Verizon is offering 1000 dollars if you turn in your not-very-old iPhone, or 500 dollars if you switch from another carrier, but only if you’re on very specific plans. They didn’t name those plans in their press release, so I asked Verizon.
Here’s some background: I am a Verizon Wireless customer. I have been for years, ever since I switched away from AT&T because AT&T kept changing the definition of what “unlimited” meant, in opposition to Apple’s FaceTime calling.
I have four lines on a now-grandfathered plan, called the New Unlimited plan. (Note to branding: never name a product The New BLANK. Inevitably, it will be the old thing when you announce the next new thing.) Line access is $20 per phone, with an additional $110 for Account access.
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That $190/mo becomes about $290 at bill time, thanks to a two phones that are still being paid off (40/mo each) and a $7.99 for Disney+ that got rolled in when Verizon offered a free trial that become a billable item after trial.
Verizon recommends that I change all the plans to individual ones per line, plans that are said to cost 45, 50, 55, 60, and 65 dollars a month. I emailed their press contact, who said that the plans that are included in the promotion are named Above, Beyond, Do More, Play More, and Get More.
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They helpfully say, instead of $190/mo, I’ll pay $260 a month with the plan they recommend. The only difference in features is that the 260 has ultra-wideband 5G instead of nationwide 5G.
That is, Verizon wants me to pay 70 more dollars a month, forever, in exchange for a phone. I would not be surprised if a new plan they someday announce is called, “Pay More”.