I have a question regarding the current (as of August 2016) tab option:
- I have a 100$ tab credit from Koodo
- I am interested in a new phone (LG G4)
- To purchase outright (including the credit) the phone is 450$
- On a medium tab, an extra 13$ is charged for 23 months
My main question is if I can purchase the phone on my tab [i]then pay off my tab in one go (which will, I'm assuming, have a balance of 299$ (from 13$/month for 23 months so 13*23=299)). Can I pay off my 299 owing tab right away? Or must I do this after a few set months of paying 13/month? Are there any consequences? It just seems to make more sense this way as it will be cheaper than paying 450$ outright any/or paying 550$ outright (this figure does not take into account my 100$ credit).
Thank you very much for any help you can provide!