We would like to change company since we are getting screwd with bell!! Do we need to give a deposit to sign up with koodo?

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  • Updated 5 years ago
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We are looking to change cellphone company since we are unable to have good service with bell! We checked with another company but they want a deposit! Does Koodo require a deposit to signup or not?
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Caroline Gagnon

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Posted 5 years ago

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Zaphod Beeblebrox

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No they don't. A credit check is still needed. That will determine if you are able to get a phone subsidized or not.
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Caroline Gagnon

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Ok, what happens if your phone ain't subsidized , you have to pay full price for your phone!
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Moto G

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Depends on the condition of your credit. But regardless Koodo, unlike bell, has the new Motto G in stock for (get this) $150.00.
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Sophia, Mobile Master

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Hi Caroline,

Koodo does not subsidize phones in the way you are used to, but they have a Tab system. Meaning, you can buy the phone outright for (say) $500, or on the Tab for (say) $200 on a Tab Medium while the remaining $300 is paid off in monthly terms. Koodo contributes 15% of that, and you yourself $5 per month, assuring your phone will be paid in full in 2 years.

IF you don't pass a credit check and that is what Tyler meant, you can't qualify for the Tab and you'd have to purchase the phone for the full $500 right at the start... or use your old phone :) The advantage of that is that you can request a 10% discount on your monthly bills, and many customers opt for that :)

Any more questions, just ask (and questions end with a ? not !, teasing!!!)
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Zaphod Beeblebrox

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On the upside of having tio pay full price for a phone, you can still get the BYOD discount, giving you 10% off your bill each month.
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Moto G

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Sounded like a loud question.... (smile)
Sorry I have to use (smile) but can't find smiles on my $150.00 Moto G
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Chris Petersens

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They have "certified-pre-owned" phones as well for significantly less in the even you'd have to pay full price for the phones.

https://shop.koodomobile.com/certifie...
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Jonathan I, Mobile Master

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Keep in mind that if you are placed on Spending Limit program, you will also be restricted to 1 line under your name and if you were approved without Tab/having to pay for your phone, then you can't use any negative Tab either unless you pay on time for 9 months straight. But the nice thing is Koodo doesn't do security deposits, so there's that.

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