Sprint announced today that it’s now offering the Samsung Galaxy S5 and S5 Sport through its Sprint Lease program allowing customers to get the device for $20 monthly payments over 24 months.

Beginning Friday, Oct. 31, new and existing customers and businesses can acquire Galaxy S 5 and Galaxy S 5 Sport for $20 per month (excluding taxes and fees) through Sprint Lease… The new Sprint Lease allows customers to lease a 16GB Galaxy S 5 or Galaxy S 5 Sport for $20 a month for 24 months. Qualified customers pay zero out of pocket at lease signing for the phone

Following the 24 month lease period, customers will have the option of either handing in the device and leasing another at $0 down, purchasing the leased device outright, or continuing leasing on a monthly basis. You can also hand in the device and cancel service if you wish.

Sprint also has a promotion through Jan. 15 that will let users get a $15 monthly credit making a leased Galaxy S5 only $5 a month. The offer is available to those with Unlimited My Way, My All-in, Simply Everything and Everything Data (Share) plans. Sprint customers who participate in Sprint Lease will receive a $15 monthly loyalty service credit when leasing Galaxy S 5. After the monthly credit is applied to the customer’s account, it’s like paying $5 per month, per line for Galaxy S 5 or Galaxy S 5 Sport.”

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