As with any deal from the big four U.S. carriers, there are of course, stipulations to the promotion. To receive the $200, you have to hand over your T-Mobile phone and then use that credit towards a new phone from Sprint. After that, if you want to get more money from Sprint to cover the remaining balance you owe to T-Mobile on the phone you just handed in, you’ll have to register for the refund online. Then, you’ll get a prepaid or reward card from Sprint.
Since T-Mobile doesn’t have plans with two-year contracts, Sprint is offering to front part of the cost of your old device instead. The offer is ideally suited to those who owe $350 or less on their T-Mobile phone. The only problem with that scenario, is that if you owe more than $350 on your T-Mobile phone, you’ll have to fork over the rest personally. Alternatively, if you don’t owe any more to T-Mobile, Sprint probably won’t offer you additional money.
To leverage the deal, Sprint reminds T-Mobile customers that its plans are actually cheaper. Sprint offers unlimited high-speed data, talk, and text for $50 a month if you buy an iPhone 6/Plus, or $60 if you buy any other device and have only one line. Pricing for a family of four on both carriers’ networks is equal, though Sprint offers more high-speed, 4G LTE data.
The deal starts on now and will continue until April 9. You can see more details in the press release.
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