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T-Mobile is cooking another rate hike (that’s not a price hike at all)

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While T-Mobile is usually the one that likes to mock, ridicule or simply point the finger at its wireless industry rivals for various kinds of tricks and tricks designed to squeeze more money out of consumers and deliver less value, Verizon experienced a highly unusual kind of meltdown last month, shouting the “Un-carrier” for a long line of “#TMyths” culminating in: some controversial rate changes.

Although of course it still is technically True, Magenta is apparently preparing yet another change that will likely send both the competition and its own customer base boiling with rage. According to an internal document unearthed by the ever-trustworthy folks at The T-Mo Reportthere’s another fee increase to consider if you’re considering leaving the magenta-coated vessel.
From October 1, 2022, late payment charges are almost guaranteed to increase for many customers, although the true value of your fines will continue to depend on a number of different factors. If this is an issue that you have experienced at least once in the past 6 months due to financial or memory issues, you can expect to be notified of the upcoming change by email or text between July 26 and August 4.
Of course, a late payment fee is not something you can put on or take off, so whether you like it or not, T-Mobile will begin charging “the greater of 5 percent of your applicable monthly fee or $7 if allowed under state law” in the fall when the need for such a fee arises.

While we’re certainly not talking about a small fortune (or a big increase), most late payers will have to cough up $7 instead of $5 for each delay. You can still easily avoid that with AutoPay or just by remembering to always cover your monthly bill on time, although that may not always be possible for everyone… for pretty obvious reasons.

And while T-Mobile is technically still delivering on its promise, we can’t help but feel that this move is, in a sense, even worse than an actual price hike for anyone looking to attract more money from less fortunate customers.

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