What are the Three Types of Phone Deals?

With so many phone deals available in the market, how do you know which one is perfect for your needs? You need to start by differentiating the three major types available in the UK market today.

Pay monthly contracts

The most popular phone deal choice for majority of users in the market is pay monthly contracts. This is perfect for people who want the latest handset but can't pay for it upfront. This type of deal lets you choose a handset alongside a phone tariff at a monthly fee for the next 12, 18 or 24 months. To make sure the deal counts, the trick is to pick the phone tariff that suits your needs to a tee.

Pay as you go (PAYG)

If a lengthy phone contract is not what you want, you can check out Pay as you go deals or PAYG. As the name suggests, PAYG requires you to top up your phone with credit in advance before you can use your phone services. Once the credit has been used up, you need to top up again to continue using the services. PAYG is perfect for light users who only occasionally use their phones communication or Internet browsing. With PAYG, you'll have more control of your phone bill because you only top up when needed.

Sim only contracts

Sim only contracts, on one hand, are like pay monthly contracts only that the monthly fee is significantly cheaper and the contract term shorter. With this type of phone deal, you'll only get the Sim card which means you need to have a handset ready if you want to go this route. Since there's no handset involved in the picture, you'll only pay a fixed monthly fee for your phone bundle which cover your call, text and data allowance per month.