Want to know how to get free internet? The internet is used all the time, and most people use it every single day. As someone who works online, I completely understand how important the internet is – I use it for many hours every single day, usually. But, internet can be expensive, and many people…
Want to know how to get free internet?
The internet is used all the time, and most people use it every single day. As someone who works online, I completely understand how important the internet is – I use it for many hours every single day, usually.
But, internet can be expensive, and many people pay $50 to $100+ each month (and that’s almost $1,000 each year!). If you are looking to save some money, then finding ways to get free stuff can help you spend less money.
Key Takeaways
There are many ways to get free or low-cost internet in your home, on your laptop, and on your cell phone.
The Affordable Connectivity Program is a government program to look into for free internet.
All the big internet companies like AT&T, Comcast, and Spectrum have free internet plans.
Public Wi-Fi is an option, but you will want to make sure you are safe when using free internet connections.
Who Can Get Free Internet Services?
Free internet access can be extremely helpful for people who are not able to afford internet.
After all, internet can be quite expensive, and you can easily spend around $1,000 a year just on internet. That would be tens of thousands of dollars over your lifetime!
If you’re trying to find ways to cut back on your budget, then starting with a monthly recurring expense such as internet can be a great way to lower your monthly expenses for a long time.
Before you start looking into how to get free internet services, it’s important to know if you qualify. Here are some examples of who can get free Wi-Fi:
Government assistance programs – There are free government internet service programs that give discounted internet services to eligible households, typically those that use public assistance programs like SNAP, SSI, WIC, or Medicaid.
Nonprofit organizations – Some nonprofit organizations have free or low-cost internet options, such as for seniors or people with disabilities.
Public Wi-Fi hotspots – You can find free Wi-Fi in different public places like coffee shops, libraries, parks, and airports.
Recommended reading: 11 Ways To Get A Free Cell Phone And Plan
Why is there free internet?
So, you may be wondering why there are free government internet service programs and why certain places and companies give out free internet.
Some reasons include:
Everyone should be able to have internet. The internet is really important and many companies/groups know that and want to make sure everyone can have access to the internet.
The internet helps people to learn online. Getting to learn online is really important for students these days. They need the internet for research, assignments, and using online learning sites. Because of this, schools, nonprofit groups, and even some companies have free internet options.
The internet helps people find jobs. Having the internet can help a lot in making a place grow and get better economically, and the government knows this. Internet lets people look for jobs, start businesses, and be part of the economy. When companies and governments give out free or cheap internet, they give a chance for people to make their lives better and do good things in their communities.
Best Ways To Get Free Internet Access
Below are the best ways to get free internet access.
1. Affordable Connectivity Program
The Affordable Connectivity Program (ACP) is a Federal Communications Commission government program that gives money to households that qualify, to help pay for broadband internet service.
This is the top government program for free internet that you will want to look into and start with.
If you can qualify for this program, you can get up to $30 each month for your internet bill, or $75 per month if you live in certain Tribal lands.
A household can qualify for the Affordable Connectivity Program if their income is at or below 200% of the Federal Poverty Guidelines, or if they meet another criteria such as participating in:
free or reduced-price school lunch program
school breakfast program
SNAP (Supplemental Nutrition Assistance Program)
Medicaid
Federal Public Housing Assistance
Tribal Head Start
Tribal TANF
Bureau of Indian Affairs General Assistance
Federal Housing Assistance
Federal Pell Grant (from the current award year)
WIC
Veterans Pension or Survivor Benefits, and more.
To check if you qualify and to sign up, go to the ACP website.
2. Lifeline
Lifeline is a government program that gives discounts on phone and internet services for households with low income.
Through this program, you can get up to $9.25 off your monthly internet bill, and that is up to $111 each year for signing up.
You’re eligible for Lifeline if your income is 135% or less than the Federal Poverty Guidelines, which depends on your household size and the state that you live in. You can also qualify if you use SNAP, Medicaid, or other government programs.
So, it is a little easier to qualify for Lifeline than it is for ACP (although, the ACP program does give you more money), as the income level is different.
To check your eligibility and learn more about the program, visit the Lifeline website.
Internet Service Providers With Free Connections
Below are internet providers that have free or very affordable monthly internet plans.
3. FreedomPop
FreedomPop is a company that gives free basic internet plans for your phone because it participates in the FCC’s Affordable Connectivity Program.
If you want mobile internet with a low amount of data, this could be a good choice. Their free plan gives you 10 GB of data every month for $0.00.
To sign up or learn more, visit the FreedomPop website.
4. NetZero
NetZero is a company that has free dial-up internet, but there are some limits. It’s not as fast as high-speed internet, but it could work if you just want basic internet without paying a monthly cost.
The free plan lets you use the internet for up to 10 hours each month.
You can learn more and sign up at the NetZero website.
5. AT&T
Yes, even big companies like AT&T have free internet options.
AT&T has a program called Access that gives low-cost internet to households with low income who qualify because they participate in the Affordable Connectivity Program.
If you can get it, you might get internet speeds up to 100 Mbps at a lower price. This is one of the faster speeds I found for free internet plans – so if you want something a little faster, then you may want to look into this plan through AT&T.
With this plan, there is no annual contract and installation is free.
You can learn more about AT&T’s Access program here.
6. Spectrum
Spectrum Internet Assist is a program for low-income households that qualify for specific assistance programs such as the ACP.
This free internet plan has internet speeds up to 30 Mbps at a significantly lower cost. Plus, you also get a free modem with no data limits.
You can learn more about Spectrum Internet Assist here.
7. Comcast and Xfinity
Comcast’s Internet Essentials program has cheap internet for families with low income, seniors, and people with disabilities.
They have monthly internet plans for just $9.95 per month, which includes equipment.
You can learn more about Comcast’s and Xfinity’s Internet Essentials program here.
Note: Comcast and Xfinity are the same company.
8. Verizon
Verizon has free and low-cost internet through the ACP program. There are also no equipment charges or hidden fees.
You can learn more about Verizon’s program here.
9. Juno
Juno is a company that gives a free internet plan, but there are limits. You can use it for up to 10 hours each month. This could work if you only need the internet now and then, and you don’t need it to be super fast.
You can learn more about Juno’s Free Dial-Up Internet Access here.
Ways To Get Free Public Wi-Fi
Below are different public places where you can connect to their Wi-Fi for free.
10. Coffee shops
Lots of coffee shops (such as Starbucks) give their customers free Wi-Fi so they can use the internet while drinking or eating. People use Wi-Fi at restaurants all the time (some people even work all day at coffee shops for the free Wi-Fi!), so this is completely normal.
Many other stores and companies have free Wi-Fi as well, such as McDonald’s, Barnes & Noble, Panera Bread, Taco Bell, Dunkin’ Donuts, and more.
11. Libraries
Public libraries usually have free Wi-Fi for anyone who comes in. You can do work, study, or just use the internet in a quiet place.
Public libraries also tend to have safer Wi-Fi connections that are monitored to make sure there are no hackers.
Sometimes, you might need a library card to get the Wi-Fi, but getting one is usually easy and free.
12. Gyms
Some gyms have free Wi-Fi for their members as an extra benefit. This means you can listen to music or watch videos while working out, or you can even just find a quiet place to get some work done.
13. City recreation centers
City recreation centers, like community centers or parks, usually have free Wi-Fi for the public. These places can be good choices for working outside your home or office, and you can also use the resources and do activities available there.
I know of many people who use city rec centers for free Wi-Fi, and they even drop their children off in the kids’ centers so that they can get work done (and their kid can socialize/have fun – it’s a win-win!).
14. Coworking spaces
While coworking spaces usually have a monthly fee, some might have a free trial period or days when you can use them for free.
To do this, you can look into local coworking spaces to see if they have any special offers.
How To Be Safe With Free Public Wi-Fi
When using free public Wi-Fi, you will want to be safe. I personally try to avoid public Wi-Fi whenever I can due to safety issues, but I do completely understand that sometimes you do need free public Wi-Fi.
Whenever I have to use public Wi-Fi (I still use it often!), I always follow these tips below:
Use a VPN
To stay safe when using public Wi-Fi, make sure to use a VPN (Virtual Private Network). A VPN creates a safe connection between your device (such as your laptop or phone) and the public Wi-Fi you want to connect to, which makes it harder for hackers to get your online data.
When I have to use free public Wi-Fi, I always make sure to connect to my VPN first, as it’s always a good idea to be safe and protect my laptop as well as my personal information. I have a VPN on my phone as well as on my laptop!
Only use networks that are password protected
When using public Wi-Fi, you should always choose networks that have passwords. Password-protected networks encrypt your data, which makes it harder for criminals to get your information.
I know it can be tempting to look for open networks that have no password as that can seem so easy, but criminals tend to use this to their advantage because they know that you are vulnerable (and desperate for quick Wi-Fi!).
Make sure it’s a real network
Before using any public Wi-Fi, you will, of course, want to make sure it’s real. Unfortunately, there are people who sometimes make fake networks with names that seem like the real ones to trick people and hack their devices.
For example, a fake network might be called “Free Airport Wi-Fi” instead of the actual “Airport Wi-Fi.” To make sure that a free internet network is legit, you should ask the staff for the right name and password or check for signs with information about the Wi-Fi you should be connecting to.
I have personally seen fake Wi-Fi networks, and sometimes they are really close to the real ones. So, always be careful and double-check the name!
Frequently Asked Questions About Free Internet
Below are common questions about how to find free internet access.
Is there any way to get free internet?
Yes, there are ways to get free broadband internet services. Public libraries, cafes, and community centers usually have free Wi-Fi for public use. For home internet access, you can look for internet service providers such as FreedomPop, or check whether your current provider has any free internet plans.
When getting free internet, I do recommend monitoring your data usage. Sometimes, the amount of data you get each month may be on the low end. Or, it may be slow. These are two things to think about.
How to get free internet for students?
Students can get access to free internet while at their school or college campus. Also, some internet service providers and community organizations have programs for students from low-income families.
How to get free internet from the government?
If you want to learn how to get free internet from the government, then you do have some options, such as the Affordable Connectivity Program. This helps low-income households get internet at a lower cost, such as with a $30 monthly discount on your internet bill. While it may not technically be “free,” it does lower your monthly cost for internet by a lot.
How To Get Free Internet Access – Summary
As you can see, there are many different programs and options where you can get free or low-cost internet access from internet service providers (ISPs) like AT&T, Comcast, Verizon, and others.
But, keep in mind that free internet might not always be super fast. Still, if you know your choices and take care, you can stay connected without spending a lot of money.
If you need to know how to get free internet at home without paying, then I recommend looking at each internet company’s website to determine if you are eligible and to find the best option for your needs.
What do you recommend for someone who wants to learn how to get free internet at home without paying?
Of course, there’s a risk in handing over sensitive data. Identity theft is on the rise — the Federal Trade Commission received more than 1.1 million reports of it in 2022 alone. And the total number of data breaches has more than tripled, according to a 2022 report from Verizon.
The good news is, there are steps you can take to help protect your personal information. Some of these you’ll only need to do once, others are a habit that you’ll get the hang of with time.
Let’s take a closer look.
1. Use Strong Passwords
One of the most basic ways to protect yourself online is to use a unique password for each of your accounts — email, social media, mobile banking, you name it. Aim for passwords that are simple for you to remember but difficult for others to guess.
