T-Mobile will pay you $650 dollars to switch from other carriers

Capture

T-Mobile has a new plan to lure customers away from rival companies.

The carrier announced Wednesday it will pay early termination fees for those willing to switch from AT&T, Sprint, or Verizon.

Under the deal, customers can receive up to $650 in credit after trading in a phone.

That includes a maximum of $350 per line and $300 per phone.

Customers must also buy a new phone from T-Mobile.

It’s the latest move under T-Mobile’s so-called “Uncarrier” strategy, which eliminates contracts.

The deal is likely a response to AT&T’s offer to pay T-Mobile customers $450 to switch over.