o2 contract winding down advice.

drewziph

Hi all.
I'm on a 2 year unlim data Iphone 3g contract from o2. taken out in Aug 09, o2 states my renewal date as 6th Aug 2011. Its the £35 500texts 600mins plan.

My iphone is now history and beyond repair, and I am looking at ways of getting a new phone.

I'm looking at lowering my tariff with o2 by £5 a month till it reaches as low as possible. Anyone know how low this can go? The idea behind this being freeing up say £15 and being able to afford a blackberry contract for the same price I am already paying, or just making the cancellation price significantly less in a few months.

My alternative is ringing o2 and see what I can get out of them in regards to signing up to a new contract from them with a new phone in return for me not cancelling the contract. Any advice on this or how to handle it?

Any feedback appreciated.

Drew

Exhortation

As far as I'm aware you can only change your O2 tariff once, which is at the halfway point. I also think you can only drop one tariff level.

gjchester

drewziph wrote: »

Hi all.
I'm on a 2 year unlim data Iphone 3g contract from o2. taken out in Aug 09, o2 states my renewal date as 6th Aug 2011. Its the £35
500texts 600mins plan.

[snip]

My alternative is ringing o2 and see what I can get out of them in regards to signing up to a new contract from them with a new phone in return for me not cancelling the contract. Any advice on this or how to handle it?

You are contracted to pay your line rental until August 2011. Thats 9 months at £35 pcm which comes in at £315. You can cancel the contract but you'll have to pay an early termination fee of somewhere around £250 ( £315 minus VAT and you may get a small discount).

They are unlikey to let you off this even if you offer to take out another contract.

Your options are either use the sim in another non iphone, buy an iPhone sim free, or used and on o2 and use this contract or pay off the contract and start another.

O2 may have some cheap refurbs they will sell you but only o2 say what they have or not.

Wintermute

Exhortation wrote: »

As far as I'm aware you can only change your O2 tariff once, which is at the halfway point. I also think you can only drop one tariff level.

Assuming drewziph is on the same tariff he signed up for he'll be able to lower it down twice, once to £30 where he'll be moving onto the new tariff with new T&C then once again bringing him down to £25 and that'll be the lowest he'll be able to lower his tariff.

You wont be able to get very far threatening to cancel as you're effectively offering them money for nothing.

Orrin

drewziph wrote: »

My alternative is ringing o2 and see what I can get out of them in regards to signing up to a new contract from them with a new phone in return for me not cancelling the contract. Any advice on this or how to handle it

I've not tried this with O2 but with Vodafone in the past when I've wanted to upgrade mid-contract they have offered a new handset (usually something they want to get rid of) in return for a 6 month contract extension.

It won't hurt to ask of course but I wouldn't expect too much from them.

lauzt1987

Exhortation wrote: »

As far as I'm aware you can only change your O2 tariff once, which is at the halfway point. I also think you can only drop one tariff level.

You can chnager your tariff at the halfway point, reducing it by one level, and then continue to reduce it one level per month until you reach your desired tariff.