To create a strong password, keep the following tips in mind:
• Use a combination of upper- and lower-case letters, symbols, and numbers.
• Longer is usually better — aim for a password that’s at least six characters long.
• Never use personal information like your name, birthday, or email address.
• Random passwords are usually difficult for hackers to crack. Use a password generator if you need help.
💡 Quick Tip: Make money easy. Enjoy the convenience of managing bills, deposits, and transfers from one online bank account with SoFi.
2. Turn On Two-Factor Authentication
Take advantage of two-factor authentication (2FA) when possible. 2FA involves using one authentication method plus your username and password. Examples of 2FA include sending a numerical code to your phone or email, using fingerprint ID, or identifying you via facial recognition.
Certain accounts add an extra layer of protection by using authenticator apps like Google Authenticator, Authy, or Microsoft Authenticator. Typically, these apps generate a verification passcode, which you’ll need to enter when you log in.
3. Always Use a Secure Connection
There were concerns in the not-so-distant past about using a public wifi network to get online, as it could make your information vulnerable to hackers. But today, connecting through a public network is usually considered safe. That’s because most websites protect data through encryption, a process that involves scrambling information so it can only be deciphered using a unique encryption key.
To make sure your connection is encrypted, look for either a lock symbol or “https” to the left of the URL in a browser.
4. Know the Signs of a Phishing Scam
Phishing is the oldest trick in the book. Unfortunately, it also happens to be fairly successful.
Phishing emails and text messages can take many different forms: a link to confirm financial information, an alert about suspicious activity or log-in attempts on one of your accounts, an invoice you don’t recognize, a coupon for a free prize.
One effective way to help prevent falling for these scams? Be cautious about emails that have an attachment or embedded link, and don’t click or download anything from a source you don’t recognize. Keep in mind that legitimate companies usually won’t send you a link to change or update your payment information. If you’re not sure whether a message is authentic, you can call the company directly to confirm.
5. Check Your Credit Report
Checking your credit report regularly is a simple way to help protect your identity and financial security. You can request a free credit report from each of the three major credit reporting agencies, Equifax, Experian, and Transunion, by visiting AnnualCreditReport.com . It will detail all the information about your financial history, including credit card debt, student loans, missed payments and more.
When you receive your credit report, make sure all of the information is accurate. If you notice anything that is incorrect, report it to the credit bureaus and dispute any inaccurate information.
💡 Quick Tip: Check your credit report at least once a year to ensure there are no errors that can damage your credit score.
6. Monitor Your Credit Card and Bank Accounts
Keeping tabs on your credit card and bank accounts doesn’t just help with tracking your spending. It’s also a good way to spot mysterious charges.
Sometimes, a scammer will start with a small, unassuming charge and then quickly escalate their spending when they feel that a person isn’t paying attention. Look for strange names and keep tabs on every purchase, no matter how small.
7. Make Social Media Profiles Private
At first glance, this might seem like an unnecessary step. After all, if someone has your social security and your address, what more do they need? But strengthening your privacy settings on your social media accounts can go a long way to protecting your data in the future. Hackers can use photos, comments, and more to learn about you, which could make it easier for them to break into your accounts.
8. Tap Into Online Tools for Help
As data security becomes more important, the government is getting involved. If you think, or know, that your identity has been stolen, you can visit Identity Theft , the Federal Trade Commission’s website dedicated to cyber security protection. There are resources to help you troubleshoot ongoing issues, create a plan to protect your identity, report identity theft, and more.
9. Update Software
Yes, updating apps, web browsers, and operating systems takes time and may temporarily disrupt your work. But the reward — protecting your data — is worth the few extra minutes. Many times, software updates include new features or improved security.
Set updates to happen automatically so you always have the latest and greatest version.
10. If Your Identity Has Been Stolen, Consider Placing a Credit Freeze on Your Files
By placing a credit freeze or security freeze on your files, you can prevent a potential hacker from opening a new account in your name. The freeze restricts access to your credit report, which makes it difficult for a cyber criminal to open up any accounts.
Freezing your credit does not affect your credit score. However, as long as the freeze is in place, you won’t be able to open any new accounts in your name. If you’re planning to rent an apartment, apply for a job, or buy insurance, you’ll likely need to temporarily lift the freeze for a certain amount of time or for a specific party.
Check with the credit reporting company in advance to find out the costs and lead times. The process is daily involved, as you’ll have to request a credit freeze with all three agencies.
Also, it’s worth mentioning that a credit freeze doesn’t prevent a hacker from adding charges to your existing accounts
11. Consider Placing a Fraud Alert on Your File If You Suspect Identity Theft
This is a much easier option than placing a full credit freeze, as it only requires creditors to confirm your identity instead of freezing all your credit in the future. It may be a good step to take if you are concerned that someone might have been able to access your personal data but lack proof
The Takeaway
Data breaches and identity theft happen, but by taking some simple precautions, you can help keep your personal information from falling into the wrong hands.
Cybercrime isn’t just disruptive, it can also be expensive. That’s why SoFi has partnered with Blink by Chubb to help protect your finances with cyber insurance. Apply in just minutes and get your quote.
SoFi helps you safeguard your digital life.
Photo credit: iStock/ozgurcankaya
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.
External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
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P.S. this is in addition to earning 1X Bilt Points when you use the card 5 times each statement period.
Our Verdict
I’m not sure if this is a targeted offer or if it was sent out to all cardholders. Most people should be able to get one or a few of these 1,000 points bonuses. Not clear if prepaid cellular plans will work.
Want to learn how to get a free cell phone and even a free monthly phone plan? Cell phones can be expensive, so I get it. From buying the actual phone to paying for the monthly service plan, it can all add up so quickly. Learning how to get free stuff can really help you…
Want to learn how to get a free cell phone and even a free monthly phone plan?
Cell phones can be expensive, so I get it. From buying the actual phone to paying for the monthly service plan, it can all add up so quickly.
Learning how to get free stuff can really help you to save a lot of money.
Luckily, there are ways to get a free cell phone, and there are even affordable cell phone plans for those who need it.
Some of these programs are through the government, while others are given by wireless carriers competing for your business. Government-sponsored programs like the Lifeline program help low-income families stay connected by giving them free cell phones and discounted wireless plans. On the other hand, wireless carriers also give away free things occasionally to try and get new customers to switch to them.
Below, I will be talking about how to get a free cell phone from the government, how to sign up for free monthly cell phone plans, and how to get a phone and service if you don’t qualify for one from the government. Even if you don’t qualify, there are ways to get a cell phone or service for free.
Recommended reading:
Why Are There Free Cell Phones And Plans?
Free phones exist for a few different reasons. Below, I will be talking about free government cell phones specifically. In a further section, I will tell you how you can get a free cell phone if you don’t qualify for a free government cell phone.
Free government phone program
There are free cell phones offered by the U.S. government through two programs – Lifeline and the Affordable Connectivity Program (ACP).
These programs help low-income individuals stay connected, as phone service is important for daily tasks such as finding a job, allowing U.S. residents to call emergency services, and staying in touch with friends and family.
Lifeline and ACP give subsidies to the phone companies, which, in turn, provide free phones and service to eligible customers.
Overall, free government cell phones support the goal of changing lives positively by making sure that even those who don’t have enough money can still have access to a phone.
How to qualify for a free government cell phone
To qualify for a free government cell phone, you need to meet specific eligibility requirements. You may be eligible if:
Your income is at or below 135% of the federal poverty guidelines for Lifeline and 200% for ACP.
You participate in a qualifying federal assistance program such as:
Medicaid
Supplemental Nutrition Assistance Program (SNAP)
Supplemental Security Income (SSI)
Women, Infants, and Children (WIC)
Federal Public Housing Assistance (FPHA)
Veterans Pension and Survivors Benefit
There are also tribal assistance programs. If you live on Tribal lands, you can get Lifeline if your household income is at or below 135% or if you participate in any of the programs listed above, as well as Bureau of Indian Affairs General Assistance, Tribal Head Start, Tribal Temporary Assistance for Needy Families (Tribal TANF), or Food Distribution Program on Indian Reservations Assistance.
Only one ACP or Lifeline benefit is allowed per household (not per person).
Please visit the Lifeline Support website and ACP website to determine your eligibility and apply for the programs. You can also learn more about this on the Federal Communications Commission’s (FCC) website.
What kind of free government cell phone do you get?
If you are eligible for the ACP benefit or the Lifeline program, you may receive a one-time free cell phone from one of the phone companies partnered with the government.
The specific models of phones that you can get may vary, but they are usually basic smartphones and you won’t know the specific device until it is shipped to you in the mail.
Please note that the government doesn’t offer free iPhones as part of either program (but you may be able to get a free iPhone from one of the carriers below for switching to them).
Free government cell phone plans
If you are looking for a free wireless plan or a monthly service discount, there are many options for you.
When looking for a free government cell phone plan, it’s important to consider the options that are available to you. Different providers have their services through government programs like Lifeline and the Affordable Connectivity Program.
When comparing plans, think about factors such as:
Unlimited talk and text
Data allowances and the amount of high speed internet you get
5G or 4G LTE coverage
The specific plans and devices will vary depending on the provider and your location.
Step-by-step to getting a free government cell phone and service
Eligibility – First, you must figure out if your household is eligible for a free government cell phone plan. This usually depends on your household income, and the National Verifier uses data from different databases to determine if you are eligible or you may be required to show documents for proof.
Application – If you qualify, the next step is to apply for a plan. You can usually do this through the phone provider’s website or in person at a local office or retail location, and you will want to make sure you have documentation proving your household income when you apply.
Device selection – Based on availability, you’ll be able to choose your device, such as an Android smartphone or a Samsung Galaxy device. Some plans may offer iPhones or tablets as well, but it’s not as common.
Activate and use your new phone – Once you receive your device, follow the instructions for activating your new phone, and enjoy your new free government cell phone plan and service.
As you can see, getting a free government cell phone plan is a pretty easy process that can save you money.
Best Places To Get A Free Cell Phone And Plan
In this guide, you will learn about the best places to find a free cell phone. Here are the best places that give free phones:
1. Life Wireless
Life Wireless, a participant in the federal Lifeline program, gives free mobile phones and monthly service plans to eligible low-income households.
You can get free unlimited data, talk, text, and even hotspot if you qualify.
To see if you qualify, visit their website and check their eligibility criteria. Once approved, Life Wireless will provide you with a free phone and service plan that suits your needs.
2. TruConnect
TruConnect is another provider that participates in the Lifeline program. They give free smartphones and monthly service plans to qualifying customers.
TruConnect specifically gives out new Android smartphones. Their wireless plans include unlimited talk and text, unlimited monthly data, and unlimited international calling.
To apply, visit the TruConnect website and check if you’re eligible for their services. After verifying your eligibility, you’ll receive a free cell phone along with a monthly plan.
3. Assurance Wireless
Assurance Wireless is an ACP program participant that gives free phones and monthly plans to qualified low-income customers.
You can get free unlimited talk/text as well as 25 GB of high speed data plus 2.5 GB of mobile hotspot data each month on the T-Mobile network.
You can visit the Assurance Wireless website and check if you meet their eligibility criteria. Once approved, they will provide you with a free Android smartphone and a monthly service plan.
4. SafeLink Wireless
SafeLink Wireless, another Lifeline and ACP provider, gives a free cell phone and monthly service to eligible customers.
