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Prepay 1yr

jacktrusk23
Good Citizen / Bon Citoyen

Is it possible to make a 1 time prepay payment for 1 year and still get the loyalty and autopay reward credits?

1 ACCEPTED SOLUTION

Accepted Solutions

srlawren
Retired Oracle / Oracle Retraité

@jacktrusk23 while you can pre-load available funds into your account, I do recall there is a limit but I don't recall what that number is.

 

To sum up the correct info you've gotten so far:

 

- As long as you leave Auto Pay turned on, you will continue to get the AutoPay reward

 

- As long as there are sufficient funds in the account to pay for the renewal, your card on file will not get charged but you still get the AutoPay reward for having it enabled

 

- Loyalty reward is not affected in any way, good or bad

 

- the biggest drawback is you severely limit your flexibility in the future.  If you load a year's worth of funds today, and next week another provider offers up an amazing Boxing Day plan that you want to get on, you're "stuck" with Public Mobile becuase the Available Funds are non-refundable and you'd end up losing them if you left.  Likewise if Telus start offering Koodo migrations again and an amazing one is offered up to you that you would like to take.

 

Personally, and without knowing your personal reasons for wanting to do this, here's what I'd suggest:

- keep a card registered for the reward; get a pre-paid card if you have to 

- keep the actual $'s in your bank.  maybe move them into a separate high-interest savings account -- you will earn some (not a lot) of interest while it sits in your bank but ZERO while it sits in PM Available Funds

- Set yourself a recurring reminder for about a week before your renewal date (recurring every 30 days, starting on date x which is 7 days before your next renewal) and manually top up your available funds balance with just enough to pay for your upcoming renewal.

 

Why do I suggest this approach?

- earns a little interest on the funds instead of zero 

- removes uncertainy around AutoPay failures (if that is your concern)

- doesn't handcuff you to staying with Public Mobile until your large available funds balance is utilized.

 

But if you really do want to go with the 1 year pre-payment, we will need to get confirmation for you on what the max available funds balance is.


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16 REPLIES 16


@jacktrusk23 wrote:

Is it possible to make a 1 time prepay payment for 1 year and still get the loyalty and autopay reward credits?




I'm uncertain as to if there is any balance amount limit for a Public Mobile account.  You can certainly prepay for multiple months ahead of time, but it will sit in your account balance until it gets used up.  There are no 1 year plans available, nor is there any discount for prepaying for a year in advance. 

 

You would still be eligible for rewards, but I can't see why you would wish to pay add that much balance to your account at once, unless you're maybe thinking of getting a year of cell phone service for someone as a gift.

jacktrusk23
Good Citizen / Bon Citoyen

Personal reason.

My main concern is since autopay is not enabled in the system that it will not pickup the autopay reward credit.

popping
Oracle
Oracle

@jacktrusk23

PM is prepaid service.  If for any reason, you decided to leave PM early, there is no refund of the fund in your account.

 

The only way to get the autopay reward is enable autopay even if you have large sum of money sitting in your account.

 

You can still get the loyaly reward on your anniversary date even you pay 1 year payment in advance.

RobertQc
Mayor / Maire

@jacktrusk23 wrote:

Is it possible to make a 1 time prepay payment for 1 year and still get the loyalty and autopay reward credits?


@jacktrusk23

With pre-payment I can attest you will still get rewards as long as the following conditions are met. You have been here long enough to earn your loyalty, you will continue to get it with any payment method and a good standing account. As for auto-pay, as long as auto-pay is set up, regardless of it being used or not you will still get the auto-pay reward.

 

Unless the system is set up to have some sort of maximum payment (say $1000, or $5000, etc), this will work. There should be no harm in trying, it will either be approved or declined. The harm would come from too many failed attempts. So maybe try $1000 (or your comfortable amount) and if it doesn't work try $500. Don't try $1000, $950, $900 etc.

 

I personally have enough funds in my account to not need to add funds for well over a year, my auto-pay is set up but not used, I still get the reward. Although my balance has slowly grown over time I have never made a "large" one time payment.

 

 

@jacktrusk23 wrote:

Personal reason.

My main concern is since autopay is not enabled in the system that it will not pickup the autopay reward credit.

Go to the canada post, Buy a pre-paid $10 visa card (or lowest denominations). Set up auto-pay on the gift card. (It works, I have done it) then do a one time payment of $10 (or whatever size you got ) to use up the funds on the card. Put the visa card in the trash but leave the visa card associated with the account and auto-pay enabled. You now will get the auto-pay bonus, there will only be a failure if your public mobile account funds run dry and it attempts to use that gift card that no longer has funds available.

 

canada_post_visa_gift_card.png

will13am
Oracle
Oracle

@jacktrusk23, do what @RobertQc suggests, get a visa card added to the account even if it will not participate in the payment.  Then you can top up funds in the account to whatever amount you are comfortable with and you will get all eligible rewards on each renewal. 

just remember the funds are not refundable.  should you port out not need teh number anymore etc any funds are basilly lost.

 

would a koho account work for setting up autopay?

 

It seems to me the motivation for the question is an idea to short-circuit the loyalty reward.

But look, I have enough funds to pay for your most expensive plan for a year...where's my dollar?

Loyalty is time...not intent.

srlawren
Retired Oracle / Oracle Retraité

@jacktrusk23 while you can pre-load available funds into your account, I do recall there is a limit but I don't recall what that number is.

 

To sum up the correct info you've gotten so far:

 

- As long as you leave Auto Pay turned on, you will continue to get the AutoPay reward

 

- As long as there are sufficient funds in the account to pay for the renewal, your card on file will not get charged but you still get the AutoPay reward for having it enabled

 

- Loyalty reward is not affected in any way, good or bad

 

- the biggest drawback is you severely limit your flexibility in the future.  If you load a year's worth of funds today, and next week another provider offers up an amazing Boxing Day plan that you want to get on, you're "stuck" with Public Mobile becuase the Available Funds are non-refundable and you'd end up losing them if you left.  Likewise if Telus start offering Koodo migrations again and an amazing one is offered up to you that you would like to take.

 

Personally, and without knowing your personal reasons for wanting to do this, here's what I'd suggest:

- keep a card registered for the reward; get a pre-paid card if you have to 

- keep the actual $'s in your bank.  maybe move them into a separate high-interest savings account -- you will earn some (not a lot) of interest while it sits in your bank but ZERO while it sits in PM Available Funds

- Set yourself a recurring reminder for about a week before your renewal date (recurring every 30 days, starting on date x which is 7 days before your next renewal) and manually top up your available funds balance with just enough to pay for your upcoming renewal.

 

Why do I suggest this approach?

- earns a little interest on the funds instead of zero 

- removes uncertainy around AutoPay failures (if that is your concern)

- doesn't handcuff you to staying with Public Mobile until your large available funds balance is utilized.

 

But if you really do want to go with the 1 year pre-payment, we will need to get confirmation for you on what the max available funds balance is.


>>> ALERT: I am not a moderator. For account or activation assistance, please click here.

jacktrusk23
Good Citizen / Bon Citoyen

@RobertQcOn your suggestion, does the account balance credit take priority over the autopay?

Even if autopay is enabled.  This will not double charge me?