I payed a deposit to get my iPhone, do I get this deposit back in the future?

I payed a $400 deposit for my iPhone with Verizon, but do I get it back in the future? I got it around May of last year.

If it was just a deposit, and not put towards the phone plan or phone costs over time, etc., then yeah you should get it back as long as your contract is done.

After one year of good payment history, they will return your deposit.

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