Pay Monthly vs. Pay As You Go vs. Sim Only

There are three types of phone deals available in the market. Each deal has its own set of advantages and disadvantages. One type of deal may be best for others but not necessarily for you. To know which type is suitable for meeting your mobile phone needs, here’s a quick overview of the three deals:

Pay Monthly Deals

Pay monthly deals are deals where you are required to pay a fixed monthly fee. This fee covers the cost of your handset, which comes with the contract, and the phone tariff for your call, text and data services. In general, pay monthly deals last for 18 or 24 months.

Pay monthly deals are perfect for heavy mobile phone users. It is also ideal if you’re looking to own the latest handset but don’t want to pay for it upfront. Just remember that going this route means you’ll be hooked to a lengthy contract. There’s also the tendency to overspend on your contract especially if you chose a plan that isn’t in sync with your needs.

Pay As You Go (PAYG)

With pay as you go or PAYG, you don’t have to worry about fixed monthly fees. Instead,you’ll need to top up your phone with credit every time you need to call, text or use mobile data. The best thing about PAYG deals is the greater control you have over your phone bill. You only pay for what you will use but you also pay for regular rates on your services. You still get to save money in any case if the deal is perfect for your needs.

For this type of deal, you should already have your own handset. It is also the ideal option if you are a light user and you rarely rely on your phone for everyday communication.

Sim Only Deals

If you have a handset that is working perfectly, Sim only deals may be the best option for you to check out. With this type of deals, you won’t need to pay for a handset on a monthly basis. You only pay for your call, text and data services hence a significantly lower monthly fee. Most providers also offer Sim only deals with no lock in period. If after a month and you’re not satisfied, you can opt out of the contract.

Sim only deals are suitable for those who are only after the cheaper rates on call, text and data. To compare the best Sim only deals, click here.