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Best Verizon phone deals for May 2022

Best Verizon phone deals
(Image credit: John Lamparski/SOPA Images/LightRocket via Getty Images)

Verizon phone deals have never been better. Whether you're after a flagship from Apple or one of the best cheap phones available, Verizon has great promotions, freebies, and trade-in schemes to sink your teeth into this month.

That's not to say it's always the cheapest or most deal-friendly carrier. In fact, while it is a premium brand with a lot to offer, Verizon is often one of the pricier options around — that's why we're crawling the Internet in search of the best Verizon phone deals you can get right now. (Also, make sure to check out our list of the best unlimited data plans).

Verizon is rated as one of the best phone carriers in the US and for good reason. Not only is it a great option for the best cell phone plans, but it also has the best customer service rating and it's the fastest network in many speed tests.

The carrier offers plans on all of the key handsets you'd be after. That means the iPhone 13, Samsung Galaxy S22 Ultra, Google Pixel 6, and plenty other popular devices.

There are plenty of solid discounts on the latest phones for new and current subscribers as well as anyone who wants to switch to a new network. From iPhone deals to the latest Samsung Galaxy S22 deals, here are the best Verizon phone deals you can get right now. 

Memorial Day and Verizon deals

The unofficial start of summer is just days away. That means we're nearing peak Memorial Day sales season and Verizon phone deals are heating up. For instance, the carrier has various Android and iOS phones available for free when you sign up for any unlimited data plan. These are among the best Verizon deals we've seen all year. 

Verizon deal of the week

5G smartphone sale: free phone w/ trade-in + unlimited @ Verizon
For a limited time, Verizon is offering select 5G phones for free (up to $800 off) with trade-in. Your trade-in can be in nearly any condition and you don't need to open a new line. Instead, existing and new customers can get this deal by trading in a phone and upgrading to any 5G data plan. Free phones include the iPhone 13, Galaxy S22 Plus, Pixel 6, and more. 

The best Verizon iPhone deals

iPhone SE 2022: free w/ unlimited + new line @ Verizon
New and existing members can get a new iPhone SE 2022 for free when you open a new unlimited line. That's $429 off and one of the best Verizon deals we've seen. No trade-in is required for this deal. 

iPhone 13: free w/ trade-in + unlimited @ Verizon
For a limited time at Verizon, you can get a free iPhone 13 when you trade-in your old device and open a new unlimited line. Plus, you'll get an additional $200 if you switch from a competing carrier. The iPhone 13 Mini is also free if you meet the same criteria. 

iPhone 13 Pro: up to $800 off w/ trade-in + unlimited @ Verizon
Verizon customers can get up to $800 off the iPhone 13 Pro with select trade-in. You'll need to sign up to an unlimited data plan to get this discount. Plus, new customers will get an extra $200 credit for switching. Existing customers can save up to $700 via the same terms. 

iPhone 13 mini: free w/ trade-in + unlimited @ Verizon
Verizon has an epic sale on iPhones. For a limited time, you can get the base iPhone 13 mini for free. (It's normally $19/month). You'll need to trade-in your old phone and sign up for an unlimited data plan. 

Apple iPhone 12 mini: free w/ trade-in @ Verizon
For any Apple fans on a bit more of a tighter budget, the iPhone 12 mini will likely be the best choice. Due to its lower retail price, you can get this phone for free if you are able to get the maximum trade-in value of $700. But of course, the iPhone 12 mini is much smaller than the other options, so it won't be for everyone.

Refurbished iPhone 11 Pro Max: free w/ new line @ Verizon
The Editor's Choice iPhone 11 Pro Max sports a 6.5-inch OLED HDR display, Apple's A13 Bionic CPU, and triple 12MP ultra wide, wide, and telephoto cameras. It also boasts an epic 12-hour battery life. Currently, you can get the iPhone 11 Pro Max for just free when you purchase it via a 24-month Verizon installment plan and open a new line. 

The best Verizon Android phone deals

Galaxy S22: up to $800 off w/ trade-in @ Verizon
Verizon is taking up to $800 off Galaxy S22 purchases when you trade-in your old phone and sign up to any unlimited data plan. Existing customers can also get up to $700 off with an eligible trade-in and on select Unlimited plans. It's one of the best Verizon phone deals we've seen. 

Google Pixel 6: free w/ new line + Unlimited plan @ Verizon
For a limited time at Verizon, you can get a Google Pixel 6 for free when you open a new line and buy an unlimited plan. You'll need to make your purchase via monthly installments to get this deal. Additionally, port your number to Verizon and you'll get up to $1,000 for switching. 

Galaxy Z Fold 3: up to $800 off w/ trade-in @ Verizon
One of Samsung's hottest phones is on sale. As part of the latest Verizon phone deals — you can get up to $800 off when you add a new line, trade-in your old phone, and buy the Galaxy Z Fold 3 on an Unlimited Plan. 

