If you’re looking to cut down on your monthly cell bill, you may want to switch to T-Mobile. Starting at just $140 per month, its new Better Value family plan is already cheaper than some competitors. Plus, it comes with a range of free services and benefits that can save you up to $1,000 per year compared to AT&T or Verizon.

It’s important to note that you need at least three lines of service to be on this plan. If you’re switching from another carrier, you’ll need to port in at least two existing numbers. T-Mobile is also offering a five-year price guarantee, so you don’t have to worry about unexpected costs down the line.

In addition to unlimited 5G data and 250GB of hotspot data every month, the Better Value family plan comes with all kinds of other benefits. You’ll get T-Satellite for free, which uses the Starlink network for unlimited texting and data on specific apps. Other benefits include 30GB of data while abroad in over 215 countries, as well as a free Netflix and Hulu subscription.

Why this deal matters

The benefits you get with T-Mobile’s new Better Value family plan can save you more than $1,000 per year compared to AT&T and Verizon. You can only sign up for a limited time, however, so take advantage of these savings while you can.