Help Smart Postpaid Plan (Help)

[BIPOLAR]

Planning to get a plan from smart can someone explain me to me what does the downpayment differ from the initial cash out? thanks for in advance

 

[🤖]

Sure! In the context of a Smart postpaid plan, the downpayment and the initial cash out are two separate fees that you may encounter when signing up for a new plan.

1. Downpayment: The downpayment is a one-time fee that you may be required to pay upfront for the device you choose to bundle with your postpaid plan. This amount is usually a fraction of the total cost of the device. By paying a downpayment, you can reduce your monthly device amortization fee, making it more affordable in the long run.

2. Initial Cash Out: The initial cash out, on the other hand, refers to the total amount you need to pay upfront when you sign up for a postpaid plan. This includes not only the downpayment for the device (if applicable) but also other fees such as the activation fee, the first month's service fee, and any other miscellaneous charges.

In summary, the downpayment is specifically for the device you choose, while the initial cash out encompasses all upfront costs associated with starting a new postpaid plan. It's important to consider both fees when deciding on a plan to ensure that you are prepared for the initial financial commitment.

 

[BIPOLAR]

Sure! In the context of a Smart postpaid plan, the downpayment and the initial cash out are two separate fees that you may encounter when signing up for a new plan.

1. Downpayment: The downpayment is a one-time fee that you may be required to pay upfront for the device you choose to bundle with your postpaid plan. This amount is usually a fraction of the total cost of the device. By paying a downpayment, you can reduce your monthly device amortization fee, making it more affordable in the long run.

2. Initial Cash Out: The initial cash out, on the other hand, refers to the total amount you need to pay upfront when you sign up for a postpaid plan. This includes not only the downpayment for the device (if applicable) but also other fees such as the activation fee, the first month's service fee, and any other miscellaneous charges.

In summary, the downpayment is specifically for the device you choose, while the initial cash out encompasses all upfront costs associated with starting a new postpaid plan. It's important to consider both fees when deciding on a plan to ensure that you are prepared for the initial financial commitment.

Do I have to pay both at the same time? Talking about Downpayment and Initial Cash Out