What is an Automatic Cash Back Mobile Phone Deal?
This article will initially explain the concept of an automatic cash back mobile phone deal, followed by a simple insight into how it works and will finish off by giving you a list of pros and cons of this concept. You will also find out towards the end a big secret; a secret that reveals who can be and cannot be trusted when it comes down to ordering such mobile phone deals.
Automatic cash back mobile phone deal is exactly as it is written. It is a mobile phone contract deal, where by the merchant pays you the whole cash back sum automatically without the you having to redeem the cash back by sending bills on time, every month through out the whole contract period. Some merchants will not pay the moment you checkout, or the moment you receive your mobile phone where as some merchants will pay you at the counter with a cheque. Majority of online merchants will either send you a cheque or pay directly into your bank account via bank transfer from anywhere between 14 days to 2 months again depending on the merchant.
So how does it actually work? Is there a catch? We will take an online merchant as an example as these are the more popular merchants compared to the high st ones. You go to a merchant’s website and choose a deal, whether you use a mobile phone comparison site or you knew the merchant’s website address it doesn’t really matter. You chose a Blackberry 9700 Bold on T-Mobile’s combi 35 + Blackberry data 18 month tariff. The line rental cost per month for this tariff is approximately 40 pounds per month. The merchant is advertising 200 pounds automatic cash back. Lets assume that this merchant will pay directly into your bank account after 14 days of receipt. During the checkout process you will be asked to give your bank account number and sort code. Once you checkout and placed your order, your application will be put through to the network’s credit check. Once you have passed your credit check you will receive your mobile phone and sim card from the merchant. After 14 days from the day you received your mobile phone through the post, your cash back will be transferred into your bank account without you having to contact the merchant after your checkout. Depending on which bank you have an account with, it could take up to 7 working days from the day of the transfer for you to be able to withdraw your cash back from your account. So in total it could take up to 20 days for the money to be in your hands.
Here are the main advantages of going for a mobile phone deal with automatic cash back. Provided you use your cash back to pay for your line rental costs, you could reduce your line rental charge by over half depending on the deal and merchant you choose. The biggest advantage is that you are not required to send off your monthly bills and other bits and bobs to the merchant to claim your cash back. A more recent advantage is that merchants are now offering to give away free incentives like HD televisions on top of the cash back without you having to claim anything from the merchant. They will send it to you without you having to contact them.
The disadvantage is that these deals will not be cheaper than the normal cash back by redemption as the merchant is taking the full risks and reducing their profits. This is the only disadvantage of the normal automatic cash back deal. There will be other disadvantages popping up from merchant to merchant. One merchant in particular ‘Beepy’ require customers to send them their first ‘paid’ mobile phone bill, which is actually the second mobile phone bill and the completed cash back form in order to receive the automatic cash back. Hence it’s not really automatic cash back from this merchant but never the less you do not have to send bills off every now and then, just the once.
To conclude, you have been given the 101 on automatic cash back mobile phone deals and should hopefully opt for it and prefer it over cash back by redemption deals. Our promised secret to share is to trust ‘mobiles.co.uk’ as they have an excellent customer service and always pay out.
For more information and the best mobile phone deals with instant cash back visit AutoCashBackMobiles.co.uk. A dedicated website to bringing you the best instant cash back mobile phone deals.
Tags: automatic cash back mobile phones, cash back contracts, cash back mobile phone deals, cash back mobile phones, cell phone, instant cashback phone contracts, mobile phones, telecommunications, upfonrt cash back mobile deals