You have probably seen the news that mobile phone companies are increasing their prices. This is a massive blow for customers, who are seeing those costs rising by various percentages, some around 14%! On a £20 a month contract that is an extra £2.80 a month, or over £30 a year! When household budgets are stretched beyond belief, keeping an eye on the finances and finding ways to save money is critical. If you want to battle back against those prices, let's have a look at how to save money on your phone bill.
Check Your Contract
The first thing to do when you are looking at how to save money on your phone bill is to check your contract. If you are within your contract, those rises are likely within the allowance that prices can increase. It could give you an out to leave that contract though, so it's worth checking. You also need to see if you are still paying off a handset. Many of us pay more each month to get a free or more affordable phone upfront. Once that contract ends and the handset is effectively paid off, not many of us switched contracts. Meaning that you could still be paying £25 or more each month when you don't need to be. If you are out of contract, you don't want to be paying the price you were paying during the contract.
Switch To SIM Only
If you are one of those people who don't need a new handset and have paid off the one they have via a contract, rather than sticking with that same contract, you can switch to a SIM only deal. This means you will keep the handset you have, which is perfectly fine, and just pay for the data and minutes/texts that you use. You can get one of these SIM only deals for as little as £5 per month. You can even click through a cashback site to save even further! You can likely get more data allowance for a cheaper price compared to the contract you have been paying. If there is nothing wrong with your handset and you are happy to keep using it, going SIM only can give you what you need at a cut of the price!
Bundle Up
Did you know that you can potentially bundle up in order to save money on your phone bill? Lots of companies will bundle together a deal to incorporate broadband and mobile phone at a more attractive price than paying individually. You might even be able to get a good deal on a mobile phone if you are a customer of a company such as Sky or Virgin. Just as some car insurance companies give you discounts if you have more than one car insured with them, if you have multiple products from the same company, you will likely get a much better deal.
Use Apps To Save
We've mentioned cashback sites already, which can save you even more money on a new mobile phone contract. There is also a great app called Airtime Rewards which can help you pay your phone bill. You simply connect your banking cards to the apps and when you shop at certain retailers, you earn a percentage of cashback into your Airtime Rewards account. This can then be used to help pay your mobile phone bill. There are lots of retailers on there including Argos and Greggs and you can save money on your phone bill by simply buying the things you ordinarily would.
With the cost of everything going up, we need to find ways to save cash on those everyday things we buy and pay for. Follow these top tips to save money on your phone bill.
