A lot of subscribers have asked why the upgrade fee . According to Verizon, this fee is utilized as a part of the running cost of providing subscribers with the fastest and most stable 4G LTE network.
One inquiry we ran across in our research was “Why does verizon charge an upgrade fee?”.
As to WHY Verizon charges the upgrade fee, I would suppose it is because that is the price they have decided to charge . They have decided they need to charge more for discounted phones(or in essence give a smaller discount from the retail price), but because of competition in the marketplace they are unable to increase the price of the actual devices.
You could be thinking “Does Verizon charge a $40 upgrade fee for the edge?”
Yes, Verizon customers pay a $40 upgrade fee when purchasing a phone with a ~$400 discount in price . You can get out of paying that $40 upgrade fee by purchasing the phone on Edge or paying full retail cost up front. Re: Upgrade fee?
You’re charged an upgrade fee when you buy a new device at retail price or through the device payment program. The upgrade fee is $20 when upgrading through the My Verizon app or My Verizon online ($40 when activating in a store or by phone). The upgrade fee is refunded if you return the device within 14 days of the date of purchase.
How do I avoid the upgrade fee on my phone?
Customers are still charged for the upgrade fee if they purchase a new phone at the full retail price from Verizon Wireless. The only way to avoid the upgrade fee completely is to purchase the phone from the manufacturer directly . I’m most definitely NOT a VZW employee. If a post answered your question, please mark it as the answer.
What is the difference between activation fee and upgrade fee?
This fee applies regardless of the device type, since each device is set up individually: The activation fee is a one-time charge for activating a new line of service on the Verizon network. The upgrade fee is a one-time charge for changing to a new device on the Verizon network .
How much does it cost to activate a phone on Verizon?
We charge a one-time $35 fee per device activated or upgraded on the Verizon network. This fee applies regardless of the device type, since each device is set up individually: The activation fee is a one-time charge for activating a new line of service on the Verizon network.