Find a cheaper 5G plan in seconds- Switch & save $600/yr

The 5 best 5G phone companies in 2024

We compared 5G phone companies with AT&T, Verizon & T-Mobile coverage: Save up to $600/yr

Share:

MoneySavingPro independently researches the products & services to bring you our recommendations. We may earn money when you click our links - disclosure policy.

Best 5G phone companies on T-Mobile

These are the top 3 plans from low-cost carriers with T-Mobile coverage to consider.

Cheap T-Mobile plan

Tello 2GB plan

Image of cell phone with Tello
  • T-Mobile coverage
  • Unlimited talk and text
  • Instant eSIM activation
2GB
data
$10/mo
5 Read our Tello review
$780 in annual savings

Best family plan on T-Moble

Mint Mobile 15GB plan

Image of cell phone with Mint Mobile
  • T-Mobile coverage
  • Unlimited talk and text
  • Instant eSIM activation
15GB
data
$20/mo*
See at Mint Mobile

*$60 for 3 Months

4.5 Read our Mint Mobile review
$660 in annual savings

Best unlimited plan on T-Mobile

Tello unlimited data plan

Image of cell phone with Tello
  • T-Mobile coverage
  • Unlimited talk and text
  • Instant eSIM activation
Unlimited
data
$25/mo
5 Read our Tello review
$600 in annual savings

How T-Mobile compares

The table below demonstrates that choosing the Tello unlimited data plan would save you $600 per year compared to buying an unlimited data plan from T-Mobile directly.

T-Mobile T-Mobile coverage at a fraction of the cost
See at Tello See at Mint Mobile
*$60 for 3 Months
See at Tello
Unlimited data
*not unlimited
2GB data 15GB data Unlimited data
$75/mo
*plus fees & taxes
$10/mo $20/mo* $25/mo
$900/yr
*plus fees & taxes
$120/yr $240/yr $300/yr
1.4 on Trustpilot
4.5 on Trustpilot
2.8 on Trustpilot
4.5 on Trustpilot
Annual savings
$780/yr $660/yr $600/yr

Best 5G phone companies on Verizon

These are the top 3 plans from low-cost carriers with Verizon coverage to consider.

Cheap Verizon plan

Twigby 2GB plan

Image of cell phone with Twigby
  • Verizon coverage
  • Unlimited talk and text
  • Instant eSIM activation
2GB
data
$5/mo*
$15/mo
See at Twigby

*$5/mo for 1st 3 Mths

4 Read our Twigby review
$750 in annual savings

Best family plan on Verizon

US Mobile 10GB plan

Image of cell phone with US Mobile
  • Verizon coverage
  • Unlimited talk and text
  • Instant eSIM activation
10GB
data
$15/mo*
See at US Mobile

*$180 for 12 Mths Service

5 Read our US Mobile review
$720 in annual savings

Best unlimited plan on Verizon

US Mobile unlimited data plan

Image of cell phone with US Mobile
  • Verizon coverage
  • Unlimited talk and text
  • Instant eSIM activation
Unlimited
data
$15/mo*
$29/mo
See at US Mobile

*30 Day FREE Trial

5 Read our US Mobile review
$594 in annual savings

How Verizon compares

The table below demonstrates that choosing the US Mobile unlimited data plan would save you $594 per year compared to buying an unlimited data plan from Verizon directly.

Verizon Verizon coverage at a fraction of the cost
See at Twigby
*$5/mo for 1st 3 Mths
See at US Mobile
*$180 for 12 Mths Service
See at US Mobile
*30 Day FREE Trial
Unlimited data
*not unlimited
2GB data 10GB data Unlimited data
$75/mo
*plus fees & taxes
$5/mo*$15/mo $15/mo* $15/mo*$29/mo
$900/yr
*plus fees & taxes
$150/yr $180/yr $306/yr
1.2 on Trustpilot
4.3 on Trustpilot
4.8 on Trustpilot
4.8 on Trustpilot
Annual savings
$750/yr $720/yr $594/yr

Best 5G phone companies on AT&T

These are the top 3 plans from low-cost carriers with AT&T coverage to consider.

Cheap AT&T plan

Boost Mobile 5GB plan

Image of cell phone with Boost Mobile
  • AT&T coverage
  • Unlimited talk and text
  • Instant eSIM activation
5GB
data
$5/mo*
$15/mo
4 Read our Boost Mobile review
$750 in annual savings

Best family plan on AT&T

Red Pocket 20GB plan

Image of cell phone with Red Pocket
  • AT&T coverage
  • Unlimited talk and text
  • Instant eSIM activation
20GB
data
$25/mo*
See at Red Pocket

*$300 for 12 Mths

3.5 Read our Red Pocket review
$600 in annual savings

Best unlimited plan on AT&T

Boost Mobile unlimited data plan

Image of cell phone with Boost Mobile
  • AT&T coverage
  • Unlimited talk and text
  • Instant eSIM activation
Unlimited
data
$12.50/mo*
$25/mo
4 Read our Boost Mobile review
$612.50 in annual savings

How AT&T compares

The table below demonstrates that choosing the Boost Mobile unlimited data plan would save you $612.50 per year compared to buying an unlimited data plan from AT&T directly.

