Verizon Edge is Dead, Contracts on Chopping Block

Verizon Edge is no longer an option to buy a new iPhone or Android smartphone as the company rolls out a new brand for device payments, likely in anticipation of cutting two-year contracts from the carrier. Expect to see more changes before iPhone 6s release date this fall and maybe in time for thethe Galaxy Note 5.

Starting today there is no more Verizon Edge payment option that allows users to pay around $20 to $30 a month for a smartphone. If you are looking forward to buying a new smartphone on a payment plan with Verizon that is still an option, but it is big hint at changes to come.

Instead of Verizon Edge, customers can buy a new phone on a Verizon Device Payment Plan. This is already live on the Verizon website, and it is rolling out to retail stores who will update signage in the coming days.

One source speaking to Gotta Be Mobile shares that this change is likely in preparation for killing off two-year contracts in the very near future. With a simpler name like Device Payment, Verizon is effectively removing the illusion of multiple ways to pay for a phone.

Verizon Edge is no longer an option and the new plan could soon kill Verizon two-year contracts.
Verizon Edge is no longer an option and the new plan could soon kill Verizon two-year contracts.

Another reason that the change to Verizon Edge hints at dropping two-year contracts is the addition of two important features to the payment plan that simply did not exist on Verizon Edge.

Under the new Device Payment plan buyers can swap upgrades to get a phone on a payment plan. A common tactic to get a new phone faster on a two-year contract is to borrow an upgrade from another line on your plan. This was not officially supported with Verizon Edge, but it is now an option on the new Device Payment Plan.

Verizon will also allow an assumption of liability on the new Device Payment plan. This allows a user with a payment plan to essentially hand over the phone and the remaining payments to another person who becomes responsible for paying for the device and service.

Shoppers can still buy a smartphone from Verizon on a two-year contract online and in stores at this time. While there is confirmation of Verizon Edge changes, the Verizon website does not list an end to two year contracts at this time. We expect to hear more about potential changes in the coming months.

10 Things to Do Before the Galaxy Note 5 Release Date

Research Your Galaxy Note 5 Storage Needs

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Research Your Galaxy Note 5 Storage Needs

The Samsung Galaxy Note 5 isn't official yet but that doesn't mean that you can't prepare for its arrival. There are a number of things you can do ahead of Samsung's announcement and release and deciding on how much storage you might need is one of them. 

The Samsung Galaxy Note 5 design is reportedly going to be similar to the Galaxy S6's. That means premium build materials but it also means no microSD card slot for expanded storage. If this is true, and it probably is, it's going to put pressure on you to figure out how much internal storage you'll need. 

If Samsung's Galaxy Note 5 doesn't feature expandable storage, it'll likely come with several storage options. Those storage options will vary in price. You don't want to pay for storage that you're never going to need so you'll want to think about this ahead of time.

Take a look at your current device, think about how you might use your next phone, and estimate how much storage it will take to feel comfortable. For some of you, it might be 32GB. For others, it might be a 128GB of space. 

We don't know how much the Galaxy Note 5 will come with yet but chances are we'll see some sort of combo featuring 32GB, 64GB and 128GB.

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19 Comments

  1. Mark

    07/24/2015 at 1:46 pm

    The whole advantage of the Edge Program at conception was the chance to “edge-up” to the latest technology after 50% of the device was paid for, (usually within 12 months), and a number of substantial discounts on the plan vs a 2 year contract giving the program the “edge” over the 2 year plan program. Recently Verizon changed the Edge Program without notice and without notification to their Edge customers to 75% paid before you could edge-up. In the last few months they have changed the Edge Program again to requiring 100% of the device to be paid prior to starting a new Edge Contract. Now on the 50% & 75% programs you had to send your old device back to Verizon. Now with the 100% paid over 2 years before you can start a new VDPP contract, you may own the device but there’s no advantage (edge) over the competition or over a 2 year contract. And it sounds like Verizon wants to discontinue those as well. Verizon is playing a game at the expense of their customers.

    Reply

  2. Larry

    07/24/2015 at 4:56 pm

    That’s the greedy BIG RED for you that’s why I’m glad I’m with t mobile and dumped verizon two years ago!! Verizon sucks!! Pay more and get less

    Reply

    • Brian

      07/25/2015 at 3:32 am

      Nothing has changed Larry just the name.

      Reply

      • Larry

        07/25/2015 at 6:51 am

        Verizon sucks Brian you must be a fan of big red?? Verizon has sucked since day one expensive and trashy customer service I had them for two years and glad I left

        Reply

        • God

          07/25/2015 at 7:08 am

          Sucked so much that not only they are the most expensive but they still have the most amount of customers, deliever the best service and are the most profitable??? Lol…we need to eradicate inbreeding. Dont quit your day job my friend

