How and when to upgrade your iPhone

Got your eye on the latest iPhone®? Each year’s models bring exciting updates — color-infused glass, advanced cameras (like the iPhone 15’s), and universal USB-C charging. But before you decide to upgrade, here’s how to choose the best time and method to make it affordable and hassle-free.

At Asurion, we help you with every step — whether it's backing up your iPhone or replacing its battery. Here’s your updated guide on how and when to upgrade your iPhone.

When is the best time to upgrade your iPhone?

Apple introduces new iPhone models in September, making it an ideal time to trade in your current device and get maximum value. From carriers: If you're on an installment or upgrade plan from AT&T, Verizon, or similar, make sure you meet their eligibility requirements before upgrading.

Upgrade options: Choose what works best for your budget and lifestyle

Apple iPhone Upgrade Program

Spread the cost of a new iPhone plus AppleCare+ over 24 months with 0% APR. You become eligible to upgrade after making the equivalent of 12 payments, which could even happen early if you make extra payments. The program offers the flexibility to switch carriers and comes with AppleCare+ protection.

AT&T Next Up / Next Up Anytime

Next Up: Add about $6/month to your installment plan and become eligible to upgrade after paying 50% of the device cost and returning it in good condition.

Next Up Anytime: With a $10/month option, you can upgrade after paying 33% of the device cost and returning it — up to 3 upgrades per year.

Verizon Early Upgrade Program

Eligible once you've paid at least 50% of the device cost and kept service active for 30+ days. You must return the device in good working condition. This program applies to eligible devices, generally iPhone 12 and newer.

How to set up your new iPhone after upgrading

Make sure you back up your old device (via iCloud or a computer). Then restore your data on your new phone — one of the easiest transitions. For detailed steps, check out our guide to setting up your new iPhone.

What to do with your old iPhone?

Whether you trade it in or sell it yourself, knowing your options can help you get the most value. See our guide: trade in or sell your iPhone.

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FAQ

How can I upgrade my iPhone right now?

• Apple iPhone Upgrade Program: Eligible after 12 payments in a 24-month plan.
• AT&T Next Up: Eligible after paying 50%; Next Up Anytime after 33%.
• Verizon Early Upgrade Program: Eligible after paying 50% and completing 30 days of service.

When is the best time to upgrade an iPhone?

Right before Apple’s annual September release — trade-in values are highest before new models are announced.

Apple vs. carrier upgrade programs — which should I choose?

The Apple iPhone Upgrade Program provides unlocked phones and AppleCare+ coverage, while carriers like AT&T and Verizon may offer more flexible monthly options depending on your plan.