Telecom Deferred Payments for Phones less than $500?

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beforenightfalls

185 posts

Master Geek

#61680 21-May-2010 12:17

I went to my telecom store today to sign up for a new contract and get a new phone, I had been told over the phone by telecom that I could spread the cost of the phone over a year (she didn't mention anything about it having to be worth more than a certain amount). The phone I want originally costs $400 but comes at a special price with this contract. The guy in the shop said the phone had to be worth more than $500 to spread the payments. Has anyone got a phone less than $500 recently with XT and spread the payments over a year? Cheers.

allan

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#332910 21-May-2010 13:07

Not spread payments, but was offered to charge a $499 phone to my Telecom home bill.

beforenightfalls

185 posts

Master Geek

#332916 21-May-2010 13:15

in the brochure i picked up it says you can spread the payments over 12 months if the phone is worth $450 or more. we'll see how it works out, maybe they might let us spread the payments even though its worth $400. otherwise both of us will end up moving to vodafone no doubt. spreading the payments is a good reason to stay with telecom as vodafone don't offer that.

pageweon

393 posts

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#333023 21-May-2010 16:14

12 month deferred term is only available on phones tha have a rrp of $449 or higher and its only available for a new connection or resign of contract

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beforenightfalls

185 posts

Master Geek

#333037 21-May-2010 16:41

It wasn't like that beforem they've changed things recently I think. Well I've been speaking to Telecom and they have been kind enough to offer me the phone I wanted for free as it wouldn't be possible to set up the deferred payments on a $400 phone. That is pretty good of them, not sure Vodafone would have done the same.

old3eyes

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#333112 21-May-2010 19:18

Was this deferred payment via a Telecom account?? We bought a R7 @$299 last year and paid it off over 12 months. Well it's still got 2 months to go..

Regards,

Old3eyes

beforenightfalls

185 posts

Master Geek

#333114 21-May-2010 19:29

yes it was and we got one 2 years ago for a similar price and paid off over 12months. they've changed the rules now though so the phone has to be worth more than $450 to add it to your account to pay off over 12months. not ideal!

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old3eyes

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#333364 22-May-2010 19:56

beforenightfalls: yes it was and we got one 2 years ago for a similar price and paid off over 12months. they've changed the rules now though so the phone has to be worth more than $450 to add it to your account to pay off over 12months. not ideal!

Yep. Not ideal.. You reading this NealR??

Regards,

Old3eyes

PhoenixNZ

52 posts

Master Geek

#333382 22-May-2010 20:25

Its a simple matter of cost vs benefit. Telecom is essentially paying interest for that deferred payment as they offer it interest free to customers. In a world of tightening credit it only makes sense that they keep those sorts of options for higher priced phones.

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