When we last visited Vz back in mid August, was told that with a factory unlocked 4s bought at full price from them, my wife could get:

1. voice 450 minutes, $39.99 [unlimited wkends/evenings/Vz-to-Vz unlimited]
2. data 2 gb, $29.99
3. text - optional and either $9.99 for 1000, or $19.99 unlimited

Above did not require two yr contract, pay as you go. I misspoke by calling it a 'prepaid', sorry......

She's not heavy into data, etc. so LTE is not an important factor for her. We hope same plan will be available for 5 but again not in a rush.....