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.
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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.