Quick Answer: What Happens When Your Mobile Phone Contract Ends?

Will my cell phone bill go down after 2 years?

After your two-year term expires, you plan theoretically should reduce in price, since the phone has been paid off.

But this is not the case and does not happen automatically if you’re a customer on Rogers, Telus and Bell..

What happens when a contract expires?

If they continue to perform the subject matter of an expired contract there are three possible legal outcomes: There is a new contract; The old contract continues on the same or varied terms; or. There is no contract ‒ just a duty to pay a reasonable sum.

Should you pay your phone off?

It’s not a rule that paying the phone off will save you money but it’s a good guideline for old contracted plans. I agree that most and larger savings happen on pay as you go and/or other carriers. Single lines on large carriers tend to be more expensive. That’s just the way things go.

Do you keep your phone after contract ends?

You don’t actually have to do anything when your contract ends, but if you don’t then you’ll typically keep paying the same price for the same allowances. … Depending on your network the phone payments may automatically stop, bringing you down to a lower monthly price.

Do I own my phone after 24 months?

Typically the cost of your phone is divided over 24 months. As long as you still owe money on your phone, you can’t leave your carrier. When you’ve paid the phone off, you own it. Unlike the subsidy model, this usually also means your monthly bill is cheaper once your phone is paid off.

Can I keep my phone number with a sim only deal?

Can I keep my number on SIM only? If you want to move to a SIM only deal on another network, you can still keep your mobile number. The same process applies whatever kind of plan you choose, from SIM only to pay monthly.

How long does a SIM only contract last?

12 monthsContract SIM-only deals are often the most cost-effective plans available. Most networks would prefer you stick with them for as long as possible, so in return for your loyalty they offer better rates. SIM-only contracts typically last 12 months, though some providers also offer longer terms.

What happens if you don’t pay your phone contract?

If you don’t pay your mobile phone contract, your account will go into arrears. Your mobile provider could cut your phone off so you’re unable to make or receive calls. If you don’t take steps to deal with the debt, your account will default and the contract will be cancelled.

How do you know when your phone contract ends?

You can check your contract status by asking your provider – over the phone or livechat – or by logging into your account online. You may also be able to find your contract end date via your provider’s app (if you have downloaded it), by checking a bill, or looking through correspondence with your provider.

Can you pay off a phone contract early?

Unfortunately, if you decide to cancel your contract, you’ll probably end up having to pay an early termination fee. Typically, this early exit fee will mean having to pay off the remainder of your contract in one lump sum, which is a lot to find in one go, particularly if you then want to splurge on a newer handset.

Is it better to buy your phone outright?

Whether you switch to a prepaid plan or negotiate a better deal for your post-paid plan, you can probably save considerable bucks if you can separate then cost of a phone from the cost of your call, texts, and data use. … If you can afford to buy a phone outright, make sure it’s an unlocked one, Moore-Crispin said.

What happens when Sim only contract ends?

Moving to SIM only after your contract ends is simple. All you’ll need to do is choose a package, wait for your new SIM to arrive and then pop it into your handset to start using it. You can even keep your old number when you move simply by asking for your PAC code when you switch providers.

Can I sell my contract phone?

When you buy a phone on contract, the network has essentially given you the cash to pay for it. This cost is rolled into your monthly bills. … This means you don’t actually own the phone until you’ve paid off the handset part of your contract, which means you can’t sell it.

What happens when EE phone contract ends?

If you want to cancel your contract and switch providers at the end of your plan, you’ll need to request a PAC from us to give to your new provider. If you do nothing you’ll move on to a 30-day rolling plan and pay the same as you’re paying now. Alternatively, you can upgrade or move onto a SIM Only plan.