As an AT&T subscriber, you may have wondered what the cost would be if you decide to cancel your contract before the end of the term. While breaking a contract with any service provider can be a hassle, it`s essential to understand what you`re getting into, or out of, before making any final decisions.
So, how much does AT&T charge to cancel a contract? The answer is not always straightforward, as there are different types of agreements and different fees, depending on the type of service you are using.
If you`re on a postpaid plan, generally, AT&T charges a $325 early termination fee (ETF) for smartphones, which decreases $10 each month you are on your contract. For example, if you`re six months into a 24-month contract, AT&T would charge you $245 to cancel your service.
If you have a basic phone plan, the ETF is $150, which also decreases by $4 each month. However, if you`re on a month-to-month contract, there are no ETFs.
It`s important to note that AT&T has a 14-day return policy for its devices, which means you can return a new device within 14 days of purchase without incurring any ETFs.
If you`re on a prepaid plan, the process is a bit different. AT&T does not charge any early termination fees for prepaid accounts, but it`s essential to note that prepaid accounts are different from postpaid accounts. You pay ahead of time for the service, and there are no contracts. You can stop using the service at any time, and there are no cancellation fees.
If you`re still not sure about your contract, check your contract agreement or call AT&T customer service to inquire about the specifics of your account. AT&T representatives can help you understand the terms of your agreement and advise you on how much it would cost to cancel your service.
In conclusion, if you`re considering canceling your AT&T contract, the cost of cancellation will depend on your contract type. While breaking a contract can be a hassle, understanding the terms of your agreement can help you make an informed decision. If you`re unsure about your contract, reach out to AT&T customer service for help.