What happens when my Telstra lease plan runs out?

What happens when my Telstra lease plan runs out?

At the end of your lease, you have three options. You can: return the phone in good working order. continue to pay the monthly payment for your device and plan (including any Mobile Swap Assure fees) for up to 6 months.

How much is a Telstra non return fee?

What happens if I don’t return my device? You must return the original device with its associated documentation or you may be charged a fee of $499.

What happens when your phone lease is up?

When you reach the end of your leasing term on Flex, you’ll have the option of buying your device from Sprint via the Purchase Option Price. This amounts to about 25% of device purchase price or $200 or less—basically, the difference between what you’ve already paid, and the full price of your leased phone.

Can I unlock a leased phone?

Unlocking Requirements. The type of plan you have with sprint will determine how to unlock your phone and whether it’s even eligible. Because leased devices aren’t owned by users, the end of the lease purchase option has to be paid in full before Sprint will unlock phones.

What happens when your mobile phone contract ends?

You don’t actually have to do anything when your contract ends, but if you don’t then you’ll typically keep paying the same price for the same allowances. Depending on your network the phone payments may automatically stop, bringing you down to a lower monthly price.

Who is benefiting from the Telstra lease agreement?

Unfortunately, the only party that benefits from this deal is Telstra. Not only do they keep earning revenue from the lease agreement but they also eventually sell the used handset earning even more profits. Telstra already made $63 million from leased plans in the last financial year and have no intention of scrapping them.

When did Telstra last change SLA premium commitment?

Standard Restoration, SLA Premium and Telstra Provisioning Commitment section was last changed on 20 February 2020.

How much does it cost to swap a Telstra phone?

Telstra’s Swap plan is terrible. Here is why: If you damage or lose your mobile you end up paying additional fees as penalty. What constitutes damage is not properly defined by the telcos, leaving this clause open for interpretation in the telco’s favor. You could end up paying $229 just for a cracked screen and $499 if the phone is broken.

What happens if I damage my Telstra phone?

If you damage or lose your mobile you end up paying additional fees as penalty. What constitutes damage is not properly defined by the telcos, leaving this clause open for interpretation in the telco’s favor.