Your Koodo Tab balance is a monthly payment towards your Koodo device. Your Tab balance is split over 24 months, and tax is charged each month on your Tab payment.
Your TELUS Easy Payment® balance is also the cost of your device over 24 equal monthly payments. However, tax on your Easy Payment® balance is charged upfront when you purchase your device from TELUS or when you carry over your balance from Koodo.
When you carry your Tab from Koodo to TELUS, your remaining Tab balance will be converted to an Easy Payment® balance. The tax on your remaining Tab balance will be charged upfront, and this tax charge will appear on your next Koodo bill.
After you convert your Tab balance to an Easy Payment balance, you will continue to make equal monthly payments towards your balance for the number of billing periods left in your service term.
For example, if you have $120 and 6 months remaining on your Koodo Tab balance when you move to TELUS, your Easy Payment® balance will be $120. You will be charged equal monthly payments for the remainder of your service term with TELUS. Depending on your billing cycles, these charges could be spread over 5 or 6 monthly bills. You will also pay tax on the $120 balance on your next Koodo bill.