New Verizon prepaid plans add more value and reward loyalty with monthly discounts

Rhea-AI Summary

Verizon has launched new prepaid plans that provide savings over time, encouraging long-term customer retention. Customers can save $5 after three months and another $10 after nine months, with an additional $5 discount for Auto Pay, totaling up to $15 off. The Unlimited plan starts at $65 per month, dropping to $50 after nine months. It includes talk, text, and data to Mexico and Canada. Options like the 5GB plan are available for as low as $25/month. These offers aim to deliver value without sacrificing quality on Verizon's award-winning network.

Positive

• Customers can save up to $15 per month with loyalty discounts.
• Unlimited plan starts at a competitive $65/month, reducing to $50 after nine months.
• Plans now include unlimited talk, text, and data in Mexico and Canada.

Negative

• None.

Rates in new prepaid plans decrease over time, so the longer you stay, the more you save. Plus, Unlimited plan starts at a lower price.

• Customers save $5 after three months and another $5 after nine months
• Unlimited plan starts at $65/mo; as low as $50/mo after nine months
• Talk, text and data in Mexico and Canada now included in the Unlimited plan

NEW YORK, June 24, 2020 (GLOBE NEWSWIRE) -- Verizon has announced yet another compelling reason to switch to - and stay with - the nation's best network: beginning today, Verizon Prepaid customers are eligible for new savings that lower monthly rates the longer they stay with Verizon. New and existing customers who sign up for these no-annual-contract plans can save as much as $15 per month with Auto Pay.

The new Verizon Prepaid plans now feature discounts that lower monthly costs $5 after three months, and $10 after nine months. Customers who sign up for Auto Pay will receive an additional $5 off, bringing the total discount to $15 per month¹.

“Consumers have made it clear that value matters, but they’re not willing to compromise on quality. We’re empowering customers with no annual contract plans at great prices that meet the challenge head-on,” said Frank Boulben, Verizon SVP Marketing and Products for Verizon Consumer Group. “With Verizon Prepaid, the longer you stay, the more you save.”

The Verizon Prepaid Unlimited plan enables customers to do more with unlimited 4G LTE data on the #1 rated Best Network in the nation², for as low as $50 per month after nine months. The plan now includes talk, text, and data to and from Mexico and Canada³. Unlimited customers can add-on Mobile Hotspot for $5 per month to extend connectivity to other devices⁴.

With our new loyalty savings, customers can choose our 5GB plan, with Mobile Hotspot included, for as low as $25 a month. The 15 GB plan, with Mobile Hotspot and calling to Mexico and Canada, is as low as $35 a month. These new plans offer a clear advantage for choosing Verizon Prepaid.

All plans include:

• Unlimited Talk & Text within the US
• Unlimited Text to more than 200 international destinations⁵
• $5/mo discount after the first month when you sign up for Auto Pay
• Lower rates the longer you stay: $5 off after 3 months, $10 off after 9 months

Stay and save with Verizon
Here’s how much customers save when they stay with Verizon Prepaid:

View pricing grid

Customers can bring their own phone or purchase a new Verizon phone. Managing an account is easy with the My Verizon App, which allows customers to change plans, view usage, shop and more. For more details, visit verizon.com/prepaid.

1 Taxes & fees apply. $5/mo loyalty discount applies after 3 months of service; add'l $5/mo applies after 9 mos of service, for a total of $10/mo on plans $40 or higher. Discount applies as long as your line is not disconnected. Add’l $5 Auto Pay discount applies after 1st mo. DVD-quality streaming (up to 480p). In times of congestion, your data may be temporarily slower than other traffic. Once high-speed data is used (including Mobile Hotspot on applicable plans), you will have 2G speeds. Functionality of some data applications such as streaming video or audio may be impacted.  

2 Best Network claim based on RootMetrics® by IHS Markit's RootScore® Reports 2H 2019 of 4 mobile networks. Results may vary. Not an endorsement.

3 4G World Device required. International data reduced to 2G speeds after 0.5 GB/day. If more than 50% of your talk, text or data usage in a 60-day period is in Mexico, Canada, Puerto Rico or US Virgin Islands, use of services in those destinations may be removed or limited.

4 Mobile Hotspot and tethering available on the Unlimited Plan for $5/mo. Includes 10 GB of high-speed data, then speeds up to 600 Kbps the remainder of the month. Your data experience and functionality of some data applications such as streaming video or audio may be impacted

5 Not all international carriers support texts that originate from the US.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is celebrating its 20th year as one of the world’s leading providers of communications, information and entertainment products and services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $130.9 billion in 2018.  The company offers voice, data and video services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control. 

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at www.verizon.com/about/news/. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

Media contacts:
Andrew Kameka
andrew.kameka@verizon.com

 

FAQ

What new prepaid plan options did Verizon introduce?

Verizon introduced prepaid plans with monthly savings that increase over time, up to $15 off for loyal customers.

How much can customers save with Verizon's new prepaid plans?

Customers can save $5 after three months and $10 after nine months, plus an additional $5 with Auto Pay, totaling $15.

What is the starting price of Verizon's unlimited prepaid plan?

The starting price of Verizon's unlimited prepaid plan is $65 per month, reducing to $50 per month after nine months.

What features are included in Verizon's prepaid plans?

Features include unlimited talk and text in the US, and data to Mexico and Canada, along with discounts for long-term customers.