T-Mobile says you can get a new phone for free with its latest plan — how it works

In an era when everything feels spendy, we're looking for ways to keep costs low. At the same time, life has essentials that come with steep prices.

A phone, for example, is something most of us can't live without but comes with a high upfront cost. Instead of worrying about the upfront cost, T-Mobile is offering a new way to get a phone in hand without spending a lot of money.

Opens in a new window Credit: T-Mobile T-Mobile EIP Flex 36   Shop Now

The new T-Mobile EIP Flex 36 financing option means you can leave with a new phone while paying $0 out of pocket. Plus, it comes with 0% APR during its launch for well-qualified customers. You can select EIP Flex 36 at checkout to see the full breakdown of device costs, taxes, and fees, including what's due at checkout and what the monthly payments will amount to. The payment plans cover a 36-month period, lowering payments to make bills more manageable.

The EIP Flex 36 plan applies not only to phones but also to watches and tablets. Well-qualified customers can snag the new lineup of Samsung Galaxy devices thanks to the new T-Mobile program.

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Depending on qualification status and grabbing the initial 0% APR offer, customers are in line for a no "catch" offer, but simply paying off a device over 36 months instead of one initial lump sum. T-Mobile mentions that qualification depends on your credit, and APR rates range from 0% to 24%.

For those who've been eyeing a new phone but have been concerned about the initial costs, check out the new T-Mobile EIP Flex 36 financing program. We also have the new Apple Upgrade program to help ease cost pain.