T-Mobile offering iPhone 4/4S users a trade-up to iPhone 5


The iPhone is officially launching on T-Mobile Friday, and the carrier is offer a special promotion for current iPhone customers. The company is offering iPhone 4 and 4S owners the option to trade in their phone for an iPhone 5. The details seem basically if you turn in your old phone, you'll get an iPhone 5 for no money down. Plus, if the phone is in good condition customers can get up to $120 credit on their future bills.

Normally T-Mobile pricing starts at $99.99 for a new iPhone 5. After the trade-in customers will be on the hook for $20 monthly payments for 24 months, plus voice/data plans.

So, depending on the condition of your phone, you can get up to $220 in trade. Owners may still want to shop around for the best trade-in or even private sale, but this T-Mobile deal is another option for those looking to upgrade.

The iPhone 5 trade-in offer run through June 16.