Paying off device balance early

[blumisty]

I want to pay off my Apple Watch early. I have 6 months left on the financing. Is there a way to pay it off fast without having it added to my next bill?

Thank you 🙏 

[RogersMaude]

Good afternoon @blumisty,

Thank you for posting to the Rogers Community! 

When financing a device, you can make an upfront down payment in-store only. Additionally, you can also make lump-sum pre-payment towards your outstanding device financing balance anytime by contacting customer service.

Please note that any payment will reduce your monthly financing payment. May I ask why you wish to pay it off right away without having it added to your invoice?

If you prepay your outstanding balance in full, your Financing Agreement Term will automatically expire and this Agreement will terminate.

You can simply request to have your financing balance applied to your account and then make a one-time payment to your Rogers account for the amount in question. That way, both the amount billed and paid are on the same invoice. 

Alternatively, you can get in touch with us to make a partial payment towards your remaining financing balance and eventually pay it off in full, when you're ready.

Don't hesitate to let us know if you have questions!

RogersMaude

[Ner1]

I want to pay off my phone finance early they are charging me insanely because i chaged my plan without understanding

*Added Labels*

[RogersCorey]

Good morning @Ner1!

I moved your post into this thread as it has the answer you seek. 🙂

Please feel free to reach out if you have any further questions!

Regards,

RogersCorey

[Tactical2206]

Hi There,  The perfect question... I've only got $200.00 left to pay on my phone and so when that is done, the Balance will be "0" this means that the phone is now MINE to KEEP., correct ??

Thanks

Art 

[RogersCorey]

Good morning @Tactical2206!

The device is yours to keep when the balance is paid off if you opted to fully finance the device. If you chose the Save & Return financing option, you must return the device at the end of your term.

Here are two links you may find helpful!

Financing Phones – FAQs - Rogers

Save & Return program support and FAQs - Rogers

Regards,

RogersCorey