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What is TAB Bonus Balace? Paying off tab.

  • 18 September 2022
  • 2 replies
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$462 how much I have left to pay off my phone. $33 a month is how much my phone costing me.

14 months remaining

Tab Bonus balance:−$58.30.     <--- what is this?

Tab Bonus reduction: $4.49 / month    <---

 

If I pay off my phone is it just $462?  What does the $58.30 ?  Do I lose $58.30 for paying off my phone at $462?  Do I lose $4.49 a month off the cost of my monthly phone plan?

 

Thanks

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Best answer by Dennis 18 September 2022, 03:24

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Userlevel 7
Badge +4

If you want to pay off your Tab balance of $462, then it will be added onto your next month bill.

Your Tab bonus will continue to reduce $4.49 / month on the back ground until its reach to $0 .

You only need to pay back your Tab bonus if you up grade your phone or cancel your service before 24 months is up.

Userlevel 7
Badge +4

https://www.koodomobile.com/help/Tab-bonus

 

The tab bonus is basically the phone sale amount. It's to prevent people from buying a phone from koodo at a sale price and then leaving, thus taking advantage of the phone sale without being a koodo customer