Verizon is set to revise its longstanding system for rebates on smartphones for in-store purchases as internal employee communication states that smartphones priced at $150 and higher after new 2 year agreement will no longer have additionsal mail-in rebates applied and instead have any discounts applied at the point of sale, while those priced at $150 and lower at the same contract terms will be subject to standard mail-in rebate rules with $50 rebates as minimum.
A caveat of the new rules is that devices that are discontinued and placed on closeout status may be subject to differing pricing rules. Changes are expected to go into effect next week.
