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Buying a New Verizon Smartphone? Trade In Your Current Phone and Receive $100 Gift Card (Updated)

Verizon introduced a new trade-in program over the last week or so that will help you land $100 gift cards for trading in old phones and then purchasing new ones.  The deal varies depending on your status (non-customer, adding a line, etc.), but no matter what, should give you an extra $100 to put towards a new phone like say, the DROID Bionic.  After reading some fine print, it looks like the deal could run through November 15 which would cover rumored device like the HTC Vigor and DROID Prime as well.  Understand though, that if you were to buy something like say the Charge or Bionic, you will still have to pay $299 up front, but will then receive a giftcard afterwards in the mail to offset it by $100.  Still, not a bad option.

The site for this promo mentions that it is an online exclusive, but I’ve heard that this may also be available in stores.  Looking for confirmation on that.

Update:  Here are the in-store details from one of our sources:

In the store it works for customers upgrading from a basic phone (one not requiring data packages) to a smart phone (requires minimum $30).  When you upgrade, you are sent a promo code for the VZW trade in site.  Once entered, they send you a box to send in your basic phone, and then when they receive it they send you a $100 gift card.  Currently the stores are only doing the upgrade promotion and not the new activations to VZW like they are doing online.  Some customers are even eligible to upgrade early if they go to a smartphone.

More on the $100 gift card promo.

Cheers Jeff and ac66!

  • Kiol

    verizon needs to shorten the time to upgrade phones.  Two years is a long time.

  • dAF0oL

    is this still going on?

    • http://profile.yahoo.com/D5HWZEW3BJ7BOCBBRSD4YCXT2U Rebecca

      yes it is

  • Hanadarko

    anyone know if this is good for business accounts too?

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  • Bryce

    I would never trade in my OG…….FOR ANYTHING.

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  • Anonymous

    tinyurl.com/2df4ccp

  • Granted

    That “update” didn’t make a damn bit of sense.

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  • Anonymous

    how the f.ck is the charge still $300? thats ridiculous -__-

  • Anonymous

    You can sell a Droid 1 on ebay right now for over $100.  This is a good deal but i plan on getting $150 when I package the docks.  

  • Palmyra

    Interesting but I think I’ll go with the $299 COSTCO offer of 2 docks, home and car, an extra battery and stand/holder for the phone and battery.  This way I can use my OG Droid as a internet radio tuner for my home system. 

    • Anonymous

      The costco offer does not have the car dock.  It has an extra battery with a battery dock, a standard charging dock for the phone, and something else i cant remember.  But its not the car windshield dock.  

      Someone told me you have to be a member at costco in order to get that deal. 

      • Anonymous

        You have to be a Costco member in order to enter the front door at Costco; that’s the point of Costco.

      • http://www.facebook.com/kittygetwet James Sorensen

        has everything he said, battery dock and extra battery, home dock, and car dock

  • Djlowproz

    wonder if i can trade in my OG droid with a cracked screen still 100% functional though.

    • http://profile.yahoo.com/D5HWZEW3BJ7BOCBBRSD4YCXT2U Rebecca

      no/. They ask if the screen is cracked.

    • http://profile.yahoo.com/D5HWZEW3BJ7BOCBBRSD4YCXT2U Rebecca

      You might still be able to trade it though, just not for as much as one with no crack

  • Anonymous

    In the email I recieved from verizon they are also selling the original G-Tab certified pre- owned is only 69.99,  of course on a 2 year, but my thunderbolt says it was for 149.99 and then you get the $100 gift card on top, so pretty much $50 for a tbolt on a 2 year not bad but i would rather wait to see the competition for the Bionic then i will have a decision to make.

    • Anonymous

      You can sell a used thunderbolt for 150 on ebay easy

  • Anonymous

    What happened with the early upgrade thing? Is that just for incredible users? Upgrade it for the incredible hd?

  • http://twitter.com/Rocko9999 Rocko Smith
  • Anonymous

    But if I’ve already paid the full (subsidized) price, what good does a gift card do me?  If they were mailing checks it’d be a different story.

