Hi, I heard that if you are on a two year contract with verizon that you could actually upgrade to a new phone after one year. Is this true? And if so, how do i know if I qualify?
It is only applicable to the primary line on a family share, or an individual line, where the base plan is $49.99 or higher. After fulfilling one year of a 2-year contract, you are able to upgrade at the 2-yr contract pricing. That will extend your contract out for 2 years from the date of upgrade. Since Verizon is letting you upgrade early, (one year into your two year contract) there is a $20 processing fee on top of the cost of the phone, unless you are VIP then the fee is waived. When you do the early upgrade, you forfeit your New Every Two eligibility for two more years.
To see if you qualify you can go online via My Verizon or just call into Customer Service and they can quickly tell you...
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