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o2 My handy: pros and cons of hire-purchase for Smartphones

  • May 16, 2024
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The telecommunications provider o2 offers under the Label of "My cell phone" the opportunity to pay for their Smartphone in Installments. Be offered to you by o2, the two financing plans.

The advantage of the o2 offer "My cell phone"

The conventional variant, certainly, everyone knows: if you conclude a mobile phone contract and get a cell phone to better conditions, however, this is usually provided with a two-year SIM-Lock. The model "My phone" from o2, on the other hand is completely different.
  • This begins so that you can acquire the Smartphone is completely independent of a mobile phone contract.
  • The phone comes without SIM Lock or Branding. You can use it, so, for example, with a Prepaid card and not have to commit to a long-term mobile phone contract.
  • As a Finance o2 offers payment in installments. You can clear between a 12-month and 24-month term, choose. Alternatively, you also have the opportunity to pay the entire remaining amount at once.
  • The monthly installment payment is, of course, also according to the value of the selected Smartphones, and the duration of the contract. The Rates are on average about 25 euros a month, but can go up to 40 Euro.
  • In addition, you usually pay a Deposit, which moves in the frame from one to 49 Euro, depending on the Smartphone.
  • Your old cell phone takes o2 in payment, if you want to. So, you can press the Rates again down.
  • The financing plan also includes a cell phone insurance in the two versions basic and Premium. The insurance is not mandatory, but an additional offer. You fail at the basic Version with 6.95 euros and in the Premium variant, with 8,95 € a month-to-book (as of Jan. 2014).
  • The Smartphone offer at "My phone" leaves little to be desired. All of the well-known and coveted brands such as Samsung, Sony, HTC, Nokia, LG and of course Apple are represented.
The Smartphone offering from o2

The disadvantages of the "My phone"

The disadvantages are enumerated in the "My handy"model quickly: basically, there is no. Of course, there can be providers that identical Smartphones already offer - but without a possible payment in installments. As long as you keep to the agreed payments, you will have with o2 the "My phone" no problems.
Other ways, inexpensive on your dream phone to come, we have here brought together.

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