While you still receive a handset as part of your contract, the monthly handset repayments are smaller as you’re only leasing the handset, not paying to own it.
Not all mobile providers offer leasing plans at this stage.
A SIM only plan provides you with a SIM card with a set amount of mobile data, talk time and text.
Some providers may offer other inclusions, such as free access to different apps and services depending on their agreements.
The SIM can then be used in your own ‘BYO’ mobile handset, provided it’s unlocked for use on any network.
SIM only plans are often cheaper than mobile phone plans, as your monthly charge doesn’t include the cost of a new handset.
In some circumstances, such as recontracting to a new plan with the same provider, these charges may be waived If your plan includes repayments for a mobile phone handset, you’ll need to repay the remaining cost of your handset, which is generally a separate charge to the Early Termination Fee.
To find out more, review your plan’s Critical Information Summary, which can be found on your provider’s website.
Depending on your individual provider, there may be the option of signing up for a month-to-month (casual), 12-month or 24-month plan.
Mobile coverage can be affected by a number of factors, including technology, radio frequency, and geography.