Personal Finance
Pros & Cons of Prepaid vs Contract Mobile Plans in Singapore
By ValueChampion  •  March 15, 2022
If you’re planning to switch to a new mobile plan in Singapore, you would know that the options available are endless. The first thing you would need to decide is whether you want a prepaid or postpaid mobile plan – but how are they different and how do you know which one to choose? Firstly, as implied by their names, prepaid and postpaid mobile plans differ regarding when customers need to pay their bills. For prepaid plans, you are usually required to pay a fixed amount upfront on a regular basis before you can enjoy the perks of your mobile plan. The frequency of these payments depends on the plan and can range from as short as 7 days for tourist plans to 90 days for lengthier plans. Postpaid plans, on the other hand, allow customers to pay at the end of the billing period based on their mobile usage...
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By ValueChampion
We distill sprawling marketplaces—for insurance, credit cards, bank accounts, and more—down to choices that represent a sweet spot for value—as in offering the features, returns, or experience we think you need for the smallest outlay. We ask: Is the return on a particular purchase or decision worth the cost or risk of that option, and how does the choice stack up against other options?
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