Does Verizon offer 2 year contracts?

Does Verizon offer 2 year contracts?

Every two years, Verizon offers existing contract customers the opportunity to upgrade with what is essentially a $200 voucher to spend on whatever new smartphone they want.

What does a 2 year contract with Verizon mean?

It’s either a 2 year agreement that you have to pay monthly for the cellular plan, like they used to be on phones (your locked in) OR it could be a 2 yr payment plan that breaks down the price over that period (not locked in).

What is 2 year contract pricing Verizon?

The two-year contract lets you buy an expensive phone (say, the $649 iPhone 6) for a seemingly inexpensive, subsidized price ($199). Naturally, however, the cost of the phone is baked into your monthly fee, and by the time two years have passed, you’ve paid the full price for the device.

Can I cancel a phone line if its on a 2 year agreement Verizon?

You can cancel a line of Service within 30 days of accepting this Agreement without having to pay an early termination fee as long as you return, within the applicable return period, any equipment you purchased from us or one of our authorized retailers at a discount in connection with your acceptance of this Agreement …

Why does Verizon want you to pay monthly?

Besides the ability to upgrade at any time once the device is paid off, monthly device payments give you the following benefits compared to an old-fashioned service contract: You’re not locked into a two-year service contract. There are no early termination fees or finance charges.

Do you have to have a contract with Verizon?

New customers, and existing subscribers without contracts, won’t have the option. Subscribers under contract can also move to one of Verizon’s new plans, but if they do, they’ll forever lose the ability to sign a two-year agreement. Verizon’s new plans offer many advantages over its standard two-year contracts.

When did Verizon get rid of 2 year contracts?

2015
While Verizon did away with two-year contracts for new customers back in August of 2015, existing customers were able to re-purchase two-year contracts when upgrading their smartphones. That option is no longer available, and customers will be transitioned to device payment plans as their contracts expire.