Their monthly plans come with unlimited data, unlimited talk/text, and 10 GB of hotspot data.
Simply head to the SafeLink Wireless website to determine your eligibility for their services. If you qualify, you’ll receive a free cell phone and a plan.
5. Q Link Wireless
Q Link Wireless is a Lifeline program participant that gives free cell phones and monthly plans to eligible individuals.
Their monthly plans come with unlimited data, unlimited talk/text, and sometimes even a free tablet (ACP subscribers under their network must pay a one-time $10.01 co-pay).
Visit the Q Link website, verify your eligibility, and apply for their service. Once approved, you’ll receive a free smartphone and a monthly service plan.
6. Craigslist
Craigslist is a popular site for buying, selling, and trading items, including cell phones. You might find people giving away free phones or trading them for other items.
I recommend looking at your local Craigslist “Free Stuff” section to see if there are any free phones near you that you can get.
7. Buy Nothing groups
Buy Nothing groups are local groups that give free items and services to their members. People like you and me give away, lend, or share items in these groups all the time.
I have personally given away many items in Buy Nothing groups, and it is such a great resource.
You can look for a local Buy Nothing group on Facebook and ask to join – you can start by searching for “Your town name + Buy Nothing group” on Facebook. Then, look for posts in the group, or post a new thread asking to see if anyone has a free cell phone to give away.
Companies That Give A Free Phone When You Switch Providers
One of the most common ways to get free cell phones is directly from the phone companies themselves. These companies give free phones or device discounts as part of their service contracts.
The cost of the phone is usually built into the monthly payment for the contract many times (and makes the monthly cost much more expensive). Most companies have a wide range of phones, from the latest iPhone to the newest Android device. It’s important to know, however, that these are typically tied to long-term contracts, which could last for up to two years or more and also may have high monthly plan costs.
To get a free phone, some of the companies may require you to trade in your old phone, while others give the free phone to new customers as a way to get you to switch from your current company.
If you’re thinking about switching cell phone providers, it’s helpful to know which companies give free phones as a bonus. Below, we look at four major cell service companies and their free phone deals for customers who make the switch.
Note: You won’t get a free monthly plan with the below providers.
8. AT&T
AT&T usually has promotions for new customers that include free phones. The devices that they give away can vary, but it’s usually for the most popular phone choices, such as Apple, Samsung, and Google Pixel.
In the past, I have personally received a free cell phone for signing up for a new plan with AT&T, so I know it’s real!
9. Verizon
Verizon is another company known for giving free phones to customers who switch to them. They usually have deals on smartphones like the latest iPhone, Samsung Galaxy, and Google Pixel devices.
10. T-Mobile
T-Mobile also has free phone deals for customers who make the switch to them. These deals usually include cell phones like Apple and Android.
11. Cricket Wireless
Cricket Wireless gives free phone deals to customers who switch from another carrier. The devices available as part of these deals often include budget-friendly options from major phone companies.
Before making any decisions, it’s important to compare these free phone offers with your current mobile plan and provider. Think about factors like phone coverage (will the new service plan have coverage where you live?), the amount of data you get, and contract length when deciding which deal is right for you.
Places To Get Cheap Cell Phone Service
If you don’t qualify for free cell phone service, then you may be interested in learning how you can save money with your monthly cell phone bill. Below are the best places to get a cheap monthly cell phone service.
Google Fi Wireless
Google Fi has affordable wireless plans depending on your needs, and it is what I have used for several years.
Their Flexible plan starts at just $20 per month, per line. This is a great option if you are looking for a plan that doesn’t break the bank and still has reliable service.
Mint Mobile
Mint Mobile is known for its very budget-friendly cell phone plans that start at just $15 a month for 5 GB. An unlimited plan is just $30 a month.
Mint Mobile runs on a reliable network, making it a great choice for someone who is trying to save money but still wants to be able to have service that they can count on.
Boost Infinite (formerly Republic Wireless)
Republic Wireless has affordable phone plans with a focus on simplicity and user flexibility. Their no-contract plans start at $15 per month for unlimited talk and text with the option to add data as needed.
I have several family members who were on Republic Wireless for years, and they liked how budget-friendly the service was.
Tello
Tello has plans that start at just $10 per month for 1 GB with unlimited minutes and free text messaging. Their Unlimited everything is only $29 per month.
They also provide a no-contract flexible option, allowing you to change your plan anytime to adjust to your needs.
FreedomPop
FreedomPop is a company that has both free and very cheap cell phone plans. Through the Affordable Connectivity Program, you can get unlimited wireless service (10 GB at 5G speeds) for just $0 a month.
If you don’t qualify for the government cell phone assistance program, they also have a free plan which looks to be a really good deal. You pay a one-time fee of $10 for the SIM card kit and the free plan includes 10 minutes of voice calling, 10 text messages, and 25 MB of high speed data each month. Yes, it’s not much data each month, but they also have plans for $30 a month that include unlimited texting and 10 GB of data.
Frequently Asked Questions About How To Get A Free Cell Phone
Below are answers to common questions about how to get a free cell phone and plan.
What programs give free phones to low-income individuals?
The Lifeline program is a government benefit that gives free or discounted phone services to qualifying low-income customers, including a free cell phone in some cases.
What are the top free phone plans in the US?
There are many popular free phone plans in the U.S. where you can get free cell service. Some popular options include the Lifeline Assistance program, which gives free or discounted cell phone service to eligible low-income consumers. Plus, carriers like Life Wireless have free monthly unlimited data, talk, and text through Lifeline and the Affordable Connectivity Program.
Who has the best free government phones? Which free government phone company is the best? What Lifeline provider sends the best free phones?
There are many different companies that participate in the free government phone program such as Life Wireless, Assurance Wireless, SafeLink, and Q Link Wireless. Each company is a little different, and you should choose the best one for you based on their coverage map, plan options (how much data do you need?), and phone device.
How do I qualify for a government assisted phone? Who is eligible for a free cell phone from the government?
To get a free government-assisted phone, you will have to meet certain income requirements or participate in a government assistance program such as the Supplemental Nutrition Assistance Program (SNAP), Medicaid, or Veterans Pension program.
Which carriers give free cell phones to seniors?
Some phone carriers have special deals and discounts for senior citizens, but I don’t know of any free phones that are targeted specifically for seniors. However, if you are a senior who qualifies for any of the government assistance programs mentioned earlier, you might be eligible for a free cell phone or a discounted service.
How do I apply for a free government phone?
Getting a free government phone is usually pretty simple and can be done on the phone company’s website directly. You can visit the website of a cell phone company that participates in the program, such as Life Wireless, and see if you qualify. They have easy instructions to follow, and you can find out if you are eligible for a free phone.
How To Get A Free Cell Phone – Summary
If you need a free cell phone or wireless service, there are many different options to look into.
Free cell phones can have a big impact on the lives of individuals and families. With these phones, they can:
Connect with potential employers
Call for emergency services
Stay up to date about news and important events
Both government-sponsored programs and wireless carriers have ways to get free phones.
The government programs are designed to provide free cell phones and service to eligible households, usually those who meet specific income or program participation requirements.
Telecommunication companies (like AT&T and Verizon) sometimes have deals to get potential customers to switch to them, such as free cell phone deals that are usually tied to specific contract terms (1 or 2 years long).
Do you want to know how to get a free phone? Did you know that you can get a free government cell phone?
The “Dogs of the Dow” is an investment strategy that focuses on large, established companies that offer relatively high dividends. There are different ways to pursue the strategy, but it generally attempts to outperform the Dow Jones Industrial Average (DJIA) by investing in the highest dividend-yielding stocks from among the 30 stocks that comprise the DJIA.
The Dow Jones is among the oldest and most popular stock indices in the world, with casual investors often using it as a shorthand for the performance of the broader stock market, and even the global economy. Over time, the Dogs of the Dow tends to perform in line with it.
The Dogs of the Dow strategy became popular in 1991 with the publication of Beating the Dow in which author Michael B. O’Higgins coined the term “Dogs of the Dow.” The strategy itself reflects the assumption – usually true – that blue-chip companies have the stability to continue to pay out their regular dividends regardless of the performance of their stocks.
How the Dogs of the Dow Work
The formula for identifying the companies in the Dogs of the Dow is – by the standards of economics – fairly simple. It comes down to the stock’s dividend yield, calculated by dividing the annual dividend paid by a stock (in dollars) by its stock price. The stocks with the highest dividend yields are the Dogs of the Dow.
Followers of the Dogs of the Dow strategy believe the dividend paid by a company more accurately reflects its average value than the trading price of that company’s stock. Unlike the dividend, the stock price is always in flux.
When the stock prices of companies go down in response to the business cycle, the ratio of those companies’ dividends to their stock prices will go up. In other words, the dividends of those stocks will be disproportionately high in relation to their stock prices. Adherents of the Dogs of the Dow strategy believe the companies with that high dividend-to-stock-price ratio will eventually revert to their mean and should grow faster when the business cycle turns, and their prices increase. In addition to promising performance, the strategy also offers investors regular income in the form of dividend payments. 💡 Quick Tip: Before opening any investment account, consider what level of risk you are comfortable with. If you’re not sure, start with more conservative investments, and then adjust your portfolio as you learn more.
Who Are the Dogs of the Dow in 2023?
The 2023 Dogs of the Dow are led by Verizon with a dividend yield of 6.62%, followed by Dow with a dividend yield of 5.56%. The others are: Intel (5.52%), Walgreens (5.14%), 3M (4.97%), IBM (4.68%), Amgen (3.24%), Cisco (3.19%), Chevron (3.16%), and JP Morgan Chase (2.98%).
The Dogs are always changing, as are the companies that make up the DJIA itself. In 2020, for example, Salesforce.com joined the index – a rare entrant that has never paid its investors a dividend. In the same year, troubled aerospace titan and DJIA member Boeing suspended its dividend.
Between 2022 and 2023, Cisco and JP Morgan Chase joined the list, and Merck and Coca-Cola left the list because their dividend yields dropped.
It’s easy to see that the highest-yielding stocks in the DJIA are always changing. This means that an investor who is pursuing this strategy needs to regularly rebalance their holdings, whether monthly, quarterly or annually.
One reason such rebalancing is necessary is that even though the large stocks in the DJIA typically have lower volatility than some other stocks, their values still change over time. So rebalancing is an important step toward preventing a situation where one stock plays too big of a role in a portfolio’s performance. But with a Dogs of the Dow strategy, rebalancing is even more important, as the companies that fit the description will change on a semi-regular basis.
Investing in the Dogs of the Dow
Different investors view the Dogs of the Dow differently. Some say it’s only the five or 10 DJIA stocks with the highest dividend-to-share-price relationship. But it’s worth noting that not all 30 companies on the DJIA index currently pay dividends.
Investors can buy 10, 15 or all 30 of those stocks through a brokerage account. Or they can invest in the DJIA by purchasing exchange-traded funds (ETFs). There are even Dogs of the Dow ETFs that invest in the dividend-focused strategies similar to Dogs of the Dow approach. But when buying one of these funds, it is important to read their strategies before investing.
Recommended: What Are Dividend ETFs?
Pros and Cons of Dogs of the Dow Strategy
There are several advantages to using a Dogs of the Dow strategy, but there are also some drawbacks for investors to consider.
