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

Verizon just revealed a new price lock policy that ensures sure plans gained’t go up in price for 3 years. That is for each new and current prospects. 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 supposed to offer “predictability” to its buyer base.

Nonetheless, there are some caveats. Prospects should 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 current prospects on myPlan & myHome, PLUS a FREE telephone with trade-in and free satellite tv for pc messaging!

Learn to save massive:https://t.co/tabDgx5jgZ

— Verizon Information (@VerizonNews) April 3, 2025

There’s additionally nothing within the positive print relating to autopay reductions, so these aren’t locked in. This might pressure a fee hike if Verizon decides alter the low cost. In fact, 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 current prospects. This requires an appropriate trade-in machine and enrollment in a myPlan subscription. The three-year worth lock additionally covers the corporate’s myHome 5G web plans. Present myPlan members don’t should do something to start out this worth lock course of. The enrollment is automated.

That is simply the newest promotion to lure prospects to its myPlan subscriptions. The corporate lately 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 mum or dad firm, however this did not impression our protection.

This text initially appeared on Engadget at https://www.engadget.com/cellular/smartphones/verizon-just-announced-a-three-year-price-lock-plan-but-there-are-caveats-182320983.html?src=rss

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