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Verizon Price Hike Takes Effect: $3/Line More for myPlan Customers With 5+ Lines

· Written by Greg Hampton

Verizon announced in January what many customers feared: starting February 20, 2026, myPlan subscribers with 5 or more lines are paying $3 more per line per month. That's at least $15/month added to a 5-line family account — $180/year for doing nothing except staying with Verizon.

Who's affected: Customers on Verizon's myPlan structure with 5 or more lines, as well as some subscribers on the older "New Verizon Plan" accounts. The change does not apply to single-line or 2–4 line accounts on current plans.

Why Verizon is doing this: The carrier has been slowly compressing multi-line discounts over the past two years. The official reason is "network investment," but industry analysts note that Verizon has been losing ground to T-Mobile on subscriber growth and is working to boost per-subscriber revenue as a result.

Your options:

The pattern is clear: every major carrier has raised prices in the past 12 months. MVNOs haven't. The savings are real and the switching process takes about 20 minutes.

See which Verizon-network plans cost less than what you're paying now.

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