T-Mobile will begin offering accessories on EIP, starting July 20

Screen Shot 2014-07-02 at 16.48.04

Accessories have become a bigger part of the picture when it comes to smartphone sales in recent days. Particularly when it comes to smartwatches and audio products like Beats’ headphones. But they don’t come cheap. A pair of Beats Solo HD earphones will set you back $199 at a T-Mobile retail store, or online at T-Mobile.com. Likewise, a Gear Fit will cost you the same, as will the Gear 2 Neo. A Gear 2 will make you $300 lighter. But T-Mo has plans to make it easier for you to walk out the store with some tasty accessories.

According to a leaked internal memo we received from our sources, T-Mobile will start offering accessories on EIP. From July 20th, you’ll be able to pay for your premium accessories monthly over a period of time. Typically, with smartphones and tablets, that’s 24 months.

If you take the $199.99 retail price as the example, that’s roughly $8.30 per month for 24 months. So you’ll be able to walk in, get your new phone, grab a set of great earphones or a smartwatch and walk out without paying anything up front.

We’ve not heard many specifics on this. But we’ll make the assumption that it works on the same principle as the EIP on phones. So it should be 0% interest. What we’re not clear on is perhaps a key question: Can you only use EIP on accessories when buying a phone at the same time?

We’re also unclear on whether or not there’s a minimum value for the accessories being bought on EIP. I’m presuming we won’t see customers adding $9.99 screen protectors or MicroSD card readers on to a financing agreement. But, accessories upwards of $99 would be a much more realistic price point.

It’s clear from the memo that T-Mobile wants to sell more accessories. It would sell them to every customer buying a phone if it could. Giving a customer the ability to walk out without paying anything outright for a pair of Beats could be too good for some consumers to refuse.

Tags: , , ,

  • Randall Lind

    Cool

  • moss

    Flashback from 2009 and the Even More+ days.

    • 21stNow

      I was going to say the same thing! I actually thought that it was aggravating that a $30 case would automatically be added to EIP when I bought one, though. As long as EIP is offered as a choice instead of it being automatic this time around, I guess that it is good for people who want it.

      • thatguy

        it was never required for acc. to be added on eip back when they allowed it.

        • 21stNow

          Maybe the rep that I had was misleading, then. I told him that I didn’t want to add the case to my existing EIP for the phone. He said that the system didn’t give him a choice once he put my phone number in. I paid off my EIP not too long after that, so I never had the situation again.

  • TheRPN

    Very tempting if they start selling Android Wear products.

  • Deibid

    The question is: will they blacklist the headphones or smart watch if the device isn’t paid off after X amount of months jajajajjaja

  • bob90210

    T-Mobile should offer the service plans on EIP. Instead of paying the total monthly bill every month, you can spread the payment over 24 months. If your monthly bill is $100 then you will only pay about $4 instead. Think of all the money you will save!

    • Carlo Palani Hernandez

      This could quite possibly be one of the most idiotic things I’ve seen posted lately.

      • John

        I have to agree!
        It is rather dumb to ask T-Mobile to spread one month’s worth of cellphone bill into 24 months. You have a new cellphone bill every month that you have active service.

        • bob90210

          I have made my share of dumb and idiotic statements before but I think this is a great idea. As a matter of fact, I make my dumb and idiotic statements on an EIP like system so I don’t have make up for them all at once. I spread out my smart and insightful statements over 24 months to pay back for dumb and idiotic statements I make now. It’s a great way to enjoy life now and pay only a small cost.

        • 21stNow

          I’m reminded that sarcasm is easily misunderstood on the internet.

        • John

          How did I miss the sarcasm? bob90210 was being serious and he stated that once again about how serious he really was with his response to my comment. I think you might be trying to pick a fight or something? Which is odd cause I have actually helped you before 21stNow.

        • 21stNow

          Of course I’m not trying to pick a fight. Bob’s comments (including the one below) indicate that he is being sarcastic or joking with this one. The reasoning in your comment shows how unrealistic an EIP for monthly service is.

