T-Mobile announces new trade-in offer ahead of iPhone 5 launch

T-Mobile announces new trade-in offer ahead of iPhone 5 launch
Friday, April 12, will surely be a big day for T-Mobile. That's when the iPhone 5 will land officially on the carrier's shelves, with support for 4G LTE and all that good stuff. What's more is that T-Mobile will be offering Apple's pride and joy with its new service plans, requiring no long-term commitment. And to make the deal even sweeter, the carrier has announced a trade-in offer for existing iPhone owners.

As of April 12, customers interested in an iPhone 5 from T-Mobile will be able to get up to $120 worth of credit by trading in their used iPhone 4 or iPhone 4S. That credit can then be used towards the purchase of a new T-Mobile iPhone 5, thus essentially bringing its down payment to $0 and leaving enough money to pay for its first monthly installment. Alternatively, the money can be used for buying accessories, paying an existing T-Mobile bill, or even for getting another device.

Just to make things clear, $120 is the maximum credit amount a customer may get. The exact figure may vary depending on the trade-in value of their device.

For those who are interested in owning an iPhone 5 from T-Mobile, the smartphone has been available for pre-order for several days now. Also, here is a breakdown of the carrier's new monthly plan, which the iPhone 5 can be paired with. 

source: T-Mobile

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