The next time you’re shopping at Walmart to pick up pretty much anything you’d ever need in your life, don’t pass up a trip to their Straight Talk kiosk if you’re in the market for an iPhone 5 with no contract as the company announced it’ll start offering just that very soon.

Starting on January 11, the iPhone 5 will be available on Straight Talk’s $45 no contract unlimited talk, text and data plan, which the company says will save the average consumer $950 a year when compared to conventional contract plans that have similar unlimited plans. Not only that, but the iPhone 4 will also be made available to pick up as well.

The 16GB iPhone 5 and 8GB iPhone 4 can be picked up for $649 and $449, respectively, although customers purchasing either iPhones with their Walmart Credit Card can receive a fixed special financing plan of $25 a month.

Filed in Cellphones. Read more about Apple Inc, iPhone 4, iPhone 5 and walmart.

Key SpecsiPhone 5iPhone 4
Display Diagonal4"3.5"
Processor/Soc NameA6, 2-core, 1.3 GHzA4
Street Price (Approx)~ $549
Search low iPhone 5 price (Amazon)
Max. Total Storage Capacity64 GB32 GB
Megapixels8 MP5 MP
Battery Capacity (mAh)1440 mAh1420 mAh
Complete product dataApple iPhone 5 Full specs and detailsApple iPhone 4 Full specs and details
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