O2 has announced a new monthly tariff for customers in the UK that want to be able to get a new smartphone whenever they want. The plan is called O2 Refresh and it will be available in all of the company stores across the UK starting on April 16. The company says that this is the first 24-month tariff that separates the cost of the phone from the cost of calls, texting, and data.
Customers will have one monthly rate they pay for the phone itself and another monthly rate they pay for phone calls, texting, and data. O2 promises that when combined the monthly rate the consumer pays will be the same as the rate of the standard plan. The upside to Refresh is that whenever you want to buy the latest Android smartphone, the user will only have to pay off their phone account.
There is no penalty for canceling the calling plan early. Once you choose your new phone, you simply start over with a new calling plan and go on about your business. O2 also says that customers who don’t want to choose new phones frequently will benefit from Refresh as well.
Once you pay off your Phone Plan with Refresh, the only thing you’ll pay for monthly is the cost of your airtime. Refresh Airtime Plans start at £12 monthly for 600 talk minutes, unlimited text, and 750 MB of data. A £17 monthly plan brings unlimited minutes, unlimited texting, and 1 GB of data with a £22 plan available bringing unlimited talk contacts with 2 GB of data.[via O2]