Motorola is now providing $ zero down and nil p.c financing for any order from its site. Whereas it’s being known as a “credit score account” fairly than a bank card, the deal appears about the identical — make purchases from Motorola’s on-line retailer and take a look at with a $ zero steadiness when you are an account holder, and pay it off over time as an alternative. Then you have as much as 6 or one year to repay your invoice (it’s not clear what the buck threshold for these are), or 18 months to pay in case your buy was once over $ 549 — conveniently the price of an off-contract Moto X.
As is usually the case with credit, you’ll be charged at an interest rate of 28.99 percent if you don’t meet the terms, so you’ll probably want to pay off that customized Moto X before the year and a half runs out. Motorola indicates that the minimum payment per month on purchases will be the total purchase amount divided by the number of months to pay off — $ 30.50 monthly for a $ 549 Moto X, for example.
It probably isn’t the route that everyone will take to pick up phones directly from Motorola, but it can surely take the sting out of that $ 549 (or more) price when buying off-contract.