4 family phone plans to consider to save a lot of money

Alife / Getty Images / iStockphoto

One of the easiest ways to save money on your phone bill is to sign up for a family plan. There are a wide variety of family plans to choose from, and sometimes it can be difficult to determine which plans are the most cost-effective or offer the right amount of data your family needs.

Discover: Unplug those devices that increase your electricity bill
See: Stimulus updates to know for Spring 2022

GOBankingRates has looked at which family plans can help you save the most money and how to determine which family plans are right for you and your family members.

Mint Mobile’s Modern Family Plan

Money saving expert Andrea Woroch said many major carriers require a minimum of four family members to enroll under a family plan. Some carriers have even increased this number to five and numbers as high as eight may be required to receive all the benefits of the family plan.

What if your family has much fewer than four members? Woroch recommends Mint’s Mobile Modern Family Plan because it allows only two people in a family to qualify for a family plan. Using this plan allows you to benefit from the same rate as a single line for the whole family.

Take our poll: Do you think the government should increase SNAP benefits?

T-Mobile Magenta

There are a few family plan options available through T-Mobile, including the popular T-Mobile Magenta plan.

Under T-Mobile Magenta, you get unlimited 5G, unlimited talk and text, nationwide 5G coverage, and exclusive benefits with T-Mobile Tuesdays. Users can purchase two phone lines and get the third free through T-Mobile Magenta and Magenta Max.

Additionally, T-Mobile offers discounts to a wide variety of generations and occupations. You may qualify for a discount on eligible family plans if you are over 55, in the military, or a veteran or first responder.

Basic cricket plan

Families who are worried about kids, or even adults, going over their data limit can check out Cricket Wireless’ Cricket Core plan.

The Cricket Core Plan allows each person’s data usage to be separated from other account lines. You can add up to five lines to the basic cricket plan and save up to $150 per month with five lines. Cricket Core Plan users receive unlimited calling minutes, plus unlimited text, picture and video messages for each family member. There is even access to some international features.

Verizon Family Mobile Plans

Verizon offers several family plans to meet everyone’s needs. It’s hard to pick just one, so we’ve rounded up their five most popular plans.

  • Get more unlimited. This plan is $55 per line for four lines. It includes Unlimited Premium Access, 50 BG premium mobile hotspot data and up to 50% off Verizon Fios Internet, 5G Home Internet or LTE Home Internet.
  • Start unlimited. This plan is $35 per line for four lines. Benefits include unlimited data, nationwide 5G, unlimited calls and texts and international texts as well as calls, texts and data in Mexico and Canada.
  • Play More Unlimited. This plan is $45 per line for four lines. A few perks include unlimited calls and texts, mobile hotspot data, and 50GB Premium network access. Apple Arcade or Google Play Pass are included as long as you keep the plan.
  • Make more unlimited. This plan is $45 per line for four lines. Get access to unlimited calls and texts, 50 GB Premium network access and more Mobile Hotspot data. Plus, you earn a TravelPass day each month.
  • Just children. This plan is $35 per line for four lines. Parents can use this plan to monitor content, track locations, and control screen time for kids.

Choosing a Family Plan: Considerations to Keep in Mind

Choosing a family plan is about more than saving money. Before you start shopping, take a moment to review past billing statements.

Check the data usage of each member of your household. If some family members are heavy data users, you might consider purchasing a plan with additional data. Next, look at the family plans available and figure out which features you’d like to have and which ones might not be worth the cost. This will allow you to better streamline your options and find the perfect family plan for everyone in your household.

More from GOBankingRates

About the Author

Heather Taylor is Senior Financial Writer for GOBankingRates. She is also the editor and brand mascot enthusiast for PopIcon, Advertising Week’s blog dedicated to brand mascots. She has been featured on HelloGiggles, Business Insider, The Story Exchange, Brit + Co, Thrive Global and other outlets.