Buying out Cell Phone Contract

Discussion in 'Off-Topic' started by rworkman83, Mar 2, 2010.

  1. rworkman83

    rworkman83 Lost in Eastern Iowa
    Staff Member Bookie

    Aug 9, 2006
    19,250
    423
    83
    Male
    Sports Information Dir.
    Boone & Cedar Rapids
    Anyone know how much it cost to buy out of a cell phone contract? We have four phones on our plan, two contracts are up. One is up in July and the other April 2011. Trying to switch from US Cellular to Verizon or AT&T.
     
  2. jsb

    jsb Well-Known Member

    Mar 7, 2008
    9,621
    290
    83
    Several years ago it was around $300 for US Cellular, I think.
     
  3. cytech

    cytech Well-Known Member

    Apr 10, 2006
    6,353
    118
    63
    Hiawatha, Iowa
    they have to prorate the termination fee based on how much of the contract you have left.
    I think the standard fee is around $200 per phone so I would guess you will be looking at around $100-$200
     
  4. CyGal

    CyGal Well-Known Member

    Mar 1, 2006
    2,742
    52
    48
    WDM
    You might be able to get out of the July one for free - possibly have to wait a month or two to do that, it depends on US Cellular. The one for next year will cost you more, as Cytech said.
     
  5. maintain242001

    Nov 9, 2008
    293
    7
    18
    I was thinking US Cellular was $150 per line at the moment but I could be wrong
     
  6. wartknight

    wartknight Well-Known Member

    Mar 24, 2006
    6,731
    164
    63
    Try to get your new company to cover it or give you bill credits for the amount of the termination to switch early.
     
  7. akellar

    akellar Active Member

    Nov 28, 2008
    417
    31
    28
    Stuart, IA
    I'm not trying to be a jerk but these type's of threads annoy me. Wouldn't it be faster and more efficient to call US Cellular and ask them instead of what a bunch of random people on a forum think? You have to sort through a bunch of posts that don't answer your question (like this one) to find what some other person thinks they will bill you, only to end up calling them to find out anyway. I don't get it? :confused:

    (Ok I'm getting off the soapbox now)
     
  8. rworkman83

    rworkman83 Lost in Eastern Iowa
    Staff Member Bookie

    Aug 9, 2006
    19,250
    423
    83
    Male
    Sports Information Dir.
    Boone & Cedar Rapids
    As you can tell by some of the responses here, sometimes the result is different. As the poster above you put, sometimes the new company will cover the charges if you are leaving one of their competitors. Would I have ever known that if he didn't say it? Nope. It's always nice to get opinions from others or hear their experiences, as you sometimes get told a different story.

    Thanks for your input on the topic though.
     
    • Like Like x 1
  9. mwitt

    mwitt Well-Known Member

    Mar 23, 2006
    5,805
    101
    63
    My suggestion is when you do switch, keep a copy of your new contract.
     
  10. MadCy

    MadCy Active Member

    Apr 9, 2006
    813
    33
    28
    Madison, WI
    Good topic as I am doing the same thing and just talked to US Cellular the yesterday. I'm willing to share the information.

    Original buyout on my single line was $150. I'm 12 months into that contract, buyout is now $90.

    I've talked to a Verizon store here in Madison. That particular store will give you up to $130 dollars to buy out of another providers contract to switch. They give you the money, they don't pay it off directly.

    I've been with US Cellular for 10 years. Love it and never had any issues what so ever. I'm just ready to be able to get new phones when they come out, and not have to wait so I'm going to switch for a period.
     
  11. AlleyAddict

    AlleyAddict Well-Known Member

    Jan 19, 2010
    2,609
    129
    63
    Ames
    something ridiculous
     

Share This Page