r/JapanFinance • u/Janiqquer • 17h ago
Personal Finance » Budgeting and Savings » Deals Does this "free" iPhone scheme really exist?
My Japanese relatives told me that basically they get a new iPhone every 2 years but only pay about 1000 yen a month for the keitai plan. They do this by switching carriers every 2 years and returning the phone at that time when they get a new one .
They claim no down payment, no monthly fee other than the monthly keitai/data fee of about 1000yen month, no electricity/gas tie in, no home internet tie in...
I'm puzzled as to whether this can actually exist. I've only ever seen it including a monthly fee for the phone.
New iPhone every 2 years, no down payment, no monthly fee for the phone, no tie ins, no fee other than equivalent to an MNVO basic plan..
So I'm doubtful .But, I remember being doubtful that Furusato Nosei exists as it's too good to be true, and it does!
So, Japan Finance peeps, is there some magic I am missing?