Transfer of ownership on new account?

  • 1
  • Question
  • Updated 4 months ago
I have a friend who is out of country who wanted a cell phone plan deal that was about to expire. So he asked me to sign up for it for him. So I did. How to I go about transferring it to his name? Can we do it over the phone? How much does it cost? I saw a one time fee for transfer of ownership on koodo website somewhere for $10, but I've seen it say $25 in some community posts. Do we have to wait for the account to be open for a time before doing it? Will he and the referrer lose the referral bonus if we can switch it over before 90 days or is the referral linked to the account staying open?

I'd rather just transfer it to him and not worry about it but if I have to wait 90 days for the referral to go through I guess he can just pay me for those 3 months then take it over.

Help please.
Photo of Mixam

Mixam

  • 80 Points 75 badge 2x thumb

Posted 4 months ago

  • 1
Photo of Dinh

Dinh, Mobile Master

  • 41,734 Points 20k badge 2x thumb
Hi Mixam,
The cost of transfer of ownership is $10. You could do it over the phone. You should call first and ask for the detail. The other person will also call and need to pass a credit check for postpaid and Tab (if the line has a Tab on it).

However, If your account is new, you might not be eligible to transfer. Some mentioned about 90days. I don't know if you can bypass this by asking Koodo or not.

I believe the referral credit need both email and phone numberĀ  to be unchanged (and active) for a certain period of time. If you change the ownership, the email might change, so you might not get it.
(Edited)
Photo of Mats

Mats

  • 21,626 Points 20k badge 2x thumb
It costs $10 and you need to call them.
For the referral to meet the criteria all you need is for the account to stay active for at least 90 days.
Photo of Mixam

Mixam

  • 80 Points 75 badge 2x thumb
Ok so ownership of the account doesn't matter, but, can I even initiate a transfer within the first 90 days?
Photo of Mayumi

Mayumi, Mobile Master

  • 115,056 Points 100k badge 2x thumb
You have to wait for 90 days or more. And your friend need to pass on credit check to open a monthly account.