Verizon is offering a free high-end smartphone with the purchase of an all-new Samsung Galaxy S5. Customers can opt for another Galaxy S5, Samsung ATIV SE or HTC One (M8).

Verizon Wireless, the largest carrier in the U.S., did not announce any plans of offering the latest Samsung Galaxy S5, while other carriers including AT&T, Sprint and T-Mobile started taking pre-orders for the handset last month. But the delay is probably for the best, as Verizon has come up with the best deal probably of all for Galaxy S5. For those who are in the market looking for two new handsets at the cost of one, Verizon is the place to be. The carrier is running a "buy one get one free" promotion for those who are willing to buy an on-contract Samsung Galaxy S5.

With the new offer, Verizon subscribers and new customers can purchase a new Samsung Galaxy S5 on a two year contract and pick up a free Samsung ATIV SE or HTC One (M8) or even another Galaxy S5, whichever suits one best. The promotion does not actually get you a free phone, but only exempts the customers from paying any upfront cost for the free option. The carrier will break the phone's cost into monthly instalments along with the service bill for the next two years. Even so, a new Galaxy S5 for nothing up front is a sweet deal considering other carriers are giving a Samsung Tab 3.

Samsung launched the latest flagship Galaxy S5 at the Mobile World Congress in Barcelona, February 24. The high-end smartphone by the South Korean tech giant features a full HD 5.1-inch Super AMOLED display, a 2.5GHz quad-core processor, a fingerprint scanner, advanced camera, improved battery, water resistance and a collection of health and fitness apps.

Verizon's promotion offer is available on pre-orders a week before the Samsung Galaxy S5 becomes officially available in the market. The handset will be available globally next Friday, April 11. Customers taking Verizon's deal will get a mail-in rebate debit card for the value of $50 to cover the cost of the second free smartphone. The handset is available in both Shimmery White and Charcoal Black variants.

Verizon is also taking pre-orders for the Galaxy S5 under its EDGE program where customers will pay $0 down and $25.22 per month for 24 months as well as contract free for $599.99.

Pre-order the Samsung Galaxy S5 here.