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Hi John and welcome. Yes but, you would apply for the rebate separately : https://www.sigsauer.com/blog/sig-sauer-deals-and-consumer-promotions

John, it sure does. Buds will ship the firearm with 4-17 round magazines. Once you receive the firearm and get the information necessary like the serial number you can apply for the rebate Wich will add 3-17 round magazines that the manufacturer will ship. Here's a link to more details about the rebate and will allow you to apply if you purchase the firearm. Hope this helps, link here.......................... sigsauer.com/consumer-promotion-365-xmacro

John, yes sir, that is correct. You get 4 magazines with the gun, and 3 more from the rebate. Details here >>> sigsauer.com/consumer-promotion-365-xmacro Stay safe & have as great day!