You're correct it is listed on the BB website but that doesn't mean Verizon is going to accept the trade in for the $480 promo, you would only receive the regular trade in value. It's basically rolling the dice because VZW is notorious for going back and forth. You can call & one rep will say one thing & call back & another will say something different. I hope it works out for you but I'm not going to take that chance. I would really upset if I end up paying $32.50 per month instead of $20 had I dealt directly with Verizon. The way the rep explained it to me is you're not allowed to double dip. When I brought up the "gifts" from Samsung she said that's not considered the same thing because that's a gift after purchase and it's not from them.