Apple Partnering With Barclays For Apple Store iPhone Payment Plans With T-Mobile?

barclays

With the announcement of T-Mobile’s iPhone last week and news that only T-Mobile and Apple retail stores will sell the device, the question has come up about how Apple will handle the Value Plan payment plans. Well, according to a new report Apple is partnering with their current credit service Barclays to offer 24 months of no interest payments when buying a new iPhone on T-Mobile at Apple retail stores.

The report via 9to5Mac suggests that Barclays will credit T-Mobile customers $70 bringing the price of the device down to $579 to match T-Mobile’s own price through its 24 month equipment installment plans.

As a quick recap, T-Mobile will sell the iPhone 5 for $99 down payment with $20 monthly installments for 24 months. Total price? $579. Pricing for the 32GB and 64GB sizes have also been confirmed through T-Mobile:

  • iPhone 5 16GB = $99 down payment, 24 monthly payments of $20 totaling $579. Apple’s price for an unlocked 16GB iPhone 5? $649.
  • iPhone 5 32GB = $199 down payment and 24 payments of $20 for a total of $679. Apple’s price? $749.
  • iPhone 5 64GB = $299 down payment and 24 payments of $20 for a total of $779. Apple’s price? $849.

9to5Mac

 

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  • RedGeminiPA

    I was wondering how they were going to do that.

  • needhelp

    i contacted tmobile and they said i could stay on my contract plan and buy phones through retail stores like walmart/target/etc. will walmart, etc. be selling the iphone on a contract rate??

    • http://dualshockers.com Joel Taveras

      According to this article, T-Mobile and Apple stores only. So the answer is, NO. (grumpy cat face)

    • nijakyng88

      No, those third party retailers will be offering new versions of the classic plan for now because they do not have the infrastructure to finance devices.

    • Ian Harrington

      I work at a T-Mobile 3rd party. We are a true 3rd party and not a corporate supported one like some of them. You can get your iPhone through them. not all of them will be offering it but I know for a fact my store will. Of course our subsidy is different and we are offering it for $150

      • needhelp

        so id be able to get the phone on a 2 year contract? correct?

  • thepanttherlady

    I think it’s great that they’re offering a solution to the new Value only plans.

    • hinduguy

      Hopefully this will take some of the pressure off T-Mobile.com and T-Mobile store on the launch date.

  • Richard Yarrell

    Gotta give credit where credit is due. I am happy for Tmobile from a business standpoint. As much as i could care less about apple in general their customers will be hoping on this like white on rice.

    • Deadeye37

      I was going to say “Like a fat kid on cupcakes” :)

    • http://twitter.com/Joegar43 Jeremiah

      Isn’t this great now T-Mobile customers have choices because all these Samsung galaxy devices are getting old and boring
      There all the same. Now we have a chance to purchase the Gold standard of devices the
      IPhone.

      • gentleman559

        The Galaxy phones are all the same? Oh, my bad, I wasn’t aware that the IPhone was any different than it was 5 years ago? FML. ;-P

        • http://twitter.com/Joegar43 Jeremiah

          Yes it’s a lot different then 5years ago. It has a larger screen a faster processor and it’s 4Gs LTE
          Capable device.:-) :-) :-)

      • sincarafan247

        Old and boring? The upcoming Galaxy S4 smokes the iphone 5.

  • BallaOnnaBudget

    This isn’t anything new, I have the Barclays Apple card and get 0% on any purchases from apple. I guess their just bringing everyone up to speed.

    • Jays_on

      Maybe you missed the part about the $70 credit? It’s not just about the financing.

      On another note, I think deal conscious people, (most ppl!) Will find a $70 discount enticing! Not to mention lower upfront cost ($99!).

      • RedGeminiPA

        Don’t forget the 24 months at 0% versus 6 or 12 months with a standard Barclays purchase from Apple.

      • BallaOnnaBudget

        There’s nothing in my post that suggests that I missed the $70 credit. Why would you assume that I did??

  • reds2013

    I wish they would figure out something for emploees, I dont want to drop $600 on a phone… how about employee eip!

    • just me

      The rumor is May for that. Remember the email back in February that said the employee discount program was ending in favor of a program that will be more akin to “how customers purchase phones?” They said we’d hear more on in this summer.

