T-Mobile will pay you $650 to switch

MGN Online
Thursday, January 9, 2014 - 11:33am

T-Mobile has a new plan to lure customers away from rival companies. The carrier announced it will pay early termination fees for those willing to switch from AT&T, Sprint or Verizon.

Under the deal, customers can receive up to 650 dollars in credit after trading in a phone. That includes a maximum of 350-dollars per line and 300-dollars per phone. Customers must also buy a new phone from T-Mobile. It's the latest move under T-Mobile's so-called "uncarrier" strategy, which eliminates contracts.

The deal is likely a response to AT&T's offer to pay T-Mobile customers 450-dollars to switch over.

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