Verizon BYOD Rebate (What Is It, How It Works + More)

Purchasing a new phone and cell phone plan can be expensive, which is why so many people wait for the Verizon BYOD rebate to help offset the costs.

Do you want to know all about the Verizon BYOD rebate, such as how it works and how much it can save you? Well, keep reading below to find out what I’ve discovered in my research!

What Is the Verizon BYOD Rebate In 2024?

The Verizon BYOD rebate is a bring-your-own-device rebate, where Verizon will pay you $500 if you switch to Verizon and bring over your 4G LTE or another compatible phone. The phone must be unlocked if it’s coming from another carrier in 2024. You’ll also get a smaller rebate of $100 if you’re bringing a tablet or other device to Verizon.

Do you want to know more about the Verizon BYOD rebate, such as how it works and what the eligibility requirements are? If so, continue reading to find out!

How Does the Verizon BYOD Rebate Work?

If you want to switch to Verizon and get the BYOD rebate, you’ll first need to go to the Verizon Bring Your Own Device page, and begin the signup process through that link.

Next, ensure that your device is compatible by using the Check Your Device Eligibility Tool.

Also, you’ll have to choose whether you’re bringing over a tablet, smartphone, smartwatch, or other device, and then enter required information, such as make or model, and IMEI number.

If you’re bringing a tablet, smartwatch, or another device for the BYOD rebate, you’ll receive $100 in the form of a Verizon gift card instead of the value of the phone rebate.

Once you’ve confirmed eligibility, pick the plan that you want, grab a new SIM card online or through the Verizon store, and pay the $35 activation fee to activate your device on Verizon.

How Do I Redeem the Verizon BYOD Rebate?

Your Verizon BYOD rebate can be found within the My Notifications section of My Verizon, either online or through the My Verizon app.

However, you’ll need to redeem your BYOD rebate within 30 days of purchase or activation to qualify for the gift card.

How Long Does It Take to Process the Verizon BYOD Rebate?

It can take up to 8 weeks to get your Verizon BYOD rebate, but in some situations, it could take up to 10 weeks.

Additionally, your phone will have to be active on the Verizon network for 45 days consecutively to be eligible for the offer.

How Do I Check the Status of My Verizon Rebate?

It’s easy to check the status of your rebate by going to the Check My Status website and entering the required information to pull up the status.

Furthermore, you can also go into the Notification section of My Verizon, which you can do either through the online website or through the My Verizon app.

Also, you’ll receive periodic updates from Verizon on the status of your debate which is sent to your email address, as well as the My Verizon website and app.

What If the Verizon BYOD Rebate Status Is Invalid?

What If the Verizon BYOD Rebate Status Is Invalid?

If you get a message saying your Verizon BYOD rebate is invalid, it means that you did not meet all of the requirements to claim the offer.

However, you’ll receive a message within the My Verizon app, and through the My Verizon website in “Notifications,” which will tell you the reason your claim was invalid.

Sometimes you just may need to resubmit the claim form if you made an error entering information, which is why you should double-check the form for errors before submitting it. 

What Method of Payment Is the Verizon BYOD Rebate?

Verizon sends out the BYOD rebate in the form of a Verizon gift card, and most often the value of the gift card will be $500, although Verizon may increase the rebate value at any time.

How Will I Receive My Verizon BYOD Rebate?

You’ll receive your Verizon BYOD rebate electronically, which means it will be sent to the registered email address you used when you signed up.

Can I Cancel My Verizon Account After Receiving the BYOD Rebate?

While you’re free to cancel your account anytime you want, if you cancel within 12 months after receiving the BYOD rebate, you’ll be charged $500.

Therefore, if you want to cancel your Verizon account, you should wait until after 12 months have passed so that you don’t have to pay back the value of the BYOD rebate.

What Can I Use My Verizon BYOD Rebate For?

Your Verizon BYOD rebate will be in the form of a Verizon eGift Card, which you can use to pay for accessories, devices, add time to your prepaid phone, or pay your Verizon bill.

Furthermore, you can use the gift card for Verizon products and services at the following locations:

  • On the My Verizon website
  • My Verizon app
  • Verizon website
  • At any Verizon store
  • My Fios app (if you have Verizon Fios)

However, it’s important to note that if you want to use your gift card to pay your bill, you’re going to need a balance on your account if you want to pay the bill online or through the app.

How Can I Check My Verizon BYOD Rebate Balance?

Once you’ve received your Verizon BYOD rebate gift card, you can simply dial #4438 from your mobile device.

Additionally, you can check the Verizon gift card balance online or call 1-(800) 876-4141.

To learn more, you can also read our posts on Verizon rebate, Verizon loyalty discount, and if Verizon accepts PayPal.


The Verizon BYOD rebate allows you to receive $500 in the form of a Verizon gift card if you switch carriers and bring your own smartphone to Verizon. Also, you can get $100 on eligible tablets, smartwatches, and other devices.

However, it can take up to 8 weeks to receive your Verizon gift card, and if you cancel your Verizon account within 12 months, you’re charged the $500 you received with the offer.

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Florence Howard

Florence Howard has been freelance writing for over a decade, and has a vocational background in retail, tech, and marketing. Outside of work, she enjoys listening to rock and metal, and playing with her dog and cat.

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