    • eanfoso

      No kidding man, 10 $ a month for service is great, but 600 $ on a phone is ridiculous

      • steveb944

        You pay that much for a plan and you complain about paying for a device??? SMH. You guys should all be on a Nexus for cheap

        • http://www.facebook.com/moses.jc.77 Moses JC

          Paying for the phone is not the issues we should be able eip it is all

    • http://www.facebook.com/people/Jamille-Browne/1184321457 Jamille Browne

      You drop that much on a phone regardless of if you want to if you upgrade on contracts its all not free.

    • ATMOGUY

      Alling stated this week that EIP for employees is targeting August 4th. That said, there’s probably going to be a trade-off associated with it…such that our current amazing rate plan goes bye-bye.

      • nogoodnamesleft90210

        That’s hardly a fair trade off, but clearly TMO took a look at how stingy AT&T and Verizon are with their employees and said “Ah, that must be the key to success!”

    • taron19119

      rumor has it employees will get it an eip as wall

    • TYLERDERK

      NEXUS 4 $299.99 FROM PLAY STORE!

    • http://twitter.com/Joegar43 Jeremiah

      I would think a 10 percent
      Discount when upgrading to a new device is more then fair for employees.

  • Nearmsp

    I was under the impression that value plans are now superseded by the new unlimited simply plans. I am under contract until end of this year but do not have any EIP for any of our 4 phones. I presume we can not go to the newer plans. Are the new plans better than the value plans? If so, is anyone planning to drop value plan and move to simply plans?

    • taron19119

      there the same thing they only say simple 2 differentiate the old value plans from the new value plans

    • LC

      The plans themselves are different, but the idea is the same. And it’s possible that you might have some EIP available, because when the new plans launched T-Mobile increased EIP limits. Or you can make a partial payment towards your EIP to make some room.

  • Jason

    It will get tricky when non prime customers are looking to purchase, as their down payment is higher while the monthly installments are lower.

  • http://twitter.com/ZamoraO OZ

    $100 for every 16 GB? Really?

    • trife

      You must be new to Apple.

      • http://twitter.com/ZamoraO OZ

        Not really. But that is crazy! Good thing that T-Mobile offers unlimited data, so movies and music can be conveniently stored in the cloud. Spotify & Amazon Instant come to mind.

        • trife

          Agreed!

          I actually own a lot of Apple products, and even I’m miffed by how much they charge for basic storage. Fortunately on items that matter the most to me (notebooks/desktops), I can work around the storage issue without having to pay an arm and a leg.

          Phones are a different story though, but they’re also the device that most people utilize the most on a daily basis. I think people tend to overlook the ridiculous pricing for low storage options because they NEED a phone. And if you look at how things are now in the mobile industry, a lot of of other companies are following Apple’s lead. Paying an extra $50 for 8 more gigs of storage on a Nexus 4 is also overpriced, IMO.

          Oh well. Gotta pay to play I guess. *shrugs*

  • LC

    I had been curious to see how Apple was going to handle that, given they would be considered a third party location. Makes a lot of sense.

  • sapphiraa

    This is all well and good, but even with good credit and wanting to buy less than $500 worth of stuff from the Apple store, I can’t get a Barclay card.

  • milanyc

    Keep in mind that at the Apple Retail Stores you’re actually buying the phone for $650, and after 6 months of paying your minimum to Barclays, bank credits you with $70. So it takes 6 months of being a good customer. Apple still sells T-Mobile 16GB iPhone 5 for $650 outright.

    • RedGeminiPA

      Did you even read the article? I won’t spell it out. It’s already done for me, if you take time to read the article. Hint: that isn’t how it’ll work.

      • milanyc

        Step 1: tone it down a notch.
        Step 2: 9to5 article doesn’t give/have complete understanding of how it works
        Step 3: Check other sources like Barclays and Apple to confirm
        Step 4: You end up looking like a tool when you realize that you’re wrong.

        To recap:

        At the Apple Retail Locations, there is a two step process:

        1. Buy an iPhone 5 either unlocked for $650, or apply for Barclays.
        If applied and approved, Apple charges a card for $650 – $99 (downpayment) and you’re ought to pay minimum $20 a month. After 6 months of on time payments, Barclays reduces your balance by $70 which matches T-Mobile’s deal.