          Reply

          • Dave

            07/25/2015 at 7:42 am

            They are the most profitable, becuase they charge the most. I highly doubt it cost more to operate their services then it does the other carriers. Yet, they charge twice as much. Therefore, twice the profit. As for the best services. NOT HARDLY. Sprint is catching up on the footprint with the FTC approval to use rural carriers. My sprint bill is HALF my verizon bill. Yet, with sprint. my services are UNLIMITED. not capped. My sprint phones also run circles around my verizon phones for quality. i have YET to actually have a decent phone with verizon. My sprint note2 is going on 2 years. It’s used as my mobile hotspot and my gps tablet. ( long haul trucker). And still has it’s original battery. My verizon note2. came with a trojan. People email me and get a spam email back. Only happens when my verizon note 2 is turned on. Different email apps don’t matter. None of my verizon phones has EVER had a properly working gps chip. They always start overheating after 6 months. I just replaced the battery for the 3rd time. And right now. I’ve got a eye that makes an appearance every 15 seconds in my notification bar. That started about 2 months ago. I haven’t installed an app or downloaded anything in 6 months. My sprint note 2 has it’s updated software with root. My verizon phone has had about 10 software wipes. And not once has been rooted. Both phones have the same 4.4. Neither has been touched since i can’t remember when. Almost a year. My sprint note2 is constantly lit up for gps use and doesn’t heat up. My verizon note2 can’t even sit idle without getting hot at times. NONE of my verizon phones have made it past the 6 month mark without developing issues. I’ve had verizon 4 years ONLY becuase i’m a long haul trucker. And have never been happy. I’ve been with sprint since the beginning. And have absolutely ZERO complains.

          • Genius

            07/25/2015 at 8:33 am

            So you’re blaming Verizon because your Samsung Note 2 manufactured by Samsung and your Samsung battery manufactured by Samsung was not of a good quality??? You do realize Samsung made those and not Verizon right??? Doesn’t that sound ridiculous now? They’e also the most profitable because they have the most customers. Numbers dont lie. I wouldnt go start a business looking to make a little bit of money. Im starting a business to make alot. Your rationale is extremely flawed.

          • Justin

            07/25/2015 at 10:15 am

            Weird I had sprint and literally paid $600 just to cancel my contracts because I was so fed up with them… I had a galaxy s3 at the time unlimited data with 4g capability. I was driving through downtown Austin Texas with that phone passing signs that said “sprints largest 4g lte network” not once did my phone ever switch, I called customer service their excuse was my phone could only use 4g WiMAX not lte. I had the latest and greatest product but was unable to use the service for it. As a matter of fact my phone never once switched to 4g I had it for a year. Sprint is a garbage phone company, they offer you half because you get sub par service and absolute shit customer service. I will gladly pay Verizon “twice as much” (though they are nowhere near twice as much with direct competitors like AT&T) as long as I have a phone that works great and never has issues. This new edge deal is my very first complaint with their service but I called customer service and they said as long as im locked in at 50% like I was then I’m eligible for an upgrade at 50%

          • Mark

            07/25/2015 at 10:34 am

            Justin, you obviously were talking to a Verizon Customer Service representative that doesn’t even know what their plans are. You better look at item 6 on your new contract before signing it. Verizon screwed me over, they said what you said and line 6 said I could edge-up after 100% of the device was paid for. Buyers Beware !!

          • Mark

            07/25/2015 at 10:36 am

            The whole advantage of the Edge Program at conception was the chance to “edge-up” to the latest technology after 50% of the device was paid for, (usually within 12 months), and a number of substantial discounts on the plan vs a 2 year contract giving the program the “edge” over the 2 year plan program. Recently Verizon changed the Edge Program without notice and without notification to their Edge customers to 75% paid before you could edge-up. In the last few months they have changed the Edge Program again to requiring 100% of the device to be paid prior to starting a new Edge Contract. Now on the 50% & 75% programs you had to send your old device back to Verizon. Now with the 100% paid over 2 years before you can start a new VDPP contract, you may own the device but there’s no advantage (edge) over the competition or over a 2 year contract. And it sounds like Verizon wants to discontinue those as well. Verizon is playing a game at the expense of their customers.

  3. Daniel

    07/24/2015 at 6:38 pm

    The only thing that changed is the name of the program. The “Device Payment Program” works the same way as “Verizon Edge.” Customers still receive the $15 and $25 line access credits for choosing to pay for their device monthly. Saying that Edge is dead is a bit of an overstatement.

    Reply

  4. Brian

    07/25/2015 at 3:31 am

    The author is an idiot. Edge has just been renamed Monthly Device Payments because that is all Edge was. The new name simply lets people know what the plan is since Edge seemed to confuse people who thought it was a calling plan. Perhaps the “journalist” that wrote this article should get their facts straight before posting an article.

    Reply

    • Mark

      07/25/2015 at 7:56 am

      “Edge has just been renamed Monthly Device Payments because that is all Edge was”
      That is definitely not all it was. It was a program designed to give the consumer an edge with the ability to upgrade to the latest technology after 12 months of a 24 month payment plan. It was also designed with built-in discounts to make it more attractive to consumers. But Verizon has taken away the “edge” from the Edge Program by removing the ability to edge-up after 12 months of payments on a 24 month payment plan. It’s no wonder they changed the name.

      Reply

  5. Genius

    07/25/2015 at 6:29 am

    The author is truly a complete idiot. The new program is now called ‘Device Payment’ by the way and not ‘Device Payment Plan’. ‘Device Payment Plan’ was the predecessor to Edge based on 12 monthly payments but was retired in 2013. It does not exist anymore!

    Reply

    • Mark

      07/25/2015 at 7:23 am

      The edge program did not begin until 2014

      Reply

      • Jen

        07/25/2015 at 8:27 am

        Verizon edge started Aug 2013 not in 2014.

        Reply

        • Mark

          07/25/2015 at 9:13 am

          Jen & genius, my apologies, after looking at my first Edge contact, it was dated December 2013.

          Reply

      • Genius

        07/25/2015 at 8:29 am

        Edge started in 2013 when device pyment plan was retires

        Reply

  6. Larry

    07/25/2015 at 9:56 am

    Who cares Verizon sucks already and they swallow too, can you hear me now?? Good!!

    Reply

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