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frontpage Posted by aus • Sep 22, 2023
frontpage Posted by aus • Sep 22, 2023

Costco: New Lines w/ Trade-In at Verizon: iPhone 15/15 Pro + $250 GC

& More (In-Store)

Free after 36-Monthly Bill Credits

Costco Wholesale
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Deal Details
Costco Wholesale Stores via Verizon Offers New or Existing Customers: 128GB Apple iPhone 15/15 Pro (2023) for Free after 36 Monthly Bill Credits when activated on a New line and trade-in any iPhone on eligible Verizon Unlimited Ultimate Plan (see plan pricing). Existing Customers can Upgrade and Receive $830 Off New iPhone 15 Lineup with Select Trade-in on Qualified Unlimited plans after 36 Monthly Bill Credits.

Additionally, Costco Wholesale offers Members a $250 Costco Shop Card with New Line OR a $100 Costco Shop Card for Upgrading Eligible Line when purchasing this offer In-Store at any participating Costco location featuring Verizon wireless service kiosks [store locator; scroll down to "Shop Verizon at a participating Costco location near you"].

Thanks to community member aus for sharing this deal.

Offer Details:
  • Trade-In: Follow the instructions on the product page or provided by the Costco rep for details on how to fulfill the trade-in portion of your offer

Editor's Notes

Written by slickdewmaster | Staff
  • About this deal:
    • Offers will be delivered digitally via the email on your VZW account, verified at the time of purchase. A physical card is available upon request. Eligible service lines must stay active a minimum of 60 days to qualify. Costco Shop Cards are not redeemable for cash. Except as required by law.
    • Please refer to the Forum Thread for additional discussion regarding this deal.

Original Post

Written by aus
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Costco Wholesale Stores via Verizon Offers New or Existing Customers: 128GB Apple iPhone 15/15 Pro (2023) for Free after 36 Monthly Bill Credits when activated on a New line and trade-in any iPhone on eligible Verizon Unlimited Ultimate Plan (see plan pricing). Existing Customers can Upgrade and Receive $830 Off New iPhone 15 Lineup with Select Trade-in on Qualified Unlimited plans after 36 Monthly Bill Credits.

Additionally, Costco Wholesale offers Members a $250 Costco Shop Card with New Line OR a $100 Costco Shop Card for Upgrading Eligible Line when purchasing this offer In-Store at any participating Costco location featuring Verizon wireless service kiosks [store locator; scroll down to "Shop Verizon at a participating Costco location near you"].

Thanks to community member aus for sharing this deal.

Offer Details:
  • Trade-In: Follow the instructions on the product page or provided by the Costco rep for details on how to fulfill the trade-in portion of your offer

Editor's Notes

Written by slickdewmaster | Staff
  • About this deal:
    • Offers will be delivered digitally via the email on your VZW account, verified at the time of purchase. A physical card is available upon request. Eligible service lines must stay active a minimum of 60 days to qualify. Costco Shop Cards are not redeemable for cash. Except as required by law.
    • Please refer to the Forum Thread for additional discussion regarding this deal.

Original Post

Written by aus

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Top Comments

F1Racer
6251 Posts
822 Reputation
Wow 36 months bill credit.
i.e. 3 year contract.
injailhahahaha
507 Posts
50 Reputation
Why would anyone want to be on a 3yr contract?
thehash
6530 Posts
1458 Reputation
36 month contract and you have to pay tax on the phone.
getting taken to the cleaners.

1,476 Comments

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Sep 23, 2023
271 Posts
Joined Jul 2019
Sep 23, 2023
SlickSparrow6488
Sep 23, 2023
271 Posts
Quote from SlickSparrow6488 :
Amazing deal. I'm upgrading from 12PM so I get $830 plus only $16 a month 512gb at 0% apr. Apple only offers $430 and you'll get less selling on your own. If my Samsung galaxy A50 works it'll be even slicker.
Buy through Best Buy and get free apple care if you're a member already.
1
Sep 23, 2023
34 Posts
Joined Jun 2022
Sep 23, 2023
iliketerdles
Sep 23, 2023
34 Posts
I currently have Verizon

To take advantage of the $1000 i would need to do the "new line", if upgrading it is only quoting me $415

I'm on a grandfathered unlimited plan, costs me $93/month, switching to their current $100/month unlimited plan would not be a huge deal.

Would i have to outright cancel my plan and then begin again as a new customer, or would changing plans cover it?
1
Sep 23, 2023
176 Posts
Joined Dec 2008
Sep 23, 2023
Savvy_Shopper
Sep 23, 2023
176 Posts
Quote from jay-zala :
Seems like you don't understand the math yourself. I have a phone that is effectively worth $50 on eBay or Facebook Marketplace because it has a cracked screen. I can sell it there for $50 cash, or trade it into Verizon for $830 in credits over 3 years. Which is higher, $830 or $50?????

