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View Full Version : New Fido offer for high prepaid balance


Aske001
Oct 30th, 2009, 10:05 AM
Fido has just sent me the following offer for one of our prepaid phones that has accumulated a high carry-forward balance:

For a $100 fee off the balance, they will extend the expiry date of the remaining balance by 1 year. So if you have a $300 balance expiring in Nov 2009, they will reduce it to $200 but extend the expiry to Nov 2010, with no payments required until that date. At current rates the minimum 1-year cost of prepaid is around $135, depending on your provincial tax.

Worthwhile or not? I guess it depends on whether you would ever use the balance for anything else. I would prefer that Fido smarten up and restore prepaid internet access, even at a high cost - that would use up the balance quickly!

Badger
Oct 30th, 2009, 10:12 AM
You are paying $100 to extend the validity period without having any extra services.

But like you said, if you pay $10 a month, including taxes and such, it is $135. Not only your balance also extends for a year, you can also use the balance.

So I think the $100 method is not working at all. When I switched from prepaid to postpaid, they helped me transfer the prepaid balance over without charging me a single penny.