Everything you need to know about Verizon’s new no contract plans

Verizon Wireless recently ditched two-year contracts in favor of a full retail pricing model. The Verizon Plan is simpler than ever, but it’s likely to be even more confusing than it needs to be, because the carrier has clarified that it will continue to offer two-year contracts to existing customers.

This means that you can still get that shiny new iPhone for $200, but that doesn’t mean that you should continue to do the same thing that you have done in the past. Paying upwards of $600 for a brand new phone can be scary, but the truth of the matter is that most customers will actually save money in the long run by opting for the Verizon Plan and paying the full retail price for a new smartphone. Even so, customers in certain situations will be better off sticking with two-year contracts.

This guide will break down how the Verizon Plan works, what your options are, and how it will affect you.


EmoticonEmoticon