        2. After the phone is purchased, Apple proceeds to TAP (t-Mo activation) to setup your desired T-Mobile service plan.

        • 21stNow

          So people who pay cash pay more than those that pay with credit? The world is going backwards here. This is the same thing that I’m running into in the T-Mobile stores.

        • taron19119

          At the apple store u have to the down payment but at T-Mobile stores u can buy it wit wit the 70 dollars off all at onces u just have to give T-Mobile one month

        • 21stNow

          I’m having difficulty understanding what you are saying, taron. What do you mean by give T-Mobile one month?

          I should have clarified that I am talking about situations where the customer doesn’t convert to the Simple Choice plan, but wishes to keep his/her existing plan. This customer wants to buy the device by paying the full price upfront. The full price (for the phone that I have tried) is higher than the “full price” quote shown on the sign.

        • taron19119

          Go to a T-Mobile stores and pay full price and u will get the iphone wit the 70 dollars off

        • thepanttherlady

          I emailed David about this and he said he heard the pricing you were given was a mistake. I called my local T-Mo and was told $531.99 for the BB Z10. I reiterated that I was on the “old” Value plan and have no intention of migrating to the “new” Value plans and asked the representative if the pricing was different. I was told no.

          I wasn’t able to go this past weekend and test this theory but will definitely be doing so this weekend. I’ll let you know what happens.

        • 21stNow

          Keep me posted panther lady. I went to two different stores when I tried to buy the Z10. Both reps insisted that it would be $531.99. It was only when they rang it out through the POS terminal that the $569.99 price came up.

        • corey

          yeah you can’t do eip’s on the old value plan, just the old or new classic plans and the bridge to value discount if eligbile the retail price that’s show is usually when you do the installment. credit doesn’t change that, but old value plan customers must migrate to the new one to get the installment plan, so what you are not signing another contract.

        • thepanttherlady

          We’re not talking about EIP’s. T-Mobile’s website states the BB Z10 is $531.99 full price. When 21stNow went to purchase one, he was told it was $569.99. The reason he was given (if I remember correctly) was that the advertised full price of the phone is only for customers on the “new” Value plans.

          **ETA: If T-Mobile is stating the full price of the phone is $X, then that’s what it should be regardless of what plan you have. Period. There is absolutely nothing stating these prices (full retail) are only for new plans and that everyone else has to pay more.

        • ChitChatCat

          There is a higher “full price” if you purchase the phone without service. As long as you have a post-paid plan or a pay in advance plan of at least $50 you get the cheaper price (i.e. the $531.99 for the Z10).

        • thepanttherlady

          Where can I find this on their site?

          @21stnow do you have an account?

        • ChitChatCat

          I have no idea. I know it from store pricing.

        • 21stNow

          Yes, I have three accounts on T-Mobile (more info in my comment above).

          I know that these plans and prices are new, but we have 25 comments on this so far, just to get clarity. This is far from “simple”.

        • thepanttherlady

          You aren’t lying.

        • thepanttherlady

          Alright, just got my BB Z10 and found out the following:

          Retail price is $569.99. No, it isn’t advertised but this is the price anyone without an account or on the Classic plan would have to pay (to buy outright).

          Only Value or Simple Choice plan customers get the $531.99 price.

          Value plan customer do not have to change to the Simple Choice plans to get this price.

          You don’t have to utilize the EIP to get this price.

          Ok, I think that covers all the questions. I think it’s safe to assume that this format will be true for other phones being offered.

        • 21stNow

          Thanks for the follow-up Panther Lady! I bought mine last night at the $569.99 price. I wonder what price they would have given me if I had given the EMP number. I would think that it would have been $531.99, but I don’t know. I see that T-Mobile is still the “Let’s Make a Deal Carrier”. : (

        • thepanttherlady

          How is your Z10 doing? I’m having G2X flashbacks with the random rebooting. :( Going to take it back today to exchange it for another and hope it is just this handset.

        • 21stNow

          Hi Panther Lady! This Z10 is still doing the same thing that my first two devices (from Rogers in Canada) did. I might have to open a ticket with BlackBerry or just give up on the Z10. I haven’t had the random rebooting. My Wi-fi performance is inconsistent. I can connect to some Wi-fi networks, but not all.

          Also, there is at least one thread about the rebooting on CrackBerry.

        • thepanttherlady

          I haven’t found mine to have the Wi-fi issue. Was able to connect to home and work just fine.

