Device Credit Agreement
Upfront cost
For most phones you'll need to pay a small lump sum when you take out your agreement.
You can choose to make the minimum payment or pay more. The more you pay upfront, the less you'll owe and the lower your monthly payments will be.
Device credit agreement
A device credit agreement is a loan for your phone. You pay it back over 24 or 36 months.
The agreement is interest free which means you only owe what the phone costs, minus any upfront payments you make.
The device credit agreement is separate to the plan you'll have for your data, minutes and texts.
Pay off the balance
At any point you can pay off the remaining cost of your phone. This means you can a new phone whenever you like.
Pay extra
For most phones you'll need to pay a small lump sum when you take out your agreement.
You can choose to make the minimum payment or pay more. The more you pay upfront, the less you'll owe and the lower your monthly payments will be.