T-Mobile has enticed customers to go to the Un-carrier for a long time. Before you switch, the company will pay off a portion of your outstanding phone payment plan balances with your existing carrier (or all of them if you’re with Verizon), as well as any early termination fines based on your last bill. Bill credit is also available based on the market value of your approved trade-in gadget.
To entice you to move to Big Red, Verizon offers a variety of trade-in alternatives. The program works by Verizon giving you a trade-in value for your current phone, which will be applied to your early termination cost for that line or phone. Big Red will cover the difference if the trade-in does not entirely cover the cost of switching.
AT&T presently does not pay all or a portion of any termination cost, but it will give you a $250 bill credit for any device you bring into your plan. This money could be used to cover any cancellation fees or device payment plans you had with your previous service provider.
All of this may sound appealing, but don’t expect wireless carriers to simply toss you a check. Carriers will usually cover the cost of your early termination fee up to a specific amount, plus an additional few hundred dollars for turning in your old phone.
Buy a phone and trade in your old one
There are a few caveats to most trade-in programs. Frequently, you will be required to trade in your old phone and get a new one from your new carrier. Consider unlocking your old phone if you want to keep it. Most corporations are making the most of the newest phones to encourage this trade-in. Most flagships are available for $0 down, and depending on the phone you’re trading in, you can get a credit of up to $300. You’ll also have to change plans and port your number.
Is Verizon going to honor your contract?
If you didn’t get the right network this year, you may switch to Verizon and get up to $650 to cancel your old contract starting today.
Did you know that “Network quality and performance” was the top one reason 87 percent of T-Mobile customers and 86 percent of Sprint customers moved back to Verizon within six months after leaving?
* In addition, in four straight National RootScore Reports conducted by RootMetrics, Verizon’s network ranked first in overall performance among national wireless service providers.
Switching to Verizon now is the best time to save up to $650 per line. Verizon will buy out your contract and cover your prior wireless provider’s early termination penalties as well as device or lease buyouts.
A family of four that has been waiting for the appropriate time to move to Verizon can receive up to $2,600 by using the incentive on each eligible line.
It’s easy to move to Verizon and save up to $650 per line by porting your number from another carrier, purchasing a 4G LTE smartphone with new device payment activation, and trading in your old device from your prior provider. For the installment plan balance less the device trade-in value, you can acquire a prepaid card worth up to $650 (or a $350 prepaid card for early termination costs less the device trade-in value). Your trade-in must be in good functioning order and worth more than $0, and the new line must be active for at least 6 months.
When switching, go to a Verizon store to have your trade-in appraised and the value applied in-store.
If you switch to Verizon and choose the XL or XXL Verizon plan, you’ll get 2 GB of additional data per month for the rest of your life, as long as your device is active on the plan. That’s enough data to last for 89 hours of web surfing, 512 hours of music streaming, or 34 hours of Google Maps navigation.
*According to a study of 2,000 respondents conducted by a renowned national market research agency in the third quarter of 2015.
Everyone has that one gift they’d like to exchange for something better: perhaps a less-than-stellar holiday sweater…or the wrong television channel. Verizon is providing wireless customers the opportunity to have no regrets this holiday season.
How much does the Verizon ETF cost?
You can cancel your Verizon account, but it will cost you a lot of money. Here’s a quick rundown of what canceling your Verizon phone plan entails.
- During business hours, 8 a.m. to 6 p.m. EST, you can cancel your Verizon phone plan by calling 1-844-837-2262.
- During the first six months of service, Verizon imposes a $350 Early Termination Fee (ETF). The termination price decreases over the life of the contract, with $10 per month for months 7 through 17, $20 per month for months 18 through 22, and $60 at the end of the 23rd month. Verizon will eliminate your early termination fee if you are moving out of the country due to military duty. They do not waive the cost if you are relocating out of the country for any other reason.
- There is no Early Termination Fee if you cancel your plan within 14 days of signing up and agreeing the Verizon agreement. That short period is effectively a “trial period.”
- If your Verizon plan offered device discounts or other incentives, you’ll likely have to pay back the value of those savings if you cancel your service early.
Does AT&T compensate ETF for switching?
AT&T is providing up to $650 in cash to entice mobile subscribers to move from their current carriers to AT&T. Customers must purchase a new smartphone from AT&T and begin a new line of service with a qualifying plan on an AT&T Next installment plan. They must also transfer their phone number from their previous provider. Then they’ll have to trade in their old smartphone. Finally, the new subscriber must provide a copy of their carrier’s final bill to AT&T.
In exchange, AT&T will pay up to $650 per transferred line. Customers’ ETF from their previous carrier will be covered up to $350, or the remainder of an installment plan on the phone will be covered up to $650. The phone’s trade-in value will be subtracted from AT&T’s payment, and the balance will be paid with a promotional prepaid card.
Is T-Mobile required to pay ETF?
Your ETFs will be paid off by T-Mobile. When you switch to T-Mobile, we’ll pay off your ETFs and device payments (up to $650) with a trade-in credit and virtual prepaid card. You’ll also never have to sign another annual servicing contract.
Which provider will compensate you for switching?
When customers transfer to T-Mobile in the United States, the carrier will pay off a qualifying customer’s remaining eligible smartphone payments up to $1,000 through virtual prepaid MasterCard beginning October 22.
Customers can move from their current carrier to T-Mobile and keep using their existing smartphone for free during the limited time deal. T-website Mobile’s contains further information, including guidelines for consumers switching from Verizon, AT&T, U.S. Cellular, and a few other providers.
