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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 28, 2023
3 Posts
Joined Sep 2023
Sep 28, 2023
WittyMountain646
Sep 28, 2023
3 Posts
can I buy the phone and cancel the contract after unlocking it? that way I only paid the early termination fee.
Sep 28, 2023
60 Posts
Joined Sep 2017
Sep 28, 2023
llvsixaxisvll
Sep 28, 2023
60 Posts
Adding another data point from my port in from T-Mobile.

Purchased 3 iPhone 4's on eBay to trade in for <$25, along with 2 other cracked back glass and front glass phones. 5 phones total, each showed the promotion @ $1000/36 months. There were two promotions on the Costco/Verizon service rep's iPad when ordering, one is for "any condition" and another is for "bad battery only". This can be seen when expanding on the details section, as the titles are identical, and is probably affecting some people's pricing here because they ask to confirm the condition of the phone by checking off if it had broken glass.

Plan cost for ultimate is estimated at $65 with taxes before autopay $10/line. So effectively ~$55/each for 5 lines. All 5 lines were the standard iPhone 15 Pro 128gb. But could have selected any 15 Pro model to use the $1000 towards. I got an email with all the details clearly written out, including the value of the trade ins with promotion.

Representative confirmed that each line will be getting a $250 Costco cash card, and receipt that's printed out shows this (emailed receipt doesn't as it's from Verizon directly). The sweet part of this deal is that all of us who traded in iPhone 4's have unlocked iPhone 14 Pro's that we get to keep and sell, and of course the $250 Costco card per line. All in all, a very similar price over 3 years, but at least I'm on Verizon's prioritized data, Verus's a grandfathered T-Mobile deprioritized lines of which I feel in Charlotte, Detroit, and NYC metro areas that I visit often.

And the kiosk agent was super nice, he actually wasn't well versed in the promotions, but at least was open to me reading and walking through the ordering process options on the iPad they have throughout each step.
Last edited by llvsixaxisvll September 28, 2023 at 11:57 AM.
Sep 28, 2023
60 Posts
Joined Sep 2017
Sep 28, 2023
llvsixaxisvll
Sep 28, 2023
60 Posts
Quote from cokedude :
Here's the math for my port in:
Pro max, 256gb, $1200/36 = $33.33
Unlimited plus plan (4 existing lines, 1 new unlimited plus) = $42
iPhone 7 plus trade in credit = $830/36 = $23.05

Costco $250 gc mailed or emailed after a few months. Verizon kiosk in costco printed a receipt with "$250 gc" on it.

Taxes are due upon upgrade. $35 activation was added to monthly bill.

Trade in will be dropped off at Verizon with submission ID when I receive the new one. Old phone needed to be on/online to confirm find my iPhone was logged out to generate submission ID. I recommend "trading in" at the same time (even though the device doesn't get dropped off at Costco) to ensure the credit is applied to the order. The non-promo trade in value is $10 so that'd be a $820 gamble.

Why am I porting in? Family plan is unlikely to change for 3 years. Paying the same monthly without a phone credit did not seem worth it. Verizon unlocks after 60 days so it'll be useful for international esim eventually.

Trade in credit varies with plan: $1000 for ultimate unlimited ($52/mo), $830 for unlimited plus ($42), $415 for unlimited welcome ($27). It is $3.5 a month more for unlimited plus from unlimited welcome since you get $415 more trade but you're paying $15 more for the plan.

Uprgades get $100 from costco instead of $250. Upgrades, however, require iphone 8/se and above to get the same value while new line can take in basically any iPhone.

The my Verizon app can show you an exact value on trade in (and new monthly bill) after going to shop, adding in the new phone first, select monthly payments, and yes on trade in. Do not completely proceed as you will not get the Costco gc. It will save time, however, since you can tell the Costco Verizon agent exactly what plan to build and you'll already know what it should cost ahead of time.

Good luck.
Weird, my kiosk agent didn't know how and couldn't print me a receipt showing that I'll get the gift card. He just verbally confirmed. Is everyone else getting receipts for the GC?

