Smartphone leases seem to be the hot topic of the moment, thanks to a public battle between the CEOs of T-Mobile and Sprint. They also seem to be confusing to many, including those in this industry. What’s the difference between T-Mobile and Sprint leases? Do you own your phone or not on a lease? What happens at the end of your lease? Can you buy the phone or do you have to return it? How do upgrades work? Is a lease a good or bad thing? There is a lot to talk about here.
To try and make this all as simple as is possible, we are going to take some time to go through T-Mobile and Sprint’s lease plans, hopefully to give you some sort of comparison of the pros and cons of each. Since T-Mobile’s appears to be a decent deal for those who like to upgrade often, we’ll start there. (more…)
That’s right, T-Mobile’s new JUMP! On Demand (JOD) program is now live in-store for those interested in buying into a program that lets you upgrade up to three times per year.
Announced last week, JUMP! On Demand is a lease program that breaks a phone’s cost down into 18 equal monthly payments with zero down upfront. Once you are in JOD, you can swap out for a new phone up to three times per year without having to pay to upgrade. If you don’t upgrade, at 18 months you will have the choice to either trade in again or buy the phone for the remaining balance of what it would cost at full retail. According to T-Mobile, there isn’t an extra mark-up at the end – you pay the difference between the phone at full retail and however much you paid during those 18 months. (more…)
T-Mobile’s new JUMP! On Demand program is all the rage this morning, with smartphone lovers excited over the idea that they could trade in phones for the new hotness up to 3 times per year. But some of you may be wondering which phones are a part of the program and how much they will cost. We have that info for you now to get you ready for June 28, the day this new upgrade program kicks off. (more…)
T-Mobile kicked off Un-carrier Amped! this morning, just as they promised. The first announcement in what should be a series of new initiatives, involves JUMP!, the device-payment upgrade program T-Mobile introduced back in 2013. Starting June 28, T-Mobile customers can join JUMP! On Demand and upgrade whenever they want, without fee, up to 3x per year (12 months). (more…)
According to an internal memo received by Tmonews, changes are coming to T-Mobile’s JUMP! early upgrade program on February 23. The monthly payment plan, which seemed to ignite a new trend in the wireless space, will no longer have any time constraints or upgrade limits, and will soon include tablets as well. (more…)
Now that Sprint has joined the other three major U.S. carriers by making their early upgrade plan official, we felt as if a simple chart was in store to help display most of the fine print from each. And while we wouldn’t necessarily recommend that you participate in any of these outside of T-Mobile’s, we know that monthly payment plans are an attractive option for those who want to keep current data plans and upgrade often. So below, to help those of you in that category out, you’ll find a comparison of Verizon Edge, AT&T Next, T-Mobile JUMP!, and Sprint One Up. (more…)
Shortly after T-Mobile (JUMP!) and AT&T (Next) revealed new upgrade-often, monthly payment plans, Verizon joined the party with Edge. We’ve already compared all three, essentially coming to the conclusion that the options from AT&T and Verizon are nothing short of rip-offs that double charge you for the same device, while T-Mobile’s is at least a somewhat fair choice. But no matter what we think, Edge (which is now live) is an option for those who want to upgrade often and also do not want to have to pay an upfront down payment. Edge will allow customers in good standing the chance to get a phone at a relatively low monthly price and zero down, other than the activation fee and first month’s payment. (more…)
As far as monthly payment programs for devices go, T-Mobile’s JUMP! program is probably your best bet. T-Mobile is looking to make that deal even better starting tomorrow with a deal on almost all of their top smartphones and devices. Head into a T-Mobile store tomorrow and as a part of their JUMP! program you can grab a top smartphone for no money down upfront. (more…)