Verizon is Cutting The Cost of Their Unlimited & Prepaid Plans

Verizon store in Union Square in New York City

Additionally, customers can have up to 10 lines on their account instead of five.

This is great news for anyone looking to save some money in time for Christmas and helps Verizon stay competitive with a growing number of competitors offering prepaid and unlimited plans. Mobile hotspot is available on all plans except for the unlimited one, for obvious reasons. If you're already on the unlimited plan, this is good news, but it probably won't do too much to convince those who have other viable options in their area to opt for Verizon's plans, which are generally more expensive.

Head to Verizons prepaid site to build and customize your prepaid family plan. A $45 unlimited talk and text plan with 8GB of data each month replaced the old $50 plan that included 7GB of data. With these enhancements, Verizon Prepaid becomes an even better value for unlimited, plus adds more data and unlimited calling from the U.S.to Canada and Mexico on the 8 GB plan. For $50 each month, T-Mobile will give users unlimited talk, text, and LTE data. Verizon's unlimited prepaid plan doesn't include any tethering.

You can find this on the T-Mobile prepaid website.

Similarly, Big Red dropped its original unlimited plan from $75 down to just $65/month, which offers unlimited talk, text and LTE data. Video streaming is typically at 480p resolution (not HD), and T-Mobile may throttle your speeds if you use more than 50GB a month (which is a lot of data to use).

Do you use Verizon's unlimited or prepaid plan? T-Mobile did not say when this prepaid promotion will end.

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