Types
Getting a right mobile phone plan is often quite confusing, as each plan has certain merits and demerits attached to it. Mobile phone plans come by vastly different names, but broadly they can be categorized in three heads. These are pre paid plan, pay as you go plan and fixed rate contract plan, and all these plans are tailored to different needs of mobile phone users.
The most popular cell phone plan among students and not so frequent callers is a pre planned mobile plan. This is the cheapest option available for them where they pay for expected usage upfront. This includes video message, text message and checking the voice mail. The best part of the pre paid plan is that consumers are well aware that how much they are spending and what they are getting for the money. But, its call rates are not so cheap and are a little higher in comparison to contract plans. An alternative to this plan is the pay as you go plan, which is a monthly billing plan that is devoid of the obligations and contracts of fixed rate plan. Due to this, customer can easily switch to other plan at any point of time without paying any termination fee. The call charge of this plan is cheaper if you compare it with pre paid plan.
In a fixed rate mobile plan, customers sign a contract or an agreement that states that they will use the service for a particular period of time, and if the service is terminated before the specified time period they will be charged termination fees. The rate of call is cheaper than the rates in other two plans. Within this broad category, there are capped plans that put a cap price and sms plans for heavy text message users, broadband plans as well as many bundled packages of various services wrapped into one to suit the requirement of different user groups.