Verizon: Existing customers eligible for discounted phones, as new customers pay full price

Associated Press

Good news for existing Verizon customers: You'll still be able to get discounted phones for $100 or $200 by renewing a two-year service contract.

That part wasn't clear when Verizon announced Friday that new customers will no longer get discounted phones, but they won't have to sign two-year contracts, either. Instead, they'll pay full price — it's $650 for an iPhone 6 — while monthly fees for voice, text and data will go down.

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Verizon clarified its policy in an email Tuesday. As long as you stay with the current plan, you can upgrade at a discount. Once you leave the current plan for one of the new ones, though, you won't be allowed back.