Dogs of the Dow: Pros
• The strategy invests in Blue Chip companies with a long history of success and industry-leading positions.
• It has a history of outperforming the DJIA.
• Investors receive regular dividend payments.
Dogs of the Dow: Cons
• The IRS taxes dividends paid by the stocks at the income-tax rate rather than the lower capital gains rate.
• It is a value-oriented strategy that may lag during growth markets.
• The strategy isn’t widely diversified.
💡 Quick Tip: When you’re actively investing in stocks, it’s important to ask what types of fees you might have to pay. For example, brokers may charge a flat fee for trading stocks, or require some commission for every trade. Taking the time to manage investment costs can be beneficial over the long term.
Does Dogs of the Dow Still Work?
The Dogs of the Dow struggled during the market upheaval of 2020. As a group of 10, the Dogs lost 13% over the course of the year, well below the 7% increase posted by the DJIA. In 2021, the Dogs were also below the DJIA and the S&P 500. And 2021 was the third straight year the Dogs didn’t do as well as the broader Dow.
However, in 2022, Dogs of the Dow did better than the DIJA with a positive return of 2.2%, while the DJIA had a negative return of -7.0.
Historically, Dogs of the Dow has occasionally done worse than the broader DJIA, notably in the financial crisis of 2008, when it suffered larger losses than the index. But through the 10 years that followed, it outperformed the Dow, though not profoundly.
But even small amounts of outperformance add up over time. A $10,000 investment in the DJIA made at the outset of 2008 would have grown to approximately $17,350 by the end of 2018. The same amount invested in the Dogs of the Dow strategy would have reached $21,420 by the end of 2018, assuming that the investor rebalanced their holdings once per year.
Recommended: What Is the Average Stock Market Return?
The Takeaway
Dogs of the Dow is an investment strategy that uses dividends as a way to spot undervalued Blue Chip stocks, and to benefit from economic cycles.
While investors may be interested in exploring the Dogs of the Dow, the strategy does have pros and cons. Investors should weigh the benefits and drawbacks carefully before using it.
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Hello! Today, I have a great debt payoff story from a reader, Ashlee Binderim. This is how she paid off $162,000 in debt. Enjoy! When you get married, you’re supposed to ride off into the sunset and live happily ever after, right? Well, not for us. That “honeymoon phase” came to a screeching halt when…
Hello! Today, I have a great debt payoff story from a reader, Ashlee Binderim. This is how she paid off $162,000 in debt. Enjoy!
When you get married, you’re supposed to ride off into the sunset and live happily ever after, right?
Well, not for us. That “honeymoon phase” came to a screeching halt when we quickly realized our financial situation wasn’t ideal (to say the least).
Let me set the stage for you – we were in our early twenties, still going to college full-time, and working part-time jobs when we said “I do”.
We were barely making ends meet and money was really tight.
We knew that we were walking into this marriage with debt, but we didn’t actually know how that would impact our financial future.
My husband was in that sweet spot where his parents made too little money to send him to college but too much money to qualify for financial aid. This resulted in him taking out $150,000 in student loans.
During his time in college his student loans accrued $15,000 in interest. Bringing his grand total to $175,000 in student loans.
I put myself through college and was able to qualify for financial aid and I also received some scholarships but it didn’t cover everything. I took out $11,000 in private loans and $20,000 in student loans. I worked part-time and was able to pay back about $10,000 while in college, leaving $21,000 that I brought into our marriage.
Finally, we decided to purchase a brand new car at $29,000.
Bringing the grand total to: $225,000 in debt.
We were barely old enough to legally drink and had $225,000 in debt.
With an income of less than $3,100 a month starting out, our debt felt like we were chipping away at Mount Everest with a pickaxe.
These loans were holding us back in just about every area of life. We were already paying a mortgage payment for a student loan, so we knew that we couldn’t afford to purchase a house.
We were trying to pay off debt as quickly as possible which meant investing took a backseat.
We had to say no to just about everything that we wanted to do or buy. Especially during the first year of our marriage because we could barely afford to eat.
So, how did we pay off $162,000 in debt in 6 years? I’m going to walk you through year-by-year our income and approximately how much we put towards debt each year.
Related content:
How we paid off $162,000 in debt in 6 years
2016 – I made around $25,000 that year and my husband made $35,000. We brought in $3,100 a month – collectively. With rent on a small one bedroom apartment at $1,050 which is the cheapest place that we could find. That left us with $2,050 for the rest of our basic necessities. My husband and I were still in college so we didn’t have a student loan payment yet. We knew that we wanted to pay off debt as quickly as possible so we put all of our extra income (which wasn’t much) towards debt. That first year, we were able to pay off $13,800 in student loans.
2017 – I graduated college and got a full-time job as an Instructional Designer where I made $51,000 a year. My husband worked part-time and attended college full-time. He made about $35,000 a year. Which brought our collective income to $86,000 a year or $5,100 take home a month.
In 2017, we also moved from our apartment to a larger apartment. Well, apartment may not be the right word, it was the converted hayloft of a barn. We had an agreement with our landlord that we would do things around the property, like yard work, maintenance, and other miscellaneous things. This agreement meant that we only paid $760 for rent and utilities.
We had to pause our financial goals for a couple months during 2017 because my husband was experiencing loss of vision which resulted in dozens of doctors appointments and specialists to diagnose a rare medical condition. Luckily, we had insurance with a low deductible so we only had to pay a very small amount out of pocket and any travel expenses.
That year we put $22,100 towards paying off debt and saving to pay off my husband’s student loans.
2018 – My husband graduated college and was hired full-time as a Project Manager for a construction company with a starting salary of $71,000. With my $51,000, we made a combined income of $122,000. After medical insurance, taxes, and retirement our monthly take home was around $7,500.
We refinanced my husband’s student loans from his parents name to his, because that was the verbal agreement that they had upon him entering college.
Quick note from Michelle: Companies, such as Credible, help you to refinance your student loans. With refinancing, the average person can save thousands of dollars on their loan, and that’s incredible! You can save a lot of money with student loan refinancing, such as with Credible, especially if you have high interest federal or private loans.
The best interest rate we could get was 6.5% on $175,000 – which meant that over half of the monthly payment of $1,315 went towards interest. According to our student loan provider, we should’ve been in debt for 15 years but knew that we needed to get out of debt as quickly as possible. After doing the math, we were looking at paying over $135,000 in interest alone over the lifetime of the loans.This would’ve brought the total amount of the loan to $310,000 – which as you can imagine, we weren’t ok with.
So, in 2019 we really buckled down and linked arms to make major changes to our finances and put everything we had towards paying off debt which also meant making some hard decisions.
We put $24,229 extra towards debt in 2018 on top of our monthly payments of $1,315 bringing the total towards debt to $40,009 (but remember, only half of our payment was actually going towards the principal).
2019 – This year we got really serious about paying off debt. We were making the most money that we had ever made and we were honestly really tired of saying no to everything. We knew that it was going to take some hard decisions and we needed to refocus our priorities but we knew that it was going to be worth it in the end.
My husband and I both received a raise and were now making a collective $139,000 a year. Monthly take home was around $7,900.
We cut back much of our spending in many areas including insurances, monthly streaming services, and we made one of the hardest financial decisions – we sold our car back to the dealership.
It was a really humbling experience. The car salesman was pretty surprised that we wanted to sell our brand new car back but in just a couple of hours we paid off $21,393 and walked out of the dealership with a paid for car that ran just fine for $1,500. It didn’t have all the fancy bells and whistles but it drove and meant we were able to achieve our financial goals faster. I still drive this car around today and love it!
Again, we experienced another financial setback due to health issues. I received a diagnosis that required several specialized treatments that our insurance didn’t cover. Despite this setback, we were still able to knock down our debt.
We put $57,820 in debt in 2019 alone (a big portion of that was the car that we sold back to the dealership).
Through our debt journey I learned that I really have a passion for helping other people reach their financial goals and decided to pursue a financial coaching certificate and started to build a financial coaching business.
Because we were paying off debt left and right our credit score dramatically increased and we decided to refinance our student loans for a lower interest rate of 4% but kept our monthly payments the same.
Refinancing for an interest rate just 2% smaller drastically changed how much money was going towards the principle. We went from paying about $600 a month in interest to $250 from a 20 minute phone call with our student loan provider.
2020 – I quit my job in February to pursue working full-time on my financial coaching business – our income took a huge hit as world events hit the U.S. in March of 2020 and I focused on helping people for free during this tumultuous time. Although we didn’t pay off as much debt as we wanted to, I knew I was helping people gain some semblance of security during an unprecedented time and that was worth our financial goals taking a small backseat.
By November we were under $100,000 in debt and for the first time our debt finally felt more tangible and like we were making serious headway in becoming debt free!
That year we brought in $106,000 and our monthly take home was around $6,000. We received several stimulus checks that we also put towards debt which really helped and my husband also received a company car which cut down on our monthly insurance payments and gas budget almost completely.
In 2020, we put about $33,488 towards debt during such an unprecedented time which we were very grateful for making any progress towards our goals because we knew that wasn’t the case for a lot of families out there.
2021 – As of today, our income is around $112,000 with a monthly take home pay of $6,400. Now that we’re in the home stretch – we’re doing everything that we can to pay off the remainder of debt. This year we’ve sold a travel trailer, small fishing boat, extra vehicle, and many other miscellaneous things around the house. I also started a fine art painting business to sell some paintings that I’ve done over the years.
We just refinanced our student loan again to get an all time low interest rate of 2.25% which will save us about $1,500 a year that will go directly to the principal instead of interest!
Literally anything and everything we can do to pay off this debt – we’re doing it!
By the end of this year, we’re looking at approximately $42,000 in debt and we have a goal of becoming debt free by September 2022!
As you can see, there were a lot of things that came up during paying off debt. But I wanted to give you a really clear and honest picture of what our payoff story looked like!
I feel like there’s a lot of stories out there that don’t show you the hard parts of paying off debt – which for us, there were several moments where we felt like we were stalled out and not gaining any forward momentum.
But, each and every month that we put money towards debt we feel just lighter, more secure in our future, and that much closer to hitting our goals. Despite the setbacks, it’s still worth it.
Let’s dive into the three specific things that we did to pay off $162,000 in debt in 6 years and not lose sight of our goals.
1. Get on the same page
This is one of the most important steps that you can take if you’re married or in a committed relationship.
If you’re not on the same page with finances, you’re going to pull in opposite directions and make little progress.
But, when you both agree on working together and in the same direction, you’ll gain momentum faster and also hold each other accountable to achieving your financial goals.
In order to get on the same page, I recommend that you sit down at the beginning of the month to create a budget and have that budget readily available to look at.
Hang it on the fridge if you need to.
This way it’s a constant reminder of what you’re working towards and will keep you moving forward together with momentum.
2. Set priorities
You can’t accomplish everything in a year, so set your top 3 financial priorities that you want to focus on in that given year and only focus on those three things.
For example, let’s say you make $65,000 a year and your priorities are paying off $15,000 in debt, taking a $4,000 vacation, and saving $3,000 in an emergency fund.
You can’t, however, max out your retirement, Roth IRA, take 3 luxurious vacations, save $100,000 for a down payment on a house, and do everything else that I mentioned above.
It’s just not feasible.
