T-Mobile allows customers to buy iPhone 6s for $5/month with trade-in

T-Mobile allows customers to buy iPhone 6s for $5/month with trade-in

On Wednesday, US wireless carrier T-Mobile announced a new initiative under which it will sell tech giant Apple's new iPhones -- iPhone 6s and iPhone 6s Plus -- for $5 per month with trade-in. The new iPhones are set to hit the markets on September 25.

The new initiative announced by T-Mobile will enable customers to purchase the iPhone 6s and iPhone 6s Plus smartphones for a monthly payment as low as $5, if they trade in an 'eligible' smartphone. The deal does not require customers to make any down payment.

The eligible smartphones which customers can trade in -- to avail a $5-per-month price for the new iPhones -- include iPhone 6; iPhone 6 Plus; Samsung Galaxy S6; Galaxy S6 Edge; Galaxy S6 Edge+; and Galaxy Note 5. Any of these handsets can be traded-in by customers, provided that the handsets are in working and undamaged condition.

Other than the mentioned handsets which can be traded-in by customers to purchase the iPhone 6s and iPhone 6s Plus at $5 per month, the new promotion announced by T-Mobile also allows customers to purchase the 16GB iPhone 6s by paying $10 per month for 18 months if they trade in an iPhone 5s, Samsung Note 4, or Samsung Galaxy S5 smartphone.

Furthermore, under the new promotion, customers can also trade-in almost any other smartphone, and purchase the new iPhones for $15 per month.

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