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My contract terminates 6 days after new phone. ETF?
Louisme
Enthusiast - Level 2
‎09-14-2014 06:56 AM

My contract terminates on the 25th.  Will I be billed an ETF if I buy my phone on the 19th?  If so what will I be billed.  I will likely be staying with Verizon and upgrading from the iphone 5 to the 6.

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Re: My contract terminates 6 days after new phone.  ETF?
tikibar1
Community Leader
Community Leader
‎09-14-2014 07:11 AM

If you pay full retail price for your phone, there is no ETF because you aren't canceling your service.  You aren't eligible for a subsidized phone until the 25th.  If you're talking about canceling your service and then starting a new account in order to get a subsidized phone, that won't work since Verizon will simply reinstate your previous contract since you're be starting an account within 60 days of canceling a previous one.

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Re: My contract terminates 6 days after new phone.  ETF?
Louisme
Enthusiast - Level 2
‎09-14-2014 07:54 AM

Thanks that was helpful.

I have a subsidized phone and I can either get a new one on Day 1 at the apple store or wait until stores restock.  They are usually a bit harder to get a week after release.  From what I am reading in these forums, it looks like my ETF would only be $10, but I am finding it hard to find that in writing.  I could go to another carrier and they would bay my ETF if it was too expensive.  Verizons service is good but It's not cheap.

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Re: My contract terminates 6 days after new phone.  ETF?
tikibar1
Community Leader
Community Leader
‎09-14-2014 07:58 AM

Your ETF will be $350 - ($10 x 23) = $120

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Re: My contract terminates 6 days after new phone.  ETF?
Louisme
Enthusiast - Level 2
‎09-14-2014 08:01 AM

great thanks,  I seem to of only run into vague posts.

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Re: My contract terminates 6 days after new phone. ETF?
tonyb961
Enthusiast - Level 1
‎09-14-2014 08:20 AM

Did you try checking on the your account details at the verizon site for when you are eligible for an upgrade? My contract expires on 9/21 how ever when i checked my account verizon was letting me upgrade as of 9/04 so i was able to pre order the iPhone on the 12th. Try checking to see when you can upgrade.

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Re: My contract terminates 6 days after new phone.  ETF?
tikibar1
Community Leader
Community Leader
‎09-14-2014 08:45 AM

Upgrade dates and contract end dates are usually the same, but can differ if upgrades were transferred.  I neglected to mention that the OP could double-check their upgrade date to confirm it's the same as the contract date, and am glad that you mentioned that, tonyb961.  The upgrade date also can be checked by dialing #UPG.

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Re: My contract terminates 6 days after new phone.  ETF?
Louisme
Enthusiast - Level 2
‎09-14-2014 09:50 AM

thanks tony you are correct.  I can upgrade on 9/4 despite contract end on 9/25. I hope that is ok if I can upgrade at an Apple Store,  it's not like I purchased the original phone from a Verizon store anyway.   Thank you both tony and tiki