Getting a new phone is exciting, but don’t get so carried away that you forget to find out all about the contract. Mobile phone contracts can be complex, so follow this guide to make sure you’re not caught out by a bad deal.
It sounds obvious – but are you signing up for a phone network provider with poor signal in your area? Check first!
Your Monthly Subscription
Before signing a contract, always check that your monthly subscription fee is clear. The amount you pay can be fixed, tiered, or variable, so also be sure you know the difference. Fixed means paying the same amount every month for the length of the contract, tiered means that it can go up or down after a certain amount of months, and variable gives the provider the right to increase the price anytime.
Charges for Leaving
Always check what the penalty for leaving or terminating a contract is. It can be helpful to check price comparison websites first.
Check the Tariff
There is no point in paying for a tariff offering you 500 minutes of talk time a month if you only ever use your phone for texting. More than half of us pay too much for out contracts, through over estimating our usage. So always work out what you actually need first.
When you buy a new phone, remember that you do not have to take out mobile phone insurance with the phone provider. This is normally the most expensive way to insure your phone.