          I’m not completely happy right now with this phone but am going to try and stick it out. I really want to give them a chance. Le’sigh

        • 21stNow

          Wouldn’t you know it, mine just rebooted.

        • thepanttherlady

          I didn’t do it!! :)

          Mine did too. :(

        • 21stNow

          Ahh, that’s the caveat ChitChatCat, that the PIA plan has to be at least $50. This is the first that I’ve heard of this, but would explain the problem, since I used the phone number for my $30 Monthly 4G account.

          I mentioned to the Executive Response Team that I shouldn’t have to go in and play “Let’s Make a Deal” when I want to buy a phone at the T-Mobile store. In the past, I have given my Monthly 4G number because that price was cheaper than the Value plan price (I’m not sure how it would have come up for EMP). Now, it looks like I have to give the EMP number because it’s cheaper than the Monthly 4G price. However, I was told that it would not have mattered if I gave the EMP or Monthly 4G number; the price of $531.99 was only available to Simple Choice customers.

        • 21stNow

          My concern isn’t EIP availability, as I prefer not to use the EIP. My concern is the final price that I pay for the device and the lack of clarity that I see when I go to a store to buy the device.

        • miker

          That is not what I have been told for the past two weeks by mutiple TMO people. I can keep my value plan and do the installments.

        • thepanttherlady

          That was my understanding as well but I didn’t comment because I haven’t verified that information yet. :)

        • vivi77

          ? Value plan is what started eip not the classic plan.. It even shows on my account, eip payments for phones…..

        • vivi77

          Replying to myself, lol. Called tmob. I can keep my old Value Plan and $99 down on the phone. Not sure where Corey got his info…that is the first time I seen anyone say value plans can’t pay a eip. But wanted to let old value customers know that it wasn’t true. You still have your contract, but that’s all that’s different.

        • 21stNow

          EIP started before Value plans. Even More Plus customers used to have 20-month EIPs available, while Even More customers had four-month EIPs available.

        • vivi77

          Thanks for clarifying. I had fave 5, so didn’t follow the even more plans.

        • thepanttherlady

          Just to clarify, there are no new Classic plans as they aren’t being offered any longer. Classic plans also don’t allow EIP’s unless you’re using the Bridge to Value which is migrating your lines from Classic to Value.

        • thepanttherlady

          Hi Corey,

          Just wanted to let you know I called Customer Care tonight to get clarification on the Bridge to Value and this. The rep confirmed that EIP’s are still available to use for the “old” Value plans and no migration is required. I hope this helps.

        • thepanttherlady

          Will do

        • http://www.facebook.com/moses.jc.77 Moses JC

          The problem is that we only what that price card says ….& most employees believe that is full price no matter what plan.but it isn’t … You have to ring out each phone & go past the first screen to the payment screen…

        • sean

          if you were trying to buy the z10 without eip/service the price is going to be more expensive = $570 out right.

          $532 with service… it’s $99 down and 24 installments of $18

          The out right cost for all devices is more without a plan. i would guess that it will be over $600 outright, but i’m told that we wont be selling them out unless you’re a tmo customer.

          as an example since iphones aren’t available yet….galaxy 3 is $550 with a plan, $70 down 24 x $20

          out right cost without plan is $580….not much savings but this is the reason that you’re seeing different prices at pos

          also the full price without service is not listed on our price cards, only the price with service. hope this helps

        • 21stNow

          Sean, thank you for your comment. The thing that still makes this confusing is that you say that the price without “EIP/service” is $570. I’m trying to buy without the EIP, but I already have service with T-Mobile and plan to continue it (Monthly 4G).

          The weird thing is when I tried to buy a 32GB Samsung Galaxy S III online on my Even More Plus plan, I was offered the $589.99 price, both with the EIP and keeping my current plan, and paying the full price upfront and keeping my current plan. This is the same price that I see if I check t-mobile.com without logging in. I didn’t go all the way through the checkout process to see if it would change at the last minute, so I don’t know how it would have ended up.

          I still think that it’s backwards to charge someone more who wants to pay all upfront versus paying it in installments. It almost makes me agree with the naysayers that accuse T-Mobile of still trying to lock the customers into “contracts” with these new plans.

  • Ghost79

    I see Best Buy still offer 2yr contracts when you buy new phones! Does anyone know if they’ll be switching to the new plans?

