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02 Tarriffs

I am looking to end my contract with 02 early. In order to keep the cost to a minimum I want to lower my current tarriff. Does anyone know how I go about this?

Comments

  • DarkConvict
    DarkConvict Posts: 6,338 Forumite
    1,000 Posts Combo Breaker
    If you cancel your contract you will pay the amount on what tariff you took it out on, not what you have now.
    So lowering it will reduce your monthly bill until the end, but if you cancel early you still pay the full amount.

    24months @ £40 = £960
    After 12 months you drop to £20 and try and cancel, you will be charged
    12 * 40 = £480.

    If you wish to lower your tariff just ring 02 and they usually let you drop down a single tariff (i.e. £40 to £35) after 9/12/18 months depending on the full length of your contract. And then you can try again each month after to try and drop down further.
    Although no trees were harmed during the creation of this post, a large number of electrons were greatly inconvenienced.

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  • almillar
    almillar Posts: 8,621 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Yes, try to get them to lower your tariff, as ending you contract early will involve paying the rest of the line rental that you committed to at the start. Whether/how much you can lower the tariff by depends on how far into contract you are.
    If you are genuinely having difficulty making the payments tell them and see what they can do.
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