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5 Ways to Save Money on iPhone 14

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Upgrading your phone is expensive!

key point

  • Trading in your old phone can get you a decent amount of credit when you buy a new iPhone 14.
  • Getting a model with a smaller screen or less storage can lower the price.
  • Your purchase of an expensive iPhone might be enough to get a credit card sign-up bonus, $200 in cash back.

It’s September, which means Halloween stuff hits shelves, pumpkin spice lattes are back – and new iPhones have been released. That’s right, the iPhone 14 is officially released!

Although you won’t be able to start using the new model until October, you were able Book now to make sure you’re one of the first. Of course, if you’ve been salivating at the idea of ​​the latest iPhone in your hands, you’ve probably seen the four-digit price tags for many of the options this season, too.

With many of us already dealing with inflation and soaring housing, savings accounts are getting tighter. But while there aren’t any amazing pre-order discounts to snap up, there are still some ways to save when you pre-order the new iPhone 14.

1. Trade in your old phone

The single best way to get a new iPhone 14 deal is to trade in another phone. Whether you own an older iPhone model, the latest Samsung model, or a relatively new Google Pixel, you can swap it out for Apple to get a discount on iPhone 14 preorders.

The phone needs to be in good condition to get the full trade-in value. You can earn up to $720 for an iPhone 13 Pro in good condition, and up to $280 for an iPhone 13 Pro with a cracked screen. Also, the older the phone, the less you’ll get. You can always trade your iPhone back for an iPhone 7 — but it’ll only set you back $40, and only if it’s in good condition.

2. Opt for a smaller screen

When you pre-order the new iPhone 14, your first choice is what model to buy. If you want all the new bells and whistles, your choice is between the iPhone 14 Pro and the iPhone 14 Pro Max. the only difference? Screen size – another $100.

Both the Pro and Pro Max have upgraded camera systems, the latest software (including the much-touted Dynamic Island), and the A16 Bionic chip. But the Pro has a 6.1-inch screen, and the Pro Max has a 6.7-inch screen.

If you can live with a slightly smaller screen, you can save $100 over buying the larger Pro Max. Essentially, you’re paying 9% less for a 9% smaller screen. Seems like a fair deal.

3. Opt for less storage

Love it or hate it, the current trend in modern smartphones is to skip the SD card and go straight to a phone with more storage. Of course, the more storage you want, the more you’ll pay.

The iPhone 14 Pro with 128 GB of storage costs $999, while the iPhone 14 Pro with 1 TB of storage costs a whopping $1,499. If you know you won’t be loading media in your phone, opting for a smaller storage option can save you quite a bit of cash.

4. Get a carrier-locked phone

When you buy a new iPhone 14 from Apple, you can choose between a fully unlocked phone (that can connect to any mobile carrier) or a phone locked to one of four carriers: AT&T, Sprint, T-Mobile or Verizon. A locked phone usually only works with that carrier.

No matter which carrier option you choose for the iPhone 14 Pro and Pro Max, there’s no price difference. However, if you want to pre-order the cheaper iPhone 14 or iPhone 14 Plus, it will cost an extra $30 to buy the unlocked phone from Apple.

For example, the base model iPhone 14 Plus with four carriers costs $899, but if you choose the “connect to any carrier later” option, it’s $929. If you’re a big fan of your carrier and know you won’t be replacing your phone anytime soon, opting to lock your phone can save you a little on the purchase cost.

5. Use it to earn sign-up bonuses

It might be an unconventional savings option, but credit card sign-up bonuses are definitely a surefire way to get you some money for an iPhone. How does it work? simple:

Sign up for a new cash back rewards credit card with a great sign-up bonus. (Ideally, choose one with no annual fee.) Then, use your new card to buy an iPhone 14. Depending on spending requirements – and the iPhone model you purchased – you can earn bonuses for this purchase alone. (If you need to spend a little more, buy gas or groceries.)

That’s all. You can easily find cards that will give you a $200 bonus for spending $1,000 in the first three months. That means the new iPhone Pro Max can earn you a $200 bonus in a single transaction.

Even better, most cash back rewards cards these days also come with a 0% APR offer.This means you can pay off your iPhone in a few months without worrying about interest and still get rewarded and Sign up bonus. It’s a win-win situation!

Warning: The highest cashback card we’re seeing right now has a 0% APR until 2024

It can cost you a lot of money if you use the wrong credit or debit card. Our experts love this top pick, which features a 0% introductory APR through 2024, an insane cashback rate of up to 5%, and all with no annual fee.

In fact, the card is so good that our experts even used it themselves. Click here to read our full review for free and apply in 2 minutes.

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