AT&T Simplifies Phone Funding Plans With 12 and 24 Month Updates
Effective June 9, AT&T will change its telephony funding plans. You should now have the option to upgrade in a year or two, although the conditions are still a little confusing.
Following the change, AT&T will have two funding plans instead of the three they currently have :
- AT&T Next: This plan is a 30-month funding schedule that will allow you to upgrade to a new version 24 months later or after you pay 80% of the phone’s price.
- AT&T Next Every Year: This plan is a 24-month funding schedule that will allow you to upgrade to a new version 12 months later or after you pay 50% of the phone’s price.
Both plans require users to exchange the device they were paying for, so this is still not a big deal for those who like to leave their phone behind. While it cuts the available AT&T plans from three to two (which is technically simpler), it also deprives those who love to own their devices some flexibility. You can still make upfront payments to keep your monthly expenses down, and you can always keep your phone if you pay the full amount due over the phone. Just be sure to pay attention to the details of your situation before trading over the phone.