Verizon Offers Residential 5Gbps

Verizon has started offering 5 Gig plans in some residential neighborhoods, with sweet offers that can get you a bonus $150 gift card and an extra $15 off every month.

The Verizon 5 Gigs option comes with a Wi-Fi 6E router and mesh extender at no extra cost, and you get a pro install for half off. It’s all served up on Verizon Fios, the 100% fiber-optic network operated by Big Red in several states in the Northeast.

We’ll cover plan details, see how the plan compares to what you can get from other providers, and help you decide whether to switch.

When is the plan available, and where?

The new 5 Gig plan is available now in places like Northern Virginia and Laurel, Maryland, but Verizon hasn’t released a list of every location eligible for the new plans.

To see if your address is eligible, head over to the Verizon homepage, select Home, and enter your exact address.

We haven’t seen a Verizon press release on the new plans yet, so we don’t know how soon the plans will be available throughout the Fios footprint.

We’re also eager to learn whether former Frontier customers will get switched to the new plans, considering that the Verizon acquisition was finalized in January, 2026. Already, some Frontier customers have access to 5 Gig and 7 Gig plans from Frontier, with prices that are lower than Verizon’s best offers.

Prices, fees, and the price lock guarantee

The new Verizon 5 Gig plan is listed for $119.99 per month, but you can get $15 off per month for your first three years if you sign up before the promotion ends, bringing your monthly bill down to $104.99.

In years four and five, you’ll still be locked into that $119.99 price, but without the discount.

The 2 Gig plan, in comparison, costs $109.99 per month but also comes with the $15 off offer and the five-year price lock. If you drop down to 500Mbps (which is still plenty fast for most households), your price lock extends only four years, but you still get the $15 off every month for three years.

Here’s how Verizon’s Fios plans stack up side by side.

All listed prices include a $10 discount for autopay and paperless billing, but that’s common in the industry these days.

You’ll also be charged $50 for installation, since the company now waives only the first $49 of its fee if you sign up online. It’s not ideal, but I like that you can have your installer check the Wi-Fi in every room while they’re getting things set up. That way, you can find the perfect spot for your included Wi-Fi extender.

Deals and bundle discounts

Verizon loves to shower its new customers with gifts and perks, and this new plan is no exception. If you don’t opt for the $15 monthly discount on your plan price, you can instead choose a coupon for up to $400 off Samsung products. You also get $10 toward a MyHome perk of your choice every month.

Depending on when you order, you may also be eligible for an additional $150 gift card. All told, that’s around a thousand dollars back in your pocket over three years. Not bad, Big Red. Not bad at all.

Is Verizon 5 Gig the same as Verizon 5G Home Internet?

I know it’s confusing but no, Verizon Fios 5 Gig and Verizon 5G Home Internet are not the same. The 5 Gig plan is a fiber internet connection, and you can get it only where Verizon has fiber-optic cabling laid all the way to your front door. With Verizon 5 Gig, you can get speeds up to 5,000Mbps—fast enough to support hundreds of connected devices at once.

Verizon 5G home internet, on the other hand, is fixed wireless internet that works using excess capacity on Verizon Wireless towers. You can get speeds up to 1,000Mbps, which is still very fast. Your connection won’t be as consistent, though, and you could have too much lag for video conferencing or live gameplay, even on the highest tier.

My take: you may not need 5Gbps – yet

It’s exciting to see Verizon offering these mind-blowing speeds in residential areas, but I’ll be honest: it’s hard to imagine any household that could take full advantage of 5,000Mbps of speed. That’s fast enough to support around 200 simultaneous 4K streams, hypothetically.

Most homes won’t need these speeds now, but you might want to lock in the five-year price if you want to future-proof your tech (and your budget).

Plans disclaimers