I called AT&T back today to reconfirm I heard everything correctly. AT&T did confirm it. However..., they said I can keep my current rate at $115 a month for the next 24 months, by pass the $40 Activation fee and not have to pay $300 up front (iPhone 6 64gbs smaller version) if I pay $31.25 extra for the phone per month for the next 24 months.
When I did the math and that's 31.25 x 24 = $750. After 24 months the phone is paid for and then I just go back to my current rate of $115 a month. Plus 18 months I can even upgrade my wireless phone too.
Anyhow, I'm now looking at $750 extra over 24 months (2yrs at $31.25 a month) vs. $1,040 over 24 months (2yrs). More over AT&T is willing to give me $200 credit for my iPhone 5 32gbs. I can probably get more on Craig's List if I sell it myself.
So now it does not look as bad since I would not have to pay the $299 (for the iPhone 6) + $40 (activation fee). They will just sent me the phone add $31.25 a month to my current bill for the next 24 months to pay the bill.
I'll think about it.
Besides just paying their bill and not looking at it, they probably are as dumb as rock when it comes to basic math.
Twice, Comcast (every two years) has tried to basically double our monthly costs/price.
Twice, I walked into their local office and said I will not pay more for Cable/internet/phones than my PG&E bill. I have had copies of the Dish offers, phone offers and internet offers.
Twice, they have cut my bill back to the original with a minimal price increase the second time.
You are obvious good at math and will figure out what is best for your needs. Good job of not rolling over.
The US needs more consumers like you and me. We force them to stop and make a better offer.