    • hinduguy

      Its looks like T-Mobile will be be dealing with T-Mobile Authorized Retail differently from the the corporate owned stores.

      Authorized Retail: will still offer two year contracts, will reduced priced phone, and plan prices will be differently from the value plan. T-Mobile needs to do this because the inventory is owned by the Retailer.

      Corp Retail: location will be value plan only.

      I hope this clears things up.

      • Ghost79

        Thanks bud!

      • LTE ZOMBIE

        Premiere Tmobile dealers offer new value plans, we just have to order the phone for the customer which is shipped next day air. but that will change soon…we are going to get inventory from tmobile corp.

  • http://about.me/daylondeon Deacon

    the only thing i’m happy about is that you can pay off the phone at any time so you don’t have to be stuck with 24 payments if you suddenly come into some extra cash to use on the phone’s payoff.

    • hinduguy

      I am sure they would be ok with people paying it off after the six months and you get your $70 credit. Its not different than carrying a balance on your credit card.

  • Whitney

    Well I am going to the apple store once my contract is up

    • taron19119

      Why when u can get the same thing at a T-Mobile store

  • Tmobile Rep

    A, B, C credit qualify for no deposit and first tier down payment for phone, the rest might qualify for no deposit, but down payment is higher, bad credit pays deposit, plus a high down payment.

    EXAMPLE

    Good credit = No Deposit and iPhone 5 for 99.99 dwn

    Decent Credit = No Deposit and iPhone 5 for 249.99 dwn

    Bad Credit = Deposit which doesn’t go toward the phone, and iPhone 5 one for 249.99

    P.S Tmobile will be selling iphone 4 49.99 down and 4S 59.99 down

    • Whitney

      What about with no credit. I have debt card so I don’t know if that counts

      • thepanttherlady

        My daughter has no credit and has to put $250 down.

      • MagicORL93

        I don’t believe a debit card will build your credit. The Decent/Bad credit pricing for the iPhone 5 is going to be $199 down.

  • James

    Wow, even T-Mobile’s iPhone 5 is cheaper than the rest!!

  • JimmieDubose

    That $99 down is bullshit…..the prices are based off of your credit…and when I was 18 I made some poor decisions with credit cards, now Tom is charging me $250 for a gs3 who knows how much the iPhone 5 or gs4 will cost me

    • thepanttherlady

      Of course the down payments are based on your credit, why wouldn’t they be?

      I completely understand your frustration, I mean $99 down is much more manageable than $250 but at the end of the day it isn’t their fault your credit is the way it is. They could say they won’t finance you at all but instead are offering an alternative to try and work with you, larger down payment and slightly less monthly payments.

      • Whitney

        If people have to pay 250 do they still have to pay that $20 a month

        • taron19119

          no you’re payments will be lowered but you still paying the same price at the end of the day

        • MagicORL93

          If you pay $250 down for the S3, your monthly payments are only $12.50 instead of $20

      • Whitney

        I have a debt card so I don’t know if I have to put down 250

      • JimmieDubose

        fuck that when I was 18 I paida 400 deposit that I never got back, and that was seven years ago. Now I have to pay a $150 migration fee just to switch plans and a deposit on the phone plus the down payment, and after all that I’m still in contract till next year….that just doesn’t make any sense…I’m definitely considering att my job offers 33% off my bill

        • thepanttherlady

          If T-Mobile is going to charge you a deposit, which are usually the smallest, what do you think AT&T is going to charge you for a deposit? O_o

        • JimmieDubose

          nothing because its going in my wife’s name lol

  • Binny Gupta

    what about the samsung galaxy s3 lte

    • thepanttherlady

      What about it?

      • Binny Gupta

        just wondering if you guys would do a post about it.
        And what software they use and if i could flash lte on this or is this a hardware new version.

        • thepanttherlady

          I seriously was waiting for a response asking if Barclays would be financing it. LOL

          David will have to answer this one for you, I’m not in the know. :)

        • Binny Gupta

          thanks for the information.

        • http://tmonews.com David

          There’s nothing to post on it yet, and no, the current S III doesn’t have LTE hardware inside so no software flashing will make it work. Sorry! I’ll post something more on the S III LTE when we know something like a release date or price.

