Samsung Galaxy S5 now up for preorder via Verizon

Eager buyers can grab the phone for $200 with the usual two-year agreement, or $600 off contract.

Lance Whitney Contributing Writer
Lance Whitney is a freelance technology writer and trainer and a former IT professional. He's written for Time, CNET, PCMag, and several other publications. He's the author of two tech books--one on Windows and another on LinkedIn.
Lance Whitney

Screenshot by Lance Whitney/CNET

Verizon subscribers can now preorder Samsung's Galaxy S5 smartphone.

Available at Verizon's Web site, the S5 actually retails for $250 with the standard two-year agreement. But Verizon is sweetening the deal with a $50 mail-in rebate debit card. Verizon subscribers who don't want to be locked into a contract can instead pay the full $600 for the phone.

Verizon is also tempting consumers who need more than one phone with a "buy one, get one free" deal. People who buy the Galaxy S5 can receive a second S5, a Samsung Ativ SE, or an HTC One M8 for free. Both of the phones must be purchased as either new lines or eligible upgrades and require the usual two-year contract.

Subscribers with AT&T, T-Mobile, and Sprint can also preorder the S5. The phone officially launches April 11.

Verizon was up 10 cents at $48.22 in pre-market trading.