        • 21stNow

          I’m reminded that sarcasm is easily misunderstood on the internet.

    • Nick Gonzalez

      lol

  • bensonjohnson

    The minimum purchase is $69.00.

    • CalicoKJ

      Minimum purchase or minimum price per item?

  • D_Wall__

    Moto 360?

  • Ordeith

    Some people go into debt for the dumbest things.
    Good for T-Mobile, I guess.

  • JaswinderSinghJammu

    The worst thing I have known people to get in debt for was 24″ wheels for their beater car.

    • Randall Lind

      LOL I remember that

    • monkeybutts

      I can’t drive my car with 24″ wheels till I get some new tires, I don’t know why they keep getting damaged.

    • monkeybutts

      I can’t drive my car with 24″ wheels till I get some new tires, I don’t know why they keep getting damaged.

  • jeremyvbk

    Sorry have to be the one to say it but Sprint did have this first. Hmm sounds like T-Mobile stole a good idea from sprint and tries to call it uncarrier lol

    • Richard Yarrell

      If Tmobile did steal it rest assure it will work and produce more money with Tmobile than it did with Sprint. Tmobile makes everything better period.

      • jeremyvbk

        Not really. I guess they make extra charges better too? Sprints easy pay is actually more appealing with accessories. IThey run more deals with accessories than T-Mobile did. I just got an amazing $400 speaker for $150 with a purchase of a single accessorily which I needed. Then on top of that Getting 20% off. Oh wait T-Mobile makes that better? First can’t buy that speaker at T-Mobile or one compatible st the price(not everyone included) but Sprint at least still offers Corporate discounts. 20% on Accessories can go along way.

        • Bowen9284

          We get it. You love Sprint.

        • Nurdface Gamerhandz

          umm, correct me if I’m wrong but doesn’t sprint charge $7.99/month for you to have a monthly charge limit on your account? Actually, don’t, because my mom paid it until I moved her onto my T-Mobile plan. So yes, T-Mobile makes extra charges better.

        • jeremyvbk

          Sprint charges that for you to have an account spending limit with out having an auto draft set up. You get told about this reoccurring fee up front if it is required, as well as how to avoid the fee by setting up an auto pay. And I’d be glad to pay that to actually get LTE here. Tmobile claims LTE but cant get it to cover a mile a way.

        • Nurdface Gamerhandz

          oh boy 7 mbps with >100ms latency, I’m so excited. And all of that for $110 for a single line?? Sign me up! Let me just cancel these three lines I’ve got on T-Mobile for a comparable price, as well as my tablet

        • jeremyvbk

          Or you can try 30+Mbps with 40ms ping. And I pay $45 plus taxes. And by the way its $80 for unlimited everything(non family). Better than 1000+ms WCDMA or sub 2 Mbps LTE on Tmobile

    • thatguy

      T-mobile allowed accessory installments on bills years ago. I think it almost 3 years ago when they took that option away. So not sure when sprint started it but you might be incorrect about them having it first

      • jeremyvbk

        Nope I looked it up and It clearly stated Accessories not eligible. https://t-mobile.jive-mobildotcom/#jive-document?content=%2Fapi%2Fcore%2Fv2%2Fdocuments%2F1674

        • thatguy

          and clearly you did not take the time to read what I typed. I in no way said t-mobile currently allows acc. on EIP. I stated that T-mobile did give that option years ago and then stopped it somewhere around 3 years ago. So unless Sprint has allowed this for over 5 years then they would not be the first to do such a thing.

        • jeremyvbk

          Sorry I misread the ending 3 years ago. But still sprint at least brought it back and provided a better one than what T-Mobile had.

    • Oliver Jackson

      Yeah right!!smh

  • Ashwin

    What about Jump customers ? Do they have the option to trade in the accessories after 6 months ?

    • Singleweird

      no.

