MOBILE phone users should think twice before rushing to upgrade their device because there’s plenty of razor-sharp deals offering excellent value.
Big companies including Apple and Samsung regularly roll out new phones but experts say you can save a packet if you hold onto your existing handset.
While the nation’s biggest telcos Telstra, Optus and Vodafone often sign up customers to deals including a device, there are many options for customers who already have a working phone.
Mastercard’s move to protect your banking information
A new analysis by financial comparison website Finder.com.au has found for BYO-device deals there are stellar offers — some for as little $25 per month for 10GB of data and unlimited calls and texts.
But some 10GB SIM-only deals including a device can cost up to $85 per month.
Moose Mobile chief executive officer Dean Lwin said the telco market was incredibly competitive, which was resulting in customers being able to nab cheaper deals.
“Pricing is definitely getting lower and data inclusions are increasing all the time. They are constantly getting better for consumers,” he said.
“There’s not much new in the world of mobile handsets, so if you have a phone that’s, say, three or four years old then there’s not a lot of difference between that and the latest model.”
10 GB plans
Mr Lwin warned customers to make sure they knew when their telco contract expired because they could end up paying the same amount despite the device being paid off in full.
Many SIM-only deals also allow customers to pay month-by-month instead of being locked into a contract. This gives the user great flexibility if they want to chase a better deal elsewhere.
Finder.com.au spokesman Alex Kidman said if customers had a phone that was in good nick they should “hold onto it and sign up to a cheaper plan.”
“You will easily save a couple of hundred dollars per year,” he said.
“Set yourself a reminder for when your contract is up and switch to a better deal after two years.”
Amaysim’s chief executive officer, Peter O’Connell, warned that before locking into a contract people should “do your homework and make sure the plan works for you”.
“The best reason to opt for a SIM-only plan is that there’s a no lock-in contract,” he said.
“Should you need to dial your data allowance up or down, or find another plan that you love, you have the flexibility to simply switch plans at any time.”
TOP 10GB PHONE DEALS
1. Moose Mobile, uses Optus 4G network, $25
2. Jeenee Mobile, uses Optus 4G network, $25
3. Ovo Medium, use Optus 4G network, $29.95.
* Includes unlimited calls and texts.