Verizon simply introduced a three-year value lock plan, however there are caveats

Verizon just revealed a new price lock policy that ensures sure plans gained’t go up in value 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 offer “predictability” to its buyer base.

Nonetheless, there are some caveats. Clients must 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 telephone with trade-in and free satellite tv for pc messaging!

Discover ways to save large:https://t.co/tabDgx5jgZ

— Verizon Information (@VerizonNews) April 3, 2025

There’s additionally nothing within the nice print relating to autopay reductions, so these aren’t locked in. This might drive a price hike if Verizon decides alter the low cost. After all, the corporate will seemingly attempt to persuade shoppers to extend the month-to-month invoice of their very own accord. This carrot normally takes the form of a “free” telephone.

To that finish, Verizon introduced will probably be giving free telephones to new and present clients. This requires an acceptable trade-in machine and enrollment in a myPlan subscription. The three-year value lock additionally covers the corporate’s myHome 5G web plans. Present myPlan members don’t must do something to start out this value lock course of. The enrollment is computerized.

That is simply the most recent 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 related for Google One AI Premium subscriptions. Verizon owns a minority stake in Engadget’s dad or mum firm, however this did not affect 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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