Verizon is asserting a brand new worth lock coverage at this time, and the timing might be no coincidence. The corporate is extending a three-year worth assure on sure plans, each for brand new and current prospects. The announcement comes a day after President Trump unveiled sweeping tariffs, and Verizon says it’s hoping to offer prospects extra “predictability” within the present financial setting. However the high-quality print leaves Verizon loads of wiggle room.
The three-year assure covers the bottom cost in your fee plan, however not charges and taxes — and you need to be on considered one of Verizon’s newer myPlan subscriptions to qualify. Meaning Verizon can nonetheless increase your month-to-month invoice within the type of elevated charges, which is what wireless carriers tend to do anyway once they need to cost extra. They’ll additionally cut your monthly autopay discount in half, or persuade you to maneuver to a pricier plan with the supply of a brand new telephone. There are many levers for firms like Verizon to tug, even with a worth lock.
The worth lock isn’t the one new supply on the desk, although. Verizon can be throwing in a free telephone to new and current prospects. You’ll simply have to commerce in an previous Apple, Samsung, or Google telephone in any situation — and once more, you’ll must be on a myPlan subscription to take benefit. With loads of financial uncertainty forward, a trade-in deal may sound interesting. Simply ensure you learn the high-quality print so you understand what you’re entering into.