Will ATT pay me to switch from Verizon?
AT&T and Verizon are two of the four biggest players in the US wireless market and are known to offer deals for customers to switch from one to the other such as offering to pay your early termination fees in case you want to switch from their networks. Well, will AT&T compensate you to ditch Verizon? Now let’s take a closer look at these.
There is also an exploration of how AT&T Internet attempts to gain the loyalty of Verizon consumers.
Like many carriers, AT&T conducts frequent promotions to lure customers away from other networks such as Verizon. Some of their common strategies include.
- Reimburse early termination fees – A promotion that was rather popular at AT&T is to cover the termination fees that new customers have to pay for leaving their previous carriers, up to $650 per line.
- Upgrade promos – AT&T tends to provide cash incentives to its customers to give up their used phones when they are subscribing to the company. The sum differs and can reach several hundred dollars on average depending on the device.
- Free devices/accessories – New customers may get a free phone, smartwatch, speaker, etc if they switch to AT&T with their number.
- FA bucks – Using this option ensures you get one of AT&T’s unlimited data plans and hundreds of bucks in bill credits over your first few bills.
The downside of all of these promotions is that you are required to commit to a new term contract with AT&T, which may range from 24 months up to and beyond depending on the plan. So while they can help fund your escape from Verizon, you’re signing up for a couple years of AT&T loyalty.
How Much Does AT&T Pay for You to Switch?
Early Termination Fees: AT&T’s ‘pay off your’ early termination fees are normally the most attractive incentive that they offer. Here are the specifics:
- Up to $650 per line that’s transferred is covered. The majority of Verizon’s customers on the other hand will be able to receive the full $650, for the simple reason that most of the early termination fees that this company levies on its customers are around $650.
- Use for those with an individual plan, as well as those who are porting over multiple lines from a family or business plan.
- It does not involve any exchange of your current mobile phone for another one as in the case of other mobile phone companies. But if you are looking forward to buying new phones on AT&T, this deal can be made even more affordable when you trade in your current phones.
- Must bring your own Verizon number and enroll in an unlimited plan with a locked term.
Some other things to be aware of: if you cancel Verizon before going to AT&T, they do not have to pay anything because there is no more ETF. This offer can only be availed when purchasing the device directly from AT&T and not through other third-party dealers. To get reimbursement for the early termination fees, you will need to provide Verizon’s final bill showing the amount charged within 3months after activating the AT&T service.
Should I Switch to AT&T?
While $650 or potentially even more in incentives sounds enticing, there are a few key factors to weigh before leaping Verizon over to AT&T.
1. Accessibility and speed of networks in your region
2. Original monthly plan prices and any savings that you might forfeit
3. Pricing of new phones and trade-in values
4. Overall customer service reputation
5. Another disadvantage is that by leaving Verizon you lose any loyalty perks that you could have enjoyed.
You will need to know what specifics of the AT&T coverage map for your neighborhood, job, commute, and any other places you go often. Verizon tends to win more awards when it comes to network quality as AT&T calls theirs ‘’The Nation’s Best 5G’’ yet their network wins more awards than Verizon but when it comes to the network quality.
Regarding pricing, one should pay attention to the differences in individual plan rates, as well as the number and quality of the features included in each plan. The incentives are not long-term while you will be paying your cell phone bill every month for the next two years. Therefore shop plans based on your data and calling needs and not get painted into the corner by short-term switchover deals.
The final checklist is that yes, AT&T CAN offer you money and other incentives to switch over from Verizon and that often the amount of your early termination fees is the largest check the carrier will directly pay you. But avoid changing to T-Mobile just because of the enticements offered without assessing AT&T’s network and prices more closely to decide if it’s the right one for the long haul. Their options are always time-bound so it is advisable to do your research well before you jump into it.
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