AT&T AT&T coverage at a fraction of the cost
See at Red Pocket
*$300 for 12 Mths
Unlimited data
*not unlimited
5GB data 20GB data Unlimited data
$75/mo
*plus fees & taxes
$5/mo*$15/mo $25/mo* $12.50/mo*$25/mo
$900/yr
*plus fees & taxes
$150/yr $300/yr $287.50/yr
1.3 on Trustpilot
1.4 on Trustpilot
3.8 on Trustpilot
1.4 on Trustpilot
Annual savings
$750/yr $600/yr $612.50/yr

Best overall value 5G company

Tello unlimited data plan

Image of cell phone with Tello
  • T-Mobile coverage
  • Unlimited talk and text
  • Instant eSIM activation
Unlimited
data
$25/mo
5 Read our Tello review
$600 in annual savings

How to choose the best 5G phone provider

What network coverage do you prefer?

Network access is a key consideration wherever you live, but especially in rural areas. Luckily, low-cost carriers operate on the same 5G & 4G LTE networks as major carriers. T-Mobile scores the highest for 5G coverage, according to an Opensignal 5G Experience Report (2023). If there is a particular network you prefer, choose an MVNO that operates on that network. Use our coverage checker to find the best cell phone service in your area.

How much data do you need?

Do you really need an unlimited data plan? The big wireless companies want you to believe so, but in reality, the average monthly cellular data consumption is around 10GB. However, if you spend most of your time at home or work on Wi-Fi, it's likely your cellular data usage will be much lower. You can choose a data plan tailored to your needs with cheap cell phone providers, meaning you can pay less if you use less. But if you do choose an unlimited data plan, be aware that high-speed data is normally capped.

Is hotspot data included?

Most carriers allow hotspot data usage but limit the amount of data that can be used via tethering. The limit depends on the carrier and plan you choose. Some carriers also offer data only plans so you can access the internet on mobile devices like iPads, tablets, and mobile hotspots when Wi-Fi's not available.

What's the monthly price?

While big wireless unlimited plans cost around $75-90 per month, the best MVNOs offer budget-friendly plans, ranging from $5-35 per month without sacrificing wireless coverage and data speeds. Watch out for hidden fees & taxes; some carriers include these in the price, and others, such as Verizon and AT&T, don't.

How many lines do you need?

With big wireless, you only get the advertised price if you buy four lines. With MVNOs, the price you see is the price you pay, even for one line. Many low-cost carriers now offer further discounts for multi-line plans.

Can I bring my own phone or buy a new device?

While the big three love keeping their customers locked into a constant phone upgrade cycle, MVNOs encourage you to bring your own phone. This means you take back control and only change your phone when it suits you. If you do want to purchase a new phone, many MVNOs offer an affordable and easy way with 0% financing over 1-2 years.

Are there any deals or promotions?

Big wireless promotions can seem good at a glance. But once you read the small print, it often leads to buying things you don't need and committing to 3-year phone contracts. Many MVNOs offer short-term introductory promotional pricing for new customers, and their pricing is much more transparent.

What perks or add ons can I expect?

Most big wireless plans include "free" TV subscriptions. Initially, these seem like a great deal. However, these usually turn into a paid subscription that is automatically added to your bill a few months down the line. A few low-cost carriers, such as US Mobile, do offer plan options with free subscription services, but we generally recommend keeping these subscriptions separate so you don't end up paying for things you don't need.

Is international calling included?

Most MVNOs offer free international calls to many countries. If this is important to you, make sure to choose a carrier that includes this.

Are there parental controls?

Some Mobile Virtual Network Operators (MVNOs) provide parental controls that allow parents to monitor their children's cell phone usage and data consumption. By using these features, you have the ability to establish limits on data usage, limit access to specific apps or websites, and even keep track of your child's whereabouts. These capabilities are accessible either through subscription plans or can be adjusted in the settings of your mobile device.

Check out our cell phone plan comparison to ensure you find the best deal.


Find the best cell phone service in your area

Cut your phone bill by up to $600/yr
Find a cheaper plan in seconds
Same coverage - switch instantly

Compare the cheapest 5G phone plans

Carrier Data Monthly Price Annual Price Savings
Tello 2GB $10/mo $120/yr $780/yr See at Tello
Mint Mobile 15GB $20/mo* $240/yr $660/yr See at Mint Mobile
*$60 for 3 Months
Tello Unlimited $25/mo $300/yr $600/yr See at Tello

5G providers FAQs


5G plan guides

Related Content

Phone plans guides
Best 5G cell phone plans in 2024
18 min read
Feb 15, 2024
Best bring your own phone plans in 2024
18 min read
Feb 15, 2024
Best cell phone plans in 2024
18 min read
Feb 15, 2024
Best cell phone plans for seniors in 2024
18 min read
Feb 15, 2024
Best cell phone plans for students in 2024
18 min read
Feb 15, 2024
Best cell phone plans for two in 2024
18 min read
Feb 15, 2024
Best phone plans for one in 2024
19 min read
Feb 16, 2024
Best prepaid phone plans in 2024
18 min read
Feb 20, 2024
How much could you save?
Calculate your savings now
Same coverage - cut your bill by up to $600/yr
Women floating over network logos
Find a cheaper plan in seconds
Switch in minutes