If there’s one thing Verizon loves to do, it’s bouncing around the cost of its smartphone upgrade fee. After Verizon introducing a $20 upgrade fee in April 2016, it's now raising the cost even further.
Whenever you swap out your existing phone—whether through a straight-up purchase or a monthly payment plan with the carrier—Verizon adds $30 to your bill. Verizon will refund the charge to anyone who returns their new device within 14 days after purchasing it.
When asked about the reason for the price increase Verizon didn’t have much to say beyond a boilerplate statement. “These fees help cover increased cost to provide customers with America’s largest and fastest 4G LTE network,” Verizon told Ars Technica.
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