Galaxy S20 FE: free w/ unlimited + new line @ Verizon
The Galaxy S20 FE is an inexpensive version of the Galaxy S20. It sports a 6.5-inch AMOLED (2400 x 1080) 120Hz LCD, Snapdragon 865 CPU, 6GB of RAM, and 128GB of storage. The CPU and fast-refreshing display are the same you'd get with the regular S20, but the S20 FE costs less. This epic Verizon phone deal nets you an S20 FE for free when you open a new unlimited data plan/line. 

Galaxy S21 Plus: up to $1,000 off w/ trade-in + unlimited @ Verizon
Verizon is offering one of the best Galaxy S21 Plus deals we've seen. For a limited time, you can get up to $1,000 off your S21 Plus purchase when you trade in an old (or damaged) phone and sign up for a Verizon unlimited plan. Plus, switch from a competing carrier and you'll get an extra $1,000 credit. Existing members will get up to $700 off with Verizon's 5G Get More plan or up to $440 off with other data plans. 

Samsung Galaxy S21: Up to $800 off w/ trade-in
The Samsung Galaxy S21 trio makes up Samsung's newest flagships, with the S21 standing out as the cheapest. Verizon will offer up to $800 in trade discounts which, considering the $799 price tag of the S21, would completely remove any costs you have to pay for the handset.

Samsung Galaxy S21 Ultra: Up to $800 off w/ trade-in
Considering the massive $1,199 price tag of the S21 Ultra, in direct competition to the iPhone 12 Pro Max, the $800 in potential trade-in value is an awesome offer. That can massively reduce the cost you're having to pay. Plus, Verizon is offering $300 for switching.

Samsung Galaxy A42 5G: $5 a month with new unlimited plan
This is Samsung's latest midrange handset, offering 5G connections and a collection of high-end specs for a low price. Consider this the iPhone SE of the Samsung world. Right now Verizon will offer you this handset on an unlimited data plan for just $5 a month. That's a fantastic price for a handset like this, which works with the carrier's high-speed Ultra Wideband 5G network.

Samsung Galaxy Note 20 Ultra: Save up to $800 off w/ trade-in
Samsung's Galaxy Note 20 Ultra benefits from the same trade-in value as the S21 family. You can get up to $800 off when you trade in your old phone. The Note 20 Ultra is a unique handset and one that is often ignored in favor for the 'S' or 'A' family from Samsung. The phone's size, power and use of the S pen makes it a fantastic choice.

Accessories

Cases sale: 25% off Kate Spade, Coach, more @ Verizon
Verizon is taking 25% off select accessories from Kate Spade, Coach, Beats, and more. The sale includes accessories for both iPhone and Android smartphones. 

Is Verizon a good carrier for phone deals?

Yes — in fact, Verizon ranks as No. 2 right now in our best phone carriers guide. This position comes down to a couple of key factors but mostly, it's due to its speed and coverage.

When we've done tests on the LTE speeds, Verizon has been the highest performer. Its 5G reaches more than 70 cities and we've seen it easily offer 1Gbps download speeds.

Combine Verizon's expanding 5G service with its extensive LTE network, and that's pretty comprehensive coverage. Verizon's overall 5G speeds don't quite match those of its rivals — the carrier's nationwide network isn't nearly as fast as Ultra Wideband — but performance is strong on the carrier.

However, Verizon is by no means an affordable carrier and is frequently one of the most expensive options. You will likely find cheaper prices from T-Mobile or maybe even AT&T but its high performance makes up for this cost.

Verizon phone deals

(Image credit: Shutterstock)

What kind of promotions does Verizon offer?

Trade-in scheme: Verizon has a number of great offers when it comes to phone deals but the main one is its trade-in scheme. Verizon can offer you up to $700 off when you trade in on a large number of its phones.

However, this is a maximum amount, reserved for high value (that is, newer and more expensive) devices. But even if you're trading in a budget handset, you should see a pretty significant reduction in price on your new device.

Verizon recently extended its trade-in scheme to also cover old or or damaged phones (as long as they are free of battery damage). This obviously won't get you as much but its nice to know if you have a damaged phone.

Upgrades:
If you're an existing Verizon customer, you will have the option to upgrade. This is going to give you a number of pretty big discounts across a load of handsets when you log in. This is limited to unlimited plans and Verizon doesn't always offer this kind of discount so it is worth checking when you upgrade.

Free plans: On a number of cheaper devices like the iPhone SE or Moto G Stylus, you can often get the phone for free. You do have to take out an unlimited plan, and the "free" part of the deal comes in the form of monthly bill credits, but this is a great promotion for those who know they'll be investing in a budget handset.

Philip Michaels is a Managing Editor at Tom's Guide. He's been covering personal technology since 1999 and was in the building when Steve Jobs showed off the iPhone for the first time. He's been evaluating smartphones since that first iPhone debuted in 2007, and he's been following phone carriers and smartphone plans since 2015. He has strong opinions about Apple, the Oakland Athletics, old movies and proper butchery techniques. Follow him at @PhilipMichaels.