Verizon just revealed a new price lock policy that ensures sure plans gained’t go up in price for 3 years. That is for each new and present clients. It was introduced the day after President Trump determined to tariff the entire world, which put markets into a tailspin. Verizon didn’t particularly point out this coverage, however did say that the transfer was meant to present “predictability” to its buyer base.
Nonetheless, there are some caveats. Prospects need to be enrolled in one of many firm’s newer myPlan subscriptions to be eligible. Additionally, the assure solely covers the bottom cost for the speed plan. It doesn’t do something relating to these mysterious little charges that carriers use to raise prices on the down low.
🔥 BIG NEWS! 🔥 Verizon is introducing a 3-12 months Worth Assure for ALL new and present clients on myPlan & myHome, PLUS a FREE cellphone with trade-in and free satellite tv for pc messaging!
Discover ways to save huge:https://t.co/tabDgx5jgZ
— Verizon Information (@VerizonNews) April 3, 2025
There’s additionally nothing within the advantageous print relating to autopay reductions, so these aren’t locked in. This might power a price hike if Verizon decides alter the low cost. In fact, the corporate will doubtless attempt to persuade shoppers to extend the month-to-month invoice of their very own accord. This carrot often takes the form of a “free” cellphone.
To that finish, Verizon introduced will probably be giving free telephones to new and present clients. This requires an appropriate trade-in machine and enrollment in a myPlan subscription. The three-year worth lock additionally covers the corporate’s myHome 5G web plans. Present myPlan members don’t need to do something to begin this worth lock course of. The enrollment is automated.
That is simply the newest promotion to lure clients to its myPlan subscriptions. The corporate not too long ago began providing cheaper subscriptions for Netflix and Max to members. It did one thing comparable for Google One AI Premium subscriptions. Verizon owns a minority stake in Engadget’s mother or father firm, however this did not impression our protection.
This text initially appeared on Engadget at https://www.engadget.com/cell/smartphones/verizon-just-announced-a-three-year-price-lock-plan-but-there-are-caveats-182320983.html?src=rss
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