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iPhone 5 & Verizon

I am 18 years old and from a lot of looking around and searching the web Verizon charges a max of $400 for a deposit (I hope that's true) but my question is when I pay the deposit do I have to pay FULL RETAIL for the phone too or do I still get the discount of 199.99 for the iPhone 5?

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Re: iPhone 5 & Verizon
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The deposit I understand is just that, its to insure your payment of your invoices to the carrier.

I would think you can get your iPhone at the reduced price with two year contract. please remember that you will also pay an activation fee, and a data plan fee, (Depending on plan) plus your charges for one month in advance, and any partial month depending on your start/end date of your service month.

Best way to get your question answered is to stop into a verizon company store and have them figure it out.

Good luck...

Re: iPhone 5 & Verizon
Customer Support

jamalb1, we're excited that you have chosen us to be your wireless provider! As a new customer, you will be able to take advantage of promotional pricing on a new iPhone 5. Currently, the 16 GB iPhone 5 is $199.99 with a two year agreement, If you accept a two year agreement, you will not have to purchase that device at full retail pricing.

When setting up new services, you will be subject to credit check. If a deposit is required, you will be provided with the option to pay that deposit by credit card or with cash in the store. Click here to start new services, online at our website,

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