Edit: Nevermind, receipt that wasn't emailed, but printed out shows $250 Costco Shopcard on the right side in small letters. Neither me or the kiosk agent saw this.
Last edited by llvsixaxisvll September 28, 2023 at 11:57 AM.
Sep 28, 2023
166 Posts
Joined Sep 2013
Sep 28, 2023
Xike
Sep 28, 2023
166 Posts
I didn't find the answer. How soon can I get the phone unlocked?
1
Sep 28, 2023
285 Posts
Joined Oct 2007
Sep 28, 2023
wei2cool
Sep 28, 2023
285 Posts
Quote from 198four :
Can someone confirm if my math is correct below?

Iphone 15 pro = $1099
Iphone 13 trade in = -$1000
2 month of service = $150 ($75x2)
Total cost for iphone 15 pro = $249 and I can cancel after 60 days to get my device unlocked
I think it's a little off

iPhone pro 15 is $999, not 1099
And you also have $250 Costco credit which is as soon as co

So you are off by 350
Sep 28, 2023
12,639 Posts
Joined Nov 2006
Sep 28, 2023
poohbie
Sep 28, 2023
12,639 Posts
Quote from llvsixaxisvll :
Weird, my kiosk agent didn't know how and couldn't print me a receipt showing that I'll get the gift card. He just verbally confirmed. Is everyone else getting receipts for the GC?

Edit: Nevermind, receipt that wasn't emailed, but printed out shows $250 Costco Shopcard on the right side in small letters. Neither me or the kiosk agent saw this.
I didn't even get a printed receipt, just the e-mails from Verizon themselves and not them. Maybe I'll need to go back and get it.
Sep 28, 2023
9 Posts
Joined Nov 2017
Sep 28, 2023
twiceinteresting
Sep 28, 2023
9 Posts
Quote from cokedude :
Here's the math for my port in:
Pro max, 256gb, $1200/36 = $33.33
Unlimited plus plan (4 existing lines, 1 new unlimited plus) = $42
iPhone 7 plus trade in credit = $830/36 = $23.05

Costco $250 gc mailed or emailed after a few months. Verizon kiosk in costco printed a receipt with "$250 gc" on it.

Taxes are due upon upgrade. $35 activation was added to monthly bill.

Trade in will be dropped off at Verizon with submission ID when I receive the new one. Old phone needed to be on/online to confirm find my iPhone was logged out to generate submission ID. I recommend "trading in" at the same time (even though the device doesn't get dropped off at Costco) to ensure the credit is applied to the order. The non-promo trade in value is $10 so that'd be a $820 gamble.

Why am I porting in? Family plan is unlikely to change for 3 years. Paying the same monthly without a phone credit did not seem worth it. Verizon unlocks after 60 days so it'll be useful for international esim eventually.

Trade in credit varies with plan: $1000 for ultimate unlimited ($52/mo), $830 for unlimited plus ($42), $415 for unlimited welcome ($27). It is $3.5 a month more for unlimited plus from unlimited welcome since you get $415 more trade but you're paying $15 more for the plan.

Uprgades get $100 from costco instead of $250. Upgrades, however, require iphone 8/se and above to get the same value while new line can take in basically any iPhone.

The my Verizon app can show you an exact value on trade in (and new monthly bill) after going to shop, adding in the new phone first, select monthly payments, and yes on trade in. Do not completely proceed as you will not get the Costco gc. It will save time, however, since you can tell the Costco Verizon agent exactly what plan to build and you'll already know what it should cost ahead of time.

Good luck.
Thanks for the details. Do you need to have port in information (account# and pin) ready when placing the order in Costco? And how about the IMEI of the device you wanna trade in? Thanks.

