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Fancy getting the cheapest 5G phone while saving up to $600 a year, per line?

At a time when all your household costs are increasing, your cell phone bill doesn't need to be one of them. At MoneySavingPro we can help you find the 5G phone you want, on your favorite network, at a much lower cost.

We've compiled a list of the cheapest 5G phones from low-cost carriers, so you can find the best phone deal at the cheapest price without sacrificing your wireless service.

Cheap 5G phone deals

Apple iPhone 13 front

Apple iPhone 13

  • 128GB storage
  • Verizon & T-Mobile 5G & 4G LTE networks
  • NEW condition
$630* $31/mo for 24 mths
See Deal

The Apple iPhone 13 has 128GB storage capacity. It includes a 6.1 inches screen and 12 MP camera. This new iPhone 13 is available from US Mobile with Verizon & T-Mobile network coverage and prices starting from $630.


  • Super Retina XDR OLED display
  • 4K video recording
  • 5G compatible
  • Improved battery
  • A15 Bionic chip


  • No design upgrade

Cheap 5G phones benefits

There are plenty of cheap 5G phones to choose from with low-cost carriers like Red Pocket Mobile.

If flexibility is important, some MVNOs offer unlocked 5G phones, so you're not tied to one carrier or network, and there are a number of other benefits to purchasing phones with low-cost carriers.

  • Save money: MVNOs like Mint Mobile offers the cheapest 5G phones while saving you up to $600 per year, per line.
  • Latest cell phones: Offering the same 5G phones as the big three, but without the three-year contract.
  • No long-term commitment: Find a selection of prepaid 5G phones from low-cost carriers giving you the flexibility of no contracts.
  • Cheap monthly payments: Many low-cost carriers offer affordable interest-free payment plans on their phones along with cell phone plans starting from only $10 a month.
  • Unlimited data plan: There's still the option of unlimited data phone plans, however unlimited doesn't always mean unlimited, so be sure to check the small print.
  • 5G compatible: If you want access to the fast 5G network, there are plenty of cheap 5G phones available.
  • Phones for seniors: Get the cheapest 5G phones for seniors with plenty to choose from whether you want a budget phone or the latest Samsung Galaxy.
  • Phones for kids: If your kid wants a 5G phone MVNOs offer the cheapest 5G phones, and for even more savings you'll find the best family phone plans with multi-line discounts.

Compare cheap 5G phone plans

Carrier Network Data Price
Tello 2GB plan T-Mobile 5G/4G Coverage 2GB $10/mo
Twigby 5GB plan Verizon 5G/4G Coverage 5GB $10/mo $20/mo
US Mobile 10GB plan Verizon & T-Mobile 5G/4G Coverage 10GB $15/mo
Mint Mobile 15GB plan T-Mobile 5G/4G Coverage 15GB $20/mo
Tello unlimited data plan T-Mobile 5G/4G Coverage Unltd $25/mo

T-Mobile vs Boost Mobile comparison

Keep your T-Mobile phone, number & coverage: Save $612 per year

Carrier Network Coverage 4G/5G Data Price Annual Cost
T-Mobile T-Mobile 4G & 5G Unlimited $75/mo $900/yr
Boost Mobile T-Mobile 4G & 5G Unlimited $25/mo $288/yr
Savings $50/mo $612/yr

Switch to a cheap prepaid phone carrier

Thinking about switching carriers? Now's a great time. Save about $600 a year by switching to one of the best MVNOs.

MVNOs - Mobile Virtual Network Operators - are cheap cell phone providers that use the same networks as the big three carriers.

The low cost carriers operate mostly online and have lower overhead, which means they can offer you cheap cell phone plans starting at just $10 per month without compromising your quality of service.

Cheap 5G phones FAQs


Whether you're looking for the latest 5G iPhone or just a cheap cell phone, low-cost carriers can save you hundreds of dollars a year.

MVNOs, like Red Pocket or Mint Mobile, offer 5G phones with cheap prepaid phone plans, often with interest-free payments over 12-24 months.

Although the major networks offer to finance over 36 months, being tied into their over-priced unlimited data plans for 3 years could mean wasting as much as $2,000!

Compare cell phone deals from low-cost carriers to find the best 5G phones at the cheapest price.

5G phone guides

Compare Smartphone Prices
MSRP: $429
$ 329 /mo *
$14/mo for 24 mths * Save $100
See Deals Full price: $429 $329
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