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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 26, 2023
2,035 Posts
Joined May 2011
Sep 26, 2023
pechango
Sep 26, 2023
2,035 Posts
Quote from ZebinZ :
Can I call them and have the iPhone picked up. Shipping is taking forever for the order I made a couple days ago.
They only ship. No phones in store.
Sep 26, 2023
5 Posts
Joined Sep 2018
Sep 26, 2023
ZebinZ
Sep 26, 2023
5 Posts
Quote from pechango :
They only ship. No phones in store.
You can check inventory on their website, after selecting the spec, by check pick up options
Sep 26, 2023
12 Posts
Joined Aug 2018
Sep 26, 2023
CliffordC7580
Sep 26, 2023
12 Posts
Alright Fellows, I talked to the Costco Verizon sales rep yesterday and ran many hypothetical scenarios since i have 7 lines* coming from T-Mobile:

- The $250 Costco cash card is PER LINE. from the terms it seems it'll get issued after 90 days of service, unlike the 3 year bill credits. You will only get this if you GET A NEW PHONE from Verizon. Not BYOD (Bring your own device).

- There are 3 tier Verizon plans:

Lower tier: Unlimited Welcome: ($27 + ~$5.5 fees = $32.5/month).

This one only qualifies for:

BYOD: $180 / 36 months (NO $250 costco card)
$415 off trade in on iphone 15, or a FREE iphone 14 phone. ($730 bill credit over 36 months)
YES you should be getting new phone with Verizon since you'll be getting $250 + $730

Mid tier: Unlimited Plus: ($42 + ~$7.5 fees = $49.5/month).

BYOD = $540 / 36 months (NO COSTCO $250 card)
$830 off any iphone 15 series, 36 months bill credit
FREE iphone 14 or 14 Plus, 36 months bill credit


Highest Tier: Unlimited Ultimate ($52 a month, + ~$8.5 fee, = $60.5 / month)
BYOD = $540 / 36 months (NO COSTCO $250 card)
$1000 off any iphone 15 series, 36 months bill credit
FREE iphone 14 or 14 Plus, 36 months bill credit


The breakeven point between Unlimited Ultimate and Unlimited Plus is around 18 months in ($170).

Verizon will take any iphone 3 or above phones, as long as it turns on. Even with a cracked screen. They just want to verify the IMEI is not stolen or compromised. The rep has a list of phones but he said he can't share or he'll get fired. But the list clearly states iphone 3 or above. I didn't check the Samsung / Google list because i'm unfamiliar with their phones, but it should be pretty similar.
Last edited by CliffordC7580 September 26, 2023 at 11:51 AM.
Sep 26, 2023
127 Posts
Joined Aug 2007
Sep 26, 2023
krazytylerz
Sep 26, 2023
127 Posts
Quote from pechango :
For existing line, I just did an Xs as a trade in for one line. The person in front of us had an X.
What plan are you on?
Sep 26, 2023
127 Posts
Joined Aug 2007
Sep 26, 2023
krazytylerz
Sep 26, 2023
127 Posts
Quote from CliffordC7580 :
Alright Fellows, I talked to the Costco Verizon sales rep yesterday and ran many hypothetical scenarios since i have 7 lines* coming from T-Mobile:

- The $250 Costco cash card is PER LINE. from the terms it seems it'll get issued after 90 days of service, unlike the 3 year bill credits. You will only get this if you GET A NEW PHONE from Verizon. Not BYOD (Bring your own device).

- There are 3 tier Verizon plans:

Lower tier: Unlimited Welcome: ($27 + ~$5.5 fees = $32.5/month).

This one only qualifies for:

BYOD: $180 / 36 months (NO $250 costco card)
$415 off trade in on iphone 15, or a FREE iphone 14 phone. ($730 bill credit over 36 months)
YES you should be getting new phone with Verizon since you'll be getting $250 + $730

Mid tier: Unlimited Plus: ($42 + ~$7.5 fees = $49.5/month).

BYOD = $540 / 36 months (NO COSTCO $250 card)
$830 off any iphone 15 series, 36 months bill credit
FREE iphone 14 or 14 Plus, 36 months bill credit


Highest Tier: Unlimited Ultimate ($52 a month, + ~$8.5 fee, = $60.5 / month)
BYOD = $540 / 36 months (NO COSTCO $250 card)
$1000 off any iphone 15 series, 36 months bill credit
FREE iphone 14 or 14 Plus, 36 months bill credit


The breakeven point between Unlimited Ultimate and Unlimited Plus is around 18 months in ($170).

Verizon will take any iphone 3 or above phones, as long as it turns on. Even with a cracked screen. They just want to verify the IMEI is not stolen or compromised. The rep has a list of phones but he said he can't share or he'll get fired. But the list clearly states iphone 3 or above. I didn't check the Samsung / Google list because i'm unfamiliar with their phones, but it should be pretty similar.
All of this is accurate for new lines. Hopefully someone can confirm existing lines.
Sep 26, 2023
963 Posts
Joined Dec 2011
Sep 26, 2023
silow
Sep 26, 2023
963 Posts
Hopefully this information helps especially with the last several posts asking about what phones qualify for what amount.

First and foremost any trade in promotion provided by Verizon is handled by Verizon themselves. Authorized retailers (indirect sales channels) such as Costco, Best Buy, Samsung, Apple, Target, Walmart, Verizon Authorized Retailers, etc. do not take the trade in themselves. Some of them may submit your trade in to Verizon as part of the ordering process but they are not directly evaluating your device or providing you the actual trade-in value. That assessment is all done and provided by Verizon's system. What you need to know is that you can do this yourself. The trade in does not need to be performed at the same time as the new device transaction. Verizon gives you a 30 day grace period because they know you may be trading in your currently used phone and they want to allow you to perform transfers etc.

