Every business has its own secret recipe for success, and Verizon uses a perfect blend of various elements to ‘spice’ up its service. The carrier is known for its premium promotional offers and strategically uses people’s desire to replace their cell phones with excellent trade-ins. According to Statista, most Americans upgrade their phones every 2 to 3 years, and Verizon’s trade-in offers people the chance to get their hands on the flagship models of iPhone, Samsung, or Google.

Up to $1,000 off select phones w/ select trade-in.

Trading in your current device usually helps you save some money, and with Verizon Wireless, you might be eligible for specific trade-in promotional deals. Moreover, it is also an excellent choice to promote sustainability.

What is the Verizon Trade-in Program?

You might think that your current device is worthless, but before ditching it for a newer and ‘better’ model, consider trading it to receive some benefit. Verizon’s trade-in program is a perfect solution for reasonably upgrading your phone, watch, or tablet without harming the environment. This program gives you some store credit or a gift card in exchange for your existing device. You can use this benefit to cover the price of a new gadget or a mobile plan.

However, Verizon’s trade-in benefit depends on the current value of your device, and there is a chance that you might not receive it. But the best thing about Verizon is that even if your device has no value, the carrier offers to recycle it for free. Verizon’s trade-in process is very clear. You can either bring the device directly to the store or visit the device trade-in page to determine its worth before mailing it to Verizon. The provider proposes a value via a questionnaire that asks you about your gadget’s make, model, and condition.

Pros

  • Straightforward process that helps customers to easily upgrade their phones
  • Helps customers save some money through an account credit or a virtual gift card
  • Contributes to sustainability by recycling old devices

Cons

  • Trade-in value varies with the device’s manufacturer, condition, and model
  • Every device does not qualify for the trade-in

Verizon Trade-in Deal Eligibility

Before diving right into the trade-in process, you should be aware of all the terms and conditions to avoid potential pitfalls. Verizon’s trade-in process is easier than many other options, as the carrier has disclosed all the necessary details on its website. Still, you should know that every device is not eligible for the trade-in and there is a possibility that your phone, watch, or tablet might be one of them. So, if you have decided to upgrade your device through Verizon, remember that the carrier accepts the following gadgets.

  • Smartphones
  • Tablets
  • Smartwatches
  • Basic phones
  • Mobile hotspot devices
  • Netbooks
  • Prepaid 3G phones that have been in service for at least six months
  • Activated 4G prepaid phones with at least a full first-month payment

As for eligibility, Verizon determines the worth of your device on its condition. So, make sure to keep the following things in mind:

  • The device should be active
  • It should be unlocked
  • It should not be damaged in a way that affects its functionality
  • It should not be government’s property or bought through the government’s support

You don’t have to complete your term agreement before trading in with Verizon. Devices with a two-year contract or on a monthly device payment plan are eligible. Moreover, if you are on a payment plan, the value can be applied immediately, either toward your current installment or as credit for a new device once the remaining debt is paid off.

Verizon Wireless Trade-in Value

Instead of locking your old devices in a drawer, exchange them for some credit and get the latest model you have been eyeing for a while. The first step is to inspect their condition. To get the most out of your unused device, make sure that it is in tip-top condition and functional with no scratches or cracks. If it meets the eligibility criteria, the next step is to decide if it is worth the trade-in.

Verizon gives you two options for the trade-in process. You can either take your device directly to the nearest Verizon store for inspection to receive instant credit or use the more convenient Verizon trade-in online tool to assess its value. The carrier will ask a series of questions about your device and will use this information to provide an estimate. Keep in mind that Verizon will decide the final trade-in value of your device after receiving it through the mail. For the online process, the carrier will send a prepaid return kit so you can send your old device. It will then personally inspect the condition of your smartphone, watch, or tablet and verify if it is in good shape.

If your device meets all the requirements, you will then receive an account credit, or you might be eligible for a Verizon eGift card. The best thing about these benefits is that they are not solely limited to buying a new phone. Verizon allows you to apply them toward a range of products, from tablets to smartwatches, or even your monthly bill. The trade-in process is hassle-free, as Verizon covers the shipping costs for the return. Just follow these few tips before sending your device to the carrier:

  • Delete all personal content, including photos, information, and contacts
  • Remove all the cards, such as SIM and memory cards
  • If your device’s battery is damaged, remove it. If it is not removable, then, unfortunately, your device is not eligible for the trade-in.

Remember that the online trade-in process can take up to 4 to 6 weeks, and you can expect the credit within 1 to 3 billing cycles after the inspection.

Best Verizon Trade-in Deals

Unwrap the latest iPhone or Samsung Galaxy models with the best Verizon trade-in deals. The carrier consistently provides excellent trade-in offers to its customers throughout the year. This holiday season, Verizon is offering something more enticing. For now, you can exchange any eligible device for the latest iPhone, Samsung, Google Pixel, tablet, smartwatch, and more at incredible rates.

Verizon is currently offering up to $1,000 in credit for an eligible cell phone trade-in to existing customers who are adding a new line on Unlimited Ultimate. Meanwhile, customers upgrading their existing line can receive a credit of over $800. According to Verizon, you will receive a different promo credit with other Unlimited plans. And remember that you will not receive a flat amount. Instead, Verizon will distribute the trade-in credit over 36 months. In simple terms, the amount will be applied to your account as a discount on your monthly bills or device installments over the course of 3 years.

The most important thing to remember is that since the carrier often changes these deals over time, the best way to stay informed about Verizon’s current best offerings is to check its website.

Best Verizon Trade-in Deals
Devices Storage Retail Price Trade-in Value
New Line Upgrading Existing Line
iPhone 15 Pro 128 GB $999.99 Save up to $1,000 Save up to $830
256 GB $1,099.99
512 GB $1,299.99
1 TB $1,499.99
Samsung Galaxy S23+ 256 GB $999.99 Save up to $1,000 Save up to $800
512 GB $1,119.99
Google Pixel 8 Pro 128 GB $999.99 Save up to $1,000 Save up to $639.99
256 GB $1,059.99
512 GB $1,179.99
*promo credit can end at any point if you no longer meet the eligibility requirements. **Select Unlimited plans are required ***Terms & conditions apply

Final Word

Verizon not only has the best discounts on the latest phones but also offers excellent mobile plans for anyone who wants to switch to its network. Verizon Wireless trade-in offers customers a convenient method to get the latest devices without contributing to the e-waste. The carrier’s consistent and evolving trade-in deals allow customers to unlock significant savings on the latest smartphones, tablets, and accessories throughout the year. Moreover, it gives you the option of applying this credit to your monthly service cost, providing immense flexibility. 

Verizon’s trade-in process is transparent, whether you opt for an in-store or online procedure, and guarantees that customers receive fair value for their devices. In short, Verizon Wireless trade-in is a sustainable and beneficial solution for those looking to stay updated with cutting-edge technology.