🚨 Heads up, O2 customers! 🚨
O2 is raising its mid-contract fees beyond what was initially agreed, and it’s causing quite a stir. 🙅♂️ Martin Lewis, the personal finance guru, has advised O2 users to consider switching due to these unexpected hikes of up to 40%. 📈
Beginning April 2026, customers will face bigger bills. Originally, you might have expected a £1.80 monthly increase, but now it’s jumping to £2.50 a month—£30 a year. This means some users on cheaper plans will see nearly a 30% rise in their costs, with those on premium plans seeing increases well above current inflation rates. 😲
Regulator Ofcom is also stepping in, expressing disappointment and reminding mobile providers of their duty to be transparent and fair with pricing. They’ve urged customers to know their rights and highlighted that anyone affected can leave without penalties. 🏃♀️💨
Thinking about switching? Here are some quick tips:
1. **Know your rights**: If your provider raises prices unlawfully, you can exit your contract without penalty.
2. **Shop around**: Use comparison sites to find better deals.
3. **Text to switch**: Simply text ‘INFO’ to 85075 for free to initiate a switch to another provider with ease.
4. **Consider social tariffs**: For those on benefits, there are cheaper packages available that remain fixed even mid-contract.
5. **Check coverage**: Use Ofcom’s ‘Map your Mobile’ tool to find the best provider in your area.
O2 insists that this price adjustment is vital to meet the growing demand for mobile data and that it offers ‘excellent value’. They’ve also committed to investing £700m into their network and protecting those on social tariffs from any price changes.
Feeling the pinch from rising bills? You’re not alone! Stay informed, know your rights, and make the best choice for your needs. 📱💡
#O2PriceHike #MartinLewis #MobileContract #StayInformed