A few days ago, we reported that Verizon might be getting rid of their contracts and announcing a new, more flexible plan. Well, it turns out that rumor is true as Verizon announced a new Month-to-Month plan.
Effective immediately, new and old customers alike can opt in getting a month-to-month service, meaning you don’t have to be bounded by a one or two year contract. All phones can be bought at a retail price (read:extremely high) and you can sign the Month-to-Month deal. One of the flaws with contracted plans was that if you wanted to switch carriers, you would have to pay the Early Termination Fee, which wasn’t that cheap. Now, after each and every month, you have the option in terminating the contract and not have to pay a penny. Unfortunately, current Verizon customers who have contracts must finish off their contract term requirements before switching to the Month-to-Month contract.
It’s a good idea to implement this new deal, however, we will have to see how many new customers this deal will attract. Any readers ready to jump ship to month to month and take advantage of this? Let us know in the comments.