Price hikes are not uncommon in the mobile phone contract industry. With the recent news of Ofcom raising the annual charges for carriers, subscribers are alarmed at the potential price increase on their phone bills. If you’re a phone contract subscriber, there is no other way to take this news. It’s bad news whichever way you look at it.
Despite the possible price increase and other downsides, however, there is no denying the fact that phone contracts still offers a variety of advantages that still works with many subscribers. Among these advantages include:
When you get hooked to a phone contract, there’s one chief advantage you can immediately enjoy. You get a free handset, which you don’t have to purchase in cash up front. As part of the contract offer, you can choose a handset together with a contract plan, the cost of which is spread over the contract’s term usually over 12 months, 18 months or 24 months. This means you will be paying a monthly fee to cover both the phone and the phone bundle’s cost. Your phone bundle is what covers your call, text and data usage per month. Read more about this here.
Exciting handset choices
As a way to lure customers, major carriers in the UK always make sure that they include the latest handsets as part of their extensive mobile phone collection. If you’re hoping to own the latest iPhone, Samsung Galaxy or HTC phone, getting a contract is a cheap way to do so. You don’t have to buy the phone upfront. Instead, you pay for it in increments on a monthly installment basis. Provided that you have good credit and you can provide proof of income, availing the latest handset through a phone contract is as easy as it gets.
Contrary to what some experts say, the right phone contract plan can actually save you money in the long run. If you’re particularly a heavy mobile phone user, you can enjoy cheaper rates on your phone services with the right bundle plan. The trick is to make sure that you know your monthly phone usage so you can sign up for a contract that is perfectly tailored to meet your needs. When shopping around for a phone contract plan, don’t just focus on your handset choice but also on your bundle plan. Balance is the key to getting the most value out of your phone contract deal.
When you’ve committed to a 24-month contract with your carrier, you also get to enjoy access to exclusive promotions and incentives. If you’re mid way through your contract, for example, you can call customer service and ask about the latest promotions. If you’re eligible, chances are high that you might get additional minutes, texts and data on your current plan. If you’re close to ending your contract, you can also haggle for a better and cheaper deal. Speak with customer service and request for a better package. Otherwise, you might look elsewhere for a better deal. If you do this right, this haggling technique works like a charm.
If you’ve been with your carrier for quite some time, you may also be eligible for an upgrade option. For example, if you own the iPhone 6 and you want to upgrade to iPhone 6S, you can do so with a phone contract. You cannot do that with pay as you go. When you do upgrade, your fixed monthly fee may also increase but not necessarily if you learn some haggling skills. The best time to upgrade is when your contract is close to ending.