Verizon just announced a three-year price lock plan, but there are caveats

Verizon just revealed a new price lock policy that guarantees certain plans won’t go up in cost for three years. This is for both new and existing customers. It was announced the day after President Trump decided to tariff the entire world, which put markets into a tailspin. Verizon didn’t specifically mention this policy, but did say that the move was intended to give “predictability” to its customer base.

However, there are some caveats. Customers have to be enrolled in one of the company’s newer myPlan subscriptions to be eligible. Also, the guarantee only covers the base charge for the rate plan. It doesn’t do anything regarding those mysterious little fees that carriers use to raise prices on the down low

🔥 BIG NEWS! 🔥 Verizon is introducing a 3-Year Price Guarantee for ALL new and existing customers on myPlan & myHome, PLUS a FREE phone with trade-in and free satellite messaging!

Learn how to save big:https://t.co/tabDgx5jgZ

— Verizon News (@VerizonNews) April 3, 2025

There’s also nothing in the fine print regarding autopay discounts, so those aren’t locked in. This could force a rate hike if Verizon decides alter the discount. Of course, the company will likely try to persuade consumers to increase the monthly bill of their own accord. This carrot usually takes the shape of a “free” phone.

To that end, Verizon announced it will be giving free phones to new and existing customers. This requires a suitable trade-in device and enrollment in a myPlan subscription. The three-year price lock also covers the company’s myHome 5G internet plans. Current myPlan members don’t have to do anything to start this price lock process. The enrollment is automatic.

This is just the latest promotion to lure customers to its myPlan subscriptions. The company recently started offering cheaper subscriptions for Netflix and Max to members. It did something similar for Google One AI Premium subscriptions. Verizon owns a minority stake in Engadget's parent company, but this didn't impact our coverage. 

This article originally appeared on Engadget at https://www.engadget.com/mobile/smartphones/verizon-just-announced-a-three-year-price-lock-plan-but-there-are-caveats-182320983.html?src=rss https://www.engadget.com/mobile/smartphones/verizon-just-announced-a-three-year-price-lock-plan-but-there-are-caveats-182320983.html?src=rss
Vytvořeno 25d | 3. 4. 2025 20:10:14


Chcete-li přidat komentář, přihlaste se

Ostatní příspěvky v této skupině

UK regulator wants to ban apps that can make deepfake nude images of children

The UK's Children's Commissioner is calling for a ban on AI deepfake apps that create nude or sexual images of children, according to a new

28. 4. 2025 13:30:17 | Engadget
The best rice cooker for 2025

By all accounts, I am a good cook. Yet in all my years, I don't think I've ever made a wonderful batch of rice on the stovetop. Overcooking, undercooking, scorching; you name it, I’ve done it. Thos

28. 4. 2025 13:30:16 | Engadget
The Last of Us season two 'The Path' recap: The calm after the storm before the storm

There’s an understandable and undeniable pall hanging over The Last of Us after last week’s shocker. And it’s the calm before the storm that’ll make up the rest of the season: Ellie and Di

28. 4. 2025 13:30:15 | Engadget
Forza Horizon 5 is on the PS5, so I no longer need an Xbox

Forza Horizon 5 is the entire reason I have an Xbox Series S. I’m not really a car guy in real life — if money, practicality and burning through fossil fuels were less of a concern, I’d ge

28. 4. 2025 11:10:13 | Engadget
Suborbital Salvage is a thrilling endless runner for Playdate that pelts you with asteroids and insults

Picture this: you’re zooming through space in a torpedo-shaped ship doing the dangerous job of salvaging material in a planet’s cluttered orbit when some giant, alien cousin of a

27. 4. 2025 23:30:22 | Engadget
Meta’s AI chatbots were reportedly able to engage in sexual conversations with minors

Meta’s AI chatbots were caught having sexual roleplay conversations with accounts labeled as underage, which sometimes involved its celebrity-voiced chatbots, according to a report from the

27. 4. 2025 21:20:09 | Engadget
Apple's newest iPad is down to its best price yet

Those looking to upgrade from an aging tablet to a new iPad should consider the new

27. 4. 2025 21:20:08 | Engadget