Does Verizon Prorate Final Bill? (all You Need To Know)

If you’re planning on moving to another wireless carrier in the near future, you might want to know how much it will cost you.

You may be able to find out if you’re eligible for a rebate, otherwise we’ll try and tell you whether or not the carrier you’re switching to will be on the list of companies that will prorate your bill.

Does Verizon Prorate Final Bill In 2022?

When disconnected, Verizon will no longer bill you for service. The monthly bill for non-residential services, such as TV, internet, and phone, will be prorated based on the number of days in the billing period that you were not billed. Verizon may change the date your remaining monthly service expires, due to the fact many companies are not billing in advance.

Verizon doesn’t prorate my bill if I cancel the agreement and I am the person who canceled the agreement. It goes by when you canceled the agreement, so it’s not like the agreement pays out based on how long you have in it or anything. It’s just when you cancel it.

Will Verizon Prorate My Bill If I Cancel?

If you’ve been paying for Verizon services and have to cancel them, you will not be able to get any break in your bill.

Verizon will not charge you for its services if it terminates the company’s relationship with you for any reason, including if you call the customer service line repeatedly or make multiple complaints. Verizon does not have to give you a refund, however.

Does Verizon FIOS Prorate Final Bill?

Verizon is not going to prorate your bill unless there were charges that were billed for after the date you’ve disconnected the service.

Finally, any un-paid charges will be converted to a prorated amount with the remaining amount of time left on your account converted to full credits.

If you are billed in advance, you should expect to wait 60 days before you get your money back.

Does Verizon Charge an Early Termination Fee?

If you choose to cancel your contract with Verizon, then you’re likely to be billed an early termination fee.

It’s $350, but because you’re paying it over 24 months, with the first year discounted, you’ll only be responsible for around $70/month if you cancel before the end of your contract.

There are some exceptions, for instance: if you call the service and drop your service within 14 days, the service is still free. There is also a fee for any services that are re-activated, regardless of whether you called to cancel.

Does Verizon Bill in Advance?

Verizon does not prorate the final phone bill. Your Verizon service contract doesn’t allow you to get billed for the phone service you’ve already used.
We apologize for the inconvenience.

How Long is a Verizon Billing Cycle?

Verizon bills you every month at the end of your billing cycle, which is typically 30 days.

You just have to be careful when adding numbers. As long as you are adding before the billing cycle starts, you are ok.

For example, if you started your Verizon service on April 5, then May 5 will be the new billing cycle, and June 5 will be your third billing period. However, June 5 will be your fourth billing cycle.

If you’re a Verizon customer with an Android phone, download the My Verizon app from Google Play to get more information.

How Far in Advance Should You Cancel Verizon?

You’ll need to cancel Verizon before your next billing cycle begins so you don’t get billed for the next month. That way you won’t be responsible for the current month’s costs. Verizon makes these sorts of things easier and even lets you pre-pay for the next few months in advance, but it’s up to you to do it.

Further, if your billing cycle began on December 20, but you called to cancel on December 20, you’d only have to pay the December 20 through January 19 bill.

If you are paying via automatic bill pay, even if the payment was not cancelled, your payment will still be deducted from your credit card. So you’ll have to call your credit card company to make sure your payment was cancelled.

How Do I Find My Verizon Contract End Date?

If you’d like to cancel your Verizon service, but want to wait until your contract is up, go into My Verizon and then select My Devices.

There are two places to edit your contract details. In the first page you set the payment method (like credit card) and the end date of the contract, as well as the amount you wish to pay each month. In the second page, you select the device you want to use for this contract (like iPhone 7 or Galaxy S8).

The contract will be available online for you to look at when it has expired.

If you want to know what the full terms of your contract are, you’ll need to contact Verizon customer service to find out. Or you can contact the store in which you purchased the devices.

Can I Cancel Verizon at Any Time?

You can cancel your Verizon plan whenever you want to, though under contract means you’re going to get hit with a large early termination fee. Nevertheless, you may want to cancel your plan at any point.

You can get free calls for 30 days, but after that, the cost is $1 per minute. This is the same as most mobile carriers. This is because the cost to maintain a call for minutes of use is much less than the cost for the minutes themselves.

If you want to know more about this topic, you can also find our posts on how to verify your phone carrier and whether or not the price of your contract is fixed or variable.

Conclusion

Verizon charges you the full amount for your prepaid amount. You are responsible for the remaining balance after your initial prepaid amount is up.

You should be aware that when you cancel your contract with Verizon, there will be a fee to cancel early, even if you paid the full amount for your phone and service and even if your phone was free (you can’t get a refund for an active contract).

However, if you chose to disconnect services after your service was already active, they may prorate your bill.