Just weeks after its release, the Moto G Stylus 5G (2024) is already getting a massive price cut at AT&T. New and existing customers can now snag this feature-packed mid-ranger for just $2.99 a month over 36 months.

This aggressive offer applies to anyone activating a new line or sticking with their current AT&T plan, which includes all of the carrier’s primary unlimited options: Unlimited Starter, Unlimited Extra, and Unlimited Premium. Existing subscribers on these plans don’t even need to take any additional steps – they’re automatically eligible for the discount.

So, what exactly are you getting for this unbelievable price? The Moto G Stylus 5G (2024) punches well above its weight class. It boasts a stylish vegan leather back, a stunning 120Hz OLED display – a feature typically seen on much more expensive phones – and a powerful Snapdragon processor that delivers smooth performance. The phone also boasts a surprisingly good camera system, and of course, the built-in stylus that gives it its namesake functionality.

There are a few things to keep in mind before jumping on this deal. Unlike some high-end phones, the Moto G Stylus 5G (2024) is only guaranteed to receive one major Android OS update. You also won’t find any of the fancy AI software features that come with Pixel or Galaxy phones. Additionally, while the monthly price tag is undeniably low, you’ll need to factor in upfront costs like sales tax and the standard $35 activation fee before the hefty AT&T discount kicks in. This is fairly typical for carrier deals, so there are no surprises there.

Another wrinkle is that the unlocked version of the Moto G Stylus 5G (2024) typically comes with 256GB of storage and a price tag of $399.99. However, AT&T is only offering the 128GB model. If you require more storage space, this deal might not be the best fit for you.

The AT&T Moto G Stylus 5G (2024) deal is a fantastic option for budget-minded users who prioritize a great display, built-in stylus functionality, and solid performance at an unbeatable price. Just be sure to consider the storage limitations and potential lack of software updates before making your decision.

Disclaimer: Prices and promotions mentioned in this article are accurate at the time of writing and are subject to change based on the retailers’ discretion. Please verify the current offer before making a purchase.