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.Join The Conversation
Share your experience with the Slickdeals community
Share information with the community. Please follow our Community Guidelines and be kind!