You are correct. If your account is in good standing, though, you can bill your 
new iPhone to the monthly bill. Then, you can apply the gift card to your bill, 
effectively getting a free device (assuming, of course, you choose one with a 
value equal to or less than your gift card).
On Sep 12, 2014, at 11:02 PM, Cheryl Homiak <[email protected]> wrote:

> If I understand correctly, unless Verizon has changed its policy, you don't 
> actually get money back. You get a virtual gift card to be used with Verizon 
> or a trade-in on your phone or something like that. This may still be a good 
> deal but I think you have to go a different route ifyou want actual money or 
> something you can spend outside of Verizon.
>  
> -- 
> Cheryl
> 
> I tried and tried to turn over a new leaf.
> I got crumpled wads of tear-stained paper
> thrown in the trash!
> Then God gave me a new heart and life:
> His joy for my despairing tears!
> And now, every day:
> "This I call to mind,
> and therefore I have hope:
> The steadfast love of the Lord
> never ceases;
> his mercies never come to an end;
> they are new every morning;
> great is your faithfulness."
> (Lamentations 3:21-23 ESV)
> 
> 
> 
> 
> On Sep 12, 2014, at 9:41 PM, Fred Olver <[email protected]> wrote:
> 
>> I was in to my Verizon store today and found out that they will be buying 
>> back iPhone 5 and 5C's for $200 provided they are in very good condition and 
>> they will be buying back iPhone 5S's for $300.00
>>  
>> Fred Olver
>> Facebook: https://www.facebook.com/fred.olver
>> Skype: Fred.olver1
>> For more information about my book which is available in accessible formats 
>> go to:http://www.dealingwithvisionloss.com also available as a kindel 
>> download from amazon.
>> 
>> -- 
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> 
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--
Have a great day,
Alex Hall
[email protected]

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