Freedom Mobile Introduces MyTab+: A New Way to Finance Your Phone
Freedom Mobile has rolled out an innovative program called ‘MyTab+’ that allows customers to extend thier phone financing beyond the usual two-year limit. This new offering was first noticed by users on the Freedom Mobile subreddit, where discussions about it sparked interest among potential users.
The carrier officially added MyTab+ to its terms of service on March 9, and they have also created a dedicated page on their website detailing this new option. According to the information provided online, MyTab+ offers a straightforward way for customers to keep their phones without needing an upfront payment. Rather, it allows them to spread the TradeUp value over a fresh 24-month term.
Understanding how MyTab+ Works
Typically, Freedom’s TradeUp program enables customers to enjoy lower monthly payments for 24 months as long as they agree either to return the device or pay off any remaining balance at the end of that period. However, with MyTab+, there’s now an option for customers who want more flexibility: they can choose to split payments and retain their phone under a second contract lasting another 24 months.
To illustrate how this works in practice, let’s take a look at one example involving the iPhone 17. Currently available through Freedom's TradeUp program for $20 per month over two years with a minimum plan cost of $50 per month, this setup results in savings totaling $288. The TradeUp amount is set at $361 while your total MyTab charge would be $480 (the amount you repay over those two years). Normally, onc your contract ends, you would need either to pay off that tradeup amount or return your iPhone 17. But thanks to MyTab+, you can initiate another contract based on that same TradeUp figure of $361—bringing your monthly payment down further—to around $15 each month.
A Flexible Option for Long-Term Users
This new financing method will appeal notably well to those who prefer keeping their devices longer then two years as it allows them greater control over how costs are managed throughout ownership. However, there are some concerns regarding compliance with existing regulations; specifically whether this approach might conflict with Canada’s Wireless Code which restricts device financing terms strictly up until 24 months.
The CRTC has previously stated that extending device financing beyond this period violates these guidelines—especially when other Canadian carriers began offering plans stretching up into three years. Nevertheless, Freedom may find ways around these restrictions by dividing payments into separate contracts instead of extending one single term.
A Trend Among Carriers: Following Bell's Lead
Interestingly enough, Freedom's introduction of MyTab+ mirrors similar moves made by other telecom companies like Bell which launched its own Flex Option back in September 2025. Bell's Flex Option gives users an prospect after completing their original two-year agreement: they can convert any remaining balance owed from returning devices into manageable twelve-month payment plans rather.
This trend indicates growing recognition among carriers about consumer preferences towards flexible financing options when acquiring mobile devices—a shift likely driven by customer demand for more adaptable solutions tailored around individual needs rather than rigid structures imposed upon them previously.
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