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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 29, 2023
60 Posts
Joined Aug 2019
Sep 29, 2023
Solaris72M
Sep 29, 2023
60 Posts
I got the 1000$ deal on my kids iPhone 11 . But i need to switch their plans to 10$ more plan for 36 months. I love it
Sep 29, 2023
1,055 Posts
Joined May 2004
Sep 29, 2023
jay-zala
Sep 29, 2023
1,055 Posts
Quote from 198four :
Wow. What a rip-off.

Thanks for your help.
Lol did you do the math?
1
Sep 29, 2023
318 Posts
Joined Jul 2019
Sep 29, 2023
MerryMoney707
Sep 29, 2023
318 Posts
Does anyone have an alternate link for the Verizon Costco kiosk locator? Tried googling and can't find anything.
Pro
Sep 29, 2023
824 Posts
Joined Nov 2009
Sep 29, 2023
ginger_ale
Pro
Sep 29, 2023
824 Posts
Quote from MerryMoney707 :
Does anyone have an alternate link for the Verizon Costco kiosk locator? Tried googling and can't find anything.
Literally the list is on the first page wiki.
1
Sep 29, 2023
318 Posts
Joined Jul 2019
Sep 29, 2023
MerryMoney707
Sep 29, 2023
318 Posts
Quote from ginger_ale :
Literally the list is on the first page wiki.
? I see the store locator, but no Verizon kiosk locator?
Sep 29, 2023
275 Posts
Joined Mar 2008
Sep 29, 2023
gordita
Sep 29, 2023
275 Posts
can someone who's on an unlimited plus plan with 3 lines comments on what's the final monthly total including taxes and fees?
I'm struggling to find this info.
I would like to compare it against my current ATT bill which is $151 for 3 lines - (mid-tier unlimited plan).
T-mobile unlimited Go5Plus seems comparable with $150 for 3 lines all including fees but I suspect verizon might be a whole lot higher.
Sep 29, 2023
569 Posts
Joined Jul 2010
Sep 29, 2023
wazzuper1
Sep 29, 2023
569 Posts
Quote from MerryMoney707 :
? I see the store locator, but no Verizon kiosk locator?
Code:
https://www.costco.com/verizon-brand-showcase.html
is the link, but it doesn't work for some reason and you can't find it on Costco's phone carrier page either. The T-Mobile and AT&T ones work though, strangely. The person that replied to you was talking about the Community Wiki, which is below the post and above the top three most voted comments. Someone posted a list of all the cities, broken down by state, that has Verizon in-store. Since June this year, Costco has switched to only one phone carrier per-store, which sucks.

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Sep 29, 2023
2,304 Posts
Joined Sep 2016
Sep 29, 2023
VidyaG9025
Sep 29, 2023
2,304 Posts
Quote from poohbie :
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.
When you add the line and a receipt is generated if you pay taxes for the new phone or even just for a line you will get receipt on the email and that wil show costco $250 shop card.
Sep 29, 2023
12,639 Posts
Joined Nov 2006
Sep 29, 2023
poohbie
Sep 29, 2023
12,639 Posts
Quote from VidyaG9025 :
When you add the line and a receipt is generated if you pay taxes for the new phone or even just for a line you will get receipt on the email and that wil show costco $250 shop card.
Got it, so e-mails coming directly from Verizon instead of the authorized retailer will show the Costco $250 shop card? I think I just have to wait for the backordered phone to ship and I should be receiving that then.
Sep 29, 2023
2,304 Posts
Joined Sep 2016
Sep 29, 2023
VidyaG9025
Sep 29, 2023
2,304 Posts
Quote from poohbie :
Got it, so e-mails coming directly from Verizon instead of the authorized retailer will show the Costco $250 shop card? I think I just have to wait for the backordered phone to ship and I should be receiving that then.
If they print a receipt or you receive an email. Both will have that mentioned as it has a costco shop card which will be emailed 2-3 weeks after the 90 day period.
Sep 29, 2023
1,474 Posts
Joined Nov 2014
Sep 29, 2023
crazymonkey1208
Sep 29, 2023
1,474 Posts
3 year contract. Your contract expires just in time to buy the iphone 24! Since they release a new phone 3 times a year..
2
Sep 29, 2023
218 Posts
Joined Jan 2016
Sep 29, 2023
Jn356
Sep 29, 2023
218 Posts
Quote from CliffordC7580 :
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.
Can you clarify what you mean by being able to trade in the same phone next year for around 800? Upgrades are every 2-3 years usually depending on how long you are locked into that phone payments unless you're talking about breaking contract and letting tmobile pay for termination fee.
Sep 29, 2023
69 Posts
Joined Feb 2014
Sep 29, 2023
enzoharikari
Sep 29, 2023
69 Posts
Quote from Jn356 :
Can you clarify what you mean by being able to trade in the same phone next year for around 800? Upgrades are every 2-3 years usually depending on how long you are locked into that phone payments unless you're talking about breaking contract and letting tmobile pay for termination fee.
If he decides to pay off and move to another carrier in a year, he can probably resell the iPhone 15 for $800 next year.. making a point that your not trapped into Verizon with a huge loss of money

Ppl complaining about the 36 months needs to realize your not really locked into a contract like the old days of carrier subsidized phones
Last edited by enzoharikari September 29, 2023 at 06:14 AM.
1
Sep 29, 2023
218 Posts
Joined Jan 2016
Sep 29, 2023
Jn356
Sep 29, 2023
218 Posts
Quote from enzoharikari :
If he decides to pay off and move to another carrier in a year, he can probably resell the iPhone 15 for $800 next year.. making a point that your not trapped into Verizon with a huge loss of money
tmobile pays your phone termination up to $800 in mastercard gift card but I'm betting you're going to pay a hefty amount for signing up and being locked into a new tmobile plan but that's something to think about, thanks.

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Sep 29, 2023
166 Posts
Joined Sep 2013
Sep 29, 2023
Xike
Sep 29, 2023
166 Posts
Quote from gordita :
can someone who's on an unlimited plus plan with 3 lines comments on what's the final monthly total including taxes and fees?
I'm struggling to find this info.
I would like to compare it against my current ATT bill which is $151 for 3 lines - (mid-tier unlimited plan).
T-mobile unlimited Go5Plus seems comparable with $150 for 3 lines all including fees but I suspect verizon might be a whole lot higher.
Someone posted this link to calculate the taxes and fees.

https://www.verizon.com/support/taxes-and-surcharge-estimator/?cjdata=MXxOfDB8WXww&CMP=afc_m_p_cj_na... [verizon.com]

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