A number of Britons are ditching contract phones in favour of a pay as you go (PAYG) deals, according to research...
by a UK money-saving website.
Voucher Codes Pro surveyed more than 2000 UK adults and found 51% opted for PAYG rather than a long-term contract.
The survey also found 12% of people had both a PAYG phone and a contract phone, with 87% claiming their second phone was for work.
According to the results, of those with a PAYG deal, 44% recently switched from a contract. The main reason cited was to save money as their contract required them to pay more than they felt they were using.
However, Voucher Codes Pro found that those using PAYG tariffs were likely to spend more than those on contract. The research showed they spent at least £11 more per month on average than those with contracts, amounting to £132 a year.
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George Charles, spokesperson for VoucherCodesPro.co.uk, said: “People clearly think that having a PAYG mobile phone will save them money, but our research has shown quite the opposite.
“The thing with PAYG handsets is that you can often get packages and deals that offer benefits such as free weekend calls, or free text messages, but unless you find one that suits your usage, you’ll end up topping your phone up more regularly than you think.”