Verizon adds the Samsung Galaxy S7 and S7 edge to its Annual Upgrade Program

Verizon adds the Samsung Galaxy S7 and S7 edge to its Annual Upgrade Program
Verizon has just announced that it is adding the Samsung Galaxy S7 and the Galaxy S7 edge to its Annual Upgrade Program. 

Previously limited to Apple's iPhone 6s series, Big Red's upgrade program allows those who purchase the Samsung Galaxy S7 or S7 edge through its equipment installment program to upgrade to a new smartphone each year.

Verizon says that those who've pre-ordered one of Samsung's new premium smartphones have been already enrolled in the program. As soon as you've paid more than 50% of the device price, but not earlier than 30 days since activating the new phone, Verizon will allow you to upgrade to a brand new smartphone. At that point, you'll turn in your Galaxy S7 or Galaxy S7 edge and hop on a new 24-month payment cycle for the new device.

Verizon says that customers will be able to switch to any phone once they've been enrolled in the Annual Upgrade Program. However, to remain on the program and keep updating each year, customers will have to switch to a phone that's supported by the program. At the moment, this limits your options to the Apple iPhone 6s series and the Samsung Galaxy S7 series, but the list will surely get bigger as newer models hit the market.

Whenever you decide that don't want to take advantage of Verizon's Annual Upgrade Program, you can simply keep making payments until you pay off the phone.

The Samsung Galaxy S7 is available on Verizon for 24 monthly payments of $28.00. The larger Galaxy S7 edge will set you back $33 per month for the next two years.

For a limited time, those who switch from another carrier will receive $100 in bill credit when activating a Samsung Galaxy S7 or S7 edge on Verizon's network. That's on top of the up $650 that Verizon will pay to cover early termination fees, and the extra 2GB of data per month that Verizon usually offers for those coming from another carrier.

If you're already a Verizon customer but decide to upgrade to one of Samsung's Galaxy S7 models, Big Red is offering up to $300 and a minimum of $100 when you trade in your old phone. For more details on the promotion, head on over to the source link below.

source: Verizon



1. SupermanayrB

Posts: 1188; Member since: Mar 20, 2012

I know where I'm going after work.

2. MrHate

Posts: 318; Member since: Feb 09, 2015

Great choice in deciding to buy you an iPhone 6s. Really great phone bro.

11. bubbadoes

Posts: 1225; Member since: May 03, 2012

so Techie, please explain to me. Who wants to drop $1,200 a year on a phone? Considering 50% of each Samsung flagship is upward $800.00 and you opt to use the 3 times in a year option on T mobile. Enlighten me on your money strategy please---because I don't really read your long post anymore---you sound like the politicians now trying to sing the how so great Samsung dance on every post!

3. TechieXP1969

Posts: 14967; Member since: Sep 25, 2013

The only downside to these upgrade cycles is, the phones are getting so good; you may not want to upgrade after 12 months. T-Mobile offers this too with Jump on Demand, but I think its better. Also after 30 days if you have the phone paid off by 50%, you can upgrade to any phone they sell and can use the program up to 3 times in a single year which is nice. Last year Samsung released 3 phones I liked, so I used that program to try all 3 model...S6 Edge, S6 Edge+ and now the Note 5. As soon as I get these 2 gear S2's off the payment plan, I want to go back and get the S6 Edge+ to have a permanent stash to my phone gallery where I have save some of the best smartphones I've owned including the old BlackBerry Storm and Palm WX700 and Centro Pro. Good on VZW to joing the others with this promo. As long as you keep the phone in mint condition which is easy if you slap a case and screen protector.

4. cdm283813

Posts: 424; Member since: Jan 10, 2015

I took advantage of this last year with my iPhone 6S. I could probably get more than half when iPhone 7 comes out but the process of handing in the phone is super easy. I just look at these phones as rentals.

5. natypes

Posts: 1110; Member since: Feb 02, 2015

So glad I have a job where I still get subsidized pricing on all devices. :) I can upgrade once a year, and sell my "old" device to easily cover the cost of the new one ( and then some usually).

12. aahmed215

Posts: 169; Member since: Jun 18, 2012

This isn't a good deal. I bought the S6 Edge and on the day the S7 Edge came out, I had to pay a little over $200 to upgrade to the S7 Edge or I had the option of buying out the S6 Edge for $400 and keep it. I decided to buy out the phone and sell it for $500. I netted about $100 in my pocket and got a new phone.

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