    • CalicoKJ

      No, but it would be nice to at least get something on trade-in. I asked about this not long after jump came out and was told “we’ll look into that”…LOL

    • CalicoKJ

      No, but it would be nice to at least get something on trade-in. I asked about this not long after jump came out and was told “we’ll look into that”…LOL

  • BlackJu

    T-mobile Cellular, Title Loan, and Check Cashing

    • JaswinderSinghJammu

      If they started Title loans, they would become like pawn stars.

    • JaswinderSinghJammu

      If they started Title loans, they would become like pawn stars.

    • monkeybutts

      They have a credit card you can direct deposit your check into :P

    • monkeybutts

      They have a credit card you can direct deposit your check into :P

    • Matt Pankey

      You’re not being charged interest or a check cashing fee.

    • Matt Pankey

      You’re not being charged interest or a check cashing fee.

      • BlackJu

        I know, the rip-off is in the principle.

    • T-Mobile Cares

      Seriously, you are really not getting this, so pretty me help you. A phone is the third largest investment one makes behind a house and a car. You would finance accessories for both, why would you not finance your new rims or furniture, at zero down, no interest, if you could? Adding accessories to a phone purchase only enhances the experience and cost’s you minimal out of pocket. By the way, if this does not appeal to you, do not take advantage of it. To others it is a great way to get the accessories that they desire today, rather than waiting for Christmas or Hanukkah. It is a great idea whose time has come.

      • BlackJu

        No, you are not getting it. Most of their accessories are overpriced, so the value of %0 interest becomes questionable. Also, a phone is definitely not the third largest investment you will make. Hopefully, you will spend some money on education or your children’s well being. Hell, a computer is a bigger investment. You can get smartphones for 50-70 bucks now. You should not need to finance $70. Just save your money and buy it somewhere else at a lower price. This is just T-mobile’s version of a contract.

      • Mark

        You “invest” in phones and cars in the same sense that you invest in a sandwich. Neither is likely to appreciate in value; you buy them, you get use and (hopefully) enjoyment from them, and maybe you can get some trade-in value. They are purchases, not investments.

        Plus, a phone is only the third-largest purchase you’re going to make if you don’t count all the appliances in the house; refrigerators definitely cost more, and it’s not hard to find even washers and dryers that go over $1000. Plus computers, TV’s depending on the size and style, mondo stereo equipment if you’re into that sort of thing… phones slide down the list rather quickly, especially once you get past the top tier. So if that “third largest investment” line is something that the higher-ups are giving you as a talking point to use on customers, then please tweet John Legere and let him know that it’s stupid.

      • Mark

        You “invest” in phones and cars in the same sense that you invest in a sandwich. Neither is likely to appreciate in value; you buy them, you get use and (hopefully) enjoyment from them, and maybe you can get some trade-in value. They are purchases, not investments.

        Plus, a phone is only the third-largest purchase you’re going to make if you don’t count all the appliances in the house; refrigerators definitely cost more, and it’s not hard to find even washers and dryers that go over $1000. Plus computers, TV’s depending on the size and style, mondo stereo equipment if you’re into that sort of thing… phones slide down the list rather quickly, especially once you get past the top tier. So if that “third largest investment” line is something that the higher-ups are giving you as a talking point to use on customers, then please tweet John Legere and let him know that it’s stupid.

  • Nathaniel Ily Jacob-Joshua Hud

    Can we get the moto 360!?

  • JBLmobileG1

    The question I have is if say, I get the Gear 2 and I have the jump insurance, if I am using the EIP and say my watch breaks a little over a year after getting it or it gets damaged somehow… does the jump insurance cover it? I mean it’ll sick if it breaks and is no longer under warranty yet I am still paying it off but unable to use or get some type of insurance for it.

    • Singleweird

      no. insurance/extended warranty is for phones. not accessories.

      • JBLmobileG1

        They should offer insurance on anything $150 to $200. Just charge like $2.00 a month extra. $24 for two years.