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Sep 28, 2023
3,955 Posts
Joined May 2004
Sep 28, 2023
abadan
Sep 28, 2023
3,955 Posts
Quote from WittyMountain646 :
can I buy the phone and cancel the contract after unlocking it? that way I only paid the early termination fee.
Early termination fee??
Usually this is the case: If you cancel account before receiving 36 bill credits, credits stop & balance on required finance agreement is due.
Sep 28, 2023
127 Posts
Joined Aug 2006
Sep 28, 2023
cokedude
Sep 28, 2023
127 Posts
Quote from twiceinteresting :
Thanks for the details. Do you need to have port in information (account# and pin) ready when placing the order in Costco? And how about the IMEI of the device you wanna trade in? Thanks.
I did not port then and there as the new phone has to be shipped in. I'd then port to the new phone by myself or back at Verizon when dropping off the trade in. I recommend bringing in the phone so they can use the IMEI to get a quote/apply the discount at the same time. The IMEI is required for both self order (my Verizon app) and costco order.
Sep 28, 2023
12 Posts
Joined Aug 2018
Sep 28, 2023
CliffordC7580
Sep 28, 2023
12 Posts
The math is for $250 GC Costco + $830 Bill credit for 36 months. I'll use the mid tier as an example as it's the better trade in value. I'm also not factoring iphone sales tax in this example as it differs for most people.

Assuming you buy an iphone 15 pro 256gb @ $1099 (a lot of people buy this one or the pro max 15 256gb).

1 year ownership on Verizon is (assuming 5 lines in my case) = $42 + tax = ~$50 * 12 = $600.

For $600 you get $250 costco shop card, $830/36*12 = $276 in bill credit, and a $1099 phone that you now have owed $823 to ($1099-$276), if you want to pay off and move to other carriers.

Total cost for year 1 is = $600 (Verizon 1 year charge) +$823 (what you pay in full to get off Verizon) - $250 (Costco) + $35 (activation fee) +$30 (cheap phone to trade in) = $1238

In the same scenario if you do nothing and stayed with T-Mobile plan like i would have (5 ppl Magenta)

It'd be $36 per line * 12 = $432

So the difference is $1238-$432 = $806. You moved from T-Mobile to Verizon and essentially paid $806 for a iphone 15 Pro 256gb, and have it for a year.

The kicker is you can trade in this same phone next year for ~$800 as well. So you don't actually lose anything. With tax you prob lose a little bit but you do gain the phone for 1 year. And this iphone 15 will likely be eligible for the highest trade in value for the next 3 years ish.

What makes this 36 month Verizon offer different from others is that you gain

1) $250 Costco GC
2) the fact that you can trade in any iphone 3+ phones to get full trade in value.

Without those then you're essentially losing money as Verizon plan, in this case, costs $14 more a month. $168 a year, $504 3 years.
Last edited by CliffordC7580 September 28, 2023 at 03:41 PM.
Original Poster
Sep 29, 2023
684 Posts
Joined Jan 2007
Sep 29, 2023
aus
Original Poster
Sep 29, 2023
684 Posts
Quote from poohbie :
I didn't even get a printed receipt, just the e-mails from Verizon themselves and not them. Maybe I'll need to go back and get it.
I didn't get a printed receipt either when I walked out.


Quote from twiceinteresting :
Thanks for the details. Do you need to have port in information (account# and pin) ready when placing the order in Costco? And how about the IMEI of the device you wanna trade in? Thanks.
Yes, you need ALL of that to process in store. My sales person entered the account number but Vz still called 2 days later asking for the account number.
.
.
Sep 29, 2023
166 Posts
Joined Sep 2013
Sep 29, 2023
Xike
Sep 29, 2023
166 Posts
Quote from patrickbateman1 :
You get a $15 per month credit per line for BYOD. No $250 Costco card.
I thought opening a new line with a new iPhone bought from Verizon does not qualify for BYOD. How can you get BYOD with this deal? Isn't Costco card the only option? I am seriously interested to know as I want to take advantage of this deal if the math works out.
Sep 29, 2023
12,639 Posts
Joined Nov 2006
Sep 29, 2023
poohbie
Sep 29, 2023
12,639 Posts
Quote from aus :
I didn't get a printed receipt either when I walked out.
Did you get any other proof you're getting the $250 Costco GC and how it's coming? If it doesn't come, I assume they're going to want to see documentation.
Sep 29, 2023
142 Posts
Joined Sep 2018
Sep 29, 2023
WiseField749
Sep 29, 2023
142 Posts
Anybody know if this works with business accounts?

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Sep 29, 2023
67 Posts
Joined Jan 2012
Sep 29, 2023
letapragas
Sep 29, 2023
67 Posts
Is there any Costcos near Round Rock, TX that have a Verizon Kiosk

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