For those in the market for an iPhone 3GS, or if you STILL cannot find an iPhone 4, Virgin Mobile is offering a $50 bill credit on all new 8GB iPhone 3GS activations, making the device cost $49.00 on a 3-year term.

$50 Bill Credit

To qualify for the credit, the following requirements must be met:

• Customer must be new to Virgin Mobile
• Must activate on any 3-year Smartphone Combo plan

If you start a new 3-year Smartphone Combo plan with Virgin Mobile, at the retail location you pay $99.00 for the device. On your first or second invoice, you will receive a $50.00 credit.

At this time, there is no expiration date for this offer. The promotion is on-going until further notice.