I paid off the FlexTAB balance and only using an inexpensive unlimited talk/call display/ mini-voice mail on a month to month basis, i.e., no contract.
When the new devices are released this summer/autumn 2014 I will see what other wireless providers can offer me to switch away from Rogers.
I find this flex tab balance a serious pain, My phone broke about five months ago, While I still was stuck in an old 3-year contract. They gave me 2 options, pay off the balance owing on the flextab and upgrade, or upgrade my phone and pay off the balance on my flextab. same thing 2 different ways. I find it ridiculous that comsumers have to do this on the timeline of the phone company. Rather, I would like to see us have the option of having a portion of this Flextab added to my monthly bill, at an amount I see fit, or a way to do it through the online billing portal. TO this day, I have a broken unusable phone, that I have to pay a monthly bill for, with a huge Felxtab remaining and stuck in the final year of the old 3-year commitment.
What you are saying, is exactly what is happening anyways.
When you get the phone, and the initial contract... you are lets say, paying $150 in the store at the time, and getting your FLEX TAB for the remaining amount of the phone.
For example, we will use $500 flex tab... you are essentially getting a LOAN for the $500.
They take the LENGTH of the term (36 months in your case), and device the amount by it. 500 / 36 = 13.89 is subtracted every month. (10 months into the contract, would be 500 - 138.90 remaining, etc)
It is just being done, in an even amount.
You are saying, you would like to do MORE of that (example) 500 per month?
Really in the end.. it is no differenent than paying it now. Either A or B, you are still repaying the $500. Their way, you actually dont have to PAY any extra, they do it for you, out of your monthly amount (which you pay the same even when out of contract).
weither to pay MORE on each bill.. or at when you want to break the contract early, you would be paying directly out of pocket.
Buying the phone outright... $650+??
Doing the flextab.. and having to pay out a portion now. Lets say 1/3 of $500 = $166ish.
Original $150 + 166 = 316... you have still paid more than 1/2 of what the phones value is, and got 2 years usage out of it.
So here's my question, I have a Flextab and want to know what the benefit of just paying it off is. Is this a charge I'm paying every month anyway? If I paid it off would my bill be reduced by the amount of the Flextab payment? Or is it simply a reduction in the amount owing if I choose to upgrade? Never quite understood what it was anyway.