It seems that Verizon is following in suit now with Sprint, AT&T, and T-Mobile. The latter of which started the Un-Carrier ideas a few year back, but Verizon is the largest carrier in the United States. They have a lightning fast 4G LTE network, a level of reliability that is one of the best out there, and have received high marks from RootMetrics. But it seems that Big Red is listening to the competition, in that they will now pay you to switch to them from another carrier.
This is not a landmark announcement or surprise announcement, AT&T, Sprint, and T-Mobile have all been doing these deals. Where they will pay off of your installment plan or your early termination fee, but now Verizon is offering something similar.
Starting today, December 28th 2015, you can hop ship to Verizon and make the switch, but you will receive up to $650 to end your contract. You will get up to $650 per line, this means a family of four will get up to $2,600. Verizon will either be buying out your contract, paying your early termination fee or device payment plans.
Keep in mind that you will be required to switch your number to Verizon, trade in your existing device, and buy a new 4G LTE device and activate it. Verizon will then give you up to $650 on a pre-paid card for the installment plan balance less the device trade in value or up to a $350 pre-paid gift card for the early termination fees less the value of the device trade in. In terms of the device you are trading in, it must be working as well worth more than $0, plus you must stay on Verizon with an active line for at least 6 months.
In order to get paid to switch you have to visit a Verizon store, and there they will let you know how much your trade-in is worth and you can make it happen. An item to note would be that it will take up to 6-8 weeks for the pre-paid gift card to arrive.
Lastly, another perk of switching to Verizon is that when you join an XL or XXL Verizon plan, you will get an extra 2GB of data every month for life on Verizon. Verizon is ending 2015 and starting off 2016 with a unique deal, not only will they pay you to switch (up $650 per line) and you will get extra data.
