Are you thinking about canceling your Verizon service and switching to another provider, but wonder if Verizon will prorate your final bill? If so, continue reading this article to see what I discovered on this topic!
Does Verizon Prorate Final Bill In 2023?
Verizon does not prorate your final bill, which is stated in the Terms and Conditions under section 10 on your Verizon agreement. The bill is not prorated regardless of whether you or Verizon chose to terminate the agreement. However, Verizon FIOS may prorate your bill if you were billed in advance after the date you disconnected, as of 2023.
Do you have more questions about Verizon, such as whether or not your bill is prorated when you’re the person canceling the agreement? If so, keep reading for more information!
Will Verizon Prorate My Bill If I Cancel?
Unfortunately, Verizon will not prorate your bill, even if you’re the one that cancels the agreement, which is stated in the Verizon Terms & Conditions under section 10.
Verizon will also not prorate your bill if the company terminated its relationship with you for any reason, which can also be found in the Terms & Conditions.
Does Verizon FIOS Prorate Final Bill?
Verizon will not prorate your final bill unless there were charges that were billed in advance after the date you’ve disconnected the service.
Additionally, any charges that occurred after you disconnected the service will turn into prorated credits, which you will get back on a credit or debit card, depending on the method you used to pay the bill.
It could take up to 60 days to get credits refunded to you if you were billed for charges in advance.
Does Verizon Charge an Early Termination Fee?
If you’re under a contract with Verizon and you choose to cancel, then you’re likely to be billed an early termination fee.
The fee starts at $350, but because it’s prorated, the longer you have the service and are in your contract, the less that termination fee will be if you cancel.
The good news is that if you cancel your Verizon service within 14 days of initially starting the service, you are not billed an early termination fee.
Does Verizon Bill in Advance?
Verizon does bill one month in advance, which is one reason why the company doesn’t prorate the final bill, as you’ve already used the service by that time.
How Long is a Verizon Billing Cycle?
Your Verizon bill will tell you how long your billing cycle is, but the company typically runs on a 30-day billing cycle.
Additionally, the billing cycle will start the day that you activate your phone, and the new bill will be on that same date the next month.
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.
The My Verizon app and website can tell you more details about your billing cycle and when it’ll reset for the next month.
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 upcoming month, which you’re still responsible for.
Further, if your billing cycle begins on December 19, but you call on December 20 to cancel, you’re going to have to pay the December 19 through January 18 bill.
However, the cancellation does not occur when you call Verizon to cancel but instead will be reflected on the following bill, so call at least a week before your billing cycle ends to avoid extra charges.
How Do I Find My Verizon Contract End Date?
If you’d like to cancel Verizon, but want to wait until your contract runs out, you can find your contract end date by going into My Verizon and then selecting My Devices.
You’ll see the contract end date for all of the devices linked to your account, so choose which device you’d like to see, and it will be on the top left side of the page.
However, the full contract will not be available online for you to look at only the contract end date.
If you’d like to see your full contract, you’ll have to contact Verizon customer service to obtain that information or contact the store in which you purchased the devices.
Can I Cancel Verizon at Any Time?
You can cancel Verizon whenever you want to, though under contract means you’re going to have to pay an early termination fee. Nevertheless, you can still cancel the plan at any point.
However, Verizon does often require some notice for a cancellation, which is typically 30 days, so if you’re thinking about canceling, then give them 30 days’ notice when possible.
Verizon doesn’t prorate the final bill since you’re paying a month in advance, and typically will not prorate your bill if you ask them to.
You’ll likely be charged an early termination fee, especially if you were under contract with Verizon.
However, Verizon FIOS may prorate your bill if you were billed for charges in advance after the date you’ve chosen to disconnect services.