Gadget

The cost of cancelling

If you, like many South Africans, are looking to cancel your cellphone contract before it expires, you may be left having to foot the bill for a hefty “cancellation fee”.

Last week, Tariffic released its latest “Tariffic Perfect Package Tracker” which focused on the topic of contract cancellation fees (also known as “termination fees”).  In response to a number of queries that the company received, Tariffic has published the calculations that it used to determine the cancellation fees in its analysis.

How much will I pay to cancel my contract?

The amount that you’ll pay to cancel your cellphone contract before it expires is based on numerous factors and varies from service provider to service provider.  These calculations can be found below.

The above calculations were obtained by reverse engineering actual “cancellation quotes” received and contacting the service providers in the case of any discrepancies.

So, how do I actually go about cancelling my contract?

For all service providers you will first receive a Cancellation Quote before any charges are implemented.  If you choose to go ahead with the cancellation, you will have to make the payment for the cancellation fee, via EFT, and send proof of payment to your service provider.

What else should I be aware of?

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