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T-Mobile and Verizon Offering Deals on iPhone 7, Galaxy S8

Not only do T-Mobile and Verizon battle over networks and customers; they're also offering dueling deals, which could save you some bucks if you're in the market for a new smartphone.

Credit: Sam Rutherford/Tom's Guide

(Image credit: Sam Rutherford/Tom's Guide)

T-Mobile's offer focuses on the iPhone, with the chance to save money on a larger capacity model or get an iPhone SE for free when you buy another iPhone. Verizon, meanwhile, is offering reduced payments on a number of popular devices. Here's how the dueling deals break down.

T-Mobile

You can now get a 256GB iPhone 7 for the same price that you'd pay for a 128GB phone. That's a $100 savings for double the storage. You will have to pay $125.99 upfront if you're buying the phone on an installment plan, with monthly payments of $26 over the next two years. You can buy the phone outright for $749.99 instead of the usual $849.99 the 256GB iPhone 7 commands.

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256GB iPhone 7

Speaking of monthly payments, if you buy an iPhone on one of T-Mobile's installment plans, you're eligible to get an iPhone SE for free. The freebie will be offered as a $400 rebate on your purchase to cover the cost of the iPhone SE.

T-Mobile is also currently offering a special on lines, allowing those who activate two lines on the network to get two more lines for the price of one. That means a family of four would pay $140 a month, or $35 a line. Normally, four lines of unlimited data cost $160 at T-Mobile.

MORE: The Best T-Mobile Phones

Verizon

Verizon is offering lower monthly payments on high-end phones. In addition to the iPhone 7 and 7 Plus, Verizon's deal extends to the Google Pixel and Pixel XL, Samsung Galaxy S8 and S8+, LG G6 or Moto Z Droid and Z Droid Force. Verizon will reduce monthly payments to as low as $15 a month on those devices if you get a new line with an $80-a-month unlimited plan and trade-in an eligible phone.

The good news is a lot of phones are eligible for trade-in. Verizon will accept any iPhone 6 or later, any Galaxy S5 or later, the Note 4 or 5, any LG G4 or later, the LG V10 or V20, either Google Pixel, the HTC 10 or M9, and three different Motorola Z Droid models.

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Verizon Phone Deals

You'll also get a $100 Amazon gift card from Verizon as part of this deal if you're switching from another carrier.

Buy a Pixel or Pixel XL through Verizon, and you can also pick up a Google Home speaker for free, though you'll need to mail in a rebate to get your money back.

MORE: The Best Verizon Phones (Including Exclusives)

If you're looking for accessories, Verizon is offering a 20 percent discount during the month of June on all Mophie Juice Pack cases, as well as the company's USB-C-based Powerstation.

Don Reisinger is CEO and founder of D2 Tech Agency. A communications strategist, consultant, and copywriter, Don has also written for many leading technology and business publications including CNET, Fortune Magazine, The New York Times, Forbes, Computerworld, Digital Trends, TechCrunch and Slashgear. He has also written for Tom's Guide for many years, contributing hundreds of articles on everything from phones to games to streaming and smart home.