Does Verizon Give A Senior Discount?
There indeed is a Verizon senior discount – in the form of the 55+ Unlimited plan for users aged 55 or up. But there’s a catch – at the moment of this guide’s writing, it was only available to Florida residents.
The 55+ plan has the following features:
- Unlimited 4G LTE/5G data (coverage varies).
- Unlimited domestic talk & text.
- Talk, text, and data in Mexico and Canada.
- DVD-quality streaming (480p).
- Unlimited mobile hotspot with speeds up to 600 Kbps.
- Verizon Up Rewards (only for participants in Verizon Selects).
- 6 months of Apple Music.
55+ Unlimited allows for up to 2 lines. 1 line costs $60 per month (plus taxes & fees), while 2 lines cost $80 per month ($40 per line). Note that these prices are for customers who enroll in Auto Pay. According to the 55+ FAQ page, Auto Pay gives you a $10 discount per month per line.
For comparison, standard Unlimited plans cost from $70/mo to $90/mo for 1 line and from $120/mo to $160/mo for 2 lines. Unlimited plans have better features than 55+ Unlimited, but 55+ is certainly more pocket-friendly.
There used to be other Verizon plans for seniors, but according to the Verizon forum, they’re no longer available. So we only have 55+ in Florida until Verizon comes up with something else.
Other Ways To Save With Verizon?
In case you can’t make use of the 55+ Unlimited plan, know that Verizon offers other ways to save.
There are four wireless plans (more feature-rich than 55+) for each category. The cheapest plan costs from $30/month/line for 4 lines to $60 per month for 1 line. The most expensive plan costs from $50/month/line for 4 lines to $80 per month for 1 line (terms apply).
You’ll need to prove eligibility to access these plans.
Military members may also choose the Business Unlimited Essential plan. It costs $30 per month per line and supports from 5 to 99 lines.
Fiber optic starts from $34.99 per month for a 200 Mbps connection and goes to $64.99 per month for gigabit connection.
Note that these prices don’t include tax and are typically with Auto Pay enabled. Without Auto Pay, fees may be higher. Setup fees and other charges are also not included – read the fine print to get more accurate info.
Also, Verizon offers Lifeline plans for home phone services and fiber-optic internet services. Lifeline is an FCC (Federal Communications Commission) program aimed to provide low-income consumers with affordable access to communication services. Find out more through the provided links.
Interesting facts about Verizon:
- According to Investopedia, Verizon is the second-largest telecommunication company by revenue in the world after AT&T. As of January 2021, Verizon had $128.4 billion in revenues in the reported past 12 months, while AT&T had $172.9 billion.
- Within the first 6 weeks of 2017, Verizon lost nearly 400,000 phone subscribers as people migrated to competitors such as T-Mobile and Sprint. Things could have become worse if Verizon hadn’t reintroduced unlimited data plans in February 2017. The new plans brought in about 110,000 new subscribers.
- In 2017, BI Intelligence found that Verizon was the third among the Big Four telecom companies in the US in terms of customer loyalty. 15% of Verizon subscribers said they wouldn’t switch providers for anything. Sprint had 7%, AT&T 16%, and T-Mobile 23%.