I can cancel the Verizon contract anytime I want but I just lose out on the credits over 3 years. Even if I stay with Verizon for a few months and get some of that $830 promotional credit, I am still ahead because I am getting more than the $50 for my phone.
There are tons of places that will help you replace that screen for next to nothing, making it worth far more than $50 on eBay. Not trying to convince you not to trade it in, but if you wanted eke a little more life out of it, you could do so easily.
2
Sep 23, 2023
63 Posts
Joined Sep 2016
Sep 23, 2023
zebulonj23
Sep 23, 2023
63 Posts
Quote from dvpatel :
Yes. But. Are you forgetting that you "traded-in" a phone too? Depending on the condition of the phone you trade in, you may be out that phone as you'd still owe the remainder of the balance of the bill credits.
Depends on the value of the phone you are trading in. I just did a similar deal getting an s23 plus. I got 800 for my s21 which was worth about 150 if I wanted to hassle with selling on eBay. 36 months bill credits is annoying to think about but their really is no better option anymore. I could have paid 750 (on good sale at best buy )up front for no "contract" but why not let them pay it for me. I have no plans of switching from Verizon so even if I want to upgrade in 2 years, I would pay off the 250 or 300 that's less and it is still a lot less than the 750 I would have to pay to not have the payments. In the era of 1000 plus dollar phones and people keeping phones longer, this is just the new norm.
Sep 23, 2023
3,531 Posts
Joined Dec 2007
Sep 23, 2023
iahawks550
Sep 23, 2023
3,531 Posts
Quote from trumpinjailhahahaha :
Why would anyone want to be on a 3yr contract?
In my life. I've had:

One provider for seven years
One provider for 16 years
One provider for 5 years

A three year contract isn't a big deal to me, or I doubt, to most.
1
Sep 23, 2023
24 Posts
Joined Dec 2020
Sep 23, 2023
OrangeHorn6119
Sep 23, 2023
24 Posts
Family plan with 4 lines- how much does it cost with Verizon. When getting lates iPhone one needn't crib for staying 36 months
3
Sep 23, 2023
43 Posts
Joined Feb 2016
Sep 23, 2023
aw3somedeals
Sep 23, 2023
43 Posts
Quote from jay-zala :
Seems like you don't understand the math yourself. I have a phone that is effectively worth $50 on eBay or Facebook Marketplace because it has a cracked screen. I can sell it there for $50 cash, or trade it into Verizon for $830 in credits over 3 years. Which is higher, $830 or $50?????

I can cancel the Verizon contract anytime I want but I just lose out on the credits over 3 years. Even if I stay with Verizon for a few months and get some of that $830 promotional credit, I am still ahead because I am getting more than the $50 for my phone.
Wouldn't you have to pay back the credit amounts received?

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Sep 23, 2023
71 Posts
Joined Nov 2016
Sep 23, 2023
Sun2984
Sep 23, 2023
71 Posts
Sep 23, 2023
24 Posts
Joined Dec 2020
Sep 23, 2023
OrangeHorn6119
Sep 23, 2023
24 Posts
Quote from aw3somedeals :
Wouldn't you have to pay back the credit amounts received?
End of the day we need to have a Phone service. Obviously the trade-in offers are good for folks who like the carrier. If 36 months is more to stay with a carrier you have an option of Next where you can pay additional $6 every month and get new phone after 18 months in at&t and 12 months in Tmobile
Sep 23, 2023
483 Posts
Joined Sep 2011
Sep 23, 2023
Jeff630
Sep 23, 2023
483 Posts
You can get unlimited plan for $30 so all the extra is basically payment for phone. So it's not really saving anythjng
1
Sep 23, 2023
298 Posts
Joined Mar 2013
Sep 23, 2023
007QMR
Sep 23, 2023
298 Posts
Sep 23, 2023
2,297 Posts
Joined Sep 2009
Sep 23, 2023
razman
Sep 23, 2023
2,297 Posts
Quote from trumpinjailhahahaha :
Why would anyone want to be on a 3yr contract?
Do you plan on not using your phone again sometime in the next 3 years?
Sep 23, 2023
982 Posts
Joined Apr 2017
Sep 23, 2023
publicpersona
Sep 23, 2023
982 Posts
It looks like the cheapest plan on the chart posted is $65 and may not include other junk fees and taxes. Meanwhile, Verizon will sell you service* on the same network for $25 all in via their Visible label. At the end of the 3 months, you will have paid $1800 additional.

* I will stipulate Visible does have the possibility of being deprioritized. However, in more than two years a customer, I've only experienced that twice and that was when all the Internet service in our area was out and everyone jumped on their phones as hotspots.
1
Sep 23, 2023
45 Posts
Joined Aug 2017
Sep 23, 2023
fbmd
Sep 23, 2023
45 Posts
Quote from mrgreed18 :
AT&T, T-Mobile, Verizon

Top 3 carriers

All only offering 36 month "trade in deals" for this year's iPhone

Last year was the final year Verizon offered 24 months for a new phone "contract" and now that is over

I got my $830, will use the phone for 2 years, then pay the phone off and loss out on like $250 of discounts but at least I am not forced to keep a 2 year old phone any longer than I need to.

So yeh 36 months sucks but you pay it off early, give up some of that discount, and upgrade early. For most they will keep the phone and 24 vs 36 doesnt matter but it's no surprise when the entire USA wireless system are running identical timed promos
T-Mobile is 24 months
1

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Sep 23, 2023
31 Posts
Joined Jul 2018
Sep 23, 2023
secretasianman999
Sep 23, 2023
31 Posts
Here's the Costco Verizon store page that talks about the special Costco Benefits along with the store location list:

https://www.costco.com/verizon-br...wcase.html
1

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