T-Mobile is banking that handing over cash (well, virtual plastic) will tempt new customers to its unlimited phone plans. If you sign up using its T-Life app, you can get a $200 prepaid Mastercard.
Wireless carriers use lots of incentives to bring in new customers, from discounts on phones to introductory rates and price guarantees. Outright offering money is a less common option. Yes, there are details to navigate -- the company isn't just slipping a pair of Benjamins under the table -- but the offer is genuine. Here's how to get it.
Who's eligible to get the $200 offer
This deal is open to customers opening new T-Mobile accounts, who also have their own phone and are keeping their existing phone number. That number needs to be ported from AT&T, Verizon, Claro, UScellular, Xfinity, Spectrum or Liberty Puerto Rico.
How to get it
The key to this offer starts by installing T-Mobile's T-Life app; I couldn't find the deal on the company's web site or elsewhere. For new customers (that is, if you don't already have a T-Mobile account), install the T-Life app and scroll through the introductory offers to find the $200 deal.
T-Mobile is running a deal where you can get a $200 virtual Mastercard by switching to the carrier, as seen here in the T-Life app. Screenshot by Jeff Carlson/CNET
It requires a new phone line costing at least $45 a month (with Autopay, plus taxes and fees), which includes all of the carrier's unlimited postpaid plans, such as Essentials Saver. (Often, deals like this are restricted to higher-tier plans.)
How and when the $200 is delivered
The $200 Mastercard is fulfilled electronically and can be used to purchase items online or at retailers that accept it (such as in the wallet app on a phone via tapping a terminal).
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