I will be paying off the Tab Balance. How does it affect the Tab Bonus?

Question

Hi everyone 👋Newbie with Koodo here.I would like to pay off my Tab Balance in full before the 24 months, and I don't plan on cancelling, upgrading or changing my plan. If I do this, I just wanted to confirm that I won't have pay back the Tab Bonus and no penalties? Is this correct?Thank you in advance!

Bernard Koodo · Accepted Answer

@HeartscollideYou can pay off your tab anytime of course. Given that it is like an interest free loan, if you haveaccess to extra funds you maybe better paying off something that charges you interest. And let inflation eat away at your tab balance. :-)

Mayumi · Answer

That is correct.Once you paid off your tab balance, it will be on your next bill.Your tab bonus will decrease each month untill it reaches to $0 if you don't cancel or upgrade your phone.

Sign up

Login to the community

Scanning file for viruses.

This file cannot be downloaded