upgrade fee

Cost for better

An upgrade fee is a charge for moving to a better version of a product or service—a higher tier of subscription, a newer phone model, or a premium seat on a flight.

The fee covers administrative costs or captures value from the improvement: The carrier charges a $35 upgrade fee when you switch to the latest device.

Opposites
fee direction/charge type

upgrade feefree upgrade

Costless service improvement

refund · rebate · credit · cashback · discount

service tier movement

upgrade feeearly termination fee

Cost for ending contract prematurely

cancellation fee · termination fee

cost versus benefit

upgrade feefree upgrade

Costless service improvement

loyalty reward · bonus · perk · waived fee

Family

upgrade, fee, grade, fees, upgrades, upgraded, upgrading, upgradable, graded

Familiarity
Top 500,000
Profile
Known to kids · Used worldwide · Timeless · Negative · Everyday, not technical · Rated G