        • JJCommonSense

          they’d probably have a $75 deductible… which isn’t too bad if you have to replace a damaged or broken galaxy gear 2

        • JJCommonSense

          they’d probably have a $75 deductible… which isn’t too bad if you have to replace a damaged or broken galaxy gear 2

    • Singleweird

      no. insurance/extended warranty is for phones. not accessories.

  • trife

    If you NEED to “finance” a $200 set of headphones, maybe it’s time to rethink that purchase.

    A $700 phone? Sure. But headphones? Yikes.

    • kay

      $200 with 0% finance interest over 2 years is not a bad deal. Frees your money up to go elsewhere and get a return

      • BlackJu

        I guarantee that return is less that the premium you pay by purchasing it through T-Mobile. You pay present value on the interest they would like to charge you. Derp.

        • bababooey

          There is no interest! The fact is you are wrong!

        • BlackJu

          That went right over your head I guess. It looks like you’re the ideal EIP customer.

        • Bowen9284

          Yes, most accessories are more expensive in store. However, products like Beats are going to be the same price everywhere. It’s a good deal for items like that.

        • Nurdface Gamerhandz

          Gotta think about it another way: you’re not paying interest, you’re paying everyone up to the District Manager who gets to stick their hand in the cost of that case. About 15% of the cost of an accessory in a T-Mobile store is directly commission.

  • Jay J. Blanco

    Finally I wanted to get the Galaxy Gear on EIP but noticed it wasn’t available for EIP. Just full price. Great news

  • Jay J. Blanco

    Finally I wanted to get the Galaxy Gear on EIP but noticed it wasn’t available for EIP. Just full price. Great news

  • JMF_mobile

    Shrewd marketing. They may not have service contracts anymore but if they can tie people further into EIP payments it does make leaving them for another carrier more painful nonetheless.

    • JJCommonSense

      How? You don’t have to have a contract.. .pay for your stuff outright and take your service wherever you want to go.

    • JJCommonSense

      How? You don’t have to have a contract.. .pay for your stuff outright and take your service wherever you want to go.

  • LOVE TMIO

    GREAT..WHY PAY 200 NOW WHEN I CAN DO IT IN PAYMENTS 0 APR…DUHHH

  • Bklynman

    Maybe it me,but did anyone else see the ad on here how to conceal and carry your gun?
    Does anyone else thinks it is odd to have ad for guns on blog for Tmobile? I know Cam can’t control how many ads or by what company phonemutt puts on here,but really. For guns? No I am not anti- gun or for guns either,am some place in the middle, still ad here for how hide and carry your gun?

    • 20°

      Those ads are based on your browsing activity.

      • Matt Pankey

        Lmao

      • monkeybutts

        They can get more graphic ads by visiting piratebay a lot.

    • El_Chuletas

      Jezz Relax Dorothy! who cares!

  • Bklynman

    Maybe it me,but did anyone else see the ad on here how to conceal and carry your gun?
    Does anyone else thinks it is odd to have ad for guns on blog for Tmobile? I know Cam can’t control how many ads or by what company phonemutt puts on here,but really. For guns? No I am not anti- gun or for guns either,am some place in the middle, still ad here for how hide and carry your gun?

  • JBrowne1012

    I imagine a 6 month or 12 month cap on terms for any accessories because 2 years to pay off $200 is ridiculous

    • David Lebron

      They have phones that are well under $200 and are eligible for eip for 24 months…So it’s not that ridiculous

    • dcx126

      How is it ridiculous ? It’s perfectly fine. It helps people on a budget who can’t pay out the full thing up front. Besides, if you want to pay it off quicker, then you can.

    • 21stNow

      Being ridiculous never stopped them before.

      • Nurdface Gamerhandz

        Especially on the employee facing side…. This is actually great for those of us who have been pressured hard into selling accessories more and more

  • http://about.me/daylondeon Deacon

    i like this idea.

