People standing in line at a tech store with a Verizon logo overlay.
CONSUMER AFFAIRS

Proven: Verizon Manages to Sweep Away with This Innovation and Leaves AT&T KO'd

Verizon allows customers to save up to 180 dollars a year in a very simple way by meeting certain conditions

In a strategic move that has captured the attention of thousands of Americans, Verizon has launched an innovative promotion. It does so in collaboration with Banco Santander.

This offer, called Verizon + Openbank Savings, is revolutionizing the way users can save. At the same time, reduce their monthly costs with Verizon.

The promotion offers Verizon customers the opportunity to obtain a high-yield digital savings account. It not only promises an interest rate 10 times higher than the national average. It also provides the possibility of saving up to 180 dollars a year on the Verizon bill.

Exterior of a Banco Santander ATM with a man sitting with a cap and cell phone in his hand
The agreement with Santander will bring many benefits to Verizon users | Europa Press

This proposal has caused great interest due to the multiple benefits it provides, both financially and in terms of direct savings.

An Offer That Combines Savings and Exclusive Benefits

Verizon and Santander Bank NA announced this collaboration to offer users a high-yield savings account through Openbank. It is specially designed for those Verizon Mobile and Verizon 5G Home customers, with the aim of providing them with an additional financial service. It will also strengthen Verizon's offer beyond mobile and home connectivity.

Hans Vestberg, president and CEO of Verizon, explained that the company "has long been committed to its customers." Especially for its interest in "offering them value and savings beyond wireless services."

He added that this collaboration with Openbank reinforces Verizon's proposal. It creates exclusive financial solutions that not only benefit users in the telecommunications area but also in their daily lives.

People interacting in a tech store with phones and accessories on display.
The savings on the bill will reach up to 180 dollars per year | Grok

Significant Savings on the Verizon Bill

Users who opt for this savings account will be able to enjoy discounts on their Verizon bill. This represents a unique opportunity to reduce the costs of their services. To access this benefit, customers must keep an average daily balance of at least 1,000 dollars in their savings account.

It should be noted that the higher the savings balance, the greater the discount on the bill. The limit is set at 180 dollars annually.

It is important to highlight that the registration process is simple and quick. From the month of April, Verizon customers will be able to register for the Openbank Savings account. Either through the Verizon website or directly in the MyVerizon app.

The process is completely digital, and users will be redirected to the Openbank website to complete the account opening. Once registered, they will be able to manage their money comfortably from the Openbank app, make deposits, withdrawals, and check the monthly interest rate.

➡️ Consumer Affairs

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