Last week T-Mobile announced its upgrade plan called JUMP. JUMP lets you update your phone up to every six months. Today AT&T answered with their own program called NEXT. There’s some pretty big differences with the AT&T plan and one possibly deal breaking drawback.
NEXT basically combines the functions of payment plan and upgrade plan. NEXT gives you 20 months to pay off your device. 12 months in you have the option to start over and get a new phone. There are no upfront down payments and no fees involved save state sales tax. T-Mobile makes you pay $10 a month for JUMP and a down payment up to $200. It seems like a good deal right?
There’s some drawbacks. First off, you have to be upgrade eligible. You can’t enroll in NEXT until your next upgrade. Second, it’s once every 12 months instead of every six. If you’re an iPhone customer this might actually work to your advantage. The next drawback, unlike the Lady in Magenta’s plan, this is not also a protection plan. You’ll have to get one separately or pay for damages on the phone when you trade it in. The last drawback might be the deal breaker. T-Mobile lowered their plans after moving from traditional subsidies to installment plans. NEXT has no specific plans and no associated discount. In essence, you are paying twice. Once for the subsidy that is in every AT&T plan and the installment plans on top of it.
Are you an AT&T customer? Do you plan to take advantage of NEXT? Does having to pay a subsidy and an installment plan bother you? Let us know through our Facebook, Twitter, or G+ accounts or leave a comment below.
Source: AT&T Press Release