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Now that AT&T and T-Mobile have created cellphone plans that make it somewhat less painful for early adopters to upgrade to a new phone earlier than the usual two years, Verizon has jumped on the bandwagon, unveiling its own early-upgrade program it calls Verizon Edge. Verizon's Edge plan is similar to T-Mobile's Jump plan, which also lets customers trade in their phones for new ones every six months, but sounds a bit better than AT&T's Next plan which lets you trade in your phone after 12 months. Verizon marketer Ken Dixon told CNET the new Edge plan is "an absolute win for customers who want the latest technology." Even though Verizon says there is no early upgrade fee with this plan, you're required to pay an additional quarter of the price of a phone after six months, when you've made six of 24 monthly installment payments.
And as CNET writes, you'd save money if you held onto the phone for 12 months instead of six. Alas, when you're constantly upgrading to the latest technology, it's rarely cheap, and it's certainly not free. And won't the term "Edge" leave a bad taste in early adopters' mouths, that being the same name given to the dog-slow EDGE network that all tech addicts loathe when it pops up on their smartphone screens when nothing faster is available? Speaking from personal experience, I've done better than this by selling old iPhones on eBay, getting back more money than I spent up-front for the subsidized phone.
Let us know in the comments if you think this is a good deal, or just semantics — where you're still paying an early upgrade fee.
Now I don’t know about you but I am one of those techno-geeks that LOVES to have the latest and greatest technology available.
Well the folks at Verizon Wireless have come up with a program to help their techno-geek customers (like me) have the latest and greatest cell phones without waiting 2 whole years. The Verizon Edge program allows you to pay for your new phone over the course of 24 months instead of paying it all up front.
Eligibility Requirements – Existing customers must have at least six months of good payment history and be eligible for an upgrade.
Hi, I am Rachel Wright, the coffee loving, Disney fanatic, and marathon running blogger behind Runner's Tales.
Verizon Edge is similar to all the early upgrade programs introduced in the last year like Jump (Tmo) and Next (AT&T). In order to be eligible for the upgrade through Edge, you still must have at least 50% of the phone paid off – essentially a year of monthly payments. Yes but the good news is only 3% of VZW customers use Edge showing that not everyone is stupid. And the kind of thing that's going to make me (a customer of only 4-5 years) leave them already. But you can pay off any phone on any of the carriers new plans and trade in earlier then a yr as long as you have met the total yr payments. There is no way out of the contract without paying so that negates the phone being subsidized from the equation. I just post something like this my bill reflects this comment but when I upgrade will they still take 25 off,I could ask them but I'm in a good place with my bill right now don't want to go postal on them hehe.I've read up and it seems they will still take off the cash any thoughts. At Tmobile at 2.5 GB data plan you pay $10 per line and $25 installment fee for latest smartphone and you only need to pay $10 extra for Jump and you can switch after 6 month. At Verizon at 6GB shared everything plan (even less data than 3*2.5GB), you pay $200 + phone installment fee which is extra $75. So on a positive note, putting the coverage aside, this might attract some customers to Tmobile who do math. I could easily just pay full retail and be done with it and continue what I pay for my two lines. So, if those out there understand my scenario, and have a good idea for me, i would appreciate it. I realize that it only applies to bigger families, but I thought it needed mentioning and the math helped me see it better.
40 +4=160 20 gigs 150 ,ok insurance and taxes make each phone 55?4=220+150=370 that's 88 a phone with 5 gigs a piece or 2.5 gigs a piece you'll pay 80 but you can up grade in a year u send your phones back on the edge program and get new ones(upgrading) but the two year cycle starts over the25 per phone on more everything plan cancels them selves out. But if you have the more everything plan they pretty much pay for it have 4 phones on the edge program and they just get yo with taxes and a buck or two I got ten devices and pay 675 a month.
I think it's a great offer I'm trading my shitty phone today to upgrade to a s5 n I love the service cheaper then goin out and purchasing a brand new one. Would you live with ads on your lockscreen in exchange for a substantial (15-25%+) discount on your smartphone? Cori's Cozy CornerSouth Florida Blogger- Family Fun, Reviews, Giveaways, Crafts, Recipes, and More!
But wait, I said that you wouldn’t be stuck with your phone for the normal 2 years but I also said that you have to pay for 24 months.
Yes, you must have a service agreement at the time you enter your 24-month Verizon Edge Agreement, however a long-term service agreement isn’t required.
