When that moment arrives, the iPhone Upgrade Program simply won’t be an option anymore. There’s also a carrier catch that longtime iPhone Upgrade Program customers never had to deal with. Leasing an iPhone through Apple Upgrade requires picking a plan from AT&T, Verizon, or T-Mobile, and prepaid plans don’t qualify. The old iPhone Upgrade Program was, for a lot of people, the cleanest way to always have a current iPhone without thinking too hard about financing. Either way, nobody currently enrolled in the iPhone Upgrade Program needs to act today.