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Mobile phone contract loophole

Hello. I have three months remaining on my contract, and I can upgrade for free to a contract at the same value or higher without paying an early upgrade fee (which is usually the value of the remaining months payable). 

Would I be able to upgrade to a new contract and then cancel within the cooling off period to avoid the remaining few months of my contract? Or could a provider then chase me up for those last few months?

Comments

  • user1977
    user1977 Posts: 18,179 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    Cancelling the new contract would (probably) only mean that the new contract doesn't kick in, not waive whatever you were still due to pay under the existing contract. But depends on the terms, which we can't see from here...
  • Carrot007
    Carrot007 Posts: 4,534 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Upgrading on the same network thery are not required to give you a cooling off period.

    But some might revert the contract to the old one if asked in the 14 days.

    You are not going to be better off and will probably be worse off. Do try and report back there though.

  • Alderbank
    Alderbank Posts: 4,044 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    The 4 major carriers (EE, O2, Three and Vodafone) each have their own different terms, and the dozens of virtual network operators like giffgaff, Tesco mobile, etc. also have different terms.
    Added to that, different plans within the same carrier often have different terms as well.
    Very roughly speaking, the cheaper the plan the more restrictions there are.
  • Noraw10
    Noraw10 Posts: 8 Forumite
    Second Anniversary First Post
    Thanks all. Admittedly haven't read all the terms. I don't think I'll try as it's a risk to be landed with a new, unwanted 24m contract. Just wondered if I was on to something..
  • nyermen
    nyermen Posts: 1,140 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    Where they let you upgrade early, don't they add the remaining term on? Eg. upgrade 3 months early = 27m contract?

    That said - yes, i understand the new contract would have a term something like that it resorts back to the old one if cancelled (eg. some sort of variation agreement clause). Not a lawyer, but I sit opposite the commercial ops team in the office who get this sort of thing regularly.
    Peter

    Debt free - finally finished paying off £20k + Interest.
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