Verizon to introduce $30 upgrade fee on April 22ndAlex Wagner - Deputy Managing Editor, News Desk
Heads up, Verizon customers. Today it was announced that Verizon will be introducing a $30 upgrade fee on April 22nd. The fee will apply to customers buying a new device with a two-year contract, and Verizon says that the fee will help it to continue to provide support and services that include Wireless Workshops, online educational tools and consultations with experts. Verizon also notes that many devices can be traded in using its trade-in program to save money and possibly offset this new $30 upgrade fee.
Now that Verizon has decided to begin charging an upgrade fee, it means that all four big carriers now have such a fee in place. Both AT&T and Sprint recently doubled their upgrade fees to $36, and T-Mobile charges customers $18 to upgrade to a new device unless they buy the product at full cost. So it's definitely a bummer to see Verizon institute an upgrade fee, but hey, at least Big Red customers can take solace in knowing that they're not the only ones to face such a fee. Verizon's full statement on the matter can be found at the source link below.