Verizon officials have confirmed what SmartMoney was told by Verizon sales reps at a number of stores around the country: The company is ending its popular "New Every Two" program, which offers Verizon subscribers a credit of $30 to $100 toward a new phone every two years. As of Jan. 16, the company will stop offering the credit to new customers and won't re-enroll current customers in the program after their next New Every Two upgrade. The cell carrier is also putting the brakes on its permissive early upgrade policy, store representatives confirmed.
http://finance.yahoo.com/family-home...odbye-upgrades
Quite honestly this annoys the crap out of me. My contract expires in September and I was looking forward to using my upgrade amount to get a new phone.
Also have to love that later on in the article Verizon's "reasoning" is that people will "spend" the money for the phone. I'm sorry, I have no desire to spend $300 bucks on a phone. I'm not made of money, I don't have a money tree growing in my apartment.
I've been with Verizon for 6 years now. What a great way to say that I'm a valued customer, taking away my upgrade. Awesome.
I think I might be looking into another company come September, that is if other companies don't start shafting their customers as well.
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