Wal-Mart's newest promotion can save you $100 on a new smartphone

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Walmart Shopping Secrets

Want to purchase a new smartphone? You should probably head to Wal-Mart.

Thanks to a new promotion, iPhone (including models iPhone SE, iPhone 6, iPhone 6 Plus, iPhone 6s) and Samsung Galaxy (models 6 and 7) are striking a deal with Wal-Mart in which customers can buy customers can buy the phones for $100 less.

What's genius about this new deal is that it only applies to in-store purchases.

This will hopefully increase sales for electronics in retail locations, instead of costumers ordering away online.

SEE ALSO: 30 items to avoid at Wal-Mart

The deal also has another interesting caveat: It isn't an immediate discount.

Instead, the $100 is credited to the customer's monthly phone bill.

AT&T, Verizon and Sprint are all participating members. Unfortunately, iPhone or Galaxy users who use T-Mobile are not eligible.

The promotion is valid through the end of June.

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Wal-Mart's newest promotion can save you $100 on a new smartphone

24. Levi's 

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23. Calvin Klein

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22. Ralph Lauren

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21. Michael Kors

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20. Walmart

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19. Macy's

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18. Vans

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17. Old Navy

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16. Converse

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15. Adidas

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14. Gap

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13. Under Armour

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12. Bath & Body Works

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11. Nordstrom

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10. Target

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9. Urban Outfitters

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8. J.Crew

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7. H&M

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6. Sephora

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5. Lululemon

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4. Zara

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3. Forever 21

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2. Victoria's Secret

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1. Nike

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