Verizon Wireless is overhauling its prices for wireless service. The company says the new plans are simpler… but that doesn’t mean they’re actually simple.
The good news is that there are fewer choices to make. The less good news is that you won’t necessarily save any money with the new plans which take effect starting August 13th.
So here’s the deal: there’s no longer such a thing as single-line or family plans. Instead you pay $20 per month for each smartphone you want to add to a plan, and you get unlimited domestic voice minutes and text messaging.
Then you choose a data plan:
- $30 for 1GB of shareable data
- $45 for 3GB of shareable data
- $60 for 6GB of shareable data
- $80 for 12GB of shareable data
In other words, if you have a single phone and want 3GB of data, you’ll end up paying $65 per month. Have two phones? That’ll be $85 per month and you both get to share that 3GB of data. But if you want 6GB (so you can each use up to 3GB), then the price goes up to $100 per month.
Oh yeah. Those prices don’t include the cost of your phone. Verizon will no longer offer discounted phones to customers who sign a 2-year contract.
Instead, you can buy your phone outright or pay for it in monthly installments. That’ll either increase your up-front costs or your monthly bills.
Want to add a tablet or portable WiFi hotspot to your plan? That’s $10 per month on top of the price of your data plan. Smartwatches and other connected devices add $5 per month to your bill.
Verizon’s new plans can be shared between up to 10 devices.