what is spending cap and Tab not same ?

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  • Updated 5 years ago
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I dont get how spending cap is not same as a tab anyone else? thanks
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Rodney Marois

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Posted 5 years ago

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Mo D.

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Spending Cap is a monthly plan, but not entitled to getting a discounted phone by putting some amount of the price on a Tab. With spending cap, you are authorized to have a monthly plan, but cannot owe Koodo more than $200 per month.

To get the Tab, like the name says, Koodo authorizes you to credit some value of a phone from them with the promise that you're gonna make up the payment, hence the need for a credit check and approval.

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