Contract vs. Pay as You Go

There are many pros and cons associated with buying a cell phone, whether it is Contract or Pay as You Go. In UK, Pay as You Go has been very popular now that the mobile operators have realized that it is a realistic solution to draw in a younger market. Most of the Pay as You Go options that I am aware of in the US are quite frankly ludicrous due to the fact that the operator who supply them are still trying to take too much of a cut. Take for example this section from Verizon Wireless' Pay as You Go small print:

Ninety-nine cents daily access will be charged and deducted from your account even on days you do not make or receive calls. Verizon Wireless will suspend service if you do not have the ninety-nine cents required for your daily access, when your account balance reaches zero dollars or your account balance reaches the expiration date. Unlimited IN and Night minutes not available when your account balance has been suspended and subject to termination, at which time Verizon Wireless may charge up to thirty-five dollars activation fee to re-establish service. Any balance remaining at expiration will be removed from the account. The INpulse card is not valid unless initialized by the date on the back of the setup card. Service availability depends on the phone model.

Unfortunately, INpulse pricing is not available with analog-only phones. Voice mail setup and retrievals are billed at regular INpulse rates and will deplete minute allowance when calling from your wireless phone. Charge per call for 411 Connect may vary when not on the Verizon Wireless INpulse Coverage Area. Restrictions and limitations may apply. Automatic connection and enhanced services are not guaranteed at all times or in all areas and rates may vary when roaming on another carrier. For connected calls, the part of the call that occurs prior to connection may have different rates from the part of the call that occurs after connection. Additional toll/long distance charges may apply. You can make three requests per call and get automatic call completion for one requested telephone number at no extra charge.

Using Get It Now, download charges may apply to application download. Airtime charges apply to application downloads and use of some applications. Use of Get It Now is subject to the Get It Now License and User Agreements. See Verizon's website for more information on Get It Now. You may be charged for downloading Get It Now applications. Charges vary by application and applications vary by phone. Get It Now-enabled phone is required and may require a connection in the INpulse All-Digital Rate and Coverage Area. Coverage limitations in maps at Verizon's website. Where applicable, airtime, roaming and other charges may apply when browsing, downloading, using and removing certain applications. Subject to Get It Now Agreements. Existing Verizon Wireless prepay customers will forfeit any unused bonus minutes in their account when changing to the INpulse Calling Plan.

There are far to many extra cost associated with this, that in the end you would probably end up paying out more than you would on a low monthly contract. I would sugest that you take a look at the contract phones available to you from different operators, I know that Verizon has very good coverage right accros the US, there are some very resonably priced deals available that would be a lot less hassle and, in the long run cheaper than the Pay as You Go option.

Information and Articles: http://www.mastersmba.com

Providing Information on various topics, please browse our other Articles for more informative resources, we house information on every topic imaginable so regardless of your needs you can be assured to find the answer here. If you wish to reprint this on your own website, simply click the "Web Version" in the right menu, and you are presented with a pre-formatted document to use.

A lot of the information is written by the Master Article team, and published exclusively on the MastersMBA.com website, and we do our best to research all information to ensure it's as accurate as possible. However at times we also publish documents given to us by other sources, we do examine these documents to ensure they are as accurate and correct as possible however at times they discuss highly specialized fields making it hard to authenticate the validity of every fact in the document. These are written by specialists in their respective fields, and we do trust their integrity and judgment however it's always a good idea when doing any research to consult a number of sources and form your own conclusion based on a number of view points. Also if you are looking for Google Chrome Extensions you can check out that link.