Sprint has expanded the availability of its “iPhone for Life” leasing program to the Samsung Galaxy S5 and S5 Sport. Beginning today, new and existing customers can get an S5 or S5 Sport (16GB model) for $0 down and $20 per month via the Sprint Lease program.
Customers lease the phone for 24 months. At the end of the 24-month period, customers can turn in their GS5 or GS5 Sport for a new device; purchase the GS5 or GS5 Sport for the remaining balance; continue leasing the phone on a month-to-month basis; or return the device and terminate their service. Existing Sprint customers who lease a GS5 or GS5 Sport between now and January 15 will receive a $15 monthly bill credit.
The loyalty credit applies to those Sprint customers on Unlimited My Way, My All-in, Simply Everything, and Everything Data (Share) plans. Sprint didn’t say how long the service credit will be applied to customer bills.