    • Sublime8696

      +1 for your user name.

    • http://twitter.com/Rocko9999 Rocko Smith

      Pay your bill next month.

    • http://twitter.com/Rocko9999 Rocko Smith

      Pay your bill next month.

    • http://profile.yahoo.com/D5HWZEW3BJ7BOCBBRSD4YCXT2U Rebecca

      You can use the gift card towards your bill, toeards adn accessory etc

      • Anonymous

        My company pays my monthly bill and accessories. They don’t, however, pay for the device itself.

  • Anonymous

    except if you have a smartphone then you can sell it for more. when i was doing customer service for verizon i NEVER mentioned this to people because how much of a rip off it is

    • Turd_Ferguson

       Sorry but no one is paying more than $100 for a blackberry storm1. Least that is the phone I would be sending them.  Ha would never return my “OG” or “X” back to vw

      • Anonymous

        god the memories…. every time someone called in and i saw what phone they had before they even said what they called to bitch about, if it was that phone? i right away thought thats what the call would be about. i even tried to get a business that was trying to buy 5 of them not too… i warned them but they insisted…. im sure someone took a few calls after they had those for a week……

      • http://profile.yahoo.com/D5HWZEW3BJ7BOCBBRSD4YCXT2U Rebecca

        What they give you for your phone is based on demand for it, how many they have, etc. My husband got $35 for his droid 2 global, my incredable is $30 something

  • http://twitter.com/baddaBAM baddaBAM

    Amazon is selling it for a penny. 

  • http://twitter.com/baddaBAM baddaBAM

    WTF, is this some kind of big damn deal? wtf is @Droidlife working for here anyway?

  • I’m a winner

    Wife has an upgrade available now $100 gift card. +1. I have an upgrade in october that’s the main line $100 discount + 1. droid bionic $299 – 100 giftcard – $100 main line discount = $99.00 for the Bionic = win win. Woooohooooo

    • Anonymous

      By October the Bionic will be $99 on Amazon to try to compete with the Vigor and Prime.

      Don’t forget that selling your phone on ebay will usually get you more than $100

      • I’m a winner

        True that selling my droid x on eBay will easily get me $20. then I’m way ahead

        • Anonymous

          $20?  You can sell a Droid X in decent condition for $185-$200 EASILY on Swappa. Regular OG Droids are going for about $80 on that site.

  • http://twitter.com/JasonAGrier Jason A. Grier

    Actually hey Kellex on this site.. http://shop.verizonwireless.com/?id=smartphone_trade-in it says “Upgrade from your basic phone to any smartphone with a new 2 year
    renewal and data pak between August 18, 2011 and September 30, 2011.” so you HAVE to upgrade in SEPTEMBER, but you can submit all the paperwork by November… still a good deal for people who are going for the Bionic.

  • Dylan Hageman

    YES! I CAN FINALLY TRADE IN MY DARE LOL

  • Matthewkimmel1

    I work at Verizon, you trade in your basic phone for a smartphone. Once the smartphone is activated you’ll recieve a text message and an email about the promotion, Verizon will send you a bag/box to your current address, you send in the old basic phone, you get a Verizon Gift card (very important, it’s not a viza card like most rebates, you can only use it at verizon/indirect verizon dealers towards accessories/otherphones/bill) 10-14 business days later.

  • Matthewkimmel1

    I work at Verizon, you trade in your basic phone for a smartphone. Once the smartphone is activated you’ll recieve a text message and an email about the promotion, Verizon will send you a bag/box to your current address, you send in the old basic phone, you get a Verizon Gift card (very important, it’s not a viza card like most rebates, you can only use it at verizon/indirect verizon dealers towards accessories/otherphones/bill) 10-14 business days later.

    • Lynahred

      So the card is not really worth $100!!!

      • Turd_Ferguson

        $100 off a bill is still worth a $100 dollars

        • Anonymous

          true but you have to use it on verizon.  Which isnt a problem for most people but still, would be nice to be cash money

  • http://www.facebook.com/joeytrupiano Joe Trupiano

    If this works in-store will it work at costco with the bundle deal?

