I just received my email---$36 gift card! LOL! The iphone 5 I returned was an insurance replacement, and only TWO WEEKS OLD.  NOTHING WRONG WITH IT! The ONLY reason I continued with Verizon was to get the $200 gift card.  I was going to Spring or AT&T Anyway...should have waited. 

I returned my old iphone 5 to Verizon a month before my contract was up because the battery didn't charge.  I got the "free" insurance replacement.  I was then notified my old phone was not accepted, and was charged $300!!!! No way to appeal or get the phone sent back.  I HATE this company, and the SECOND my contract is up, I will NEVER return to Verizon.  Thieves.