Verizon has now confirmed what many had suspected: the company is pulling loyalty discounts.Verizon was known to offer loyalty discounts to convince people contemplating a switch to stay. The discounts typically ranged from $10 to $40 and were offered for up to a year, with the possibility of a year-end renewal.complaining that their discounts were being taken away out of the blue. It was later reported that those weren't isolated cases and the company was doing away with loyalty discounts.Verizon is allegedly now emailing customers impacted by this change. The company will begin removing discounts on September 1.

An email from Verizon informing a customer that it's killing a discount. | Image Credit - Reddit user FullNeedleworker2168
Is Verizon playing with fire?
Yeah, it's doing everything to alienate customers.
71.42%
Well, it has made clear it only wants high-paying customers.
11.73%
Maybe all of the Big Three are.
16.84%
Votes 4773 Back to Voting
device activation fee from $35 to $40 and has started notifying customers about higher tablet data plan prices, just as predicted by a rumor.

Verizon is also hiking tablet plan rates. | Image Credit - Reddit user Vwmafia13
We're going to continue to be very financially disciplined. We will not sacrifice our financials [to get net adds] if it doesn't make sense, if it's too expensive.
Hans Vestberg, Verizon CEO, August 2025