Retail giant Walmart announced today that it will be offering a prepaid iPhone in its stores starting January 11th. The iPhone will run on a $45 to $60 per month no contract, unlimited talk, text and data plan from the Straight Talk reseller, exclusively through Walmart.
Walmart is also offering a no interest fixed-monthly payment financing plan for the iPhone, if purchased with the Walmart credit card. Yes, you will be able to finance an iPhone 5 with unlimited talk, text, and data through Walmart (assuming approved credit) and Straight Talk ( a TracFone brand) for a whopping $70 a month.
No word on how much you’ll actually be paying for the device after the financing has completed, though. This is a zero percent financing deal, so the $25 will never go up, and will end once the full cost of the iPhone is paid off.
With or without the monthly financing deal, the 16GB iPhone 5 will run you $649, with an 8GB iPhone 4 coming in at $449. A no contract service plan like Straight Talk’s can help save you a lot of money per year when compared with a contract plan like one through AT&T, Sprint, or Verizon. Straight Talk isn’t the first company to offer such a service for Apple’s iPhone, with Leap Wireless and Cricket doing the same this past year.
Pricing for the Straight Talk no-contract plans include:
* $45 – No Contract Monthly Plan with Unlimited Nationwide Talk, Text, and
* $60 – No Contract Monthly Plan with Unlimited Nationwide Talk, Text, and Data
PLUS Unlimited International Calling to more than 1,000 destinations in Mexico,
Canada, India, and in other countries.