Foldable phones used to mean foldable prices. That’s changing fast — and right now, both Verizon and T-Mobile are running deals that get you Motorola’s newest foldables, including the brand-new book-style Razr Fold, with no trade-in required. Here’s exactly how each offer works and what the fine print actually says.
T-Mobile: free Razr Fold and Razr 2026 (starting May 28)
The Razr Fold deal: get the Motorola Razr Fold at no device cost, or up to $1,700 off any eligible Motorola device, when you switch or add a line with no trade-in required. The Razr 2026 deal: no device cost, or up to $800 off, when switching or adding a line — or trading in on Experience More, Experience Beyond, Go5G Plus, or Go5G Next.
- The phone comes as bill credits spread across a device finance agreement — roughly a two-year commitment.
- The Razr Fold offer requires a qualifying plan of $100+/mo with AutoPay; the Razr 2026 offer requires $85+/mo.
- $35 device connection charge due at sale.
- Bill credits stop if you pay the device off early or cancel service — the remaining balance becomes due.
Verizon: Razr 2026 or Moto g 2026 at $0/mo
- $0/mo for 36 months at 0% APR — 36 monthly bill credits rather than cash off at checkout.
- The line must stay on a qualifying Unlimited plan for credits to continue.
- One-time $40 activation fee per device; no trade-in required.
- Razr 2026 retails at $799.99, Moto g 2026 at $279.99 — the credits cover the device over three years.
Don’t forget the part you pay every month
A free phone is only half the bill. T-Mobile’s Razr Fold deal needs a $100+/mo plan and Verizon’s needs a qualifying Unlimited plan, both locked in for the length of the device credits — over two to three years, the plan costs far more than the phone ever did. If a premium postpaid plan is what you want anyway, these are genuinely good ways to get a foldable. If “free phone” is the draw, an MVNO on the same network gets you the same coverage for a fraction of the bill, with no device-credit leash.
Bottom line
If a foldable has been on your wishlist, the math rarely beats free. T-Mobile is the carrier to watch for the book-style Razr Fold; Verizon is the simpler route for a clamshell Razr or budget Moto g. Just make sure the plan underneath is one you actually want to pay for over the next few years.
Jean Gilles has researched personal finance, consumer technology, and wireless pricing for over a decade. He founded ShopCellPlans in 2019 and writes every review on the site.
One email when a carrier raises rates, drops a plan, or launches a deal worth switching for. No spam, unsubscribe anytime.