Verizon Cancellation Policy (within 14 Days, How To Cancel, Exit Fees + More)

Â I think Verizon uses the â€œcancel methodâ€. Verizon uses this method of getting customers to cancel their service.

Oh good, because I’ve been thinking about this for a while and needed an explanation to get my head around it. But please read the entirety of this article before you start thinking I’m crazy.

What Is the Verizon Cancellation Policy In 2022?

You can cancel your services by using Customer Care and selecting Verizon Wireless, then choosing the cancellation option for your service. You will be prompted for your account PIN number or the last four digits of your social security number. You will then be given the option to initiate a cancellation that day or a one time cancel that will automatically occur within 14 days from the day you initiated the cancellation.

If you are looking into canceling your Verizon Wireless service, you may be wondering about the fee associated with canceling your phone service. Is it more or less expensive than the phone you purchased? How long does it take to cancel?
Well, here is everything you need to know about the Verizon Cancellation Policy.

Can You Cancel Verizon Within 14 Days?

Verizon charges a special fee if you cancel your service within 14 days of activating it. They will charge you with an early termination fee if you cancel your service, though if you wait until after 14 days of having it, you won’t be charged with the early termination fee.

In order to avoid being charged a fee on a Saturday or Sunday call, you should call before the end of business on Friday.

Is There a Fee to Cancel Verizon?

There is a fee if you’re under contract with Verizon. If you are beyond that initial 14 days, there is a fee to cancel your services. This is detailed in the Verizon Customer Agreement.

For example, the fee for cancelling your contract 6 months into the rental could be as high as $350. The fee for cancelling at the end of your contract is generally zero.

For example, if you cancel within the first few months of service, you’re going to have to pay around $300 as part of the Early Termination Fee.

The second part of the message is going to be the reason for cancelling, and this part you may want to skip.

If you’re canceling in the final few months of your contract, you’ll pay $100 or less by the time you’re finished, since the fee goes down $10 per month you stay in your contract.

Can You Cancel Verizon Service Anytime?

If I’m under contract they’re not going to charge for the first 14 days.
They can’t charge you unless you are under contract in the first 14 days.

The whole point of a contract is to ensure that you pay for that service. The Early Termination Fee is the way that company gets their money when you decide to cut your service early.

The only way to get out of a contract early is to buy out the remaining time.

The only way to buy out the remaining time is to pay for the phone you are leaving.

You have to buy out your phone early to get out of the contract early.

How Do You Cancel Verizon Wireless?

If you want to cancel your wireless service, you can do so by calling Verizon customer service. You can do this at 1-800- 922-0204. You will have the ability to choose to cancel your service.

Cancelling is quite easy once the process is started. You just need to enter the phone number on the verification dialog, and the confirmation text will come from your SMS inbox.

After you tell customer service that you’d like to cancel your account, you need to decline the offers of extensions and services.

Lastly, you’ll be given a reference number, which you need to write down, and if you need further assistance, you’ll need to give Verizon this information.

For more information on how to change your account to a new phone, please read the following instructions.

Your phone will continue working until the end of that billing cycle. If the billing cycle is finished on March 4, your service will end on March 4. Then when the next billing cycle on March 19 begins, your service will begin again.

Do You Have to Pay for Your Phone When You Cancel Verizon?

This means that if you have a payment plan on your phone, and you don’t pay the balance, you’ll still be responsible for the remaining amount.

You’ll still be able to pay your bill online. It’s just that you can’t log into your account anymore.

After your service is disconnected, you can only pay using smartphone to pay off the remaining balance on your account.
If you are not using a mobile phone, please be sure to cancel your service and pay your unpaid balance.

You can pay off your unpaid balance by sending us the balance amount with a credit card through the following address.

Do I Have 30 Days to Cancel My Verizon Fios Contract?

You have 30 days to cancel your Verizon Fios services, and return the equipment without being charged an Early Termination Fee if you were under a contract with Fios and you have no other contract with Verizon.

You will also be refunded the equipment charge or setup fee that you paid for your Verizon Fios service.

What Is the Penalty to Cancel Verizon Fios Early?

If you cancel your plan early, you could have a penalty anywhere from $20 to $350, depending on how many months are left on your contract when you end it.

If you’re just one month away from canceling your cable, the cancellation fee could be as much as $300. Even if you’re canceling it early, it’s likely that you’ll still get a refund.

Also, Verizon will give you 30 days to return the equipment before the equipment fees start being assessed, and you can check the Fios website to also print shipping labels to return items.

It’s important to let the company know what items need to be returned so that your return fee isn’t charged.

To know more, you can also read our posts on what is Verizon, what is Verizon Fios, and which one of these is best.

For you, the consumer, that means that you’ll be able to do more on the go because Verizon has invested in making sure that all of those features are accessible from every network.

I’ve seen the future of business.

Conclusion

It is possible to cancel your service before the first bill is due after the initial 14-day grace period and the first bill is due.

It is possible to have an early termination fee, and depending on how far into the contract you are when you cancel, you could get charged $350.