  • Mike
  • timmy13

    I know that guy

  • Lynahred

    You give them $360 or so and they give you $100.  What a deal.  I think I am going to buy some more Verizon stock.

  • Matt

    The offer is available in stores as follows:
    1) Customer must have an existing basic phone
    2) Customer must have an e-mail address on file with verizon
    3) Customer will recieve an e-mail after purchasing the phone with a promo code to enter on the vzw trade in site.

    And yes the card is only available for use in a verizon store or towards your bill. The promotion is available at indirect stores as well (stores not technically owned by verizon).

    • http://profile.yahoo.com/D5HWZEW3BJ7BOCBBRSD4YCXT2U Rebecca

      not true
      You can use the card towards your bill OR towards accessories or phones (if you ahve an ipad, you could use that card for that :)

  • DroidAllStar

    This promo is also available in a Verizon retail store. Every line that upgrades to a smartphone from a feature phone will qualify for the $100 Verizon gift card. You can also combine this offer with other promotions such as Buy one get one on the Droid 3 or Droid X2, or your new every 2 credit if it is still available.

  • Anonymous

    VZW is clearly more interested in getting folks onto tiered (wait – I mean  ‘usage based’) data plans than they are getting unlimited data plan customers to upgrade to a new phone.

  • Mr.Joe

    OH.

    This is just for new smart phone users.  DATA PLAN TRAP!

  • Mr.Joe

    So this is the new Mail in Rebate?  Technically, I paid $299 for my OG Droid, but got a $100 vzw debit card in the mail.  

  • Aroldan284

    it is available in store also but is only if your coming from a basic phone to a smartphone.

  • http://twitter.com/masroorhussain Masroor Hussain

    love my DX and unlimited data plane….got no money for new phone…

    • http://twitter.com/SciJohn SciJohn

      What’s a data plane and how do I get one?

      • Granted

        I think it’s that you knew exactly what he meant when he wrote “plane”, but the fact that you’re an annoying, anal retentive, syphilis-ridden twat, you just choose not to except it, in your self-deprecating little dickwad world.

        • Anonymous

          How does one except something?

    • Pete

      I would like one data plane tooo

  • http://twitter.com/smittylinc JCS

    After reading over the “Details” here is the bottom line:

    You get this for opening a new smartphone data plan.  This offer does not apply to EXISTING unlimited data plans, only for those starting a new tiered data plan for smartphone.

    • http://profile.yahoo.com/D5HWZEW3BJ7BOCBBRSD4YCXT2U Rebecca

      Yes it is. My husband just traded his Droid 2 and got $35 towards his
      IPhone. The trades are not like you would get for selling it outright.
      It depends on the demand for referbished ones, It is a little like the
      Cash for Clunkers Program. Older phones are harder to update. Most cell
      companies are going to be phasing out old “basic phones” in the next few
      years. All that will be left are smartphones. And yes, at that point,
      there will be more data plan options. (maybe by the GB, or something
      similar) AT&T did something similar about 10 years ago now. My
      family all had older non digital phones. They could not sever our
      contract, nor could they force us to upgrade, but they also would not
      warranty or insurance replace those phones. They had a few basic options
      that were comperable to choose from for free in those cases) I know
      that because my family was one of those that had to get new phones when
      we went in with problems with our phones (yes we all had the same
      model).  My HTC Incredable will be worth $30ish when I trade it in next month.
       
      Yes if you currently have a grandfathered unlimited data plan, it will carry over to the new phone if that is what you use your gift card for

  • skaguyy

    What if I have old feature phones lying around? Can I just send them back?

  • http://pulse.yahoo.com/_RKR5EVIUDY373XLMI5NRATGLOM MarlonH

    yeah I tried to it out with my Droid… didn’t give me the $100. Like others have pointed it out, it has to be a basic/feature phone :

  • http://www.facebook.com/dougivks Doug Martin

    Also note this is a Verizon Wireless Gift Card, not a prepaid card. Looks like it can only be used with Verizon.  Guess you could pay your bill with it later. 

