T-Mobile launched Flexpay just a couple years ago. They put it in place of deposits for customers that had less than stellar credit. When the credit check was run, it would either get approved as a regular plan, a Flexpay plan with contract or a Flexpay plan with no contract.
Flexpay customers with a contract would be entered into a regular two-year commitment. They would receive subsidized pricing on the phone, but not to the same extent as the customers on a regular plan. The only additional charge they would see on the bill is a $4.99 control charge, which could actually disappear if the account was setup on auto pay. So it was a good option for people that couldn’t afford a high deposit on one of the other networks.
If T-Mobile gets rid of the Flexpay program, then they will return to deposits just as they had before. The deposits could range anywhere between $50 and $400 based on credit. It is not known why T-Mobile is reverting back to their old ways at this time. Tell us what you think in the comments