CNET Top 5: Reasons to go prepaid
About Video Comments (0 ) Transcript

CNET Top 5: Reasons to go prepaid

3:59 /

Fed up with cell phone contracts and wondering if a prepaid phone is be the way to go? Here are the best five reasons to make your next phone no-contract.

Prepaid phones get a bad wrapped. It's probably because the industry has chewed the prepaid market as a dumping ground for phones you couldn't pay me to use. But they also take a PR hit every time Walter White needs to make phone call to take care some unsavory business. But things have changed. Instead of being the last refuge of the desperate, prepaid phones have recently became a great choice for those who are both tech savvy and money savvy. I'm Donald Bell, and this top 5 I'm coming down the best reasons to ditch your contract and go with a prepaid plan. Starting off at number 5: Cash Money. How many times does a cellphone bill over drafted your checking account? It's brutal not only you're minded of how much you're overpaying for your phone. But you have an over draft fee to pay on top of it. Prepaid phones keep things real simple. You pay upfront for what you get and if you wanna pay it by cash, check or credit card, that's up to you. Cash payment is also a way to kill off any papered trail. So whether you're a part-time pimp or maybe just live with an apple from an attic and you wanna keep your secret Android phone off the books, just walk into your local prepaid carrier and make it rain. At number 4: No Credit Checks. Maybe the real reason you wanna keep this phone off your credit card is because you can't be trusted with one anymore. By going prepaid, as long as you got the money upfront, you're good to go. Now, there are some exceptions. If you're not buying your phone hardware upfront by having a broken down into monthly payments, well then, yeah they're gonna check your credit. But if you can pay up front for your phone and your plan, there's nothing a man can do to shut you down. Coming in at number 3: Service you need it and money in your pocket when you don't. Not everybody needs a 4G smartphone 12 months out of the year. So whether you're having a way to the Cayman Islands or maybe a couple of months on Rikers Island, you can re- assured that you're not on the hook for a phone you don't need. Take a month to try or look at messenger pigeons or smoke signals. If it doesn't work out, you can just pick right up where you left off. The reason number 2 to go prepaid: Painless upgrades. You wanna upgrade to that latest phone? Go, buy it. Carrier doesn't support it? Change your carrier. If prepaid turns out not to your thing, just toss it aside and go with the standard postpaid contract plan. The point is, whether you're sick or maybe you've been burned by an awful phone or ruthless carrier, going prepaid gives you the ultimate freedom to change your mind. Now, before I get to the number one reason to get prepaid cellphone service to try, let's consider some reasons why it might not be right for you. You're often dealing with fewer store locations, fewer phones to choose from especially when it comes to hero phones like the Galaxy S4, less coverage and most of all, a higher upfront cost. There are no subsidies so you play the real price for your phone. For good smartphone, that could be $500 upfront or more. Kinda sucks. But it may all be worth it when you account for our number one reason to go prepaid: Lower lifetime cost. We ran the numbers on whether it would cost to have the Samsung Galaxy S3 on 2-year contract with Verizon, compared to prepaid with Metro PCS and for the same 2 years, the total savings is a little over a thousand dollars. Not chump change. Now, is the Metro PCS network is fast and robust as Verizon's probably not. Is it worth the extra thousand dollars in the shackles of a 2-year contract? Well, that's up to you. So there you go, five reasons to at least consider going with a prepaid cellphone plan. For more analysis, check out our senior editor Jessica Dolcourt's post on CNET's Dialed-in Blog called Prepaid or Postpaid, the fight for your cellphone dollars. And for more Top 5s like this, top5.cnet.com. I'm Donald Bell. Thanks for watching.
  • This is the interactive sidebar!

    Click any icon for more information as they appear--don't worry, we'll pause the video and wait for you to come back.

  • Links Polls Galleries
  • Video Review

New releases

Amazon Fire Phone charts new t...
3:50 July 22, 2014
3D-like visuals and a clever scanning app heat up the Fire Phone, though Android lovers may be lukewarm.
Play video
Inside Scoop: Mixed results for...
3:25 July 22, 2014
Despite lukewarm sales figures, Apple posted a profit for its third quarter. CNET Senior Writer Shara Tibken...
Play video
Tomorrow Daily 022: Nvidia's Shield...
24:28 July 22, 2014
Today, we're talking about whether or not Nvidia's new Shield tablet has a chance in such a competitive space,...
Play video
Use Airplane mode to charge your...
1:55 July 22, 2014
Is it a fact or fiction that enabling Airplane mode on your device will result in a faster charge? CNET's...
Play video
Nvidia unveils Shield Tablet for...
2:55 July 22, 2014
Mobile gaming continues to evolve with Nvidia's latest gaming tablet, Netflix tests a privacy mode, and the...
Play video
LG Optimus L70 serves up 4G and...
1:29 July 22, 2014
Available on prepaid carrier MetroPCS, the Optimus L70 features a dual-core processor, a 4.5-inch screen,...
Play video
The 404 1,529: Where we can't help...
40:22 July 22, 2014
A promotional tweet with #twitterpurge shows why we can't have nice things, Sony brings back the Walkman in...
Play video
A waterproof phone that doesn't...
3:26 July 21, 2014
The $149.99 Kyocera Hydro Icon is waterproof, but inconsistent call quality holds it back.
Play video
 

Video discussion

Conversation powered by Livefyre