Best Buy Offering iPhone Discounts of as Much as $100 to 'Reward Zone' Members

Best Buy this week is offering significant discounts on the iPhone to current members of its Reward Zone loyalty points program. Regular Reward Zone members can save $50, bringing the price to $149 for the 8 GB model or $249 for the 16 GB models. Premier Silver members can save $100, bringing the price down to $99/$199. The offers are good on new iPhones, not refurbished ones as currently available from AT&T at a discounted price.

The deals are available from today through Saturday, February 28th, and are only available to customers who were Reward Zone members as of Saturday, February 21st. The offers are also only available in-store and not at BestBuy.com. All purchases require in-store activation and a two-year contract and are limited to one per customer. Finally, the offers are not available in all stores and are not valid for "Early Upgrade" customers currently under contract with AT&T.