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Money for Life work in partnership with the Money Advice Service, an independent organisation set up by government. Money AdviceService provides free, unbiased money guidance across the UK to help people make the most of their money.  If you have a question or need help, you can chat to them here.

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Chat to the Money Advice Service
Monday to Friday, 8am to 6pm
Saturday, 9am to 1pm.

 

How can I save money on my phone bill?

Have you ever been a victim of bill shock? Have you been stuck having to pay ridiculous fees you didn’t even know existed?

Mobile plans can be complicated to understand especially when you’re upgrading or taking out a contract for the first time.

Many providers can offer deals which sound sweet at first. But it can all turn horribly wrong if you’re not careful when reading those hidden terms and conditions. That’s why we’ve put together a list of 5 things to look out for…

Too much insurance

I know what you’re thinking…how can you ever have too much right? While mobile insurance can be valuable for the obvious reasons such as damages or theft, you may already qualify for this through your bank without even knowing. If you have a credit card, check whether your benefits package extends to having free phone warranty.  Also renters’ insurance often covers mobile devices, depending on your policy. Check your terms – you could make a huge saving!

Late payment fees

We’ve all been there. Whether it’s because you’re short of cash or you simply lose track of the month – late payment fees aren’t uncommon. Most providers will add a onetime fee of around £5-£10 if your payment is late. But this can still feel like a huge amount if your monthly bill is already high. So to avoid any pitfalls, set up a direct debit so you can pay it off as soon as possible. If you’re still struggling with your bill after this, then take our quiz to see how you could better manage your money.

International calls

Do you have family and friends overseas? Keep an eye out for plans where international calls are restricted to landlines only in selected countries, or where you have to pay additional charges to mobiles. Better yet, using your data (e.g. Whatsapp/Skype/Facebook messenger) to call instead of your minutes could keep your bill down.

Roaming Charges

Roaming is when you use your phone to make calls, send SMS/MMS or use the internet (not wifi) while in another country. If you’re an avid traveller, then it’s important you check you’re this part of your plan. If costs are high, buy a local SIM in the country you’re travelling to as it’s usually the cheapest option. Check if your accommodation has free WIFI and save uploading your pictures and videos until you have free access.

Hidden discounts

Mobile phone providers typically have online exclusive offers that you wouldn’t necessarily hear about in store or on the phone. So if you’re looking to shop around and find the best deals, be sure to check and compare on all websites so you know what your options are!

Just remember, no matter how tempting a deal seems, the terms and conditions of your plan are covered in the contract. Always check the small print before signing and don’t rely on someone else to explain them to you. For more money advice tips, check our website and follow us @MoneyForLife on Twitter, Facebook and Instagram.

Chat

Money for Life work in partnership with the Money Advice Service, an independent organisation set up by government. Money AdviceService provides free, unbiased money guidance across the UK to help people make the most of their money.  If you have a question or need help, you can chat to them here.

Launch Chat

Chat to the Money Advice Service
Monday to Friday, 8am to 6pm
Saturday, 9am to 1pm.