Verizon has launched a new rewards program called verizon up that rewards its customers with a credit for every $300 they spend on their bill.. these credits can then be redeemed towards a variety. Mobile verizon unveils edge, its own pricey early upgrade plan. edge is verizon's answer to t-mobile's jump and at&t's next. but like the other plans, the privilege of upgrading early will cost you.. Free activation- new customers who sign up for verizon edge, will receive a credit back for their $35 activation fee. wow! one edge payment free- all customers new to verizon edge, will receive a credit back for one month's verizon edge device payment..