UPDATE: Verizon has reached out to say that this limited time promo is now over.

Looking to buy a new Verizon smartphone? If so, we’ve got a promo code that you’ll want to have handy when do you pull the trigger on a new device.

Verizon is now running a promotion that’ll get you $300 off the cost of any smartphone priced at $400 or more. Simply enter the code FORYOU300 at checkout and BAM! Your phone will be $300 cheaper. The one catch is that the code requires a new device payment activation.

This code applies to all smartphones worth $400 or more, so you can feel free to pick whichever OS you want. For example, this code will knock the 128GB iPhone 6s Plus from $949 to $649, meaning that its monthly payment will go from $39.58 to $27.08. If Android’s your thing, you can reduce a 32GB Galaxy S7 edge from $792 down to $492 with monthly payments of $20.50 instead of $33.00. An even more affordable option is the DROID Turbo 2, which gets knocked down to $324 with monthly payments of $13.50 each.

So yeah, this is a pretty nice promo code so long as you are willing to sign up for a new device payment activation. There’s no word on how long this promo code will last, so if you’re thinking about taking advantage of the deal, you may want to do it soon.