T-Mobile U.S. has announced “Jump,” their new phone trade-in program that will let customers upgrade their phone up to twice a year. The program also allows customers to replace their device in case of screen breakage, water damage, or device failure.
For a $10 monthly charge, Jump allows customers to trade in their current phone and buy a new one for the same price as a new customer would. Also, customers can trade-in their old devices without having to pay off the remaining balance due.
From the T-Mobile website:
Why would anybody want to keep you from having the phone you want at a great price? Introducing JUMP!, a revolutionary new upgrade program, only from T-Mobile.
- Upgrade to the latest smartphones twice every 12 months. Not once every two years.
- Existing customers can get the same great phone prices as new customers. Simply trade in your old phone when you upgrade.
- Protect your investment with the included Premium Handset Protection and Mobile Security.
After six months, users will be allowed to trade in their phone, (the phone has to be in working condition, with no water damage, an unbroken screen, and able to start up) and purchase a new one for the same price as a new customer. Your old installment plan will be eliminated and you’ll get charged a new one based on your new phone.
Jump also acts as an insurance plan and will cover lost, stolen, or malfunctioning phones. There will be a deductible, ranging between $20 and $170 depending on the phone and its age.
For more information about T-Mobile’s new “Jump” plan, visit the T-Mobile website. [DIRECT LINK]
