HTC has begun to offer the HTC One unlocked to customers in the US with no deposit and 0 per cent financing on its online store. The company is following in the footsteps of Motorola with the financing option for its HTC One flagship.

Customers who sign up will have to make 24 monthly payments to  the $600 cost of the handset. If you miss paying off the full-price during the two-year payment period, you'll be shelling out a whopping 29.99 per cent interest.

It can be an attractive offering for those who don't have $600 to instantly drop on a phone - as long as you plan to pay it off.

The unlocked version of the HTC One is available for both AT&T and T-Mobile networks. No new contract is required on the 32GB smartphone, just a simple SIM swap. Essentially, unlocked smartphones give you full control over the phone, but of course you won't be getting a subsidised $199 price like through a carrier.

It comes with Android 4.4 KitKat, making the unlocked HTC One an even more attractive option. The version of the HTC One offered through carriers won't be updated for another few weeks.

Any takers?