Verizon has finally gone unlimited – and is offering new customers a limited-time trade-in deal to celebrate.
Starting today, customers new to Verizon who choose unlimited data and trade-in their old handset can take home one of the following eight big-name smartphones free:
- Google Pixel
- LG V20
- Samsung Galaxy S7
- Samsung Galaxy S7 edge
- Moto Z Droid
- Moto Z Force Droid
- iPhone 7
- iPhone 7 Plus
How it works
To qualify for the deal, you'll need to switch to Verizon from a competing carrier and port your current number to the new $80 Unlimited plan. Customers can grab any of the above devices on Verizon's two-year Device Payment Plan by trading in one of the following smartphones: the iPhone 6, 6 Plus, 6s, 6s Plus, 7 or 7 Plus; the Samsung Galaxy S6, S6 edge+, S7, or S7 edge; the Samsung Galaxy Note 5; the LG G5 or V20; or the HTC 10.
Once you've handed in your old device, and taken home your new smartphone, you'll receive the total value of your new handset back over the 24 monthly installments of your payment plan. Refunds are issued each month via a bill credit, so after your two-year payment term is up, your phone is free.
Bill credits may take up to two or three bill cycles to appear, but your new device will be fully reimbursed to you over 24 months of payments. However, be warned that if you cancel Verizon service early – or pay off your new phone before the two years is up – you'll forfeit any remaining bill credits, and be required to pay the leftover balance of your 'free' device.
If you don't have an eligible trade-in phone, you can still claim a $5 per month bill credit for any of the following smartphones: the iPhone SE, the Samsung Note 4 and Galaxy S5, the LG G4 and LG V10, and the HTC M9.
Unlimited data, at last
Verizon's trade-in deal requires new customers to move to its just-announced unlimited data plan. At $80 per month for a single line, the plan includes unlimited talk, text and high-speed data, unlimited calls and texts to Canada and Mexico (plus 500MB of 4G LTE roaming data per day in both countries), and 10GB of monthly mobile hotspot use.
Unlike similar unlimited deals, Verizon's plan includes all-HD video streaming, all the time, without the need for upgrades or add-ons. If you're a multi-line household, you can sign up for two unlimited lines for $140 per month, three lines for $160, and $180 for four lines.
Customers requiring even more lines will pay an extra $20 per month, per line, and the subscribers can connect up to ten lines to their unlimited plan. Pricing applies to both smartphones and tablets, but customers can add connected devices, such as smartwatches, for $5 per month.
However, if you exceed 23GB of fast data use in a single billing cycle, you may experience temporary speed throttling during peak traffic times. Verizon is using 'data prioritization' to 'optimize' its network, but thankfully all slowed speeds are only temporary, and usage rankings reset each month.
Verizon's trade-in promotion is available now. For more information on Verizon plans, compare below.