I will just take a moment to update this thread.
Cancellation can be requested anytime (no prior notice is required) and the cancellation fee is calculated in the following manner:
hardware subsidy/duration of the contract (24 months right now) X number of months remaining in the term.
Only the accountholder can request the cancellation by contacting customer service.
Hope this helps!
I'm a student and i would like to cancel my fido contract.
It has been 3 months now and i had been giving out $40-52 monthly.
I would like to cancel my contract, would there be any fee for it ?
I just saw this post and would like to provide some updated information for any users that may come across this in the future.
Now, for all customers, should they choose to cancel their contract, the fees associated with breaking the agreement are calculated in the following way:
- Hardware subsidy / number of months in the term X number of months remaining in the term
Also, depending on where you live, a Service Deactivation Fee of $12.50 may apply as well when deactivating your account.
You can reach out to us on Facebook or Twitter to confirm the exact fees applicable for your account.
Hope this helps!
An Early Cancellation Fee (ECF) would apply and if you signed up for a data term, a Data Early Cancellation Fee (DECF) would also apply. The ECF is the greater of (i) $100 or (ii) $10 per month remaining in the Fido Agreement, to a maximum of $300 (plus applicable taxes). The DECF is the greater of (i) $100 or (ii) $10 per month remaining in the Data Term, to a maximum of $200 (plus applicable taxes).
I recommend calling Fido Customer Service to work something out with your service before possibly having to pay out $500.