# T-Mobile will give you up to $800 in the form of a prepaid MasterCard to pay off your existing phone.

*business · news · 2026-05-08 · Android Central*

## Key points

- T-Mobile now offers up to $800 via prepaid MasterCard to pay off your existing phone.
- You can keep your current device when switching from Verizon or AT&T with this new deal.
- Switching from Verizon allows you to get the rebate before paying off your phone balance.
- AT&T switchers must pay off their device first before unlocking and claiming the rebate.
- Switchers accessing this deal can get the Essential Savers unlimited plan for $50 per month.

**Companies:** T-Mobile, Verizon, AT&T
**Countries:** United States

[Read the full story on Android Central](https://www.androidcentral.com/phones/t-mobile/t-mobile-deal-rebate-when-you-switch-may-2026)

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