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New device scam?
Mangolo123
Newbie
‎08-19-2019 07:20 PM

Today tried adding a new device. The iPhone 7 Plus is listed at only $5/month for 24 months which is really great since I'm currently paying $25/month for the same phone which I bought only 6 months ago. The scam part is when I went to check out I actually read the terms and conditions. On the same page where it says that I'll only be paying $5/month, the Terms say that I'll actually be paying $23.97/month for 24 months. Why?

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Re: New device scam?
Ann154
Community Leader
Community Leader
‎08-19-2019 08:14 PM

You are paying $23.97 for 24 months and getting a credit for 24 months to equal a net payment of $5 per month. You also need to a new line of service to qualify for promotion. 

Screenshot_20190819-220903.png

 

I'm most definitely NOT a VZW employee. If a post answered your question, please mark it as the answer.

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Re: New device scam?
glitchedpixel
Specialist - Level 1
‎08-20-2019 01:45 AM

You get charged the normal amount while Verizon gives you a credit each month for 24 months to offset it.

They do the same thing for "free" phones. 

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