Since Verizon no longer offers free phones with contracts anymore (and they overcharge for data), I was trying to find the best deal on a new phone for my daughter, Macy.
She wanted an iPhone 7, but the $649.99 retail price was a tad out of her budget, and she didn't need another monthly bill. I suggest that we look into the free Android smartphone phone offer. She agreed that she could settle for a Samsung Galaxy S6 over an iPhone 7 to save money.
I went through the Sinclair DINO Rewards link to start the process of getting Macy her free phone. I found the same offers from Burger King and Liberty Mutual, so it must be legit, right?
The “offers” are powered by Wireless Advocates, and I had a heck of a time trying to checkout. So decided to chat with a Verizon rep online and ask if he could match the deal. I sent him the link, but the reps are not allowed to click outside links (understandable), so I explained the offer to him. He said no, that I'd have to go through wasvcs.com to get the deal.
I had to switch browsers to be able to checkout, but then it started showing the charges on my account, which were more than I was currently paying. Since I still had the chat window open (I love double monitors), I asked the rep if my monthly charges would be different if I took advantage of the “free” phone.
I'm currently paying $20 per phone per month, but if I got the “free” phone, the charge per month for that line would increase from $20 to $40 per month (plus taxes and fees, etc). The activation fee would also increase from $20 to $40. Ugh.
At Verizon, the monthly cost of the iPhone 7 is $27.08, but you can get $300 trade-in credit that that's applied to your account over the same 24 month period ($12.50 per month) making your monthly payment only $14.58.
So guess who is getting a new iPhone 7? Yep, Miss Macy. The iPhone 7 monthly cost minus the trade in credit makes the monthly payment less than the “free” phone's monthly cost.
If it sounds too good to be true, it probably is.
Image Source: warrengoldswain / 123RF Stock Photo