T-Mobile slashing the prices for a couple of its prepaid plans

Prepaid mobile plans are a great option if you want to have a handle on your expenses for wireless services at all times. Now, T-Mobile is making that option even more tempting by reducing the prices for some of its prepaid plans, TmoNews tells us.

Two are the plans that got new, lower prices: T-Mobile One Prepaid Domestic Only and Simply Prepaid (also simply named).

T-Mobile One Prepaid Domestic Only includes unlimited text, talk and domestic 4G LTE data (streaming limited at 480p resolution though) with the option for a mobile hotspot at 3G speeds without any data caps on it as well. The price for a single line is $50 per month (was  $60 before), but you can also get two lines for $80, three for $110 and a family of four can have unlimited everything for only $140 a month (there’s also five lines for $170). Note that these prices don't include fees and taxes

If 480p sounds like an insult to you and you just have to watch your video content in full resolution, then the Simply Prepaid plan might be the one for you. Of course, there’s a catch, the data cap for 4G speeds is 10GB per month, after that, you’re sent back to the dark ages of 2G, good luck with that! Text and talk remain unlimited with this plan as well, but your mobile hotspot can now flex its muscles and offer the full 4G speeds you so desire, as long as you’re within the data cap. On the bright side, the price for this one is cheaper, so if you’re only streaming stuff occasionally, it will be a good fit for you. The savings are $10 across the board, meaning a single line will set you back $40 a month (was $50 before), two will be $70, three you can get for a single Benjamin while four and five are $130 and $160 respectively.

For both plans, you can add coverage in Mexico and Canada for another $5 per month for each line you want to have the extra. And if you have friends or relatives abroad that you want to call (besides Mexico and Canada), that will set you back another $15 a month.