    • Anonymous

      buy new phone, charge it to your bill, pay bill with gift card…doesn’t look like it will let us trade in old droids though…blast

  • Anonymous

    Interesting that this says it is an online only promo…my wife got a similar promo emailed to her that also was allowing her to upgrade 3 months early from her feature phone to a smartphone and get the $100 card…IN STORE ONLY. The wording from the email: “This exclusive pricing is not available online.”

    Currently trying to convince her to do it and then we can use the $100 card towards my new phone next month when I use my last New Every Two discount on one of the new beasts.

  • http://www.facebook.com/profile.php?id=10215724 Raj Bhatt

    Hmm, it says “when you trade in your basic phone”… would they take a D1? And do I really want to give up my glorious, beautiful (but long in the tooth) D1?

  • Anonymous

    Screw the TB!  I’ll give you $100 to take mine! 

  • Anonymous

    Also says you need to trad in your “basic verizon phone”. Might not be applicable if coming from a another smartphone.

    • Thatsj

      Any way to get you to shell out an extra $30 a month. 

    • Thatsj

      Any way to get you to shell out an extra $30 a month. 

    • http://profile.yahoo.com/D5HWZEW3BJ7BOCBBRSD4YCXT2U Rebecca

      Yes it is. My husband just traded his Droid 2 and got $35 towards his IPhone. The trades are not like you would get for selling it outright. It depends on the demand for referbished ones, It is a little like the Cash for Clunkers Program. Older phones are harder to update. Most cell companies are going to be phasing out old “basic phones” in the next few years. All that will be left are smartphones. And yes, at that point, there will be more data plan options. (maybe by the GB, or something similar) AT&T did something similar about 10 years ago now. My family all had older non digital phones. They could not sever our contract, nor could they force us to upgrade, but they also would not warranty or insurance replace those phones. They had a few basic options that were comperable to choose from for free in those cases) I know that because my family was one of those that had to get new phones when we went in with problems with our phones (yes we all had the same model).  My HTC Incredable will be worth $30ish when I trade it in next month.

  • Rob

    It looks like a promo to get you to upgrade to a smartphone from a “basic” phone. The wording makes it sound like trading in a smartphone for a smartphone won’t make you eligible for the gift card.

    • Bigdav1178

      That’s what I get out of it too.

      The options are:
      1. New customers activating a new smartphone line
      2. Upgrade to a smartphone… trade in your VW basic phone, or
      3. Add a new line with a smartphone

      It looks like a promotion intended to get people to buy into their tiered smartphone data plans to me.

      • Granted

        What I got out of it is what Charlie Brown hears when his parents talk.

    • http://profile.yahoo.com/D5HWZEW3BJ7BOCBBRSD4YCXT2U Rebecca

      Yes it is. My husband just traded his Droid 2 and got $35 towards his
      IPhone. The trades are not like you would get for selling it outright.
      It depends on the demand for referbished ones, It is a little like the
      Cash for Clunkers Program. Older phones are harder to update. Most cell
      companies are going to be phasing out old “basic phones” in the next few
      years. All that will be left are smartphones. And yes, at that point,
      there will be more data plan options. (maybe by the GB, or something
      similar) AT&T did something similar about 10 years ago now. My
      family all had older non digital phones. They could not sever our
      contract, nor could they force us to upgrade, but they also would not
      warranty or insurance replace those phones. They had a few basic options
      that were comperable to choose from for free in those cases) I know
      that because my family was one of those that had to get new phones when
      we went in with problems with our phones (yes we all had the same
      model).  My HTC Incredable will be worth $30ish when I trade it in next month.

  • http://profiles.google.com/robert.macri Robert Macri

    I hope they continue this when the Bionic comes out.

    • http://profiles.google.com/robert.macri Robert Macri

      I guess I should have read the article first.

  • chris partlow

    Nuances: so say if I trade in be tbolt..I then re-start a 2 year contract? Would it void me unlimited data I started in May?

    • Barbacoa

      No as long as you have Unlimited data it will stay on your account

  • Warlike1919

    Just wondering would you need to sign a new contract , if you  take  them up on this offer?