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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?


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?

8 replies

Userlevel 4
No they don't. A credit check is still needed. That will determine if you are able to get a phone subsidized or not.
Ok, what happens if your phone ain't subsidized , you have to pay full price for your phone!
Userlevel 1
Caroline Gagnon wrote:

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

Depends on the condition of your credit. But regardless Koodo, unlike bell, has the new Motto G in stock for (get this) $150.00.
Userlevel 7
Badge +4
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!!!)
Userlevel 4
Sophia wrote:

Hi Caroline, Koodo does not subsidize phones in the way you are used to, but they have a Tab s...

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.
Userlevel 1
Sophia wrote:

Hi Caroline, Koodo does not subsidize phones in the way you are used to, but they have a Tab s...

Sounded like a loud question.... (smile) Sorry I have to use (smile) but can't find smiles on my $150.00 Moto G
Userlevel 6
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/certified-pre-owned/models/nexus-4-16-gb-certified-pre-owned/prodPREKHLGNEXUS4BK.html
Userlevel 7
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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