        • superg05

          i don’t like that phone you like but according to a video posted by tmobile loyal long time customers are suppose to get an exclusive discount off the iphone 5 maybe you can write an article or post about it?

        • Camille

          Jeremy, where is this video, or what did it say?

    • taron19119

      don’t waste your money just get the Galaxy s4 you will get a better phone what a better processor

  • taron19119

    @daive can u do a post on the cellphone turning 40

  • thegirlwithpinkhair

    for all you guys on older (classic) plans that dont want to pay full price upfront, there is definitely a way to help you. go to a store or call customer care and request informatiom on “bridge to value”. they have not written off classic customers…we just have to use a different breakdown thats customer specific and not often advertised.

    • thepanttherlady

      What also needs to be disclosed is that using the Bridge to Value moves these customers off their grandfathered Classic plan and onto the new Value plans.

      Not all customers want this.

      • MagicORL93

        Bridge to Value doesn’t move lines off of their Grandfathered plans. It allows those lines to receive Value Plan pricing with a discount to their Classic plans to outweigh the additional cost of payments. While the Bridge to Value is supposed to help lines that want to prepare for a Value Plan, they aren’t being forced.

        • thepanttherlady

          For grandfathered/Classic plan customers who want to move to the Value plans without incurring a migration fee or ETF this is where Bridge to Value comes in.

          http://www.tmonews.com/2012/11/t-mobile-set-to-introduce-bridge-to-value-help-migrate-customers-over-to-value-rate-plans/

          If I’m reading your post correctly, you’re saying customers can use this option then just stay on it indefinitely (some lines on Value and some on Classic)? That doesn’t seem correct to me. Also, customers using the B2V will only get a $5 discount if they don’t use the EIP, $20 if they do.

          ETA: $5 discount on voice and $15 discount on data. Per Customer Care this is not tied into a device purchase.

        • MagicORL93

          The lines on BTV wouldn’t be on Value necessarily. They’re still on their regular Classic/Grandfathered plan, just with a $5 voice deduction and $15 off a qualifying data feature.

          If a plan has three lines on a Classic Plan, the main two staying as-is and the third line being BTV, the third line will get value phone pricing and EIP, minus the possible $20 deduction. If those two main lines never decide to switch to Value, they will stay on their Classic plan and that third line will continue to have its BTV pricing, I believe.

        • thepanttherlady

          Ok, just got off the phone with Customer Care (first time I’ve gotten someone in the states in FOREVER! Yay!!!)

          You are correct.

          Any lines not migrating to Value (lines 2 through 5) via the B2V will stay on Classic and are still eligible to upgrade handsets via Retail and 3rd party locations.

          If the customer calls in at any time regarding their accounts, if eligible, T-Mo will suggest the remaining lines migrate but the customer does not have to accept.

        • MagicORL93

          Customer Care has REALLY stepped their game up since Uncarrier. I’ve been able to find CS reps that have waived almost $500 in Migration Fees in the past two weeks. I NEVER could have made that claim in the year I worked for T-Mobile before Uncarrier. Not to mention that most departments I reach have had very clear accent speaking reps.

        • thepanttherlady

          I agree. I actually received a voicemail today from Customer Care wanting to confirm that I made the changes to my account the other day. I was a little shocked.

  • jaime

    Classification. So Only Tmobile And Apple Stores Will Be Getting Iphones? So does this mean It’s Excluding Wal-Mart, Target, & Best Buy?

    • taron19119

      Walmart Target and Best Buy will have T Mobile is iPhone but they will only be selling classic plans

      • ceegii63

        Best Buy stopped selling Tmobile Plans and Phones a long time ago

        • taron19119

          Best Buy sells T Mobile’s prepaid plans and phones

        • ceegii63

          oh snap i was thinking of Radio Shack

      • thepanttherlady

        I received an email from WalMart yesterday. Smart Talk is offering the iPhone for their prepaid service.

  • ceegii63

    QUESTION:

    if i buy an iPhone or any Phone and decide to cut my service lets say in 1 month do i need to pay for the whole price immediately or do i still pay $20/24mos and of so who then do i pay it to?

    • taron19119

      you will pay the whole price off the phone and then be done with it

      • thepanttherlady

        The OP knows they will have to pay the phone off. They want to know if they have to do it “now” or if they’ll be able to continue doing so at $20/24 months.