Customers with accounts less than six months will need to go through an internal e-credit check. Verizon tweaked their EDGE plan beginning June 1 to take the number of monthly payments for a device from 24 months down to 20 months. Previously, if you purchased a new phone from Verizon and signed up for EDGE, you were asked to make 24 equal monthly payments, with the option to upgrade after you had participated in the program for 30 days and had paid 50% off of the phone.
If you were a part of EDGE before June 1, I would imagine that Verizon has to honor your 24-month, 50% deal. Carriers need heavier regulation, instead of just making up the rules as they go along for their own benefit. Is it really worth the extra money to upgrade whenever you want versus the traditional 2 year subsidized plan?



I think Edge gets you a $15 bill credit for data plans under 10gb, or $25 if you have 10gb or higher data. Starting this Thursday, existing customers who are on month-to-month contracts can move to a MORE Everything plan to experience savings immediately. Im already month to month on the more everything plan, and the only thing Im getting more of is overage charges. About Droid LifeWe consider ourselves to have the greatest Android community in the world, here at Droid Life. Verizon Wireless today officially unveiled Edge, a new early upgrade and device payment plan. Customers can then upgrade every six months, as long as they reach that 50 percent payment threshold on their previous phone. Verizon unveiled its Share Everything plan last year, which lets customers add up to 10 Verizon devices onto one wireless plan.
During a Thursday conference call, Verizon CFO Fran Shammo said that more than 36 percent of post-paid customers are now on a Share Everything plan. When Verizon says the "cost of the phone," that's the full retail price you're going to pay, not the subsidized price that sometimes goes all the way down to free for some phones.
That is supposed to be more palatable than blending your phone payments into the smartphone plan itself, and then charging you an upgrade fee if you want a new phone before the two-year contract is up. That sounds like an early upgrade fee is built into that — it's just called by a different name. In fact, as we early adopters know all too well, it costs more to always have the latest techno-baubles.
It's still not cheap to be addicted to the latest technology, but you can minimize it with a modicum of ingenuity. Powered by its own proprietary technology, Mashable is the go-to source for tech, digital culture and entertainment content for its dedicated and influential audience around the globe.
I know were probably expecting a recap from my epic weekend of running at Walt Disney World but that will have to wait until tomorrow. The problem for me is that it isn’t always cost effective for me to go out and buy a new laptop, tablet, or iPod before my old one dies or the warranty expires. The only thing you have to do is pay the first month’s installment when you purchase the new phone. If your account is less than six months, you will need to go through an internal e-credit check. Not even two weeks after the magenta carrier announced it would be paying customers' ETFs, Verizon is experimenting with a 30 day upgrade cycle on its Edge plan.
With Big Red's option, you simply finance the phone over 24 months and pay it off as you go. All Verizon has really done is allow people to pay off 50% of the phone as quickly as they want to get an upgrade. Anyone who is willing to pay for 50% of a phone is and trade it in can likely outright just buy it off contract and skip the shenanigans all together. You mentioned this yet you didn't factor any trade in credit you'd receive into the equation. Or, if I am going to buy a phone for 400.00 or more anyway now, I could enter the Edge program and pay for that device over 24 months or in 3 months if I am knocked off of my feet by either of the new phones I mentioned. If you have a share plan, then every phone you upgrade on edge pays for itself since you get $25 a month off your bill for having 10 or more gigs. For 30 gigs all are phones a and and 4 are on edge so at 65~70 a phone 3~4 gigs I use 10 cause two members don't use 4g that much and all of us have WiFi so when at home 4g is irrelevant. I have had Verizon for over a decade but am finding it hard to continue to justify not switching to a more affordable carrier. Please make sure to like us on Facebook, follow us on Twitter and subscribe to our E-mails! They also changed the percentage you need to have paid off before you can upgrade, raising the amount from 50% to 60%.
With the number of payments dropping to 20 months, monthly payments will now likely be more expensive than they were previously.
I used to be anti-Edge myself, but with phone warranties being only 12 months and phones in general becoming nearly uselessly slow after 2+ years of ownership, I decided to hop on.
Granted its cheaper than buying the phone outright at full retail, but eventually in the long run you pay full price for the phone and couple others depending on how often you upgrade.
