How to Save Money By Lowering Your Verizon Wireless Bill

There's an easy way to have access to Verizon's industry-leading wireless network without paying an arm and a leg.

Verizon has great coverage and routinely wins awards for network quality, but the company's wireless plans are not cheap, especially if you're only paying for one line. Prices also tend to go up over time as Verizon rejiggers its plans. The company launched myPlan in 2023, a set of unlimited plans that allow customers to choose discounted add-ons like streaming services. Soon after that launch, Verizon jacked up the price on some of its older unlimited plans.

If you're paying for four lines, the bottom-tier Unlimited Welcome plan will cost you $30 per line. It's important to note, though, that this plan does not include the ability to use your phone as a mobile hotspot. While $30 per line per month isn't too bad, if you're on your own and only paying for one line, your wallet is going to be taking a beating. That bare bones Unlimited Welcome plan will cost you $65 per month for a single line. Ouch.

Verizon's top-tier Unlimited Ultimate plan, which includes premium features like 60 GB of mobile hotspot data and international talk, text, and data, will set you back $55 per line for four lines and a whopping $90 for just one line. These prices don't include taxes and fees, and they don't include the cost of your smartphone. If you choose to finance your smartphone, you'll be paying for that on top of the plan prices.

You're probably wasting a bunch of money on your Verizon plan

There's a pretty good chance that these premium Verizon plans are overkill for your needs. If you're on Wi-Fi most of the time and don't often do bandwidth-hogging things like watching 4K video while out and about, you're essentially flushing money down the toilet. Almost no one should be paying $90 per month for a wireless plan.

Thankfully, there's an easy way to keep Verizon's world-class network while paying much less for wireless service. Verizon operates a prepaid wireless service called Visible. Visible offers two plans, the cheapest of which is just $25 per line per month. That price includes taxes and fees, and pricing doesn't change based on the number of lines. Both plans offer unlimited talk, text, and data, so you won't have to worry about counting your gigabytes of data usage.

Visible is owned by Verizon, so it runs on exactly the same network as Verizon's standard postpaid wireless plans. You'll get access to 5G data, although the pricier $45 monthly plan will be necessary if you want to tap into Verizon's 5G Ultra Wideband network. Visible's plans lack some features of Verizon's more expensive plans, but they do include some nice perks. Both plans offer unlimited mobile hotspot usage, albeit with limits on speed, and the more expensive plan includes international calling and data features that should appeal to travelers.

Here's a rundown of how much money you could save by switching to Visible from Verizon's standard plans:

The biggest savings come if you're only paying for one line, but even taking advantage of Verizon's discounted pricing on four-line plans, you can still shave down your bill by switching to Visible.

For those unsure about making the switch, Visible offers a free 15-day trial using a trial phone number. This allows you to kick the tires before making the switch official.

Switching wireless providers is easier than you think

If you financed your smartphone with Verizon, you'll need to pay it off in full before you switch providers. Financing offers may seem attractive, but they greatly limit your options and deprive you of ways to save money on your monthly bill.

If your smartphone is fully paid off, switching from Verizon to Visible is relatively painless. If you want to keep your number, you'll choose to port in your existing phone number when you sign up for Visible. You'll need some information about your current plan, including a PIN number that you may need to get from Verizon's customer service. Don't worry — you won't lose access to your existing Verizon service until you actually make the switch.

Once you select a plan and enter a payment method, Visible will either ship you a new SIM card or direct you to the Visible app to download an eSIM, which is an electronic version of a SIM card. In the latter case, you'll be up and running soon after you sign up for Visible. With a physical SIM card, you'll need to wait a couple of days for it to arrive. Visible has some resources to help you make your switch as seamless as possible. It's a good idea to through this process when you're not expecting any important calls or texts, as you may lose service for a short time as the switchover is being made.

Once your Visible service is active, your Verizon plan will be cancelled automatically. You'll have access to the same Verizon network and be saving a bunch of money each month.

Do you know where your money goes?

Most people don't even realize they're overspending on thier Verizon wireless plan because they have no idea where they're money is going. It's not thier fault — the cost of everything is going up, and it's easy to lose track of subscriptions and recurring expenses.

If you've struggled with keeping tabs on your spending in the past, Latwy might be the perfect solution. Real-time alerts, delivered seconds after swiping your card via email, Telegram, Discord, or Slack, can help you get a handle on where your money goes each month.

Recurring expenses

This Month $520.16

Target pace $508.06

Target $750.00

Spending Alert!!!!!! You just spent $156.98 at VERIZON WIRELESS using your Capital One SavorOne Card.

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