- Verizon is reportedly raising prices on its family plans with 5 or more lines.
- The discount per line would drop by $3 per line, meaning you’d pay at least $15 more a month for five lines or even more for those with larger accounts than this.
- The price change will reportedly take place on February 20.
The big three carriers have been continually raising prices at every turn over the last few years but as time has gone on I’ve noticed a shift. Although the company’s postpaid plans didn’t directly make many changes in the last half of 2024, Big Red raised prices for legacy customers, increased its administration fee, and made other tweaks that effectively allowed it to raise prices without having to advertise it so openly. It seems this trend will continue in 2025, as a new rumor claims Verizon is going after accounts with five or more lines.
According to an alleged Verizon supervisor commenting via Reddit, Verizon myPlan rates will be going up for those with five or more lines, reducing the multi-line discount down to the same as you’d get with a four-line plan. This effectively raises each line by $3, which means at least $15 more a month in total for those with larger family plans. If the report proves accurate, the change will go into effect on February 20.