Everyone can get a free phone on us! Plus switchers receive an additional $300 gift card. Online only. Applies in cart. Limited Time offer. | Details
Details Get a $300 Verizon e-Gift Card on us, when you complete the smartphone purchase from your cart. You’ll be able to redeem a $300 Verizon e-Gift Card in My Verizon or vzw.com/myverizon after placing your order. You must submit for redemption within 60 days of order. Your reward will be sent via email within 8 weeks after receipt and validation of claim to the submitted email address. If service is canceled or device is returned, claim will be invalid. We reserve the right to charge the amount of the Verizon e-Gift Card to your Verizon Wireless account if, within 12 months, service is canceled, price plan changes from an eligible unlimited plan, or the line is connected to a device payment plan regardless of whether the new device is activated. A suspension without billing will add the time you are suspended to your 12 month chargeback window. Add’l terms apply.
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How Do Device Payments Work?
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1:29
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Watch this video for an overview of how device payments work.
When you purchase a device with a device payment agreement, the retail price of your device is divided into monthly installments.
So, a phone that retails for $799.99 stretched out over 36 monthly device payments would be around $22 a month.
In the past, committing to a 2-year service contract in exchange for a discounted phone was the norm.
But now, you're not locked into a 2-year service contract. This means there are no early termination fees, and there are no finance charges associated with paying for your device in monthly payments.
And when you're ready for a new device, you have the flexibility to pay off the remaining balance of your current device anytime you want. Plus, if you use our Device Trade-in program, you can get savings by trading in your old device in good, working condition!
Here are a couple of other things that are good to know about purchasing a new device:
A one-time $35 charge applies when activating or upgrading to a new device.
If you want to return or exchange a device, you must do so within 30 days of purchase and a $50 restocking fee will apply*.
It's always a good idea to have an equipment protection plan to protect your investment.
You are personally responsible for the device payments even if the phone is lost, damaged, stolen or given away.