Not only that, but you would be setting yourself up for failure because your goals are not realistic and probably would feel very overwhelming and limit you from taking any steps forward.
By focusing on our top three priorities, it helped us to say no to things that didn’t fit into our priorities and kept us on track to hitting our financial goals.
3. Still have fun
As a financial coach, I’ve done a ton of research on human psychology around money. I’ve learned that your brain’s sole job is to keep you safe – to your brain, that means the same.
Because anything different from what you’re doing is scary, uncomfortable, and maybe even a little painful and your brain will do anything to make sure you don’t feel those feelings to keep you safe.
So, let’s say that you have a goal to pay off $50,000 in the next 2 years.
In order to do that, you will likely have to do a couple of things: ask for a raise, cut your spending back, sell things around the house you don’t use anymore, or pick up a side job.
All of these things are outside of your normal routine which means the brain goes on high alert and you might feel stressed out.
When you feel stress over something, your brain will try and keep you from feeling those uncomfortable emotions so it’ll have you focus on something else instead.
When you feel stress, your brain will get you to do something else that brings you happiness or at least procrastinating from the feelings that you’re feeling – like scrolling on social media, binging Netflix, eating that pint of ice cream, etc. Then you feel stress that you didn’t make any forward progress and you rinse and repeat.
Achieving your financial goals doesn’t have to be so difficult when you help your brain understand the benefits to achieving that goal.
To circumnavigate human psychology, it’s important that you still have fun while you’re going after your financial goals. I’m not talking about taking a luxurious vacation every month.
But I am saying that you need to set aside a little money to have fun! This will actually help your brain adapt to new habits and help you achieve that financial goal faster because you’re not fighting against your brain.
It also helps to know that it’s going to be a marathon, not a sprint.
Financial goals, especially large ones, are going to take some time. Unless you win the lotto (that you likely don’t even play), it’s going to take an extended amount of time to accomplish your goals and that’s a good thing!
Long-term financial goals can teach us the importance of patience, delayed gratification, and finding joy in the little things.
This can be translated to everyday life. You learn to say no to the little things because you’re so focused on the long term goal.
Because my husband and I have paid off over $162,000 in debt we know that we can tackle any financial goal that we set for ourselves and we’re actually stronger and a better team because of it!
There are several areas where we saved money that might help you as well –
Car insurance – We were able to lower car insurance by shopping around regularly. If we felt like our car insurance was too expensive or when they raised the prices after a year, we would shop around for a better quote. On average we save $700 a year by shopping around.
Phone bill – We switched from Verizon to PureTalk to cut our phone bill by $120 a month! Now, I only pay $31 a month for the same service.
Sold stuff – We sold many many things over these 6 years. We sold a total of 4 cars, a travel trailer, small fishing boat, furniture, vegetables from our garden, old artwork from college, and many other things that I’m sure I’m forgetting!
Get creative with housing – The housing market is insane right now so I know how hard it can be to find affordable housing. When you think outside the box and find creative solutions you’ll be surprised with how much money you can actually save. You can live in a mother-in-law suite, buy a trailer and rent someone’s backyard to park it on, live in a van, or do a work-trade for discounted housing like we did.
Refinance student loans – A fun fact about student loans is that you can refinance them as much as you want to. We refinanced our student loans 3 times to get a better interest rate and it’s usually pretty painless.
When we first refinanced our student loans the best interest rate that we could get was 6.5% meaning that about $600 a month was only going towards interest and not even touching the principle. When we refinanced our student loan again a year or so later we were able to save about $350 a month!
As you can see our journey in paying off $162,000 in debt wasn’t a clear path.
It had bumps in the road, things came up that we couldn’t foresee and that’s okay. That’s life! But, you shouldn’t let those bumps completely halt your progress.
We never exceeded $140,000 a year in our income and were still able to pay off our debt in half the time. I’m not saying that it’s easy, but it’s possible. We got on the same page, focused on our main priorities and still had fun in the process.
We’ve traveled to Texas, Montana, Oregon, Utah, Colorado, Nevada, Washington, and California while paying off debt.
I hope that reading through our journey to paying off $162,000 in debt has been inspiring and given you hope.
If you want to watch our journey to become financially free by September 2022 and pay off $63,000 in debt, you can follow us over on Instagram where we’ll be giving regular updates!
Author bio: Ashlee and her husband started their marriage with over $225,000 in debt. They were both working part time, going to college full time, and barely making ends meet. After years of struggling they finally figured out how to link arms and tackle financial goals together. Current debt payoff: $162,000 to date! Now, she’s a certified financial coach and on a mission to help other couples reach their goals by getting on the same page with their finances so they can set up a secure future. You can find her on her website Beyond Millions as well as on Instagram.
Sign-up bonus: Get a $100 statement credit when you open a new Verizon Visa Card account and make a purchase on the card within the first 90 days of account opening.
4% Verizon Dollars: On grocery store and gas purchases
3% Verizon Dollars: On dining purchases, including takeout
2% Verizon Dollars: On Verizon purchases
1% Verizon Dollars: On all other eligible purchases
Additional benefits: $10 per month off each line with AutoPay
Open a BMO Harris Premier™ Account online and get a $500 cash bonus when you have a total of at least $7,500 in qualifying direct deposits within the first 90 days of account opening. Expires 9/15. Conditions Apply.
Verizon is not one of the cheapest cell phone plan providers on the market. But it’s reliable and reputable, which is enough for millions of customers.
If you’re one of them and you have solid credit, the Verizon Visa Card could help you reduce the cost of doing business with Verizon. And avoid the hassle of switching carriers.
The Verizon Visa Card has a lot to recommend it, including a generous cash-back program and ongoing automatic payment discounts. But it’s not for everyone, so be sure you understand its strengths and weaknesses before you apply.
What Is the Verizon Visa Card?
The Verizon Visa Card is a cash-back credit card for Verizon mobile plan subscribers. To qualify, you must be a Verizon account owner or account manager on an account with 12 or fewer lines. You can add people who aren’t Verizon account owners or managers as authorized users.
The Verizon Visa Card earns 4% back on grocery and gas purchases, 3% back on dining purchases, 2% back on Verizon purchases, and 1% back on all other purchases. Rewards accrue as Verizon Dollars, which you can redeem for purchases at Verizon’s website or physical stores. You can also use them for gift cards, statement credits against your Verizon bill, and travel bookings.
The Verizon Visa Card has no annual fee. It has some other notable benefits as well, including a $10-per-line monthly discount on your Verizon bill when you enroll in automatic payments. There’s also a sign-up bonus that requires just one purchase during the first 90 days of account opening.
What Sets the Verizon Visa Card Apart?
The Verizon Visa Card stands out from similar cash-back and retail credit cards in several ways:
Up to 4% back on eligible purchases. The Verizon Visa Card earns up to 4% back on eligible purchases. Specifically, it earns 4% back on gas and grocery purchases and 3% back on dining purchases, including takeout. That’s unusually generous for a cash-back card with no annual fee.
Broad bonus rewards categories. This card has broader bonus rewards categories than most other cash-back cards. They encompass three major spending categories in addition to Verizon purchases, likely accounting for a significant portion of cardholders’ budgets.
Easy-to-attain sign-up bonus. The Verizon Visa Card’s sign-up bonus is very easy to earn. You have to make only one purchase during the first 90 days to get it.
Ongoing automatic payment discount. If you’re a first-time enrollee in Verizon’s automatic payments plan, you can get $10 off per month, per line with this card. Verizon caps the discount at 12 lines, but that’s still up to $120 per month in potential savings.
Key Features of the Verizon Visa Card
The Verizon Visa Card has an easy-to-attain sign-up bonus, generous rewards program, and some other benefits worth noting in depth.
Sign-up Bonus
Get a $100 statement credit when you open a new Verizon Visa Card account and make a purchase on the card within the first 90 days of account opening.
Earning Rewards
The Verizon Visa Card has a four-tiered rewards program:
4% back on eligible gas and grocery purchases
3% back on eligible dining purchases, including takeout
2% back on eligible Verizon purchases
1% back on all other eligible purchases
All rewards categories are unlimited and there’s no cap on how much you can earn overall. Rewards accrue as Verizon Dollars, Verizon’s loyalty currency.
Redeeming Rewards
You can redeem Verizon Dollars for purchases on Verizon’s website and at physical Verizon stores. Alternatively, you can redeem for statement credits against your Verizon bill, gift cards from other merchants, and travel bookings.
Redemption minimums and values vary depending on what you redeem for, but points can be worth up to $0.01 apiece when redeemed for Verizon purchases and statement credits.
Monthly AutoPay Discount
When you enroll your Verizon account in automatic payments with your Verizon Visa Card, you may qualify for a $10 monthly discount on each enrolled line (up to 12 lines total). You must be a first-time automatic payment enrollee to qualify; if you’re already enrolled when you apply for the Verizon Visa Card, you don’t get the discount.
Interest-Free Financing on Eligible Accessory Purchases
This card comes with 0% APR financing for 12 months on eligible Verizon accessory purchases totaling $100 or more. You must make 12 equal monthly payments and pay off the purchase in full by the end of the period.
Important Fees
The Verizon Visa Card has no annual fee. Other fees may apply.
Credit Required
This card requires good or better credit. Verizon doesn’t reveal its exact minimum credit standards, but you may have difficulty qualifying if your FICO score is well under 700.
Pros & Cons
The Verizon Visa Card has great appeal for existing and prospective Verizon customers, but it has a few drawbacks as well.
Excellent, easy-to-attain sign-up bonus
Generous rewards program with broad categories
Potentially valuable discounts
No annual fee
For Verizon customers and account managers only
Not available with business or prepaid accounts
No 0% intro APR offer
Pros
The Verizon Visa Card is a generous rewards card that costs nothing to keep in your wallet.
Excellent sign-up bonus. The Verizon Visa Card’s sign-up bonus isn’t the most generous around, but it’s incredibly easy to earn. Just make one purchase during the first 90 days to qualify.
Unusually generous rewards program. You can earn up to 4% back on eligible Verizon Visa Card purchases with no caps or restrictions on your earning potential. That’s very generous for a no-annual-fee card.
Potentially valuable automatic payment discount. This card’s automatic payment discount benefit is worth up to $120 per month ($10 per line, per month, up to 12 lines). If you qualify, it can significant cut your cell plan costs.
Interest-free financing on eligible Verizon accessory purchases. Verizon accessory purchases of $100 or more qualify for 12-month, 0% APR financing with this card. That’s a nice perk if you like having flashy phone swag and the latest tech.
No annual fee. This card has no annual fee. It costs nothing to keep around, even if you don’t use it as your primary credit card.
Cons
The Verizon Visa Card isn’t for everyone and lacks some benefits common to other cash-back cards.
For Verizon account owners and managers only. You need to own or be responsible for a Verizon account to be eligible for this card. That’s a downside relative to retail credit cards with no real eligibility requirements. For example, anyone with decent credit can get a Target RedCard Credit Card, even if they’ve never set foot in a Target store.
Not available with Verizon business or prepaid accounts. This card is only for traditional Verizon consumer accounts. It’s not open to business or prepaid users.
No 0% intro APR offer. This card offers limited interest-free financing on eligible Verizon purchases, but it lacks a broader 0% intro APR promotion. Many cash-back credit cards do offer such promotions.
