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Early Termination Fees

cubby_1985

Hi there, I was just wondering how they are calculated?

 

I'm paying $69 (59+10) a month, and only have 4 payments left ($276 total), but in my account page, it lists the ETF as $312 and handset payments at $27.

 

How is the early termination fee more than the total ammount I owe?

Re: Early Termination Fees

cubby_1985

Nobody? Just Optus being greedy?

Solution

Re: Early Termination Fees

Dave

Hey Cubby,

 

Cancellation fees are set out in your initial contract and take the monthly access fee as well as the piece of equipment supplied into consideration.

 

The cancellation fee is highest during the first 12 months and this then drops throughout the contract.

 

Send me your details if you'd like me to check it out and advise if the fee will be dropping anytime soon.

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