12 mini and the regular iPhone 12 when you switch your wireless service to the T-Mobile-owned discount carrier. You'll be able to access T-Mobile's cellular network including its nationwide 5G network via Metro. This is an in-store deal, and availability may vary by location.View Deal

Best iPhone 12 deals — accessories

iPhone 12 accessories deals

Case-Mate Tough Plus: was $29 now $14 @ Amazon
The Case-Mate Tough Plus can protect your iPhone or iPhone Pro from falls as high as 15 feet. Made from plant-based materials, the case is designed to work with wireless chargers and Case-Mate claims it won't turn yellow over time. View Deal

Incipio Duo Case iPhone 12: was $29 now $19 @ Amazon
Incipio makes a range of cases for the iPhone 12. The Duo Case (for iPhone 12 and iPhone 12 Pro) can protect your iPhone from drops as high as 12 feet. Its raised-edge bezel can also protect your screen from cracks. The case is compatible with MagSafe and wireless charging. View Deal

ZAGG screen protectors: up to 50% off @ Amazon
For a limited time, Amazon is taking up to 50% off select ZAGG InvisibleShield screen protecters. After discount, prices start as low as $19. ZAGG makes screen protectors for all models of the iPhone 12. View Deal

iPhone 12 deals — Which model should you get?

The iPhone 12 sports a fast A14 Bionic processor, 5G connectivity, and updated cameras. It also has a new Ceramic Shield glass display that Apple claims is the toughest in the industry. There's also a new MagSafe charging system. 

The iPhone 12 features a 12MP wide lens with a f/1.6 aperture and a 12MP ultra-wide lens with a f/2.4 aperture and 120-degree field of view. It's the first iPhone to include Apple's new 7-element lens, which delivers low light performance. Apple has also added a new Night Mode Time-lapse feature. 

Meanwhile, the iPhone 12 mini is a compact version of the iPhone 12. It sports a 5.4-inch OLED display and the same A14 Bionic CPU found inside the standard iPhone 12. However, its costs $699, which is $100 less than the 6.1-inch iPhone 12. 

The iPhone 12 Pro and iPhone 12 Pro Max are the successors to the iPhone 11 Pro models. They feature larger screens — 6.1 inches for the Pro and 6.7 inches for the Pro Max — plus triple camera arrays aided by a LiDAR sensor. Otherwise, they share the same processor, 5G connectivity, and charging features as the iPhone 12.