Requires good credit. You need good credit to qualify for the Verizon Visa Card. If you’re in the process of building or rebuilding your credit, wait to apply until your FICO score nears 700.
How the Verizon Visa Card Stacks Up
The Verizon Visa Card is one of the better retail credit cards on the market. To get a sense of its usefulness before you apply, see how it compares to another above-average retail card: the Target RedCard Credit Card.
Verizon Visa
Target RedCard
Cash-Back Rate
Up to 4%
5% on all eligible purchases
Bonus Categories
Gas and groceries (4%), dining (3%), Verizon (2%)
Target, dining and gas (2%)
Base Cash-Back
1% on all eligible purchases
1% on all eligible purchases
Sign-Up Bonus
Yes, more generous
Yes, less generous
Credit Required
Good or better
Good or better
The Verizon Visa Card has a slightly lower maximum cash-back rate than the Target RedCard Credit Card, but its bonus categories are broader and more generous. Its sign-up bonus is also better. It’s therefore a slightly better card overall, though the RedCard is clearly superior for shopping at Target and Target.com.
Final Word
The Verizon Visa Card is more than a retail credit card. If you’re a Verizon account owner or manager, it can easily serve as your everyday spending card thanks to a generous rewards program with three broad, common bonus categories. With no annual fee and the potential for a big monthly automatic payment discount, it could significantly reduce your monthly cell phone costs.
Unfortunately, the Verizon Visa Card isn’t for everyone. If you’re not a current Verizon customer, you need to change carriers before you can apply, which might not be worth it. Business and prepaid Verizon accounts aren’t eligible either.
The bottom line is that if you qualify for this card, it’s excellent. But qualifying might be the toughest part.
The Verdict
Our rating
Verizon Visa Card
The Verizon Visa Card is an excellent companion to your Verizon wireless phone plan. With a generous rewards program and the potential for big discounts to your monthly bill, it’s one of the best retail cards around. But it’s only available to Verizon customers and has a few other drawbacks that could impact your decision to apply.
Editorial Note:
The editorial content on this page is not provided by any bank, credit card issuer, airline, or hotel chain, and has not been reviewed, approved, or otherwise endorsed by any of these entities. Opinions expressed here are the author’s alone, not those of the bank, credit card issuer, airline, or hotel chain, and have not been reviewed, approved, or otherwise endorsed by any of these entities.
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Brian Martucci writes about credit cards, banking, insurance, travel, and more. When he’s not investigating time- and money-saving strategies for Money Crashers readers, you can find him exploring his favorite trails or sampling a new cuisine. Reach him on Twitter @Brian_Martucci.
Cell phones are practically a necessity of modern life – but cell phone plans can cost a pretty penny. Whether you’re trying to cut down on your monthly phone bill or are on the hook for paying for your own cell service for the first time, these less expensive cell phone plans are worth checking out.
The best cheap cell phone plans are affordable without skimping on features like calls, texts, and data.
What’s Ahead:
Overview of the best cheap cell phone plans
Boost Mobile
Price range – $10 to $50 per month.
Network details – T-Mobile.
Contract – No contract required.
Tired of paying an arm and a leg on your cell phone bill and want to save on wireless? With Boost Mobile, you could pay as little as $10 a month for a simple, contract-free plan. Boost Mobile’s cheapest plan includes unlimited talk and text and 1GB of data. You also have the option to add on additional “data packs” if you need more data in a given month.
If you’re looking for unlimited data, Boost Mobile’s $50 per month plan features unlimited talk, text, and mobile data, along with a 12GB mobile hotspot. You can add another line to the plan for only $30 per month. Boost Mobile even features an “Affordable Family Plan” with unlimited talk, text, and data for only $150 for five phone lines.
Boost doesn’t make you sign any long-term contracts, so you’re never locked into an extended agreement. The company uses the T-Mobile network and claims to offer coverage in 99% of areas nationwide.
Learn more about Boost Mobile or read our full review.
Mint Mobile
Price range – $15 to $35 per month.
Network details – T-Mobile.
Contract – 3-, 6-, or 12-month contract.
If you’re looking for an affordable plan with unlimited data, Mint Mobile is an attractive option. The company offers unlimited talk, text, and data for just $30 per month. Data switches seamlessly between 5G and 4G LTE, using whichever is strongest in your area.
Mint also offers a basic cell phone plan with unlimited talk and text and 4GB of data for just $15 per month. All Mint plans include a mobile hotspot at no extra charge, and you can always add more data to your plan if you run out before the month is up.
Mint Mobile uses the T-Mobile network, and you can buy a new phone or bring your own (as long as it’s compatible with the network and isn’t locked).
Unlike some other cheap cell phone plan providers, Mint does require customers to sign a contract for 3-month, 6-month, or 12-month plans. The 3-month plan is a great way to give the service a whirl, and then you can always sign up for a 12-month plan in order to lock in Mint Mobile’s low introductory prices.
Learn more about Mint Mobile or read our full review.
Xfinity Mobile
Price range – $15 to $60 per month.
Network details – Verizon.
Contract – No contract required.
Some people use a consistent amount of data each month, but others may have different data needs depending on their work, personal life, and travel plans. Xfinity Mobile makes it easy to transition seamlessly between plans with unlimited data and pay-as-you-go plans with a limited amount of data each month.
Their basic plan starts at $15 per month for one line and comes with 1GB of data. Their unlimited data plan starts at $45 per month. Best of all, you can switch between unlimited and by-the-gig plans whenever you need to.
You can also purchase an unlimited plan for some lines in your group, while paying by the gig for others. This is a great option if you need unlimited data but have other family members, like young children or elderly relatives, who only need talk and text capabilities.
Xfinity Mobile uses Verizon’s network, which means that it has good coverage nationwide. You can bring your own phone to a plan, or purchase a new one. Xfinity Mobile also works with tablets and smartwatches, so you can stay connected on all of your devices.
Xfinity Mobile is only available to existing Xfinity Internet customers, so if you don’t already have Xfinity as an internet provider, it may not be the best fit.
Learn more about Xfinity Mobile or read our full review.
Ting
Price range – $10 to $45.
Network details – T-Mobile and Verizon.
Contract – No contract required.
Ting shares many great features with some of the other providers on this list: extremely low prices, flexible monthly plans, and no contract required. For example, you can purchase a plan for as low as $10 per month for unlimited talk and text, plus an additional $5 per month per 1GB of data.
But where Ting really shines is its customer service. You can contact customer support over the phone, chat online, or submit a ticket if you’re having difficulties. Ting’s customer service representatives are always there to help.
If you’re looking for unlimited data, Ting has that too, with unlimited plans starting at $45. All plans come with the option to use a portion of data as a hotspot. Ting uses the T-Mobile and Verizon networks, so odds are it provides good coverage no matter where you live.
Also need internet? Ting provides fast, affordable fiber internet in some select cities, including Charlottesville, VA, Wake Forest, NC, and Westminster, MD.
Learn more about Ting.
Cricket Wireless
Price range – $30 to $50 per month.
Network details – AT&T.
Contract – No contract required.
Many cheap cell phone companies are entirely digital affairs. While it’s possible to purchase a plan, order a new phone, and manage your account entirely online, some customers may prefer in-person assistance. If that’s the case, Cricket is a great option, with brick-and-mortar locations in communities all around the country.
Cricket plans range from $30 to $60 per month for one phone line. While these prices are a little higher than many competitors, you can lower the price per line by adding additional lines.
The $30 per month plan comes with unlimited talk, text, and 2GB of data, while the $60 per month plan comes with unlimited talk, text, and data. There are also plenty of options in between if you only use a moderate amount of data.
Cricket Wireless is owned by AT&T and uses the AT&T network for its customers. Cricket claims that they provide coverage for 99% of Americans. There’s no credit check, no hidden fees, and no annual contract, so you can change your plan at any time.
Learn more about Cricket Wireless.
Tello
Price range – $5 to $39.
Network details – T-Mobile.
Contract – No contract required.
Need a basic cell phone plan and have an extremely limited budget? You can get a basic phone plan with Tello for just $5 per month. No, that’s not a typo. Tello’s most basic plan comes with unlimited text, 100 minutes for phone calls, and no data.
But Tello doesn’t only have the least expensive bare-bones plan. At $39 per month, a plan with unlimited talk, text, and data is also extremely affordable. Plus, Tello allows customers to mix and match plan options.
You can choose exactly how much data and how many minutes of phone service you need, so you never have to overpay for services you won’t use. For example, if you use a medium amount of data but only talk on the phone a couple of times a month, you could choose a plan with 100 minutes of phone service and 8GB of data for $26 per month.
If you don’t want to bother with creating a custom plan, you can also choose from one of Tello’s premade plans ranging from $10 to $39 per month. If you need to make an international call or text, Tello’s pay-as-you-go model means that it’s surprisingly affordable.
Learn more about Tello.
Visible
Price range – $40 per month.
Network details – Verizon.
Contract – No contract required.
Visible offers an affordable cell phone plan with attractive referral bonuses for customers who convince friends and family members to sign up. The basic plan starts at $40, which is a bit higher than some competitors. But each time you refer a friend, you get a month of service for only $5.
You can also add friends and family members to your plan in order to lower your bill through the Visible’s Party Pay option. With Party Pay, costs drop to $25 per line for parties of four or more.
All plans come with unlimited text, talk, and data. Visible uses Verizon’s network, so coverage is good in most areas in the United States. You can also call and text loved ones in Canada, Mexico, the U.S. Virgin Islands, and Puerto Rico at no extra cost.
While Visible doesn’t have the extreme budget plan offerings of some competitors, it’s a good fit for customers who know they want unlimited data, text, and calling but don’t want to pay the high cost of a plan from a big three provider.
Learn more about Visible.
Twigby
Price range – $9 to $43 per month.
Network details – Verizon and T-Mobile.
Contract – No contract.
Looking for a dead-simple phone plan with built-in flexibility and excellent coverage? Consider Twigby, which offers affordable plans starting at just $9 per month before discounts.
Not only does Twigby offer reasonably priced plans, but they also feature some hefty discounts for new customers. Customers can earn a whopping 50% off the sticker price for the first six months. This means that a bare-bones plan with no data and 300 minutes costs a mere $4.50 per month for the first half of the year. A more generous plan with 10GB of data and unlimited minutes costs only $21.50 a month for the first six months.
Twigby plans also come with international calling and texting, WiFi calling and texting, and the ability to use a hotspot at no extra charge. You can buy phones directly from Twigby, or bring your own phone if it’s compatible.
Unlike many competitors, Twigby doesn’t offer any plans that come with unlimited data. The highest amount of data you can purchase as part of a plan is 10GB. For people who need to use their phones a lot without connecting to WiFi, this means that Twigby might not be the best option.
That said, Twigby offers impressively affordable plans with great customer service and plenty of extra perks. Plus, unlike big-name cell service providers, Twigby is refreshingly honest and upfront about pricing and plans.
Learn more about Twigby.
Summary of the best cheap cell phone plans
Provider
Cost for one line
Network details
Contract
Best for
Boost Mobile
$10 to $50
T-Mobile
No
Overall
Mint Mobile
$15 to $35
T-Mobile
3, 6, or 12 months
Unlimited data
Xfinity Mobile
$15 to $60
Verizon
No
Flexible data needs
Ting
$10 to $45
T-Mobile and Verizon
No
Great customer service
Cricket Wireless
$30 to $50
AT&T
No
In-person help
Tello
$5 to $39
T-Mobile
No
Budget prices
Visible
$40
Verizon
No
Referral bonuses
Twigby
$9 to $43
Verizon and T-Mobile
No
Discounts
How we came up with our list of cheap cell phone plans
We looked for cell phone plans that were affordable, flexible, and came with a variety of different options.
