What's the catch with Virgin Mobile's Beyond Talk Plans?

How the heck does Virgin Mobile keep its prices so low? Is there a catch to Virgin Mobiles low plan costs?

I'm thinking of getting the iPhone 5, and from what I see, you're paying for the whole phone upfront, but you only have to pay $35 a month for unlimited text and data and 300 mins (I rarely even use 100 mins), but I don't wanna get anything that will make me worry financially. So is it really as simple as it sounds?

Pay for the whole phone cost ($550, so you actually get $100 off from the original $650) and pick a plan of $35,$45, or $55 a month, and it's contract free.

Oh, one more thing, how can virgin mobile also provide an iPhone 5 for such a low cost, $100 off its competitors price? Is it because you have to pay for the total cost upfront instead of over the course of 2 years?

It is very simple, and I would recommend it for a user like you, but here's the catch: The data gradually slows down.

Sure it is technically unlimited, but after about 2.5 GB your data will be noticeably slower.

However, this won't stop me from getting a new VM phone in the coming months.

Really, 2.5 GB is a great deal for the price.

And yes, the discount is because you are paying for the phone upfront. (Think of it like no interest)

Hope This Helps!