When I purchased a Fido Connecto,n I was told that Fido offers $300 Billing Credit. Is it a Billing Credit i.e. my connection would be disconnected only when the outstanding amount to pay nears $300 or is it a Credit Limit to purchases of Fido services & products every month, quarter, etc.?
Welcome to the Community!
Are you referring to the credit limit defined on your account after a credit evaluation?
If so, the credit limit monitoring will temporarily suspend your wireless services if the total account balance goes over a predefined dollar amount, in your case $300. It's important to keep a tab on this to prevent any suspension on your account. This applies to all billed and unbilled amounts, be it your monthly services, overages, new service purchase (upgrades) etc.
Let me know if it helps.