Can I Use Tab Extra Large, then just Pay Off Tab to save $335 on new phone?

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  • Updated 4 weeks ago
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I am interested in the Samsung Galaxy S9. It retails for $1,055. If I use Tab Extra Large, I pay nothing now and have 24 payments of $30. That's $720 remaining on the Tab.

Am I allowed to just pay that balance off right away? I don't want the monthly payment and have the cash but this saves me $335 on the price of the phone. 

It seems too good to be true. What am I missing?
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David

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Posted 4 weeks ago

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Timo Tuokkola, Mobile Master

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You'll have to wait at least 90 days before you can pay off the tab.
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Mats

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$200 down with tab large is even cheaper at $680. The only other thing you might not be considering is that tab extra large and large plans are $25 a month more expensive that a tab medium plan that is exactly the same.

Depending on when you decide to pay off your tab(minimum 90 days) keeping a extra large or large plan going might not be cheaper in the long run. Usually its not.
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David

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So can I do this:
Step 1) Buy the Samsung Galaxy S9 using Tab Extra Large for free and go into a $90 a month plan.
Step 2) In 3 months, pay off the remaining $630 on the tab. (3 months x $30 tab reduction)
Step 4) Move into a lower monthly plan since I no longer have a tab like I'm in now. ($50 a month for 2 gigs)

Am I missing anything?
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Allan, Mobile Master

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Yes you can do that.
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Mats

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Yes you can do that. Since you have the cash now go with tab large and pay $200 down. $480 tab for a total of $680. You save $40 compared to going with Extra large tab $720 with 0 down.
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Robert, Mobile Master

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What if you port out of Koodo, does this limit still apply? 
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Goran, Mobile Master

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No. You cannot be prevented from porting out.