Initially I had no payment and each time I Edged Up the only cost I had to pay was the cost of the device so I could keep it. Customers who choose plans with data allowances of 8 GB or below can add a smartphone for $30, a savings of $10, and customers who choose plans with data allowances of 10 GB and above can add a smartphone for $15, a savings of $25.
25, customers on Verizon's Share Everything plans will be able to pay for their smartphones in installments, over the course of 24 months. You purchase a phone or tablet and within a few short months, something new hits the shelves," Verizon said.
Customers select the devices to add to their account and then how much data they expect to consume. During that call, Shammo also confirmed that Verizon would launch its Edge plan, but offered no other details.
AT&T recently unveiled a similar plan, dubbed Next, while T-Mobile offered up its Jump plan.


What the companies are trying to avoid is that painful feeling of paying a penalty for upgrading earlier than your two-year contract allows.
However, calling this plan — which would be a contract you make with Verizon — a "no-contract plan," and presenting it as some kind of "absolute win" might not be quite as absolute as it seems. Today I have a fun new program from Verizon Wireless to tell you about called Verizon Edge. Head into your local Verizon Wireless store to pick out your new phone when your current contract is up. Currently, she is living in the Tampa Bay area of Florida with her fiance and their two amazing fur babies. Previously, you had to wait a year before getting the free upgrade and starting the payments over. I'm looking forward to joining T-Mobile and love what they're doing to shake up the industry. I actually did the "EDGE Early" thing for my Moto X, but that's because my old phone broke, it's the same retail cost everywhere, and I didn't have the funds to drop $400 right away. Since the phones you were using as examples are recent high end phones, Bob would receive like $200 store credit for his phone when he goes to get his new one. The only places I've noticed a difference with T-Mobile's inferior network has been in between cities while driving (ie, it's Edge pretty much the entire stretch on I-71 between Cleveland and Columbus), but I can live with that since I don't travel that often. With the S5 not likely to lunch until Mid April on Verizon and most likely May for the HTC, I am trying to find the best route to take to replace my S3. We all know 3G service has slowed considerably since LTE came on line even though the carriers deny it.
Either way, I am paying full retail for a phone that I can do what I want with when it is paid off. At the end of the day, there just won't be a phone out at my contract end date that will warrant me entering another 2 year contract.
I don't mind paying 70 a month for what I have plus all phone have insurance did the math a million times after looking at my bill and there is 100 off the price so there are being honest about this more everything plan,the big catch is two years every upgrade. Disclosure- I received a Samsung Galaxy Note 3 as part of Verizon Wireless’s Ambassador Program. With the percentage for upgrade also being raised, you now have to fork out more cash to get a new phone. People come in complaining about how high their bill is then I’m supposed to tell them they should increase it? The up front payment I believe might be depending on your payment history or credit history. Now note that each store can add additional fees and rules to this at their own discretion but the base rules are is taxes up front and the rest on the bill. Verizon Wireless is giving customers the ability to add a smartphone that is not currently under contract to a MORE Everything plan, beginning April 17.
There will also be the option to upgrade your phone after six months if you have paid off 50 percent of the cost of your existing device.
T-Mobile customers will be able to trade in their phones twice a year, while AT&T customers can upgrade every 12 months by paying monthly installment fees on the price of the phone.
But there's a catch — you're still required to pay for half of the cost of your old phone, and you must trade it in for the new one. It's pretty unlikely anyone is going to pay $250-350 toward a financed phone in 30 days, then trade it in for a new one. After 1 month, you want to change your phone, then you will pay extra $325 for 3 phones = $975. I have a job that has me on the go a lot and I use for my phone for just about everything from watching videos, internet reading and as a GPS when I am in my work car. If I knew that there was a phone that I definitely wanted, I would wait til my contract is up and just upgrade at that time.
Because adding to this perfect storm is the issue that Verizon is the only big company that really acknowledges serving my area. Not to mention if they’re eligible for early EDGE the restrictions make it more difficult. I still remember the envy I had when Verizon got the iPhone and I had more than a full year left on my contract … THE HORROR!! The 30 day claim isn't really a lie (you could technically do it), but it's kind of a pointless change.
After 2 years of payments, the total is $5400 and new phones in every 6 month if you want to.
The sellers allow no refunds and I have no recourse if I get a phone that has even minor wear on it. They are simply allowing customers to pay for the full phone price (unsubsidized) in monthly installments.




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