Like most deals from Mobile Phones Direct, it's a cashback offer which reduces the usual monthly rate when you claim on month 6, 9, 12, 15 and 18 of the 24-month plan. The plan typically costs £45 per month but £8 cashback per month slashes the rate to £37, earning you £192 back in total. The deal includes free standard delivery.
Apple announced earlier this week that it would offer trade-in discounts up to £120/$150 off the Apple Watch 5. We're also rounding up the best iPhone SE 2020 deals over at our sister site Macworld UK.
Mobile Phones Direct is also offering a free Xbox or PS4 console with the Galaxy A51.