Does metro have payment plans for phones

This holiday season, both Cricket and MetroPCS are offering new financing programs to customers that wish to buy expensive smartphones but don't feel comfortable laying out the full cost of the device up front. As noted by FierceWireless, the two prepaid carriers do not normally subsidize devices as traditional postpaid carriers do, which means that a smartphone such as the iPhone will cost a customer $500 or $600 when they purchase it instead of the more palatable $99 or $199 that subsidized plans offer. Both carriers are using a company called Progressive Finance to handle the loans to customers, while MetroPCS says it is also partnering with BillFloat to provide the service.

In the case of Cricket, a customer will be eligible to finance their purchase if they buy at least $200 worth of phones and accessories at one time. The plans are similar sounding to financing options that electronics stores have offered for years, but the carrier does not require a credit check — a customer that wishes to finance a device just needs an active bank account — and only asks that the customer put down ten percent of the value of the device at the time of purchase. A customer will then have 90 days to pay off the remainder of the purchase price without having to pay any interest or fees, and a full nine months to pay the full amount if they are content with paying interest on the loan. This means that a customer could walk out the door of a Cricket store with an iPhone for only $105 down, including their first month's service payment. That's significantly less than the $500 or more up front that Cricket has required in the past. MetroPCS did not reveal details about its financing options, but it's likely that they will be similar to what Cricket is offering.

A customer could walk out the door with a new iPhone for just over $100, without having to sign a contract

Cricket and MetroPCS aren't the only carriers that are giving customers more options with regards to the handling the high cost of smartphones. T-Mobile's Value Plans provide much more transparency about how much a customer is paying for their smartphone over the time that they own it. The carrier has had these plans as an option for some time and will be exclusively offering them in 2013. The Value Plans still require contracts, but they give customers a full 24 months to pay off the cost of their phone, without charging any interest to the customer. As with Cricket and MetroPCS' financing programs, once the subsidy is paid off (within nine months in the case of Cricket, 24 months for T-Mobile), the customer's monthly cost will go down. That's very different than what you get with a traditional subsidy from AT&T, Verizon, or Sprint, which still charge the same monthly fee whether you have paid the subsidy of the device off or not.

Cricket is offering the new financing program in select markets now, and will expand it to other markets next year. It's not clear if MetroPCS will be offering it in all of its stores of if it will be limited to select markets.

If you want to purchase a new phone and you don’t have the money to outrightly pay for it, there is an option to finance the phone. Financing a mobile phone allows you to pay a small down payment, collect the phone and make monthly payments to complete the payment.

Most mobile phone carriers in the United States have the finance phone purchase option.

If you’re a subscriber that wants to opt for a MetroPCS phone and you want to know if MetroPCS finance phones, this post is for you. The short answer is that. Yes. MetroPCS does finance phones. Continue reading to find out details of how the MetroPCS finance phone policy works. That includes eligibility, and how to get started.

Does MetroPCS Finance Phone?

Yes. MetroPCS does finance phones. With the MetroPCS finance phone package, a customer can purchase a phone with just a small down payment. Note that the finance phone package is available for just 4G smartphones. Also, you need to have an active checking account to qualify.  

How Does MetroPCS Finance Phone Package Work?

How the MetroPCS fiancé phone program works is that, when you apply, Metro checks to determine the type of smartphone you qualify for.

 For instance, if you qualify for $700 for your next device, you can opt for two less expensive smartphones or one expensive smartphone.

This package is similar to the T-Mobile Value plan. But the difference is that the T-Mobile plan comes with a two-year contract.  

You are required to pay an access phone between $8.95 to $17.95. The exact amount you pay depends on the billing amount you’re required to pay.

Who Is Eligible For Metros PCS Finance Phone?

Anybody can qualify for the MetroPCS finance phone package as long as you meet the requirements below.

. Have an active Social Security Number

. 18 years old

. Have a debit or credit card

. Have $1,000 a month earnings before tax.

. Be an Active subscriber.

Once you meet these requirements, you can apply for and get financed for your new Smartphone.

MetroPCS Phone Finance Payment

You pay an access fee which ranges from $8.95 to $17.95 to access the package. After you get the phone, you have 60 days to complete the payment for the Smartphone.

MetroPCS partners with a third-party Lender, SmartPay for its phone finance deal. After you apply, SmartPay carries out a credit check to make sure you are quality and the type of phone you’re eligible to get.

How To Apply For MetroPCS Phone Finance Program

There are two methods to apply for the MetroPCS phone finance program. The first option is to apply via the SmartPay website here. The second option is to apply on Metro by visiting any T-Mobile store near you.

If you sign up via the SmartPay website, make sure you go through the terms and conditions for payment on the site. It will give you an idea of the amount and time frame you are required to complete the payment for the phone.

MetroPCS Popular Phone Deals

a. $300 Off iPhone 13

The iPhone 13 is unique for its A15 Bionic processor, long battery life, and cool display. 

Metro is one of the few carriers that has a deal on the iPhone 13. You get $300 off the price of the iPhone 13 on the Metro phone deal. To get the discount, trade in your old phone for an iPhone 13, and switch to T-Mobile.

b. $200 Off iPhone 12 and 12 Pro

The iPhone 12 is unique for its upgraded camera system, 5G SIM, and cool design.

Metro offers a $200 instant discount when you switch to MetroPCS on your iPhone 12 or iPhone 12 pro. You can get the same deal on iPhone 11 if you don’t qualify for an iPhone 12.

c. Free Galaxy A21

The Samsung Galaxy A21 Smartphone was released in 2020. The phone has a 5G SIM, Mediatek MT6765 Chipset, Android 10 Operating system, and other cool features.

You can get a free Samsung Galaxy A21 smartphone from Metro by activating your line with Metro. You save up to $249.

Note that all MetroPCS phone deals are only available in-store. This means you have to visit any T-Mobile store near you.

Conclusion

So far, you know that MetroPCS has a phone refinance deal. As long as you meet the eligibility requirement, you can apply. Always go for a Smartphone within your budget because you have just 60 days to complete payment.  

Does MetroPCS do payment plans for phones?

Does Metro let you make payments?

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Does Metro do payment plans on iPhone?