Verizon Wireless will now pay up to $650 per line if you sign up for a new smartphone plane and trade in your old phone from a previous carrier.
The cellular provider, the last of the big four to offer this type of deal, will even throw in two extra gigabytes of data per month, if you sign up for 12 GB or more a month.
Verizon is offering the massive payout on up to ten lines of service, that could mean $6,500 for a large family who jumps over to Verizon.
There are some stipulations:
- You have to buy a new phone from Verizon and sign up for an installment plan to pay it off over time.
- The old phone you’re trading in has to be worth more than $0, and the value of the trade-in will immediately be applied to your Verizon bill (and deducted from the $650).
- You have to stick with Verizon for at least six months.
You also have to be paying off the value of your phone each month in an installment plan with your old carrier. If you were under a two-year contract with your current provider, Verizon will give you up to $350 to pay off your early termination fees.
If you were under a two-year contract with your current provider, Verizon will give you up to $350 to pay off your early termination fees.
That deal might sound great but Sprint will cut your bill in half compared to your last carrier through 2017.
T-Mobile will cover your early termination fees, the balance of your smartphone payments or whatever other fees your old carrier charges you.
AT&T offers $300 for switching along with $100 in bill credits plus up to $200 for a trade-in.