If you are wrestling with the decision as to whether you should choose a prepaid phone (or pay as you go) or sign a cell phone contract, if you need to know the differences and pros and cons of prepaid cell phone plans, you’ve come to the right page. At Comparemyrates.ca, we have researched some of the pros and cons to provide you with information when making the decision of getting a prepaid cell phone or a contract.
No billing so pay close attention, there may be a monthly limit on minutes that are required.
Buying credits usually have an expiry and from 30 to 90 days. Know the date of expiry so you don’t end up losing credits
Few, if any, deals or specials
No Bundles on text, talk and data, or can’t bundle other services the company offers such as internet, cable or phone.
No multiple user plans
Many plans now offer unlimited calls or text, but with the prepaid, the cost per minute fluctuates with the day and time. You need to be conscious of this if you don’t want to put out too much money so need to plan your calls or do some clock watching to find out when to place your call.