Do Switch to T-Mobile If You Like to Upgrade Your Phone
You can upgrade smartphones three times a year on T-Mobile, giving you the opportunity to switch to any iPhone or Galaxy smartphone that launches after you switch.
You only pay a monthly leasing charge with Jump On-Demand. T-Mobile employees will check your current phone for hardware defects and treat the device as a trade in. Only high-end phones, like the iPhone 7 and Galaxy S8, are eligible for Jump On-Demand upgrades. There are no upgrade fees. You can cancel the lease at any time by turning your phone in or buying out the lease.
AT&T, Verizon and Sprint offer similar upgrade plans. AT&T Next Year lets subscribers upgrade smartphones once they’ve paid off 50% of their current device’s value. Sprint’s iPhone and Galaxy promotions let customers upgrade their smartphone after 12 months of lease payments. Anyone that has paid 50% of their phone's retail price qualifies for Verizon's Annual Upgrade Program. The program only lets customers upgrade to the Galaxy S8, Galaxy S8+, iPhone 7 and iPhone 7 Plus. Each of these requires customers to trade in their old phone.
T-Mobile Jump On-Demand does have some major downsides. Customers that cancel their Jump On-Demand lease are left without a phone and the money they've spent on lease payments when they cancel early. Also, Jump On-Demand doesn't come with accidental protection. T-Mobile charges subscribers for fixing broken screens and body damage before each Jump On-Demand upgrade.
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