        • taron19119

          they will have to pay the phone off immediately to leave

        • ceegii63

          where did you get this info?

        • taron19119

          T Mobile CEO say you will have to pay the phone off and the current bill and you’re done

        • thepanttherlady

          If I pay the phone off via monthly installments I am still paying the phone off, right?

          The OP is looking for policy in writing about this so we can be clear on what is expected.

        • taron19119

          not at all cause you can not have a closed account and do the installment plan

        • thepanttherlady

          A lot of people post here with inaccurate information. I, myself, have inadvertently done this too. It is always helpful to provide links people can read to see rules, procedures etc. especially in a time of change.

          I found a link for the OP to review and posted it.

        • thepanttherlady

          Here you go:

          If you elect to cancel service, all remaining installment charges will appear on your final bill.

          http://support.t-mobile.com/docs/DOC-1674

    • thepanttherlady

      If you buy your phone with this option I would assume it would be Barclay’s and likewise for T-Mobile.

      I don’t know the answer to your other questions, hopefully someone will come along with one for you. :)

  • http://www.facebook.com/destroysall Chris Allen

    Do we still have to switch to the value plan or can us contract users get it now?

    • thepanttherlady

      Are you referring to making payments for the phone?

      • http://www.facebook.com/destroysall Chris Allen

        Yes.

        • thepanttherlady

          Old Value plan customers are on contract as well so I’m going to guess you’re on a Classic plan? If that is the case, then yes. EIP’s are only available for Value plan (old) and Simple Choice (new) customers at this time.

  • andrew

    . this is horrible. You will never get a good deal on a phone with TMobile. TMobile has done everything to expand the TMobile customer base, EXCEPT provide good coverage, consistency 4g.patheitic. Sad. Pay the extra money with At& Verizon. Your phone will work and constantly

    • RobotChupacabra

      What?

    • http://profiles.google.com/mrice.hill Mr. Hill

      T-Mobile is selling the iPhone for less than any other company. What are you talking about?

      • 21stNow

        Andrew is talking about the coverage more than the price of the phone. For the service, Andrew is even saying that it will cost more at AT&T or Verizon Wireless.

  • Saad Akhtar

    Hey david, do you know if we’ll be able to buy the 32gb or 64gb TMO versions of the iphone in the apple store? or will they be exclusively online?

    • http://tmonews.com David

      Online only, I have that listed in the pricing post, but definitely online only.

      • Saad Akhtar

        Thanks!

  • Joe

    What time tomorrow do pre-orders begin? Can we just call up and activate new service?

  • adeedew

    Iphone 5 presale tonight at midnight or? Also tmo Facebook tech says same specs as current apple unlocked version of 5 and don’t have to re-buy it if already own it? Ah just saw your tweet david cool. Seems tmo wants to keep it a secret! Weird

  • OnlineRefugee

    Financing phones is the way of the future.

    The credit (pun intended) goes to Carlos Slim’s Straight Talk, who last year first took the plunge announcing iPhone financing, e.g. From Jan to April 2013 the iPhone 5 at $25 monthly for 26 months.

    http://iphone.straighttalk.com/#videos

    Tip o’ the hat to decision makers at T-Mobile seeing the writing on the Straight Talk wall. An iPhone on payments is a hit.

    Since T-Mobile is the last carrier on the planet to get the iPhone (T-Mobile is getting the iPhone six years too late), like Straight Talk, T-Mobile had to figure out a way to entice prospective customers to go with the T-Mobile iPhone, that is, instead of Verizon’s, AT&T’s, and Sprint’s discount, subsidized offerings, and in response to Straight Talk’s attractive financing terms.

    And it does not help T-Mobile that:

    - The masses are no longer willing to sign a draconian, blood sucking, two-year contract to get any phone, much less an iPhone.

    - The market is saturated with iPhones. Everyone who has wanted an iPhone owns one.

    - T-Mobile, the last to the party, are chasing the same customers other carriers are courting.

    - The cachet and cool factor of owning an iPhone has vaporized. Blind iPhone love is gone.

    - The average Joe no longer believes that the iPhone is cutting edge technology.

    - Many people now believe the iPhone is outdated. (Many consumers shop by numbers, the bigger the number, the better the phone must be. So a 4.5″ display is the better phone. A 12MP camera is superior, etc.