New iPhone on Installment: Unlocked after 60 days? Or 2 years?
cw220
Enthusiast - Level 1

If I purchase an iPhone 13 on an installment plan (say, 24 months) with trade in credit (say, $800) and I make payments on time and account is in good standing, will it be unlocked 60 days after I receive the phone? Or will it only be unlocked once I've paid off the phone in full (i.e. either I lose my $800 trade in credit or wait 24 months)? Finally, Is this the same for business and personal lines? I have received contradictory answers from multiple Verizon representatives, so I would love this answered once and for all.

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Re: New iPhone on Installment: Unlocked after 60 days? Or 2 years?
Ann154
Community Leader
Community Leader

The official policy is their Device Unlocking Policy. It is linked below.

https://www.verizon.com/about/consumer-safety/device-unlocking-policy

I'm most definitely NOT a VZW employee. If a post answered your question, please mark it as the answer.

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