T-Mobile iPhone 5: Free When Trading In iPhone 4 Or iPhone 4S

T-Mobile has come up with a plan tto pressure iPhone 4 and iPhone 4s customers from AT&T, Verizon and Sprint to switch to its network. The carrier just announced a deal that could potentially drive many iPhone owners from other carriers to T-Mobile. It will allow concumser to trade in an iPhone 4 or iPhone 4S for a free iPhone 5.

The Uncarrier just announced this unique new promotion to lure iPhone users from its rivals. T-Mobile is offering a T-Mobile iPhone 5 for free to anyone who trades in an iPhone 4 or iPhone 4S. T-Mobile currently charges $99 down plus an additional $20 per month added to your bill for 24 months. It's very wise of T-Mobile to use this tactic, since consumers like things for free and especially a free iPhone 5.

T-Mobile's press release is hot off the presses:

"Phone 5 Comes to T-Mobile Friday With New $0 Down Trade-In Offer

BELLEVUE, Wash. - April 10, 2013 - Delivering on its Un-carrier promise to change how wireless is done in America, T-Mobile USA, Inc. today announced it will supplement its amazing iPhone 5 upfront pricing with a special trade-in offer when the revolutionary smartphone arrives in T-Mobile stores this Friday, April 12."

"Our message to iPhone 4S and iPhone 4 customers is simple: bring in your device and trade up to iPhone 5 on T-Mobile," said Mike Sievert, chief marketing officer for T-Mobile. "We're making it incredibly attractive to buy an iPhone 5 by pairing an un-beatable upfront price and trade-in offer with Simple Choice, the most hassle-free and affordable rate plan in wireless."

The special trade-in offer, which lasts through Father's Day on June 16, enables well-qualified customers who bring in their iPhone 4S or iPhone 4 to get iPhone 5 for $0 down plus monthly payments, with a no annual service contract Simple Choice Plan from T-Mobile. Depending on the trade-in value of their device, customers will also receive a credit of up to $120, which can be used toward monthly payments, an existing T-Mobile bill, or the purchase of accessories or another device.

Will you switch to T-Mobile if you currently are using an iPhone 4 or iPhone 4S in order to get a free iPhone 5? Let us know in the comments.

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