Online retailers continue to offer smartphones with prices cut down as part of the Cyber Monday deal. The Nokia Lumia 530 Windows Phone 8.1 handset is one of the smartphones being offered online with a low price tag for a limited time.

According to a Tech Times report, T-Mobile currently offers the Nokia Lumia 530 smartphone both online and at retail stores for a price of $129.76 without a contract. However, Best Buy slashes down the T-Mobile price on the Nokia Lumia 530 as part of the Cyber Monday Savings deal to only $34.99 contract-free with 4G LTE.

In the UK, the price of the Nokia Lumia 530 is also being cut down for a limited time only on Carphone Warehouse as well as Amazon. A Phones Review report confirmed the Carphone Warehouse offer on the Nokia Lumia 530 where the smartphone is currently available at £29.95 (US$47.11) on PAYG plus a £10 (US$15.73) top up.

The colour choices that are in stock at the moment are green, orange and yellow while the black smartphone model can be pre-ordered. Interested consumers are suggested to place their orders quickly because it is still unknown how long the Nokia Lumia 530 low price offer will last.

The Nokia Lumia 530, which was released back in August, features a 4-inch TFT capacitive touchscreen display with 854 x 480 pixel resolution, a 1.2 GHz quad-core Qualcomm Snapdragon 200 chipset, 512 MB of RAM, Adreno 302 GPU and Microsoft Windows Phone 8.1 OS with Lumia Denim. The handset currently boasts with the latest OS version but it can be upgraded to Windows 10 once Microsoft releases it in 2015.

The other smartphone features and specs include a 5-megapixel rear-facing camera with the capability to capture 720p video, 4 GB of internal storage capacity, a memory card slot that can expand the file storage up to 128 GB, 15 GB free OneDrive storage, 1430 mAh Li-Ion battery, microUSB v2.0 and wireless connectivity options such as 4G LTE radio, Wi-Fi 802.11 b/g/n, Bluetooth 4.0 and GPS. Consumers can choose from the available colour options of bright orange, bright green, white and dark grey.

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