Buy Your Cell Phone Contract Today

If your current monthly bill is high or your service is spotty, a buyout is a fantastic "get out of jail free" card. You get a brand-new device and a fresh start with a carrier that actually covers your neighborhood.

To get the full buyout value, your trade-in phone usually needs to be in good working condition (no cracked screens or water damage).

You submit that final bill to your new carrier. They then reimburse you—usually via a prepaid Mastercard or bill credits —within 6 to 8 weeks. Three Things to Check Before You Switch buy your cell phone contract

If you plan on keeping your number, ensure your current phone is paid off and unlocked so the porting process goes smoothly. Is It Worth It?

The good news? Many major carriers are so eager for your business that they will literally . Here is how you can make the switch without breaking the bank. How the "Contract Buyout" Works If your current monthly bill is high or

You sign up for a new plan and purchase a new device (often on an installment plan).

You pay your old carrier's final bill, including the ETF or the remaining balance on your phone. You submit that final bill to your new carrier

You typically need to trade in your current smartphone to the new carrier.