If you want to buy a new phone, there’s no shortage of great T-Mobile deals to explore. If, on the other hand, you want to keep your existing device and join a new wireless carrier, you may be concerned that options are limited. Well, thanks to this new deal from T-Mobile, that’s no longer the case.
Switch to T-Mobile from Verizon or AT&T and the wireless giant will give you up to $800 in the form of a prepaid MasterCard to pay off your existing phone. The exact instructions vary depending on the carrier you’re leaving behind, but the T-Mobile deal largely boils down to these steps: confirm that your device is eligible using the link above, take a screenshot of your current payment balance, and submit the rebate form to T-Mobile. According to T-Mobile, the prepaid MasterCard should arrive within 15 days!
Switching with your own device and adding a line will also give you access to T-Mobile’s Essential Savers plan for only $50 per month (with AutoPay). This no-frills unlimited plan comes with unlimited talk, text, and data on T-Mobile’s legendary 5G network, plus you get 50GB of premium data.
So what’s the catch? Well, it’s worth noting that switching from AT&T will require you to pay off your existing device before you can get it unlocked by the carrier. That means you’ll have to drop a little cash upfront before you can request the rebate from T-Mobile. Switching from Verizon, on the other hand, gives you the chance to receive the T-Mobile rebate before paying off the phone.
That said, if you’re sick of all the best wireless deals requiring you to buy a new phone to enjoy any significant savings, this T-Mobile deal is a great way to ditch your AT&T or Verizon wireless plan without abandoning your trusty smartphone. And if there’s less than $800 left on your device payment plan, you could make the switch with minimal hassle and a bit of extra cash in your wallet.

