UK mobile carrier O2 has announced a new mobile contract called O2 Refresh, that is designed to let you update to the latest smartphone whenever you want. The contract will be available with the carrier on the 16th of April.
When a customer signs up to O2 Refresh, they choose a Phone Plan and an Airtime Plan. By signing up to and paying separately for their phone and airtime, customers are given complete transparency, while paying the same overall as they would on a standard 24 month Pay Monthly tariff.
How O2 Refresh Works
For those customers who want a new handset before the end of their contract term, O2 Refresh enables them to pay off the remainder of their Phone Plan and end their Airtime Plan with no termination fee. To make it even more affordable to get the latest smartphone, customers can trade in their old mobile for cash using O2 Recycle, getting up to £260 to put towards their new phone.
O2 Refresh is designed to offer flexibility and transparency, which are often lacking in traditional mobile contracts. By separating the cost of the phone from the cost of the airtime, customers can clearly see what they are paying for each component. This separation also means that once the phone is paid off, the monthly bill will decrease, reflecting only the cost of the airtime plan.
Benefits of O2 Refresh
One of the standout features of O2 Refresh is the ability to upgrade your phone at any time. In a typical mobile contract, customers are locked into a fixed term, usually 24 months, and cannot upgrade their handset without incurring hefty fees. With O2 Refresh, if you decide you want the latest smartphone, you simply pay off the remaining balance of your Phone Plan and you are free to start a new plan with a new device.
Additionally, O2 Recycle offers a convenient way to offset the cost of a new phone. By trading in an old device, customers can receive up to £260, which can be put towards the purchase of a new handset. This not only makes upgrading more affordable but also promotes environmentally friendly practices by encouraging the recycling of old devices.
For example, if you have an iPhone 11 and want to upgrade to the latest iPhone model, you can use O2 Recycle to trade in your old phone. The value you receive from the trade-in can significantly reduce the upfront cost of the new device, making it easier to stay current with the latest technology.
You can find out more details about O2 Refresh over at their website. We should have more details on the handsets that will be available when it launches next week.
Source O2
Latest Geeky Gadgets Deals
Disclosure: Some of our articles include affiliate links. If you buy something through one of these links, Geeky Gadgets may earn an affiliate commission. Learn about our Disclosure Policy.
