Sprint will now give T-Mobile customers up to $550 to switch

For months, T-Mobile‘s customer base has been on the rise, and Sprint is doing its best to keep its spot as the third largest phone carrier in the US. In a new promotion announced earlier today, Sprint will now give T-Mobile customers a minimum of $200 towards any new device when they switch to the carrier and trade in their working T-Mobile smartphone. Furthermore, Sprint is offering more ways to save for T-Mobile customers. “Eligible” T-Mobile users will receive up to $350 per line when they switch to Sprint via a prepaid or reward card. If you’re paying monthly on a phone at T-Mobile, you can use your prepaid card to pay off the remaining T-Mobile device fee. Both offers are available now, and will run until April 9th.

Sprint has provided a table to compare prices with T-Mobile, showing customers exactly how much they’d save per month. In the example, Sprint is comparing the lease price for the Galaxy S5 on unlimited data plans for each carrier. If you decide to lease the device for 24 months (which is what most customers do), you’ll see roughly a $27 per month difference in price between the two. Of course, this will vary depending on which device you choose, so this is just one example on how you can save a few bucks per month.

If you’re unhappy with your T-Mobile plan and can get Sprint coverage in your area, this may be a good option for you.