Because Google Fi manages your device financing, promotional credit, and referral pool in distinct buckets, they interact across your monthly statement in a specific way:
1. How the Monthly Watch Credit Works
When you choose 24-month financing with a promo credit:
- The Installment: Fi finances the remaining device cost (e.g., $529.99 ÷ 24 ≈ +$22.08/month).
- The Promo Bill Credit: Fi issues a corresponding monthly bill credit (e.g., $529.99 ÷ 24 ≈ -$22.08/month).
- The Net Device Charge: The credit cancels out the installment charge directly on that billing cycle ($22.08 - $22.08 = $0.00).
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As long as you activate it and keep the line active for 24 months, the net cost for the watch itself is $0/mo. You don't have to pay that $22 out of pocket.
Because Google Fi manages your device financing, promotional credit, and referral pool in distinct buckets, they interact across your monthly statement in a specific way:
1. How the Monthly Watch Credit Works
When you choose 24-month financing with a promo credit:
- The Installment: Fi finances the remaining device cost (e.g., $529.99 ÷ 24 ≈ +$22.08/month).
- The Promo Bill Credit: Fi issues a corresponding monthly bill credit (e.g., $529.99 ÷ 24 ≈ -$22.08/month).
- The Net Device Charge: The credit cancels out the installment charge directly on that billing cycle ($22.08 - $22.08 = $0.00).
You will not see your credit card charged each month for the watch.Sign up for a Slickdeals account to remove this ad.
Join The Conversation
Share your experience with the Slickdeals community
Share information with the community. Please follow our Community Guidelines and be kind!