If you have been trying to decide whether to switch to Verizon or not, now might be a good time to do it. Why? Well, Verizon is offering up to $650 to T-Mobile, Sprint and AT&T customers to switch over and join the network.
That money is available for every line you convert, which means that a family who has four lines could receive up to $2,600!
Of course, this cold hard cash deal does not exist without caveats.
For instance, you have to buy a new phone from the company and sign up for an installment plan to pay it off, according to CNN Money. Plus, the old phone you turn in must be worth more than $0, and the value of the trade will be applied to your Verizon bill and subtracted from the $650.
Additionally, you have to remain a Verizon customer for six months.
Oh, and the $650 only counts if you had been paying off the value of your phone every month in an installment plan with your previous carrier. If you were in a two-year contract with your provider, then Verizon will provide up to $300 to pay off early termination fees.
So switching to Verizon is a decent deal, but it is not the best one out there. Here are a few others:
T-Mobile will cover all of your costs when switching, including smartphone payments, early termination fees and any other fees your old carrier charged.
Sprint will pay off all switching costs. The company also promises to provide you service for half of what you were paying before. That’s right. Sprint will split your bill in half through 2017.
AT&T will hand out up to $300 for you to switch. This includes $100 in bill credits plus up to $200 for trading in.
However, don’t be fooled. These offers come with caveats as well. Be careful when making your decision to switch!
The good news is that all of these deals make it easier for unhappy customers to change service providers. And, carriers have ditched contracts and taken up smartphone payment plans. This has given customers more freedom!