EIP Stories July 2, 2014

T-Mobile expected to start offering accessories on equipment installment plans starting July 20

According to a leaked internal T-Mobile memo, accessories being sold to eligible customers will qualify for an EIP (equipment installment plan) starting on July 20th (via TmoNews). Much more expensive smartphone accessories such as smartwatches and high-end Beats headphones are surely becoming more and more attractive to customers, and the un-carrier seemingly wants to give customers an easier way to get their hands on them.

The current EIP programs, which allow you to pay for your device typically over a period of 24 months will be coming to accessories in some form and should be presented to customers as “part of the complete solution” according to the memo. And customers may very well be enticed by the deal because that would mean that they’re able to walk out of a brick-and-mortar store with a lot of new product without having to pay much up-front.

Sadly, details on the program are still fairly scarce. While you’ll likely be able to finance a $299 Samsung Gear Two, it’s still unclear whether or not cheaper accessories will also be eligible for the program.

EIP Stories November 27, 2013

iPhone-5s5c-deals

Update: It turns out this deal doesn’t provide much of a savings in the long run. T-Mobile is raising the monthly installment from $20 to around $27, so while you won’t have to put any money down up front, you’ll still be paying off the full cost of the device over the 24 month installment plan period.

According to a leaked internal memo posted by TmoNews, T-Mobile is going to be dropping the upfront price of both the iPhone 5s and 5c to $0 down on its usual instalment plans for Black Friday. That cuts the usual down payment for the iPhone 5s down from $149 and the iPhone 5c from $49. The deal will officially kick off on Friday and last through Sunday, but the report notes that “a select number of stores will be accepting orders from Thursday evening.” After getting your iPhone for $0 down, you’ll pay around $20 a month for 24 months on T-Mobile instalment plans.

Some regionals carriers are also gearing up for big discounts this Friday. Appalachian Wireless announced it will offer the 16GB iPhone 5, 5C or 5S for a penny on contract today only and nTelos will also have the iPhone 5c for $0 on Friday. Appalachian is also advertising the penny deal for Black Friday on its site, but no word if iPhones will be included after today. T-Mobile definitely beats Walmart’s best deal with the iPhone 5c for around $45 on contract, but we’re thinking other retailers and carriers might announce iPhone discounts for Black Friday too.

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