Is there a catch to taking out this deal with O2?

Pessimist · 12-09-2014, 18:40

I was thinking of getting an iPhone 6 plus, and was put off by the price rage, £700 for 64GB! Anyway, I was looking at contracts with O2, and noticed that you could get a 24 month 4G contract + everything else unlimited and pay about the same price as if you've just bought the phone sim-free and nothing else.

If you're paying the same price as the sim-free phone and there are no extras, how do O2 make any money from this?

Magic Cottage · 12-09-2014, 19:14

I think you'll find that might be on their Refresh contract. You pay a small monthly airtime contract and you then pay for the phone on a credit agreement over 24 months. If you want to upgrade within that 24 months you just pay up the balance and then start all over again with the upgrade.

Pessimist · 12-09-2014, 19:26

Quote:

Originally Posted by Magic Cottage

I think you'll find that might be on their Refresh contract. You pay a small monthly airtime contract and you then pay for the phone on a credit agreement over 24 months. If you want to upgrade within that 24 months you just pay up the balance and then start all over again with the upgrade.

Oh ok, I just looked over the website again and you're right. The representative example they have only covers the cost of the device and the cost of using the phone is separate. I need to read things more carefully next time.

Magic Cottage · 12-09-2014, 19:28

Quote:

Originally Posted by Pessimist

Oh ok, I just looked over the website again and you're right. The representative example they have only covers the cost of the device and the cost of using the phone is separate. I need to read things more carefully next time.

That's OK. I think we're all guilty of only seeing what you want to see sometimes!

gdjman68wasdigi · 05-12-2014, 19:51

Quote:

Originally Posted by Magic Cottage

I think you'll find that might be on their Refresh contract. You pay a small monthly airtime contract and you then pay for the phone on a credit agreement over 24 months. If you want to upgrade within that 24 months you just pay up the balance and then start all over again with the upgrade.

I'm on refresh and I hate it...

I have the 6, I would sooner just have a bill as opposed to it being seperate

finbaar · 06-12-2014, 20:57

Quote:

Originally Posted by gdjman68wasdigi

I'm on refresh and I hate it...

I have the 6, I would sooner just have a bill as opposed to it being seperate

Refresh isn't meant to be used long term. You are only supposed to use it to grab a bargain , they had the Lumia 1020 last week for £150, the pay off the balance and cancel the the airtime contract.

Anika Hanson · 06-12-2014, 22:16

I'm on my third refresh plan. I've paid off two and took out my third a few weeks ago and got the iPhone 6 plus. If you pay it off before the end of the two years it's cheaper than letting it run it's course.

12-09-2014, 18:40	#1
Pessimist Forum Member Join Date: Jul 2012 Posts: 44	Is there a catch to taking out this deal with O2? I was thinking of getting an iPhone 6 plus, and was put off by the price rage, £700 for 64GB! Anyway, I was looking at contracts with O2, and noticed that you could get a 24 month 4G contract + everything else unlimited and pay about the same price as if you've just bought the phone sim-free and nothing else. If you're paying the same price as the sim-free phone and there are no extras, how do O2 make any money from this?

12-09-2014, 19:14	#2
Magic Cottage Guest Join Date: Nov 2004 Posts: 2,663	I think you'll find that might be on their Refresh contract. You pay a small monthly airtime contract and you then pay for the phone on a credit agreement over 24 months. If you want to upgrade within that 24 months you just pay up the balance and then start all over again with the upgrade.

12-09-2014, 19:26	#3
Pessimist Forum Member Join Date: Jul 2012 Posts: 44	Quote: Originally Posted by Magic Cottage I think you'll find that might be on their Refresh contract. You pay a small monthly airtime contract and you then pay for the phone on a credit agreement over 24 months. If you want to upgrade within that 24 months you just pay up the balance and then start all over again with the upgrade. Oh ok, I just looked over the website again and you're right. The representative example they have only covers the cost of the device and the cost of using the phone is separate. I need to read things more carefully next time.

12-09-2014, 19:28	#4
Magic Cottage Guest Join Date: Nov 2004 Posts: 2,663	Quote: Originally Posted by Pessimist Oh ok, I just looked over the website again and you're right. The representative example they have only covers the cost of the device and the cost of using the phone is separate. I need to read things more carefully next time. That's OK. I think we're all guilty of only seeing what you want to see sometimes!

05-12-2014, 19:51	#5
gdjman68wasdigi Forum Member Join Date: Feb 2011 Location: Liverpool/sarf London. Posts: 11,759	Quote: Originally Posted by Magic Cottage I think you'll find that might be on their Refresh contract. You pay a small monthly airtime contract and you then pay for the phone on a credit agreement over 24 months. If you want to upgrade within that 24 months you just pay up the balance and then start all over again with the upgrade. I'm on refresh and I hate it... I have the 6, I would sooner just have a bill as opposed to it being seperate

06-12-2014, 20:57	#6
finbaar Forum Member Join Date: Nov 2009 Posts: 3,921	Quote: Originally Posted by gdjman68wasdigi I'm on refresh and I hate it... I have the 6, I would sooner just have a bill as opposed to it being seperate Refresh isn't meant to be used long term. You are only supposed to use it to grab a bargain , they had the Lumia 1020 last week for £150, the pay off the balance and cancel the the airtime contract.

06-12-2014, 22:16	#7
Anika Hanson Forum Member Join Date: Dec 2008 Location: UK Posts: 14,219	I'm on my third refresh plan. I've paid off two and took out my third a few weeks ago and got the iPhone 6 plus. If you pay it off before the end of the two years it's cheaper than letting it run it's course.

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Is there a catch to taking out this deal with O2?