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Liverpool Echo
Liverpool Echo
Business
Christopher Megrath

Mobile phone trick that could help you save up to £360 a year

Switching your mobile phone provider once your contract is up could help you save hundreds of pounds a year.

According to new research by iD Mobile, Brits could be losing out by not doing anything when their contracts are up. Most mobile contracts include the price of the handset and the usage (texts, calls and internet allowance) but the costs of which can vary drastically across networks.

The cost of paying for your phone doesn't automatically decrease when you have paid off the handset, meaning you're still paying for the phone as if it's brand new by the end of your contract. Challenging this could save you up to £35 a month.

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