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Salami

237 posts

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#171062 4-Apr-2015 01:13
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A really simple question but dont seem to know the answer and a bit confused

I plan to join the 5GB data $69 and currently on pay monthly.

If I don't opt in to trade my mobile do i pay the $120 fee + $29 + $124? and then $124 for the next 23 months?


What happens after 12 months and galaxy s7 comes out? Will I be able to trade in my s6 edge for a S7 when it comes out in 2017?Does that mean I have to break my contract ?


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2degreesCare
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2degrees

  #1277166 4-Apr-2015 16:33
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Hey Salami,

"If I don't opt in to trade my mobile do i pay the $120 fee + $29 + $124? and then $124 for the next 23 months?"

At sign-up for a Mobile Repayment Option (MRO) you're going to decide whether or not you want to opt in for Trade Up at an extra $10 per month for 12 months. Trade Up isn't available unless taken from the start of your MRO. If you don't take it, you'll pay $29 up-front (or more if you've got it, it'll make your monthly repayments less!) and then $69 plan + ~$45 = ~$114 each month for 24 months. 

If you do take it you pay your $29 up front as normal then ~$124 for the next 12 months. Come the 12 month mark you'll return your phone, pay $120 up-front, take a new model and decide whether or not you want to continue with Trade Up. 

If you don't opt in to Trade Up and want a newer model some time down the track, you're tied only to the plan by the outstanding amount left on the phone. So if for example you take a $1000 phone now and in 12 months the newer model is released, you can terminate your MRO and pay $500 to cover the 1 year old phone. The plus there is you get to keep the phone and could on-sell if you wished. You can't opt in to the Trade Up scheme retrospectively so it's important to weigh things up prior to signing on.

I hope that's answered your questions, let me know if you've got any more.

Cheers and happy Easter all,
^ER



Salami

237 posts

Master Geek
+1 received by user: 24


  #1277197 4-Apr-2015 18:13
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Thanks
This makes absolute sense

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