All of the providers on this list provide affordable, low-cost plans ranging from $5 to $60 for a single line. On the low end, you can get a budget phone plan with texting and minutes for just $5 a month from Tello. On the other hand, you can get a more moderately priced plan with unlimited data, talk, and text from almost any of these providers.
We also looked for flexibility when it came to contracts, data usage, and billing. Most of these providers let you pay month to month rather than locking you into a year-long contract. Many also allow you to seamlessly switch between plans depending on your needs that month.
Finally, we looked for plans with options. Not everybody has the same cell phone needs, and you shouldn’t have to pay for services that you never even use. These providers offer a variety of different options, whether you only use your phone to call and text, or if you primarily use it for data and as a hotspot.
What are cheap cell phone plans?
Cell phones are ubiquitous in this day and age, but they don’t come cheap. On top of the cost of the phone itself, customers also have to pay for cell phone service and the ability to call, text, and use data.
Cheap cell phone plans aim to undercut behemoth competitors like Verizon and T-Mobile by offering the same service at a lower cost. Many also offer the ability to customize and fine-tune plans according to your particular needs.
Whether you need to start paying your own phone bill for the first time or you’re contemplating switching from a pricier plan, these cheap phone plans could end up saving you a good chunk of change each month.
Who should use a cheap cell phone plan?
People who want to save money
The main draw of cheap cell phone plans is that they save you money without sacrificing quality. These plans are able to provide the same overall level of service for a fraction of the cost.
People who want a simple plan
Don’t need all the bells and whistles of a fancy cell phone plan? Many of these providers offer bare-bones cell phone plans at bottom-of-the-barrel prices.
Who shouldn’t use a cheap cell phone plan?
Those locked into a contract
If you’re already locked into a contract with another provider, it could be costly to switch. If you’ve bought a phone from another provider, you may not be able to use that phone with a different carrier.
Those who are happy with a traditional cell phone plan
If you’re happy with your current coverage, there’s no need to switch. That said, you’ll likely be able to find a better deal with a cheap cell phone plan.
Most important features of cheap cell phone plans
While cheap cell phone plans share many similarities, they’re not all created equal. Which one is the right fit for you depends on what features matter most to you.
Cell phone coverage
Cell phone coverage is one of the most important features when it comes to any cell phone. Good coverage allows you to easily make calls and texts without any delay or lag time.
Unlimited data options
Once an optional extra in many cell phone plans, unlimited data is now one of the most sought-after features. Just keep in mind that providers will typically drop your data speed after a certain threshold, meaning that power users may face low speeds toward the end of the month.
Flexibility
Gone are the days where customers are locked into two-year contracts with big-name providers. Cheap cell phone plans usually don’t require a commitment longer than a month, and you’re free to upgrade, downgrade, or cancel your plan at any time.
Price
You don’t need to pay an arm and a leg just for decent cell coverage and high-speed data. Cheap cell phone plans can often provide the same basic services as a big provider with a much lower price tag.
It’s almost time for Dodger baseball. You’re rolling west along Sunset Boulevard, visions of Mookie Betts and Clayton Kershaw and Julio Urías happily dancing through your mind.
You’re one block from turning onto Vin Scully Avenue and into Dodger Stadium when you notice a black billboard, looming ominously above an auto repair shop called Fernando’s Tires. The billboard features this name, in bright white letters: Frank McCourt.
That guy?
Yes, that guy, the one who traded two Boston parking lots and what one of his attorneys said was “not a penny” of his own cash for ownership of the Dodgers. Yes, the one who dragged the storied team into bankruptcy amid Major League Baseball allegations he had “looted” $189 million from team revenues for personal use. And, yes, the one who laughed all the way to the bank, selling the Dodgers for a billion-dollar profit in 2012.
He did not, however, sell the parking lots that surround the stadium. In 2018, he pitched a gondola that would transport fans from Union Station to Dodger Stadium.
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Five years later, the proposal is still alive, now shepherded by an environmental organization delighted at the prospect of the gondola taking cars off the streets and keeping pollutants out of the air. That Sunset Boulevard billboard and others like it are brought to you by opponents of the gondola, taking aim at the project in part by relentlessly associating it with McCourt.
The Dodgers are guaranteed to play 81 games at Dodger Stadium every year, with playoff games traditionally added in October and concert dates sprinkled throughout the year. That leaves skeptics within the community to wonder why McCourt would promote a gondola ride to a stadium parking lot that would be empty three out of every four days during the year.
Unless, of course, the lot would not be empty.
McCourt’s company, now known as McCourt Global, highlights this slogan: “Building for tomorrow.” McCourt did not sell the Dodger Stadium parking lots because he anticipated building something there, some day.
What might that be? And is the gondola intended to carry us to that day?
The pursuit of those answers took me to Dodger Stadium, to City Hall and to a meeting of MLB owners. First, however, I stopped at a weathered red brick building in the Arts District, an old furniture and fabric warehouse reimagined as a laboratory for energy innovation.
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Three colorful banners greeted visitors, one with the hue of a bright blue sky. “Welcome,” that banner read, “to the Cleantech Future of Power and Water.”
The interior comes alive with vibrancy and urgency, and with work on dozens of concepts. Any one of them, building managers say, could emerge as “the next big idea to fight climate change.”
The Dodger Stadium gondola represents such an idea, according to its proponents. Climate Resolve, a nonprofit based in that building, agreed to take the reins from McCourt in leading the project.
“From my perspective,” said Climate Resolve founder and executive director Jonathan Parfrey, “to have a gondola transporting people from Union Station to Dodger Stadium, and to have that exciting, beautiful conveyance identified as a climate action?
“It changes the way people approach public transit. So it was very attractive to us.”
With baseball’s new hurry-up rules, you could miss half the game if you get stuck in Dodger Stadium’s oft-snarled traffic and get to your seat an hour after the first pitch.
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The gondola alternative: get to Union Station, hop aboard a spacious cabin that could arrive every 23 seconds, soar high above the city, and arrive at Dodger Stadium in seven minutes.
The climate benefit is easy to envision: fewer fans in cars powered by gasoline; more fans in gondolas powered by electricity.
A promotional video for the proposed Dodger Stadium gondola project released by Los Angeles Aerial Rapid Transit.
The climate downside is easy to envision too: massive development at Dodger Stadium, with neighborhood disruption for years of construction, and with cars converging upon the stadium every day, not just on game days.
“I’m involved in this project,” Parfrey said, “and I brought my organization into this project, predicated on there not being development on that land.”
Not now, or not ever?
“Not for the foreseeable future,” he said.
Parfrey said he had been given “assurances” that the gondola was not a first step toward Dodger Stadium development. I asked who had given him those assurances, or who I could ask to get those same assurances.
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“Ask Frank,” he said.
Near Lot G at Dodger Stadium, along the long slog from the outer reaches of the parking lots to a stadium entrance behind left field, a colorful model of a gondola cabin awaits you. You can step inside the 24-seat cabin, then imagine a ride that would allow you to skip traffic to the ballpark and instead, as the signage reads: “GET THERE BY AIR.”
You can even find a helpful decal, showing you where to stand to take a picture with the gondola cabin in the foreground and the stadium in the background.
The display of a model cabin takes a page from the playbook for pitching a new stadium or arena. Models and renderings can excite fans, but they also can obscure a critical question about any big project: Looks cool, but who is going to pay for this?
The cost of building the gondola was estimated at $300 million in 2020 and is expected to rise by the time a financing plan is finalized, said David Grannis of Point C Partners, a transportation and land use consultancy working with Climate Resolve.
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The McCourt entity that originated the gondola concept, LA Aerial Rapid Transit, has agreed to fund the approval process, including environmental studies and permit applications, project spokesman Nathan Click said. It is up to Climate Resolve to figure out how to pay for construction, as well as for annual operating costs Grannis estimated at between $5 million and $10 million.
The gondola won’t make money, at least not under the current plan of free rides for fans with a Dodgers ticket and neighborhood residents with a Metro pass.
Parfrey said taxpayers would not be asked to subsidize the gondola.
The hundreds of millions would come from private financing, Grannis said, and largely from sponsorships and the purchase of naming rights.
In 2012, the airline Emirates agreed to pay about $60 million for a 10-year sponsorship of a London gondola — then called the Emirates Air Line — that carried riders above the River Thames and cost $96 million. The current one-way adult fare on the London gondola is $7.50.
“In this case,” Grannis said, “you have a venue that happens to be the best attended in Major League Baseball, and therefore the iconic nature of this cabin flying to Dodger Stadium and taking you there is going to attract a lot of sponsors, a lot of people who want naming rights or sponsorship.
“That’s the big revenue.”
Jeff Marks, the founder and chief executive of Innovative Partnerships Group, brokers naming rights and sponsorship deals between companies and teams, leagues and venues. He said it “could be doable” to cover the cost of building and operating the gondola through corporate sponsorships, but he said even the most generous sponsor might not be willing to strike a nine-figure deal without exposure beyond simply slapping the company’s name on the side of the gondola.
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Marks, speaking generally because he is not involved in the project, said a title sponsor might also want a benefit such as the company name on the field. A hypothetical example: Verizon Field at Dodger Stadium. The Dodgers have hired firms to solicit corporate offers for naming rights to the field and patches on the team jerseys.
Or, Marks said, a primary sponsor might prefer naming rights to whatever development might rise atop the parking lots: Take the Verizon Gondola to the Verizon Village at Dodger Stadium!
Rick Caruso, the developer behind the Grove and Americana shopping and entertainment centers, pursued the Dodgers when McCourt put them up for sale. Caruso commissioned studies on how to improve the notorious congestion for cars getting into and out of the Dodger Stadium parking lots.
Without control of the lots, however, Caruso believed he might not have been able to implement any changes. McCourt insisted he would not sell the lots, and Caruso withdrew from the bidding.
Guggenheim Baseball Management, the winning bidder, took a different approach. Guggenheim, led by Mark Walter and Stan Kasten, bought the Dodgers and their stadium from McCourt. In a separate transaction, a Guggenheim entity formed a joint venture with a McCourt entity to control the parking lots.
In land use documents filed by the joint venture in 2012 and intended to “facilitate the orderly development” of the Dodger Stadium parking lots, the potential property uses cited include homes, offices, restaurants, shops, entertainment venues, medical and academic buildings, a separate sports facility and a hotel and exhibit hall.
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“It is an ill-conceived concept that the highest and best use of Chavez Ravine is 260 acres for parking,” an attorney for McCourt, Tony Natsis, said at the time. “I consider that to be an ill-conceived notion for the owner of the parking lots and the owner of the stadium.”
Walter, the Dodgers’ chairman and controlling owner, said McCourt cannot develop anything on the property without Guggenheim’s consent. What might Walter be thinking in terms of development now?
“I haven’t been thinking about it at all,” Walter said.
Kasten, the Dodgers’ president and chief executive, said the Dodgers support the gondola project but are “really not involved” in it. Walter had a simple explanation for why the Dodgers would back a project that would chew up a chunk of the parking lots in the stadium.
