Rather than receiving the second device immediately for $0 at the point of sale, you enter into two separate installment agreements.
: You make monthly device payments for both phones at 0% APR. buy 1 get 1 free iphone verizon
: Verizon applies a monthly "promo credit" to your statement that offsets the cost of the second ("get one") device. Rather than receiving the second device immediately for
Verizon 's "Buy One, Get One" (BOGO) and "Free iPhone" promotions are structured financial agreements designed to lock in long-term service commitments rather than traditional retail discounts. As of April 2026, these deals generally provide credits over a , meaning the "free" phone is only truly paid off if you remain a customer for the full three years. How the BOGO Mechanism Works Verizon 's "Buy One, Get One" (BOGO) and
: The second device must be of equal or lesser value than the first, often capped at a specific amount like $830 . Core Eligibility Requirements