T-Mobile’s hot new offer aimed at winning over Verizon customers | Official Website of Louis Velazquez, entrepreneur, finance guy and tech innovator

At a live event this week, T-Mobile recently celebrated a milestone. Company leaders announced that the “un-carrier” was “officially” the Best Mobile Network in America.

The company wasn’t just claiming this title for no reason, either. It was referring to a study conducted by Ookla, which a press release on the news described as a “global leader in connectivity intelligence.”

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In light of this honor, T-Mobile has apparently decided it wants to give more people the chance to experience its amazing connectivity. Specifically, the company wants to lure over Verizon customers and convince them that T-Mobile is really the better option.

To achieve that goal, T-Mobile added a new deal targeted at Verizon customers.

The new deal offers so many perks that it may actually convince more than a few Verizon users to actually make the switch, especially given that Verizon is already facing a mass exodus, with the company’s recent earnings showing a loss of 289,000 post-paid customers in the first quarter of 2025.

That’s the worst result the company has had in its long history.

Image source&colon; Anna Moneymaker/Getty Images

Will this T-Mobile deal convince you to make the switch?

T-Mobile announced its new offer at the same live event where the company said it had taken the honor of having the best network.

The offer is called Easy Upgrade, and while the advertising and hype surrounding it is specially aimed at capturing Verizon users, it’s actually open to people with phones from multiple different carriers, including, among others:

AT&T
Spectrum
US Cellular
Xfinity

The deal is that you get to come over to T-Mobile from Verizon or one of these carriers, and T-Mobile will pay off any remaining device payments with your current phone provider.

Device payments have become a way of essentially locking users into contracts because people can’t leave their carrier until they pay off the money they owe for their phone. However, T-Mobile is changing that by helping current Verizon customers avoid a big bill if they make the switch.

Specifically, T-Mobile will provide a prepaid MasterCard to cover the outstanding balance due on your device.

T-Mobile will pay for you to eliminate your balance on up to four separate device payments that you have, providing as much as $800 per line. T-Mobile will also pay for your early termination fees if Verizon or your other carrier charges them.

The unusual part of this offering – and part of what makes it so good for consumers – is that you don’t have to trade your own phone in to get the benefits. And, not only do you get to keep your existing device, but you’ll also get a new free phone from T-Mobile, too.

There’s more to the deal than meets the eye

T-Mobile makes switching simple with this plan. Of course, you’ll have to provide proof of your balance due on your current phone, and show that you have at least a 90-day history of being in good standing with your current phone provider.

Once you have provided the proof, you’ll get a Mastercard prepaid card within 15 days, at which time you can pay off Verizon (or whoever else you’re switching from).

Even though you got to keep your old phone under the terms of this deal, T-Mobile will also still give you an iPhone 16 Pro at no upfront cost and with no trade-in required – although this “free” phone will come in the form of 24 monthly bill credits, which means you’ll be locked in for two years.

More Retail:

To qualify for the iPhone 16 Pro, you’ll need to sign up for T-Mobile’s costliest plan, the Experience Beyond plan. However, other discounts on phones are available for those who sign up for cheaper plans – you just won’t get the 16 Pro.

Still, this is a pretty impressive deal, so if you’ve been thinking about jumping ship from Verizon, now may be the time.