I got 5Mb with 5 bars of LTE with the XS Max in the bay the other day on Verizon.
Average 3Mb with 4 bars of LTE in a more rural area, and 7Mb with 5 bars in an extremely rural area.
Friends who have t-mobile always have lower bars but much faster service.
I would happy if Verizon could just give me the 20Mb average again I use to see with the iPhone 5 before they let the network go to crap. 5 bars means nothing if its completely clogged.
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Setting- Accessibility- Reduce motion
You can get rid of Apple's time consuming animations, and it just looks better.