Wow. I was curious so I took a look at the T&Cs.
Quote:
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Once your trade-in is accepted, you can place a new Qualifying Device (as defined below) in your cart and the 20% promotional credit will be automatically applied at checkout. Select customers will instead receive their 20% promotional credit as a rebate refund. If you qualify you can submit a trade-in order and purchase a Qualifying Device at full price. The 20% promotional credit will be automatically refunded back to your original payment method upon acceptance of your trade-in device.
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Looks as if you're "select" and "qualified". Lucky you. I wouldn't have been looking for this in the fine print, either. Especially worrisome is that your discount is contingent on "acceptance of your trade-in device." Presumably that means they're reserving the option to reject the device and you don't get the discount. I also noted that you get only trade-in per quarter, now. Was that always the case?
All my Amazon devices are good enough. Just as well.