“Hopefully, it will make it easier for people to get there,” he said.
Of the 18,889 parking spaces at the stadium, the gondola station at Dodger Stadium would result in the loss of 194 spaces, according to the environmental impact report for the project.
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To the Dodgers, that would not be a big deal. But this might be: The report projects 10,000 people would ride the gondola to each game by 2042, which could translate to a loss of about 20% of parking revenue.
Kasten called those figures “hypotheticals that I don’t have an answer for,” and project opponents dismissed the ridership projections as unrealistically high, citing a UCLA study.
But a person familiar with the Dodgers’ business model, speaking on condition of anonymity so as not to jeopardize his professional relationships, said the team likely would not agree to give up millions in annual parking fees without some way to recoup that money.
“It does not make sense for the Dodgers to do it if they’re going to lose parking revenue,” the person said. “It does make sense if the gondola is serving a larger development.”
The California Endowment, a nonprofit with offices that would sit beneath the shadow of a 195-foot gondola tower, is leading and largely funding a coalition opposing the project. In court papers, the Endowment cited the Dodger Stadium development proposal McCourt unveiled when he owned the team and alleged the gondola would be “a loss leader for the future development of parking lots at Dodger Stadium.”
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What would Kasten say to Angelenos who would like to know whether the gondola comes first and development comes next?
“That’s a question you’ll have to address to someone else,” Kasten said.
To the people proposing the gondola?
“Yes,” Kasten said. “That’s where I would direct my questions.”
I had. And what had I been told? Ask Frank.
On April 9, 2021, for the first time in 32 years, the Dodgers raised a World Series championship banner. The Dodgers bestowed the honor of hoisting the treasured flag upon five people, including three of their own: Dodgers co-owners Magic Johnson and Billie Jean King, each decorated champions in their own right, and Hall of Fame broadcaster Jaime Jarrín.
The other two: Eric Garcetti, then the mayor of Los Angeles, and Gil Cedillo, then the city councilman representing the district that includes Dodger Stadium.
The Dodgers forged a strong working relationship with Cedillo. The team and nine of its senior executives combined to make $13,800 in campaign contributions to him from 2013 to ‘22, according to city records.
Cedillo lost his bid for re-election last year, defeated by community activist Eunisses Hernandez. Kasten and Hernandez each expressed a desire to work together for the benefit of the fans and the community.
Garcetti, who has backed the gondola from the time McCourt first pitched it five years ago, said the Dodgers never have hinted to him that mass development would be in the works at Dodger Stadium.
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“I think there is a vision of trying to make it less of a once- or twice-a-year kind of a place for a family, when you go to a game,” Garcetti said before he left office last December, “and more of an asset: the best view in L.A., a place for more special events, a place where baseball history can be celebrated.
“I think their core business is baseball, and they want to protect that.”
The environmental impact report does not contemplate development at Dodger Stadium. The report states “no housing units are proposed” as part of the project and “additional approvals requiring further environmental review would be necessary” for any development at the stadium or elsewhere along the gondola route.
For Hernandez, that language is not enough. The councilwoman said she has “a lot of concerns” about the gondola.
“I am not convinced that this is an effective solution to reducing vehicle congestion,” she said, “and I share the neighborhood’s concerns about displacement and disruption.”
Hernandez said she is not necessarily opposed to development at Dodger Stadium, provided affordable housing is a priority. She is opposed to considering the gondola on its own, without any consideration of whether development might follow and what it might involve.
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“I don’t think it’s appropriate to undertake such large-scale projects without a full and clear understanding of long-term plans,” Hernandez said. “This shouldn’t be piecemealed out, and I want to see additional development plans made clear.
“That is the honest approach, and that’s what will allow the community, the city, and all involved entities to make a clear-eyed decision.”
Steve Soboroff, who was the mayoral point man on the construction of Staples Center and later president of the Playa Vista development near LAX, worked briefly with McCourt in the final year of his Dodgers ownership.
Soboroff is not involved in the gondola project. He said the most effective way to build community support for the project would be to offer transparency about the long-term plan, even if the gondola would come first and any development would come later.
“That would be the path that I would choose,” Soboroff said.
It was time for me to do what Parfrey had suggested: Ask Frank.
The Dodgers have prospered without McCourt, and McCourt has prospered without the Dodgers.
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He bought the storied French soccer club Olympique de Marseille. He donated $200 million to what is now called the McCourt School of Public Policy at Georgetown University. He launched Project Liberty, an initiative to reform the Internet in the interest of serving “people, not platforms.”
As McCourt told Leaders Magazine: “Our technology today is great if you want to support autocracy, but it is not so great if you want to support individual rights and the freedoms and liberties assorted with democracy.”
McCourt still owns the Los Angeles Marathon, which starts at Dodger Stadium. During the past two months, as Urbanize LA reported, McCourt entities revealed plans to construct 502 apartments in three buildings on two sites along Stadium Way and another one block south, overlooking the 110 Freeway. The apartment buildings are planned regardless of whether the gondola is approved, said Brin Frazier, a spokeswoman for McCourt.
The applicant for the apartment projects is listed in city records as Jordan Lang, president of two McCourt entities: McCourt Partners Real Estate and Aerial Rapid Transit Technologies.
Lang’s company biography makes no mention of any experience in other transportation projects but touts his leadership in completing “millions of square feet of office, hotel, residential and mixed-use projects.”
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The prospect of developing such a large site on the outskirts of downtown is so rare that the city’s movers and shakers have floated concepts for decades. Caruso and I talked about some of them 18 years ago, long before McCourt put the team up for sale or Caruso ran unsuccessfully for mayor.
Peter O’Malley, the revered former Dodgers owner, proposed building an NFL stadium in the Dodger Stadium parking lot in 1995. McCourt revived the idea in 2005.
The other four MLB teams in California all have pursued mixed-use developments surrounding their ballparks. The Angels’ most recent proposal — since killed by the city of Anaheim amid a corruption scandal — would have included more than 5,000 homes on a site roughly half the size of the Dodger Stadium property.
“We need more housing,” Garcetti said. “We need it to be centrally located. We need it to be affordable. I think, if you meet those criteria, you can start a conversation with the city.”
Or, perhaps, development at Dodger Stadium could mean a selection of food halls, restaurants and bars, enticing enough to lure fans to arrive long before the game and stick around after it ends. That in itself could ease the neighborhood traffic bottlenecks on game days, gondola or no gondola.
Parfrey, who said his nonprofit agreed to take the lead on the gondola project based on what he said was a promise of no development on the land, said his organization would not support a ballpark neighborhood arising on the property but would support a plan to put a restaurant here and there within the parking lot.
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“We would go early and go to the restaurants,” Parfrey said.
Parfrey, remember, was the guy who told me to “ask Frank” about the “assurances” that the arrival of the gondola would not trigger development. I mentioned that to Frazier, McCourt’s spokeswoman, and asked if I could speak to him about that.
“Frank,” she said, “is not available.”
Watch L.A. Times Today at 7 p.m. on Spectrum News 1 on Channel 1 or live stream on the Spectrum News App. Palos Verdes Peninsula and Orange County viewers can watch on Cox Systems on channel 99.
The Dow Jones Industrial average is heading for an imminent change with the expected bankruptcy filing of auto giant General Motors. With the falling out of the once legendary blue chip stock, many of my clients have inquired to how companies get listed on the Dow Jones Industrial Average and when are they replaced. I thought I would give a brief background on the origin of the Dow Jones, with the current holdings as well as what it takes to be listed.
What is the Dow Jones?
It never fails that everyday I get the question, “How did the market do?” or “How’s the market doing?”. The market that everybody is always referring to is the Dow Jones Industrial Average. The Dow (for short) was founded May 26, 1896 initially only having 12 companies from important American industries (hence: “Industrial” average). The Dow currently reflects the top 30 U.S. Companies across it’s various industries. To compute the Dow that you hear about each day, a lengthy geometric formula is used that takes the price-weighted stock price of each company and divides by the “DJIA divisor”. The divisor is a number that is constantly adjust to reflect stock splits, mergers, and dividend payments.
The most common criticism of the Dow is that it only represents 30 companies yet it’s recognized as “The” market indicator. Even though the S&P 500 represents the top 500 US companies and is a better reflection of our economy, when people ask me about the “market”, I assure you it’s not the s&P 500.
Current Holdings Dow Jones
Here’s a look at the current holdings in the Dow Jones:
Company
Symbol
Industry
Date Added
3M
MMM
Diversified industrials
8/9/1976
Alcoa
AA
Aluminum
6/1/1959
American Express
AXP
Consumer finance
8/30/1982
AT&T
T
Telecommunication
11/1/1999
Bank of America
BAC
Institutional and retail banking
2/19/2008
Boeing
BA
Aerospace & defense
3/12/1987
Caterpillar
CAT
Construction and mining equipment
5/6/1991
Chevron Corporation
CVX
Oil and gas
2/19/2008
Citigroup
C
Banking
3/17/1997
Coca-Cola
KO
Beverages
3/12/1987
DuPont
DD
Commodity chemicals
11/20/1935
ExxonMobil
XOM
Integrated oil & gas
10/1/1928
General Electric
GE
Conglomerate
11/7/1907
General Motors
GM
Automobiles
8/31/1925
Hewlett-Packard
HPQ
Diversified computer systems
3/17/1997
The Home Depot
HD
Home improvement retailers
11/1/1999
Intel
INTC
Semiconductors
11/1/1999
IBM
IBM
Computer services
6/29/1979
Johnson & Johnson
JNJ
Pharmaceuticals
3/17/1997
JPMorgan Chase
JPM
Banking
5/6/1991
Kraft Foods
KFT
Food processing
9/22/2008
McDonald’s
MCD
Restaurants & bars
10/30/1985
Merck
MRK
Pharmaceuticals
6/29/1979
Microsoft
MSFT
Software
11/1/1999
Pfizer
PFE
Pharmaceuticals
4/8/2004
Procter & Gamble
PG
Non-durable household products
5/26/1932
United Technologies Corporation
UTX
Aerospace, heating/cooling, elevators
3/14/1939
Verizon Communications
VZ
Telecommunication
4/8/2004
Wal-Mart
WMT
Broadline retailers
3/17/1997
When Does a Stock Get Dropped from the Dow?
A stock is dropped from the Dow Jones when it seems warranted. As mentioned before, General Motors is presumed to be soon removed from the Dow especially if it files for bankruptcy. A likely candidate to join GM is (former) banking giant Citigroup. . Here are some of the more notable changes in recent history:
September 22, 2008: Kraft Foods replaced AIG (American International Group)
February 19, 2008: (My wife’s b’day 🙂 Chevron and Bank of America replaced Altria Group and Honeywell
April 8, 2004: Pfizer, Verizon, and AIG replaced International Paper, AT&T, and Eastman Kodak
Who Will Replace GM?
GM out of the Dow?
There aren’t any preset rules on how a company gets replaced on the Dow. Looking at past replacements, typically the Dow does not replace an exiting company with another in it’s same industry. Currently, there are several speculations on which company is going to replace them. A few possibilities include: Cisco, Visa, Amazon, Wells Fargo, and mother Google. Time will tell.
Update: Cisco and Traveler’s Co. will be replacing GM and Citi at the end of trading June 8, 2009.