Cell Phone Carriers That Buy Out Contracts -

While and Verizon have historically offered switcher credits, their current strategies often focus on "trade-in" credits rather than direct contract buyouts.

: Most carriers require you to trade in your old device to qualify for the buyout. cell phone carriers that buy out contracts

: Offers specific contract buyout programs for customers in Wisconsin and beyond, aimed at covering remaining carrier balances. Direct Competitor Programs Direct Competitor Programs : Provides up to $500

: Provides up to $500 per line for up to 5 lines when financing a new smartphone, or up to $300 per line for customers who bring their own device (BYOD). This offer requires switching at least two lines of service

: Offers "switch and save" incentives that can provide up to $650 per line to assist with payoff costs, though strict eligibility requirements apply. Summary of Major Offers (2026 Estimates) Max Buyout per Line Max Total Lines Payout Method T-Mobile Up to $800 Virtual Mastercard Spectrum Up to $500 Visa® Reward Card Optimum Up to $500 Virtual Prepaid Visa Verizon Up to $650 Bill Credit/Prepaid Card Important Fine Print

: Reimburses up to $500 per line for up to five lines (totaling up to $2,500) to cover combined device balances. This offer requires switching at least two lines of service.

: Features a dedicated contract buyout program to help new customers transition to their network. Note that T-Mobile recently acquired UScellular assets, though existing service agreements may continue through March 2026.