Verifying your smartphone is an eligible device, submitting screenshot verification of your current device payment plan balance, obtaining a T-Mobile SIM card and picking a plan, and filing a rebate claim are all procedures on T-website. Mobile’s The prepaid MasterCard can then be used to pay off your old carrier’s remaining device balance.
A credit check and an approved T-Mobile plan are necessary, according to the fine print. Before being ported to T-Mobile, the smartphone must be unlocked.
What happens when your Verizon phone is paid off?
When you pay off your device, you keep paying your monthly fees for your speak, text, and data plan, but your monthly bill no longer includes a device payment charge. Any monthly promotional credits you’ve been receiving will be terminated. The device that has been paid off is eligible for an upgrade to a new device.
What exactly is the Verizon ETF?
You may be charged an early termination fee if you cancel while under contract. The early termination price is prorated, which means you will pay less to discontinue the subscription as time goes on. Early termination fees can be as much as $350, with the cost decreasing by $15 every month.
How can you get out of a Verizon contract?
Verizon, like most other carriers, no longer promotes its two-year contract, but if you’re in one, here’s what you need to know.
Can I cancel my contract online?
There’s no way. The only option to cancel is to visit a Verizon store or phone the company’s customer support line. Before they lose any money – ahem, canceling someone’s account – they need to be able to authenticate who you are. If you want to cancel, dial 1-844-837-2262 to reach Verizon’s cancellation line.
What kind of fees will I have to pay when I cancel my two-year contract?
There are a few elements that influence the amount of penalties you’ll have to pay if you terminate your Verizon account. How far along are you with your agreement? Was your phone purchased from Verizon? We’ll take you step by step through the process.
You may be required to pay for the remainder of the month, even though it is the first day of the new cycle, depending on where you are in your billing period.
The amount of your early termination costs will be determined by how far you are into your Verizon contract. You’ll be charged $350 at the start of your contract, though that ETF drops by $15 with each month finished.
If you cancel within 14 days after signing, you’ll be allowed to do so without penalty, as long as you return your phone in good working order. In most circumstances, you’ll be charged a $50 restocking fee, though if your customer service representative is feeling nice, you might be able to get the amount cancelled.
You’ll also be responsible for the activation charge if you don’t cancel within three days of signing.
Verizon says they have the right to refuse your device return at any moment. If you don’t return the phone and everything that came with it in the original box, they may charge you for missing components, so retain everything until you’ve at least cleared the two-week return window.
How to separate lines from a shared plan
Early termination costs apply to each line of service, so don’t cancel their lines completely if you have a few of birds departing the nest to start their own accounts. An Assumption of Liability might be requested. Instead of terminating the lines, the Assumption of Liability allows you to simply transfer their service to a new account with a different name. In the long term, this might save you a lot of money. Visit a Verizon shop or call their customer service line at 1-800-922-0204 for further information.
Will AT&T compensate you for leaving Verizon?
AT&T has unveiled a new switching offer for potential customers, promising to reimburse your early termination and device payment fees if you switch to its postpaid plans.
You can get up to $650 back for each line you move to AT&T if you’re an existing Verizon, Sprint, or T-Mobile subscriber. You must move your number and service to AT&T and purchase a brand new device on the AT&T Next early upgrade plan to be eligible.
Activate your phone on a new postpaid line and trade in your old phone for AT&T store credit or an AT&T promotion card for the trade-in value of your phone (minimum $10). After you’ve set up your new AT&T account, you’ll need to submit your prior carrier’s final statement to AT&T using this link.
If you have to pay any early termination fees or final device payments to transfer to AT&T, you’ll receive an AT&T Visa prepaid gift card in the amount you paid (minus the trade-in value of your old devices). The carrier is offering up to $650 back for each line you port, which is comparable to T-Mobile, Sprint, and even Verizon’s incentives.
Buy one smartphone, get one free
Customers who switch to AT&T can combine the trade-in offer with the company’s newly announced “buy one, get one free” smartphone promotion. If you purchase an eligible Samsung Galaxy or Apple iPhone device on AT&T Next for a new line of service or an upgrade (for existing customers), you will receive a second qualified handset from the same brand for free.
The Samsung Galaxy S6, Samsung Galaxy S6 edge, Samsung Galaxy S6 edge +, Samsung Galaxy S6 Active, and Samsung Galaxy Note 5 are among the Android devices included. The iPhone 6s is included in the offer for Apple users.
The promotion does have some restrictions: you must purchase your second device through AT&T’s Next 24 program, which stretches payments out over a 30-month period. You must also use your free phone to activate a new line of service on a qualifying postpaid plan, such as Mobile Share Value.
Customers must pay tax on both phones at the point of sale, but you will get account credit for the monthly value of the second, ‘free’ handset within three billing cycles. Reimbursement credits will be given out every month over the course of 30 bill cycles, so you might get up to $21.67 back each month (for a total of $650).
Should I switch to Verizon from AT&T?
Additionally, AT&T Wireless customers who migrate to Verizon Wireless now have two options. If you don’t want to keep your current cell phone number, you can sign up for a new Verizon service line and tell AT&T to terminate your previous one. You’ll be able to keep your current phone number and phone number. You don’t cancel your old plan until your phone number has been successfully migrated to Verizon’s network.
Above all, switching from AT&T to Verizon will provide you with better coverage and reduced costs. If AT&T doesn’t have coverage in your region, or if your AT&T plan is too expensive, switching to Verizon is a good idea. You’ll get a free phone when you transfer, depending on where you live. If your AT&T wireless number is approved for local number portability, you can keep it.