As we noted before, the components of this deal are worth more than you pay, offering an Xbox One S for $22 a month and an Xbox One X for $35. It’s essentially a financing deal, though, with users locked into a two-year contract at a generous 0% APR.
For the Xbox One X that means a saving of $18 over the period, while you save $130 on the Xbox One S and its services. However, the deal is soured a little by the fact that most users wouldn’t usually sign up for Gold or Game Pass for two years straight.
— Larry Hryb (@majornelson) October 25, 2018
The main draw, then, is that you won’t have to save up to get the latest console. With Red Dead Redemption 2 just releasing, it’s excellent timing from Microsoft to ensure those without a console can jump in right away.
Unfortunately, online sign up will only be possible for a limited time period, and it does come with some other caveats. You must apply for a Dell preferred account to be eligible for the deal, which is essentially the company’s line of credit service.
As long as you’re eligible, you’ll still pay 0% APR as long as you pay the sum off within 24 months. The console will then be delivered directly to you, rather than requiring collection from a Microsoft Store. If you don’t pay it off by then, you’ll be subject to rates from 19.24% to 29.99%, so it’s worth being careful.