Upgrading Phones On The Tab

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I have a phone already on the tab, but I'm looking to upgrade to a newer phone. However, I still have a balance on my current phone to pay (I've had it for 2 years now). How do I go about getting another phone on the tab?
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Posted 5 years ago

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Jonathan I, Mobile Master

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Basically you can "add" to your Tab to receive a credit off a new phone. It's a floating loan. Price of device - accumulated Tab available for [S, M, or L] subsidy = price you pay in store.

So, for example, let's say you have a balance of -75 (or whatever it is) and you wanted the Nexus 4. It's $300. You can take the Tab small (aka the "classic" Tab)... you pay the difference that's owing on your existing Tab so your cost in store would be $300 - ($150 subsidy -75 still owing) = $225 in store.

You can now take advantage of Tab Medium, which is a $300 subsidy. In the above example, the change is here: $300 - ($300 -75 still owing) = $75 in store.

With a higher subsidy comes a difference in your monthly bill. You can keep your old plan only if it's $30+ or else you'll have to switch. Regardless of which route you take, a $5 Tab charge is instated that goes directly towards your Tab to pay off the subsidy (since it's cheaper in store).

The advantages of upgrading are you'll now receive a 15% contribution from Koodo to pay off your Tab AND a 24 month payoff guarantee.

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