Verizon Unlimited Data line AOL transfers vs using sub-accounts
As you probably know at this point, it is very hard to do an AOL (Assumption of Liability) transfer with unlimited data, as of November 14, 2014 when Verizon changed the policy for the AOL department to no longer transfer unlimited lines from one account to another.
Some people still had a limited success in transferring the lines by using a loophole in Verizon’s communication channel. Basically, not all the AOL dept reps know that they are not “supposed to” transfer the unlimited data to new and or existing accounts regardless if they have unlimited lines currently in the account. I have personally had limited success with this method, if you get a rep on the line let them know you are wanting to transfer a line and that you “want to transfer all the features on it including the unlimited data”, I suggest not to make it too much more obvious than that, however if they are aware of the unlimited data transfer policy they are very likely to inform you at this point that “it can’t be done” or “they can’t transfer unlimited data anymore”. If that is their response, just let them know that you don’t wish to continue, and then quickly but politely get off the phone before they notate the account with your request. Call back and try a new AOL rep.
In most cases the AOL rep will tell you that “the system” will not allow unlimited lines to transfer but in reality they (the rep) are the ones that select which features (texting, data, minute plan etc) transfers to the new/existing account.
Method #1 using the AOL process
There is a small exemption in cases where the person receiving the line is a Verizon Wireless Business Account holder AND has at least one existing unlimited data line in the account. In this case Verizon will generally transfer the line and keep the unlimited data. If you do not have business credit then they will likely ask for a security deposit of up to $300 per line
● Verizon Wireless business account with an existing unlimited data line
● Tax ID number or classified as a Sole Proprietorship and use social security
● Security deposit in some cases
Method #2 bypassing the AOL process
The good news is that there is a way to get unlimited data AND bypass the AOL department. In this scenario the buyer of the unlimited line does not become the actual account owner on the Verizon side however the billing is dedicated to only the line or multiple lines that are “owned” by the new buyer. The seller must create a “subaccount” (this is free and does not risk losing the unlimited data) and this way the sub account gets its own completely separate bill and billing address etc.
The one disadvantage of this arrangement is that the account remains under the social security number or federal tax ID number of the original account holder (seller) and the ultimate responsibility for all charges in the account are their responsibility. However this is unlikely to be an issue since the person who’s SS# is on the account can simply shut off service if the buyer doesn’t make timely payments to Verizon for the payments due. In this arrangement there is a certain level of mutual trust between the buyer and seller of the unlimited line.
The advantage for someone who has multiple unlimited lines and doesn’t want to go through the hassle of “renting” out the unlimited lines is that they (seller) gets paid upfront for the price of the line, the buyer pays Verizon directly each month for the service.
Verizon also grants any account owner (the seller in this case) the ability to limit the dollar amount that any line of service can accumulate, such as equipment charges and overages.
Method #3 bypassing the AOL process
The second way to get around the AOL transfer issue is in the case where you wish to transfer your WHOLE account to someone new and not just a line from your account. This is accomplished by not changing the ACCOUNT NUMBER and the listed Social Security Number on the account. All the rest of the information including the Verizon online account username and password, the billing information, secret questions & answers can and should be changed to the new owner’s information. The only risk that the seller of the account has in this scenario is that if the buyer defaults on payment he/she would become liable for such payments, however, why would a buyer that has paid several hundred dollars risk the account going into default. The seller of the account will always be able to suspend the account to prevent additional charges to be created by the account, however, he would only want to do this in the case if the new buyer defaults on paying the account’s monthly bill.
In short, this alternative to going through the AOL department could be just the way to get that unlimited line now without renting one.