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First off, the deal is only available with Verizon Unlimited and requires customers to purchase an Apple Watch Series 3. Then, a $200 promo credit will be applied to your account over 24 months when you buy an iPhone 8, iPhone 8 Plus or iPhone X. The credit ends when the balance is paid or line terminated.
On top of that, those who agree with these terms and buy an Apple Watch Series 3, will also receive a $50 iTunes Gift Card, which will be emailed to them within five weeks after activation. The gift card is valid only in the US iTunes Store, so don't try to use it with an account registered in another country.
Keep in mind that the cheapest Apple Watch Series 3 available at Verizon costs $399.99, but when it comes to Apple products, it's never about money, right?
source: Verizon
