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Verizon $699 trade in value iPhone 4 or newer *new line not required*

+219 Deal Score
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For EXISTING CUSTOMERS Verizon has a "loyalty trade-in promotion" where with any iPhone 4 or newer they'll give you $699. I just completed this with replacing an iPhone 7 and iPhone 8 with 12 pro's. The deal comes in as a credit spread out over whatever term you choose for the new phone, $29cr for 24mo in my case.

I have been hunting for a deal on the new iPhones for a couple months. Was going to do the Walmart $200 off promo, and then found myself calling Verizon Sales for help on the Disney bundle. I politely questioned how this is possible and verified 10 times that I'm keeping my number, and no "new line" funny business. He advised that Verizon Telesales (not customer service) have different/more authority and promotions than available online or in store.


I was still skeptical but searching the internet I found Reddit posts with users having the same experience. And sure enough now I have my $45 charge (12 pro 256gb) and $29 trade in credit on my bill.

https://amp.reddit.com/r/verizon/...e_12_dont/

https://www.verizon.com/support/h...le-device/
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Created 01-06-2021 at 10:03 AM by sheldon2es
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Joined Oct 2015
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> bubble2 72 Posts
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Original Poster
sheldon2es
01-06-2021 at 10:07 AM.
01-06-2021 at 10:07 AM.
Also, it's $699 for their "premium" plans, $549 otherwise. Still great. I think most their unlimited plans are considered "premium"
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Joined Jun 2005
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> bubble2 955 Posts
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yybug
01-06-2021 at 10:16 AM.
01-06-2021 at 10:16 AM.
Did you call or chat ? Thanks
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Joined Jul 2018
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> bubble2 113 Posts
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Momo22
01-06-2021 at 10:16 AM.
01-06-2021 at 10:16 AM.
Did you see this online on your account? Also, is it only for trading in iPhone? Can I trade in something else?
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Joined Feb 2013
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> bubble2 237 Posts
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openwheelracing
01-06-2021 at 10:19 AM.
01-06-2021 at 10:19 AM.
iphone only? How about phones from other carriers? Can I trade in an old T Mobile phone?
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Joined May 2005
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> bubble2 294 Posts
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Zack_G
01-06-2021 at 10:19 AM.
01-06-2021 at 10:19 AM.
It looks like it does require an existing Unlimited plan though, right?
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Joined Jul 2006
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> bubble2 1,576 Posts
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hdlz
01-06-2021 at 10:20 AM.
01-06-2021 at 10:20 AM.
Depends on your plan, only the current active plans get this deal, old plans get 580 I think
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> bubble2 16,984 Posts
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chaoss
01-06-2021 at 10:20 AM.
01-06-2021 at 10:20 AM.
Sorry for my questions but I am interested in this for my uncle. He currently has an iPhone XS on payment plan which ends around November. So he would have to pay that xs off fully, and then he can do this deal? Give in an iPhone 4 and get $549 since I don't think he's on a premium plan.
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Joined Apr 2011
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> bubble2 152 Posts
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v8rumble
01-06-2021 at 10:21 AM.
01-06-2021 at 10:21 AM.
Will I still get the bill credits, if I pay the phone off after 1 month?
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> bubble2 644 Posts
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MrsJerseyJets
01-06-2021 at 10:23 AM.

Our community has rated this post as helpful. If you agree, why not thank MrsJerseyJets

01-06-2021 at 10:23 AM.
My friend got this deal a couple weeks ago....she got $549 credit towards each new phone. We have been with Verizon for 20 years and I tried and got nothing, so definitely YMMV (we had 7+ to trade in and they would only give us like $100 for them at the same time she traded in hers for $549). We ended up leaving and have AT&T now. If you can get this deal, it's great.
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> bubble2 690 Posts
dbk
01-06-2021 at 10:23 AM.
01-06-2021 at 10:23 AM.
So this deal only applies if we take 24months of bill credits of the remaining balance? I took verizon gc promo last year ($250 per line x 5) and I will probably switch over to another carrier in a month or two.... If I'm looking to upgrade my phone or three.. this deal beats any deal i would get while switching over, right?
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Last edited by dbk January 6, 2021 at 10:26 AM.
Joined Feb 2007
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> bubble2 1,535 Posts
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breity
01-06-2021 at 10:24 AM.

Our community has rated this post as helpful. If you agree, why not thank breity

01-06-2021 at 10:24 AM.
Quote from v8rumble :
Will I still get the bill credits, if I pay the phone off after 1 month?
Nope. You can't pay the phone off early if you want to keep receiving bill credits. Bill credits basically function as the new 2-year contract equivalent for the carriers.
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Lisa23
01-06-2021 at 10:25 AM.
01-06-2021 at 10:25 AM.
Do I need to call and speak with someone about this promotion? How come I don't see it advertised anywhere?
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Joined Dec 2005
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> bubble2 1,206 Posts
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Mr.Le
01-06-2021 at 10:31 AM.
01-06-2021 at 10:31 AM.
i wish tmobile would do this. i mean $580 for an iphone 4. that's ridiculous. you may have a hard time finding an iphone 4 out there but man you can't even sell an iphone 4 on CL for a 100 these days.
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> bubble2 1,175 Posts
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Sionara
01-06-2021 at 10:32 AM.
01-06-2021 at 10:32 AM.
Quote from Lisa23 :
Do I need to call and speak with someone about this promotion? How come I don't see it advertised anywhere?
I'm wondering the same. I'm pretty interested as I currently have an iPhone XS and had been considering upgrading to an iPhone 12 Pro if the right deal came along.
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