Money & Advice

Sky Mobile Price Hike: Up £36 a Year, But You Can Switch Without Penalty!

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If you’re a Sky Mobile customer and your contract has ended, brace yourself for a price increase. Sky Mobile is raising prices for out-of-contract customers by up to £36 a year, starting from February 14th, 2024. However, there’s a silver lining: you can leave Sky Mobile penalty-free if you’re unhappy with the new pricing.

The Increase Breakdown:

The price hike will vary depending on your current plan:

  • Plans with 20GB data or below: These plans will see the smallest increase, at £1 extra per month, which translates to £12 a year. Sky claims that the majority of affected customers fall under this category.
  • Plans with 25GB data or above: For customers with plans offering 25GB or more data, the monthly price will jump by £2, resulting in a yearly increase of £24.
  • A small number of customers (around 3%) will see a steeper rise of £3 per month, totalling £36 extra annually.

What are your options?

Here’s what you can do about the price hike:

  • Haggle with Sky: Before jumping ship, try contacting Sky Mobile directly and see if they’ll offer you a better deal to stay. You might be able to negotiate a lower price or a new plan that better suits your needs.
  • Shop around: With the freedom to leave penalty-free, you can explore what other mobile providers have to offer. Use comparison websites like Compare The Market: https://www. comparethemarket.com/ or MoneySupermarket: https://www.moneysupermarket.com/ to find deals on SIM-only plans or phone contracts that align with your data usage and budget.
  • Stay with Sky (for now): If you’re happy with Sky Mobile’s service and the price increase isn’t a deal-breaker, you can choose to stay with them and accept the new charges.

Remember:

  • The price hike only affects out-of-contract customers. If you’re still in your minimum contract term, your price will remain the same until the contract ends.
  • Keep in mind that Sky Mobile is also changing its data rollover policy. From April 1st, 2024, any unused data will expire after one year instead of the previous three-year window.

Final Thoughts:

The price increase by Sky Mobile is a good opportunity to re-evaluate your mobile phone plan and see if you can find a better deal elsewhere. Don’t be afraid to shop around and compare different providers before making a decision.

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