I signed a 3 year contract in December of 2012. It is now September of 2014. I signed a $25 plan with a $25 data add on for 500 MB. I called customer service last week and had them change my plan to the current $50 plan, with data included.
Now, I want to terminate the contract. How do I find out how much the early termination fee is?
According to this page on the Ontario government website: https://www.ontario.ca/consommateurs/can-i-be-charged-free-or-subsidized-cellphone-came-my-plan-if-i... , "The rules of the WSAA apply to you if you sign, renew, or amend your wireless contract on or after April 1, 2014". Does me changing my plan constitute as 'amending my contract'? Because if so, then the following applies to me:
If you have a fixed-term contract
For example, if your phone is $400 retail and you have kept your contract for 23 months, multiply 400 by 23. The total is 9200.
For example, if the contract was for 48 months, you would divide by 24, since that is the smaller number. Divide 9200 by 24. The result is 383.
In this case, take 383 away from 400 (the retail price for the phone). The final result is 17.
The final number that you get is the amount that you will have to pay to cancel the contract. In our example, you would have to pay $17 to cancel after 23 months."
On my fido contract, it says my total inducement was $450. I do not know the 2012 retail price of the HTC One S, however.
Does this apply to my contract? If not, where can I find out my cancellation fee?
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