Are terms associated with the BYOP plans? I was trying to make an online change and the "contract" keeps referring to term plans where applicable. But no where does the BYOP plan explicitly state anything about a term (unless I am missing it). Sorry, I'm a bit confused. I am considering the 5GB/$50 per month BYOP plan. Also, any downside to the BYOP plans? I don't need a new phone and my previous plan (2 year plan) expired August of last year.
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Since your plan was off-contract since August it means you were on a subsidized plan, Fido no longer offers a subsidized plans they have opted for the new device financing structure.
Once you switch to a new in-market plan which you will see as a BYOP you should no longer see the Small, Medium etc. plan options.
There is no term if you get the plan without financing a phone, if you do finance a phone then you will be in a contract until you pay off the device balance. You can learn more about the Fido device financing here.