How much is a two year Verizon contract?

The other fee relevant to a two-year contract is the ETF. On Verizon, the ETF on a two-year contract for a smartphone is $350 when you first purchase your phone and sign the contract. This $350 ETF on “advanced devices” (smartphones) stays for the first seven months of the contract.

What is the early termination fee for Verizon?

If your contract term results from your purchase of an advanced device, your early termination fee will be $350, which will decline by $10 per month upon completion of months 7–17, $20 per month upon completion of months 18–22, $60 upon completion of month 23 and will be $0 upon completion of the contract term.

When do you become a Verizon Wireless customer?

Once you’ve completed your contract term, you’ll automatically become a customer on a month–to–month basis for that line of Service. If your line of service has a contract term and you cancel that line, or if we cancel it for good cause, during that contract term, you’ll have to pay an early termination fee.

How much does it cost to upgrade a Verizon line?

Whether you are upgrading or adding a new line on a Verizon two-year contract, you pay a $40 per line upgrade/activation fee that shows up in your next bill. Almost all Verizon customers, with the exception being larger business accounts, pay this fee.

Do you have to have a two year contract with Verizon?

By agreeing to a contract, customers can access a new phone at a lower upfront cost and with no more to pay, although the contract does mean said customers will be tied to Verizon for a two-year minimum. However, even loyal subscribers no longer have this option.

Are there any changes to the Verizon contract?

Two small but not insignificant changes from Verizon: the carrier has finally, officially ended two-year service contracts, and – disappointingly – raised prices on all activation and upgrade fees.