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Verizon adds monthly plans to prepaid lineup

In November 2007, Verizon did away with their popular EasyPay prepaid monthly plans. The reason, as they told it, was so they could focus more on their pay-as-you-go plans. They introduced new rate plans earlier that month, and with fees from 99 cents to $2.99 per day, it made sense that they wanted customers on those plans. But with other prepaid services changing to a rate plan system, Verizon has adapted. They’ve introduced new monthly plans that mimic their contract counterparts.

The above graphic describes the rate plans. They’re actually the same as the postpaid contract plans, but $5 per month more expensive and with no Friends & Family numbers. Though, how they charge an overage rate for an unlimited talk plan is beyond me. Like the new MetroPCS plans, the listed price is the final price. There’s no specific mention of it, but I assume unlimited mobile to mobile applies for prepaid.

What does this mean for Verizon’s pay-as-you-go plans? At $3.99 per month, the unlimited talk plan comes out to $120 per month, or $25 more than the new unlimited talk and text plan. The 5 cents per minute plan costs $1.99 per day, or $60 per month before you even make a call. Could we see Verizon dump these, or perhaps revamp them to give them a different value proposition?

6 Responses

  1. mike freeman Says

    The new plans are a better deal for previous daily access users who end up talking EVERY Day. The unlimited plan itself saves $45 over the daily access unlmited plan , which at 3.99 a day works out to near $120 a month.

    The great thing about the new 450/900 anytime minute plans is that they INCLUDE unlimited mobile to mobile, 9pm nights and weekends.

    They are a far better value for people who use their phones on a more regular basis then daily access users.

    I don’t think they will revamp the daily access prices in order to keep a differentiation between the two groups of monthly vs daily access plans.

    Daily access, you pay more per use, but if you don’t use it every day you can end up saving more.

    Monthly, if you use it every day or just about every day, it comes out to a better value.

    Each has a different niche. A person who uses the phone every day for example, would be losing money with the daily access plans. They should be on the monthlys.

    Posted on January 16th, 2010 at 12:24 pm
  2. Ron Lehnis Says

    Hi Mike have you heard any thing of when these new monthly prepay plans are going to roll out.Ron

    Posted on March 24th, 2010 at 8:28 am
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  5. Michael Says

    This is all outdated material. Verizon has the monthly $50/month unlimited for talk, text and basic web that came out about the middle of 2012. Now Verizon has expanded their footprint for prepaid customers.

    Posted on September 5th, 2012 at 11:01 pm
  6. Joe Says

    Dude, it’s a blog. This post came more than 2 and a half years ago. Of course it’s outdated material. That’s the nature of blogs. The $50 plan was covered when it came out:

    Posted on September 6th, 2012 at 4:58 pm

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