Feel like this is a good deal if you already have a contract with 2degrees or are fed up with your current Telco and want to switch.
Discount repayable if you end your eligible plan within 12 months
Only on plans $55+
Not for everyone but if you were looking to upgrade and are already on a $55+ plan its worth a look given how rare it is to get a discount on new apple products.
Personally what i intend doing is front loading the initial deposit leaving something like $400 on the MRO and then trying to down grade the plan after a few months once my carry over data has built up paying off the remaining balance on the phone.
I doubt they will enforce the repayable discount unless you do it immediately after purchasing the phone