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.