Ting will pay you to switch carriers
Ting is offering to pay your early termination fee if you switch to this smaller carrier
Have you been wanting to switch carriers but been scared off by the early termination fee? Well, the no-contract carrier Ting is trying to get you to switch by offering to pay your ETF.
Ting made our list of best prepaid plans because it offers a no-nonsense approach to choosing how many minutes, texts and data you want. It uses Sprint's network to deliver service and it offers 3G and 4G LTE services.
In a blog post, Ting explains that it will kick off its ETF payoff promotion Feb. 1 and it will offer up to $350 per line for anyone who switches over. Ting won't be paying off the ETF directly though, as it will provide those who switch a $350 credit toward Ting services.
Ting offers you service without a long-term contract and you can pick out a specific plan that will serve your needs. The cool thing is that if you don't use all your allotted texts or minutes in a month, those will roll over to the next month. If you happen to go over your limit for that month, you're charged the standard fees -- no overages.
It's still tough for Ting because the no-contract service also means you're going to have to shell out a lot for the handset. For example, a Galaxy Note 2 on Ting's network will cost $625. Also, since it's based off Sprint's network, the devices may not be as easy to take to other carriers or to overseas carriers.
Still, Ting is trying to make a big push with fair pricing and an emphasis on customer service. I expect paying for numerous cancellation fees will be quite attractive to consumers.