With the new top tier Unlimited Ultimate plan Verizon has now created 3 tiers (prior it was 2) of promotional trade in values tied to service plan - Ultimate/Plus/Welcome. In regards to how the old plans map to the 3 tiers its generally One Unlimited/(Get,Do,Play)/(Start,Welcome). Older plans like Above/Beyond/Go, The Verizon Plan, Verizon Unlimited, etc. will vary depending on the promotion itself.

Costco's cellular partner on top of Verizon's promotion is offering $250/$100 GCs for new/upraded lines.

Verizon has several promotions going. The one that's topic in this thread is ANY iPhone in any condition for $1000 for starting/adding a new line on Unlimited Ultimate. The promo trade-in values reduce to $830 for Unlimited Plus and $415 for Unlimited Welcome.

What others are reporting is a different promotion where new lines are receiving the same values of $1000/$830/$415 accross 3 tiers with a list of eligible phones that include other manufacturers (again different from the ANY iphone promo). Upgrades are included at 2 tiers $830/$200 where tier 1 and 2 were combined. Unlike the ANY iphone promo upgrades on legacy plans are included. For example Get/Do/Play qualifies for the $830 if your device trade in is an iPhone SE 2022 or iPhone XS and above.

Best Buy is a good source to use as a reference. It includes the list of eligible phones at each tier and with new/upgrade lines.

https://www.bestbuy.com/site/ipho...4707842739
Last edited by silow September 26, 2023 at 12:22 PM.
Sep 26, 2023
85 Posts
Joined Mar 2021
Sep 26, 2023
SmilingHorn3826
Sep 26, 2023
85 Posts
Can I order this by chatting Verizon and referencing this promotion?

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Sep 26, 2023
310 Posts
Joined Oct 2020
Sep 26, 2023
Billyteddy
Sep 26, 2023
310 Posts
Top tier unlimited plan is $75/month? Wow
Sep 26, 2023
2,035 Posts
Joined May 2011
Sep 26, 2023
pechango
Sep 26, 2023
2,035 Posts
Quote from krazytylerz :
What plan are you on?
5G Play More
Sep 26, 2023
2,035 Posts
Joined May 2011
Sep 26, 2023
pechango
Sep 26, 2023
2,035 Posts
Quote from SmilingHorn3826 :
Can I order this by chatting Verizon and referencing this promotion?
No,in-store only
Sep 26, 2023
2,035 Posts
Joined May 2011
Sep 26, 2023
pechango
Sep 26, 2023
2,035 Posts
Quote from krazytylerz :
All of this is accurate for new lines. Hopefully someone can confirm existing lines.
It's either the full $830 trade-in credit/36 mos (which appears to be X or higher) or it's just the value of the trade-in determined by Verizon (anything less than X, basically). The only outlier is the Xr, which I didn't validate.
Sep 26, 2023
1 Posts
Joined Nov 2016
Sep 26, 2023
PrateekS5811
Sep 26, 2023
1 Posts
Quote from Brooklynite :
And you pay $1800 more over 3 years compared to prepaid services.
Exactly.

Assuming I will keep the phone for 3 years :
From Apple :

AT&T Unlimited Prepaid Plan = $25*36 = $900
Device after trade in( i-phone 11 ) = $799-$200 = $599
Total Cost= Plan Charges ($900)+ $599 ( Device) = ~$1499* + Freedom of Trade-in next year

Costco Plan :

Benefits : $1000(Trade-in) + $250(Gift Card) = $1250
Plan Cost = $90/Month
Over three years = $90*36 = $3240
Total Cost = Plan Charges ($3240)+ Device ($0) - $1250( Benefits) = $1990*
*= Excluding Tax

I usually get a new Credit Care around this time of year that has Joining bonus ..like Spend $1000 and get $200 back and us this card to get phone from Apple Smilie
1
Sep 26, 2023
85 Posts
Joined Mar 2021
Sep 26, 2023
SmilingHorn3826
Sep 26, 2023
85 Posts
Quote from pechango :
No,in-store only
Per the link above on Coscto.com:

Quote :
Call 800-714-2002 to purchase, or upgrade your phone while taking advantage of your exclusive Costco Member Benefit.
This number reroutes back to Verizon where the reps have no clue about this promo
Last edited by SmilingHorn3826 September 26, 2023 at 12:52 PM.
Sep 26, 2023
35 Posts
Joined Apr 2014
Sep 26, 2023
DanielS4799
Sep 26, 2023
35 Posts
Quote from TiconderogaN2 :
Sounds like it's based on the plan. You might've picked the lowest ultimate plan
The CSR tried putting me on the Unlimited Ultimate plan and it was still saying $430. Do _all_ lines have to be Unlimited Ultimate for the $830?

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Sep 26, 2023
33 Posts
Joined Jun 2017
Sep 26, 2023
AddsK
Sep 26, 2023
33 Posts
Quote from VioletCrayon5714 :
I bought iPhone 5's from eBay for about $30 each and traded them in.
The Costco Verizon somehow only give trade in up to $830 but it is with the unlimited plus. That happens to be what I want anyway so that's ok.

To get the $1000 you need to get unlimited ultimate which is $10 more than unlimited plus. So for $10 more per month, you get $170 more rebate - ie after 1.5 years you're losing money.
So the ultimate plus is actually the better of the 2.
Thank you for sharing. Is eBay iPhone 5 look good to trade in. If so please share eBay link.

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