The summary of ‘Verizon's New "My Plan" Explained!’

This summary of the video was created by an AI. It might contain some inaccuracies.

00:00:0000:13:32

Verizon has introduced two new unlimited plans: Unlimited Welcome and Unlimited Plus, starting at $65 per month for a single line. The Unlimited Welcome plan includes significant updates such as 500 GB of high-speed data, an optional 100 GB of hotspot data, improved international data costs, and eligibility for device promotions. Both plans support full-speed data on 5G Nationwide and 4G LTE, with 5G Ultra-Wideband speeds capped at 25 Mbps, sufficient for 4K streaming.

The Unlimited Plus plan offers premium features like unlimited premium data, high-speed hotspot data, and comprehensive international options but is seen as less cost-effective than its predecessors. Alternative plans like Visible Plus, with unlimited premium data and lower costs, as well as US Mobile's Unlimited Basic plan, are highlighted as more affordable options. Visible Plus, priced $35 less per month, includes extensive international perks but fewer international roaming options compared to Verizon. US Mobile's Unlimited Basic plan at $35 per month offers significant savings, particularly for families, and comes highly recommended for its value and international eSIM options.

Overall, the video emphasizes value comparisons, device promotions, speed capabilities, and cost-saving alternatives to Verizon's more expensive plans.

00:00:00

In this part of the video, Verizon introduced two new unlimited plans on May 18, 2023: the Verizon Unlimited Welcome and Unlimited Plus plans. The Unlimited Welcome plan is similar to the previous Welcome plan but with five significant changes. Firstly, it offers 500 GB of high-speed data before slowing down to 4 Mbps, which should be sufficient for most users. Secondly, it now includes an option to add 100 GB of hotspot data for $10 a month. Thirdly, it improves international data costs, offering three days of data for $10, compared to the previous $10 per day rate. Fourthly, it now qualifies for device promotions, allowing new customers to receive up to $400 off an iPhone 14 with trade-in and existing customers up to $220 off. Lastly, the new plan allows for mix and match, meaning you can combine it with other Verizon plans on the same account.

Both plans start at $65 per month for a single line and have deprioritized data, which might slow speeds temporarily during network congestion. Speed tests showed slightly different results for the two plans; Unlimited Welcome hit around 35-40 Mbps under typical conditions and 135.3 Mbps when the network was not busy, while Unlimited Plus showed even higher speeds. Both plans provide full-speed data on 5G Nationwide and 4G LTE but cap 5G Ultra-Wideband speeds at 25 Mbps, which is still adequate for most phone activities, including 4K video streaming. Video streaming is limited to 480p, but users can bypass this restriction using a VPN.

00:03:00

In this segment, the speaker discusses the benefits and limitations of different mobile plans and VPN services. They highlight that 5G Ultra Wideband speeds reach up to 25 Mbps, which supports 4K video streaming on any cell phone plan. The speaker promotes Surfshark VPN for its affordability and mentions its compatibility with other VPNs for streaming. Both discussed plans offer free international texting, optional international calling for $15/month, and 2GB of free roaming in Canada and Mexico.

The new unlimited welcome plan by Verizon includes perks at $10/month, but the speaker argues it is not as cost-effective compared to Visible’s base plan, which offers faster speeds, unlimited hotspot data, and significantly lower costs. They suggest that international roaming can be managed more affordably with local carriers or e-sim plans.

The Unlimited Plus plan by Verizon, while more expensive, provides premium features such as unlimited premium data, high-speed hotspot data, 720p and 4K streaming on different 5G networks, and comprehensive international options. The segment concludes by evaluating whether Verizon’s more premium offerings justify their cost.

00:06:00

In this segment of the video, Verizon’s new phone promotions and unlimited plans are discussed. New customers can get a free iPhone 14 with a trade-in, while existing customers can receive up to $440 off with a trade-in, potentially saving $400 every three years per line. However, the new Unlimited Plus plan isn’t considered worthwhile for current customers since it requires an additional $20 to $40 to retain the perks previously included for free in older plans.

For new customers, Verizon still provides discounts on perks (savings between $3 and $10 per perk), making it cheaper for a single line compared to AT&T and T-Mobile’s premium plans in several cases. Nonetheless, for families with four lines, T-Mobile’s plan is consistently cheaper. Finally, the Visible Plus plan, costing $45 per month per line, is highlighted as a better alternative, offering flexibility in selecting perks while remaining more cost-effective than Verizon’s Unlimited Plus plan, despite some compromises.

00:09:00

In this part of the video, the speaker discusses the value and features of Visible Plus compared to Verizon Unlimited Plus. Visible Plus offers unlimited premium data on both 5G Ultra Wideband and 5G Nationwide, along with unlimited hotspot data at 5 Mbps, and streaming capabilities of 480p on 5G Nationwide and up to 4K on 5G Ultra Wideband. International perks include free texting to 200 destinations, 500 minutes of international calling to over 30 destinations, and free data roaming in Canada and Mexico, but lacks an extensive international data roaming option. The speaker emphasizes that while Visible Plus is $35 less per month and includes all taxes and fees, Verizon Unlimited Plus becomes more expensive after adding taxes and administrative fees. Verizon, however, offers better device promotions, which could make it cheaper for some users when purchasing devices like the iPhone 14. Ultimately, the speaker concludes that US Mobile’s Unlimited Basic plan is the best value plan at $35 per month, offering 40 GB of premium data, which is typically more than enough for most users.

00:12:00

In this part of the video, the speaker discusses the speed data options on Verizon’s 5G Nationwide and 5G Ultra Wideband plans, including features like 5GB of hotspot data and 720p video streaming. They mention the availability of international data in Canada and Mexico, and international eSIM plans as add-ons for travelers. The speaker shares their positive experience using US Mobile’s international eSIM plan in London and Ireland. They highlight the cost savings of US Mobile, which can save families over $1,000 per year compared to Verizon, making it a more attractive option. The speaker advises viewers to check coverage in their area using coveragemap.com before choosing a plan. The segment ends with a call to action to like the video and subscribe for more money-saving tips on cell phone bills.

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