Tue, Mar 17, 2015 This plan has become my choice pick for cheapest plan, but keeping within the (very low) limits of this plan is not without its challenges. I first heard of this deal around Black Friday and it seemed too good to be true – a smartphone via Tracfone piggybacking off of the Verizon network, with 1-year service, for $100. 1200min/1200txt/1200MB seemed like too little for me, but I researched my usage over the past year and decided to pull the trigger.