Money-saving expert Martin Lewis has revealed a crucial step for people to save hundreds on their phone bills. With the cost of living crisis impacting many, reevaluating expenses like mobile phone contracts can make a significant difference. Lewis highlighted the alarming fact that around 14 million people in the UK are out of contract on their mobile phones, leading them to pay up to four times more than necessary. Existing customer deals have increased, while cheaper alternatives have become more affordable, prompting Lewis to urge people to take action.
During a segment on This Morning, Lewis advised viewers to text INFO to 85075 from their mobile phones to check if they are out of contract and free to switch to better deals. By switching to SIM-only plans after paying off their handsets, people could potentially save hundreds annually. Lewis emphasised that some providers offer unlimited calls, texts, and data for as low as £10 per month, contrasting with customers paying £20 to £30 monthly for similar services.
For Three, ID Mobile, and Smarty customers, providing personal details like date of birth may be required when texting for information. Notably, individuals on family contracts could face challenges in making such switches. However, obtaining a PAC code from the current provider and passing it to the new one can facilitate a smooth transition without losing the mobile number.
Martin Lewis’s advice resonated with viewers, with many sharing their success stories of slashing their phone bill costs significantly by following his guidance. From paying £75 a month to just £6.99, users expressed astonishment at the savings achieved. By leveraging comparison sites to explore the best deals available, consumers can find cost-effective plans that suit their needs without compromising quality.
In conclusion, being proactive and exploring cost-efficient options in mobile phone contracts can lead to substantial savings in the long run, especially for those out of contract. Martin Lewis’s practical advice serves as a timely reminder for consumers to review their expenses and make informed decisions to boost their financial well-being.