T-Mobile vs. Verizon New Unlimited Data Plans Comparison

phones7Competition is good. Without the popularity of the T-Mobile unlimited data plan, we wouldn’t have the reluctant, new Verizon Unlimited data plan. In turn, Verizon’s new plan features made T-Mobile improve their deal to include HD video streaming video and 10 GB of LTE tethered hotspot data. In addition, starting 2/17, T-Mobile is running a special promotion of 2 lines with Unlimited data for $100 with taxes and fees included. If you assume $5 on monthly taxes and fees, that works out to $45 + $5 taxes per line. This is nice if you’re a 2-line household like me and are unable to take advantage of the 4-line deals. T-Mobile is effectively $35 + $5 taxes per line if you have 4 lines. Until 2/22, you can also stack another $150 for each line ported to T-Mobile (bring your own phone).

Here is a comparison graphic of the T-Mobile and Verizon Unlimited plans as of 2/17/17. Although created by T-Mobile, I found it fair enough. Adding in an estimated $5 per line in taxes and fees is even low in some geographic areas.

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The final comparison point remains network quality (coverage, reliability, and speed). Although T-Mobile touts their network availability is within 2% of Verizon according to OpenSignal, this still remains a local issue. If T-Mobile doesn’t have coverage in your living room or in the middle if your commute, you don’t care about the rest of the network.

Premium features with a smaller price gap. Usually the “frugal” plans I talk about are MVNOs, but these plans have features that most MVNOs don’t have like:

  • Free voice roaming. For example, the unlimited T-Mobile plan will let you roam on AT&T GSM networks in rural areas where they don’t have voice coverage. Verizon also offers voice roaming onto other networks in areas where they don’t have coverage.
  • 4G LTE hotspot tethering. Most MVNOs either ban tethering or charge extra, including Cricket and Straight Talk.
  • Unlimited high-speed data without throttling. T-Mobile will “network de-prioritize” your data after you use 28 GB in a single cycle, while Verizon will do the same at 22 GB. Basically, if the network is really busy at a specific point in time and you have exceeded those limits, your data speeds may go down. This is different than the “throttling” that other MVNOs do, for example an always-on speed limit of 128 kbps.

For travelers, T-Mobile also includes unlimited international text and 2G data in over 140 countries. While some MVNOs have poor customer service and support via e-mail only (no phone number), the major 4 carriers will at least have humans via 1-800 number.

Bottom line. T-Mobile and Verizon have both improved their Unlimited plan features and lowered the prices recently. While they still cost more than MVNO alternatives, they also offer a few premium features like hotspot tethering that MVNOs usually don’t include. You’ll have to decide if the premium features are worth it at these new price points.

Citi® Hilton HHonors™ Visa Signature® Card 75,000 Point Offer Review

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Citi Hilton HHonorsLimited-time offer. The Citi® Hilton HHonors™ Visa Signature® Card, from our partner Citi, is offering a limited-time bonus increase. Here are the highlights:

  • Earn 75,000 Hilton Honors Bonus Points after making $2,000 in purchases within the first 3 months of account opening*
  • Earn 6 HHonors Bonus Points for each $1 spent at any participating hotel within the Hilton portfolio.*
  • Earn 3 HHonors Bonus Points for each $1 spent on purchases at supermarkets, drugstores and gas stations.*
  • Earn 2 HHonors Bonus Points for each $1 spent on all other purchases.*
  • HHonors Silver status as long as you are a cardmember*
  • No annual fee.*

What can I redeem for? Hilton points redemption varies, and they have moved towards dynamic award pricing with more focus on points + cash combinations. Hilton HHonors points are worth the most when redeemed for a hotel stay, as there aren’t really that many great cash-equivalent redemption options.

In order to find the points-only redemption rates, you must log into your Hilton Honors account and check the “Use Points” box when running a search. Here are some sample redemptions that I just ran for mid-March, comparing Hilton points vs. Expedia pricing side-by-side:

  • Honolulu, Hawaii. Hilton Hawaiian Village Waikiki Beach Resort is $501.33 ($440 + taxes) per night OR 50,000 Hilton points.
  • San Francisco, California. Hilton San Francisco Financial District is $418.16 ($359 + taxes) per night OR 60,000 Hilton points.
  • New York City. Hampton Inn Manhattan/Times Square Central is $358.08 ($309 + taxes) OR 70,000 Hilton points.

Silver Status perks include:

  • 15% bonus on all the HHonors Base Points you earn.
  • 5th night free on Standard Room Reward stays of 5 nights or more.
  • Complimentary in-room and lobby Standard Internet access during stays at Waldorf Astoria™ Hotels & Resorts, Conrad® Hotels & Resorts, Curio – A Collection by Hilton, Hilton Hotels & Resorts, DoubleTree by Hilton™, Canopy™ by Hilton, Embassy Suites Hotels™ and Hilton Grand Vacations™
  • Two complimentary bottles of water per stay (at Waldorf Astoria™ Hotels & Resorts, Conrad® Hotels & Resorts, Curio – A Collection by Hilton, Hilton Hotels & Resorts, DoubleTree by Hilton™, Embassy Suites Hotels™, Hilton Garden Inn™ and Hilton Grand Vacations™ hotels)

Please note this fine print:

Hilton HHonors Bonus Points offer associated with a new card opening is not available if you have opened or closed any Citi Hilton HHonors cards in the past 24 months.

Bottom line. The redemption ratio varies and while it is still possible to get $500+ of value out of 75,000 Hilton points, I would say a more conservative range is $350 to $500. The standard bonus is 40,000 Hilton points, with 75,000 Hilton points being the highest that I’ve seen. It is relatively rare to get this size of a bonus on a credit card with no annual fee. The complimentary Silver Status is their lowest elite status and offers a few small convenience perks.

There is also another card called the Citi Hilton HHonors Reserve Card which has a $95 annual fee, but has a bigger upfront bonus and better ongoing perks for frequent Hilton customers. Two free weekend nights can be worth over 160,000 Hilton points. I redeemed for nice weekend stay in Hawaii myself, but I know that some people prefer the simplicity of having no annual fee.

“Disclaimer: This content is not provided or commissioned by the issuer. Opinions expressed here are author’s alone, not those of the issuer, and have not been reviewed, approved or otherwise endorsed by the issuer. This site may be compensated through the issuer’s Affiliate Program.”

Understanding the Risks and Downsides of Bonds

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Schwab Matches Mutual Fund and ETF Expense Ratios, Removes Minimums

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