Updated on September 7, 2017
Verizon Wireless has brought back their free iPhone 7 with trade-in just in time for Christmas, but perhaps even better is an iPhone 7 for only $10/month – NO TRADE IN required. Surprisingly, you can get even get an iPhone 7 PLUS for free with trade in. The PLUS makes the trade in much more valuable…which was not included last time around.
A few months ago, Verizon had a very popular free iPhone 7 with trade in of any iPhone 6 (6, 6+, 6S, 6S+).
UPDATE 12/24/16: The $10/month offer for iPhone 7 has expired yesterday, but today it is still available for Galaxy S7. The FREE iPhone 7 with trade in is still available.
No Trade In Required Offer
I don't think it's worth trading in an iPhone 6S or 6S+ (regular 6 does not qualify), so this offer is very attractive as you are buying an iPhone 7 for just $240 after you pay your $10/month and get all your credits over 24 months. Yes, you'll need to stay with Verizon Wireless for 24 months to get the full credit. You are buying your iPhone 7 for $240 ($10 x 24 months) instead of the usual full price of $650. Want more memory, you can just pay a little more:
- iPhone 7 32GB for $10/mo
- iPhone 7 128GB for $15/mo
- iPhone 7 256GB for $20/mo
Up to $649.99 device payment purchase req'd. Less up to $649.99 trade-in promo credit (for free iPhone 7 32GB) or up to $409.99 bill credit (for $10/mo) applied to account over 24 mos; credit begins w/in 2-3 cycles & promo/bill credit ends when balance paid or line is terminated/transferred; 0% APR. Eligible trade-in phone must be in good, working & cosmetic condition. Free phone offer not combinable with other trade-in offers.
iPhone 7 Free – Trade In Offer
Link to Offer (Expires 12/25/16)
The trade in for the iPhone 7 PLUS seems to be the real deal here. If you trade in a phone, you can get the iPhone 7 (or 7 Plus) for free, BUT, the trade in for an iPhone 7 does not seem as good. Why? Because you'll need to trade in an iPhone 6S or 6S Plus and then you avoid paid the $10/month, or a $240 savings after 24 months. So… you are selling your iPhone 6S or 6S+ for $240. You could sell it for much more on eBay or Swappa.
In short…if you trade in an eligible phone, you can get a base model iPhone 7 for free, or pay a little more for the more memory:
- iPhone 7 32GB for free
- iPhone 7 128GB for $4.17/mo
- iPhone 7 256GB for $8.33/mo
It is not listed on
Fine Print for the free iPhone 7 PLUS
$769.99 device payment pchse reqd on 32GB. Less $769.99 trade-in and promo credit over 24 mos; starts w/in 2-3 cycles; ends when balance is paid or line terminated/transferred; 0% APR. Fully-paid eligible trade-in must be good working and cosmetic cond.
Phones Eligible for Trade In
FREE iPhone 7 32gb base model when you trade in these phones:
- iPhone 7 (who would do this… but you can also get a PLUS for free, see below)
- iPhone 7 Plus
- iPhone 6s
- iPhone 6s Plus
Galaxy S7 edge
Galaxy S6 edge
Galaxy S6 edge+
Droid Turbo 2
FREE iPhone 7 PLUS base model when you trade in:
- iPhone 7 (in case you are tired of your almost new phone)
- Samsung S7 Edge
$100 iPhone 7 PLUS base model when you trade in:
- iPhone 7, 6S, 6S Plus
- Samsung S7, S6, S6 edge, S6 edge+, Note 5
- LG G5, V10
- Droid Turbo 2
- HTC 10
Android Trade In Offers
Verizon is also offering the same deal for Android phones — $10 per month without a trade in or free with trade in. The eligible phones are the same (listed above)
- Google Pixel
- Galaxy S7 & S7 Edge
- Moto Z Play
Valentine's Android Promotion 50% Off (No Trade-In Required)
9/8/17: This promotion was for Valentine's 2017 – Verizon offered 50% off with “no trade-in required”. I've added this screen shot for a reader who is having problems getting the discount from Verizon. (Source)
2GB Bonus Per Month For Life
When I traded in my phones to get the iPhone 7 for the lines on my family plan I also upgraded to the new Verizon plan. This plan included 2GB bonus data per month for life. Here's a screen shot for Jennifer who wrote in the comments and is having trouble getting her bonus data. It may have required a minimum size data plan, like the 12GB plan that I have.