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AT&T gives customers 30 months to pay off their phone

AT&T is rolling out a new plan this month that will give customers 30 months to pay off their smartphones.

Published onNovember 4, 2014

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AT&T has announced a new plan today that will provide customers with an additional option when it comes to purchasing a smartphone. The new plan is called Next 24, and allows customers to pay off their phones in 30 months without having to put any amount down.

The other Next plans (12 and 18) will also stay in effect, and with the introduction of Next 24, customers will have the option of 20, 24, or now 30 months to pay off their smartphone. In keeping with previous Next plans, customers will also be presented with upgrade options after 30 months, assuming their phone is still in good condition when they bring it in.

While it could undoubtedly be beneficial for many in having extra time to pay off their device, there is a bit of a downside. With the new 24 plan, customers will have a smaller monthly fee that they’ll pay for their phone. On the other hand, you would also have to wait 6 months longer to upgrade to a new device. Anyone wondering which plan is the right one for them should step back to think about if their priority is paying their phone off as quickly as possible to upgrade quickly, or if having more time to pay off the device is more important for them.

AT&T states that the plan will go into effect on November 9th, and is also offering $150 in bill credit to anyone that opens a new service line on AT&T Next.