For those that have been shopping for a new cell plan for 2015, Sprint is about to offer you an amazing deal that seems way too good to be true. Beginning tomorrow, Sprint will offer to pay your termination fee for your current account, then up the game a step further by cutting your current bill in half. Yes, that is correct, they will pay you up to $350 to come on over to them and then slice your $300 Verizon or AT&T bill down to $150 a month.
Does this seem to good to be true? Well, unfortunately, it is. For starters, you must trade in your current phone to get this deal, so if you have a new iPhone, it goes bye bye to get that termination fee covered. Then, to qualify for the lower cost plan, yes that half price deal is the lower cost plan, you need to purchase your device at full retail price, sign up for the monthly payment or lease programs for your new Sprint device. Finally, you need to port your number to Sprint to finish out the deal.
If you don’t return that device, you will see a $200 charge sent to your account for each device that is not returned. Of course, if you are selling those new iPhones for $400-500 each, that $200 hit won’t seem so bad.
After all the logistics of getting the plan set up, your monthly bill won’t actually see a decrease. You will see the services that total half of what you were paying before, plus that monthly payment for your devices, unless you purchased them outright. For the average family of 4, this makes a $300 Verizon bill come out to about $250 with the new Sprint rate. That makes that half price deal more of a 17% off your bill rather than a half off deal. Of course, if you shell out the upfront cost of $500 for a new iPhone or as little as $216 for the HTC Desire 510 you really can get that half price discount.
Remember, this offer is only good for folks on AT&T and Verizon, so you T-Mobile users are left out on this one. Check out the details at the link below.
Source: Sprint
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