PRE PAID PHONES FREE

If you want to try a new cellular service, you’re free to make the switch at any time. With prepaid plans, there aren’t contracts to hold you back. This fee often makes it impossible to leave before your contract is up because the cost is simply too high. If you want to switch carriers for better service or to save money, you typically pay a termination fee or have to buy out your contract before leaving. FlexibilityĪnother advantage of using a prepaid phone plan is flexibility. Plus, many prepaid plans don’t charge an activation fee, so you don’t have to worry about an expensive first month. There may be exceptions, but on average, prepaid phone plans are almost always cheaper than their contract equivalent. Additionally, if you don’t need unlimited data, you can find prepaid options that are even cheaper compared to their contract plan counterparts. Its unlimited prepaid phone plan is $60 per month, which is $120 per year in savings for the same services. You can also find plans that offer unlimited calling and data if that’s what you need.įor example, Verizon’s unlimited talk, text, and data plan is $70 per month for an annual contract. If you only text, SMS-only plans are available. With a prepaid service, you have the freedom to buy exactly what you need. The main advantage of prepaid phone plans over contract plans is lower pricing. If you want to save money on a tight budget, prepaid carriers might be your best option. However, there are several advantages of prepaid cellphone plans that also cut costs. The differences between prepaid and contract cellphone plans might seem irrelevant. The cost of your phone hardware is usually built into your monthly bill even though many contract phone plans advertise new phones as being $0. Plans are typically two years long, and you choose from a variety of monthly plans that include different amounts of talk, text, and data. In contrast, contract cellphone plans are more rigid arrangements that are common with major service providers like AT&T, T-Mobile, and Verizon. When you run out, you have to wait until the next month for your minutes, texting, and data limits to refresh unless you buy more during the month to hold you over. You pay upfront for your monthly phone usage, deciding how many minutes, texts, and gigabytes (GB) of data you think you’ll use. Additionally, you might hear the terms “prepaid,” “postpaid,” and “no-contract” plans thrown around.Ī prepaid phone plan is what it sounds like. If you haven’t done a lot of cellphone shopping, it’s easy to get confused when searching for your next plan. Contract Cellphone Plans - What’s The Difference? For $79 (or just $1.52 per week), join more than 1 million members and don't miss their upcoming stock picks. Motley Fool Stock Advisor recommendations have an average return of 372%.

Pre paid phones