Earlier this week, a news broke out that T-Mobile is testing a new 36 month installment plan that would let users pay off pricey smartphones over a three year period instead of the usual two years. Those plans are officially launching this Friday.
Full details aren’t available yet, but T-Mobile’s announcement notes that tons of popular phones, including the Samsung Galaxy S9, Note 9, LG G7 ThinQ and V40 ThinQ, and the iPhone XS, XS Max, and XR will all be eligible for the plan. Combined with the company’s trade-in offers, customers could pay “as little as $10 a month for your new smartphone.” While that number may be a bit optimistic, if you’re looking to save on your monthly bill, it’s probably not a bad option.
T-Mobile’s not the first to offer longer plans AT&T has 36-month and 30-month options too but the fact that these plans are cropping up speaks to how expensive big flagship phones have gotten with $1,000-plus price points.