Looking to break your AT&T phone contract? If so, you`re not alone. Many people find themselves in situations where they need to cut ties with their mobile carrier, whether it`s due to poor service or they`ve found a better deal elsewhere.
However, breaking a phone contract can come with hefty fees. If you`re currently under contract with AT&T and want to terminate early, you can expect to be hit with an Early Termination Fee (ETF). This fee varies depending on how much time is left on your contract and can range from $150 to $325.
However, there is another option that allows you to get out of your AT&T phone contract without paying an ETF: the AT&T buyout program.
What is the AT&T buyout program?
The AT&T buyout program is designed to help customers who want to switch to AT&T but are currently under contract with another carrier. Under the program, AT&T will pay off your current phone contract (up to $650 per line) if you switch to their service and trade in an eligible device.
How does it work?
To take advantage of the AT&T buyout program, you`ll need to follow these steps:
1. Check your eligibility: The program is available to customers who are switching to AT&T and are currently under contract with another carrier.
2. Purchase a new phone and activate a new line with AT&T.
3. Trade in an eligible device: To qualify for the buyout program, you`ll need to trade in an eligible device. This device must be in good working condition and less than three years old.
4. Submit your current carrier`s final bill: After you`ve purchased a new phone and activated a new line with AT&T, you`ll need to submit your current carrier`s final bill. This bill should include your Early Termination Fee and any other fees associated with terminating your contract early.
5. Receive your reimbursement: Once your current carrier`s final bill has been submitted and approved, AT&T will send you a Visa Prepaid Card with the amount of your Early Termination Fee (up to $650 per line) within 90 days.
Is the AT&T buyout program worth it?
The answer to this question will depend on your specific situation. If you`re currently under contract with another carrier and want to switch to AT&T, the buyout program can be a great way to avoid paying an Early Termination Fee. However, keep in mind that you`ll need to purchase a new phone and activate a new line with AT&T, which can be an added expense.
Additionally, if you`re happy with your current carrier and their service, it may not be worth switching just to take advantage of the buyout program.
Final thoughts
Breaking a phone contract can be a hassle, but the AT&T buyout program can make it a little easier. If you`re under contract with another carrier and want to switch to AT&T, the buyout program can help you avoid paying an Early Termination Fee. Just make sure to follow the steps outlined above and weigh the pros and cons before making a decision.