  • http://about.me/daylondeon Deacon

    i like this idea.

  • jmariano27

    People laugh at this, not realizing more expensive accessories exist. That 200 speaker some want and can’t afford outright. How about the $400 Bose system for your phone, some want but can’t afford. This is a Damn good idea. Especially, if they add the right accessories.

  • jmariano27

    People laugh at this, not realizing more expensive accessories exist. That 200 speaker some want and can’t afford outright. How about the $400 Bose system for your phone, some want but can’t afford. This is a Damn good idea. Especially, if they add the right accessories.

    • 21stNow

      A better idea is to only buy things that you can afford.

  • Michael

    good I can get the android wear device of my latest tech dream.

  • GinaDee

    I guess this will prevent churn.

    They traded contracts for keeping their customers forever in debt and afraid to leave otherwise be responsible for the entire balance all at once.

    Genius yet shady move.

    • Tmoemployee

      Way to keep it negative..

    • od312

      9 likes? You guys are AMAZING. I guess you’d rather put it on your credit card and pay interest??

      • 21stNow

        You can just pay cash up front. That is still legal in the US.

        • od312

          You’re missing the point, smart one

        • 21stNow

          OK, please share the point with me.

        • od312

          Hahaha. Really? Go get a job, join a gym, something. Anything beats trolling ;) bye now

        • thepanttherlady

          @21stNow:disqus is a long time commenter here and definitely not a troll.

        • od312

          So, you consider his current comments upbuilding?

        • 21stNow

          That would be “her” comments. Your comments seem to be more on the attack of not only posters, but those that show agreement by clicking the vote-up option. My comment simply pointed out that there are more options than EIP or credit cards, both of which put a person further into debt.

        • od312

          Who am I attacking? You both are too funny. Everyone knows cash is an option. I feel you’re being overly negative about another great option, given to people who want to spend their money with T-Mobile at 0% interest. That is all. Have a splendid day!

        • 21stNow

          Your comment only mentioned credit cards and paying interest as if that were the only choice besides EIP. If you realized that paying cash were an option, then your comment was at best unnecessary and at worst, an attack.

        • od312

          Great! Have a nice day. Smile!!

        • od312

          Her* happy? Lol hahaha

  • Peter Smith

    I think this is a grand idea. I mean I’m always trying to keep cost down from month to month and I love options. I would love a pair of Beats Headphones but guess what…I am not forking out $199.00+ just for it thus I use my $10.00 Sony headphones. I would be the first one in the store if this is true.

  • Randall Lind

    What great is your can get your phone and watch or headphones etc for one low price. I am waiting on the Samsung OG900 headphones to come out.

  • selena

    This is true. I was in T-Mobile 2 days ago to pick up the note 3 and a tablet. The person told me there going to start putting payment plans on accessories. At first I just thought screen protectors and such. But never thought of smart watches. I’m excited for this to come out.

  • doodle

    JUMP! On EIP accessories? Shouldn’t there be some insurance like when you get a car…or a phone?

  • Kevin

    Why would you need to finance a headphone??? Furthermore, WHY THE HELL WOULD YOU NEED A $200 HEADPHONE???

    • Jesse James

      umm do you watch TV? Beats headphones are everywhere. You pay $200+ for the status symbol .

      • Kevin

        but why? with $200 that headphone better comes with air conditioning…

  • Allen Enriquez

    Finally! Ooohhh I’am buying me a smartwatch, Beats audio, Beats speakers, bring it T-Mobile US.

  • jRi0T68

    No matter the cost, buy anything but Beats or Skullcandy. Buy AKG, Sony, Sennheiser, Shure, Westone, Audio Technica, JVC, etc. Just do your homework, and don’t buy Beats. They are inferior audio.

  • thetreadhead

    with all the talk about smartwatches and all that, why the shock that tmo would take a $200+ accessory and put it on eip? it just makes since when a consumer can finance their $700 device with a $200 smartwatch.