T-Mobile iPhone 5 150USD

When T-Mobile, the nation’s fourth-largest wireless carrier, started selling the iPhone 5 back in April, it offered the iconic smartphone for $99 down payment and 24 monthly payments of $20 to cover the full cost of the phone. And in an effort to push the device and lure would-be consumers into signing up, the Deutsche Telekom-owned telco last weekend started offering the device for the $0 down payment, with trade-in.

Unfortunately, the launch promotion for new users has ended now. As a result, the 16GB iPhone 5 now has a $149 payment, $50 more than before. Wait, the $99 down thing was actually a promo offer?

As you can see for yourself on T-Mobile’s web store, the handset is still being offered with the same 24 monthly payments of $20 – “only” the down payment requirement has changed.

As TMoNews points out, the carrier did not make it clear that the $99 price was only good for one month. Be that as it may, the additional $50 in down payment increases total cost of ownership for the 16GB iPhone 5 to $629 from $579.

That’s actually just twenty bucks cheaper than Apple’s asking prices for unlocked iPhone 5 units, although Apple doesn’t currently offer the monthly payment option to U.S. customers. The 32GB/64GB models now have $249/$349 down payments over at T-Mobile, respectively.

If you though about jumping ship and are willing to trade in your old iPhone 4/4S, you should take advantage of T-Mobile’s Mother’s Day promotion.

Depending on the trade-in value of your iPhone 4/4S, you can use credits towards both the down payment on an iPhone while also decreasing your monthly payment requirement from $20 to $15.

As for the new $149 down payment requirement, that’s very Uncarrier, indeed.

At least T-Mobile should have made it clear from the onset that the $99 down payment would only last during the “promotional” launch period.

  • Ernie Marin

    There’s the T-Mobile we all know and love, see I knew they get back to their good old ways.

    • Gorgonphone

      yup they can go to hell with samsung and android..

  • Still represents a value over paying $199/$649 elsewhere. Also, the $20 a month is interest free. It seems as though some will always find something to complain about.

    Longtime ATT subscriber here, but T-Mobile still has a compelling offer compared to the other major telcos.

    • Israel Molina

      I completely agree. I hope iDB isn’t going the way of critics, writing negativity to just get a read.
      I just switched from AT&T because of T mobiles business model. I was with AT&T for 10 years and a $50 difference for the iPhone isn’t going to change that. If it does, don’t buy the iPhone. Plain and simple.

  • Thumbs up if you don’t even live in the US.

  • I also said they were going to join the other SCREWING YOU OVER FUCKS.VERIZON AND AT&T.