Cricket Wireless Introduces Flexible Phone Payment Plans for the Holiday Season
Cricket Wireless has unveiled fresh phone financing options designed to make purchasing the latest smartphones easier and more affordable just in time for the holidays. These new plans simplify the application process and give customers more control over how they pay for their devices.
Overview of the New Payment Plans
When customers apply for financing, they will be directed into one of two distinct options:
- Bread Pay: This is a traditional financing plan offering eligible customers $0 down and 0% APR over 24 months. Depending on credit, APR may reach up to 14.99%.
- Progressive Leasing: A 12-month lease-to-own plan that lets you lease your device and choose to purchase it at the end of the lease. This option does not function as a loan.
“Our new phone payment plans empower customers by delivering a more accessible way to own tech," said Shailendra Gujarati, Chief Marketing Officer at Cricket Wireless.
Why This Change Matters in the Prepaid Market
Unlike postpaid carriers like AT&T, Verizon, and T-Mobile, prepaid providers traditionally haven’t offered flexible device financing options. With this new system, Cricket is stepping up, providing prepaid customers with an experience similar to postpaid plans — such as the ability to get flagship phones with low or zero down payments. This move is aimed at keeping customers loyal amid stiff competition.
Consider the Details Before You Commit
While Cricket’s new financing plans offer greater flexibility, customers are advised to review the terms carefully to understand APR variations, leasing conditions, and eligibility requirements.
