42% find mobile contracts confusing
46% worry they are on the wrong tariff and getting overcharged
1.3m Brits pay extra each month because they exceed their free minutes
5th July 2010: Brits are over £800 million out of pocket every year because they are on the wrong mobile phone tariff, according to research* from mobile phone price comparison site Top10.com (http://top10.com).
Switching to a contract that better matches their monthly phone usage could save people £62 per year on average.
Top10.com’s research revealed that 42% of people find mobile phone tariffs “confusing”, and 46% are worried they are getting overcharged because they are on the wrong tariff.
Over half (55%) of mobile phone users on monthly contracts said that they never use up all of their minutes, in effect paying more than they need to given their level of usage.
Meanwhile, 1.3m people (8% of people on monthly contracts) have to top up their bills every month, typically by £10 a time, because they use more minutes than their tariffs allow. Londoners were most likely to top up their bills, with 11% of users regularly exceeding their free minutes.
Alex Buttle from Top10.com said: “With so many mobile phone contracts available, it’s no surprise that so many people find tariffs confusing. But it’s worrying that so many people are wasting money every month because they don’t change their tariff to match their level of usage.
“Before people upgrade their phones or switch networks, we recommend they check their previous bills to work out how many minutes they’re actually using. This is even more important now that new devices like the iPhone and HTC smartphones come with long contracts, generally lasting 24 months. Making the right contract choice is just as important as picking the right phone.”
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Notes to Editors:
* Research of 2,002 UK adults aged 18+, conducted by Opinium, 8th-11th June 2010
Top10.com Media Ltd
Top10.com is the UK’s most popular comparison site aimed at the broadband and mobile phone sector with over 1.5 million consumers using the site every month.
Top10.com is dedicated to providing the best offers to help people get connected. The award-winning service offers an unrivalled consumer experience, combining cutting-edge design, innovative tools and exciting new ways for users to interact. Alongside all the latest deals and offers, Top10.com includes up-to-date news, independent guides, and expert reviews.
Top10.com Media Ltd is a privately held company headquartered in London, UK.
Contact:
Phil Szomszor / Pete Marcus
Citigate Dewe Rogerson
Phil.szomszor@citigatedr.co.uk / peter.marcus@citigatedr.co.uk
0207 282 1053 / 0207 282 2815