Change Phone Contract For Free

T-Mobile today announced that, starting October 22, it will pay off a qualifying customer's remaining eligible smartphone payments up to $1,000 via virtual prepaid MasterCard when they switch to the carrier in the United States.

Most companies charge anywhere from $150-200 to cancel your contract before you fulfill the terms. In the past I got out of a cell phone phone contract with Verizon by transferring my phone number and contract to a friend. I was able to avoid paying the $175 Early Termination Fee (ETF).

Starting today, if you didn't get the right network this year you can switch to Verizon and receive up to $650 to end your old contract.Verizon will buy out your contract and cover early termination fees and device or lease buyouts from your old wireless provider.

It's now possible to switch between carriers without paying an early termination fee. However, in most cases, you will have to put money down at some point. That's because you're likely to receive a reimbursement either through bill credits or a gift card.

If you owe your carrier money, you can still switch providers. What you'll need to do is pay off your phone before you make the jump to another provider. Depending on whether you're on a contract or a monthly plan, you may be responsible for paying termination fees.

T-Mobile Carrier Freedom. Bring your eligible device with you and we'll reimburse your remaining device payment balance when you switch from Verizon or AT&T to T-Mobile up to $800/line (up to 5 lines) via virtual prepaid card.

You'll request a switching code by text. You'll send a text to one of two numbers, depending on whether you want to keep your existing number or not. You'll text 'PAC' to 65075 to keep your old number or 'STAC' to 75075 get a new one. As well as texting, you'll also have the option to go online or ring your provider.