Notes from the Watertower

So just what is a “Rolling one year contract” …

You might see a few companies (especially BT!) offering deals in return for a “Rolling one year contract”, but what does this mean, and how it it different from an ordinary “One year contract”.

Well, in simple terms it’s a lock-in from the supplier of one year, (just line any other one year contract), then at the end of that year, it’s a another lock-in for another whole year, and so on.

Traditionally, we’re used to taking out a contract with a telephone company for one year, then after that it’s on a monthly (or sometimes quarterly) basis after that. Not so with the latest deal from BT…

But is it worth it? That’s for you to decide - there’s usually an incentive from the supplier (but not always - check the small print!) In BT’s case, the current incentive is free evenings and weekend calls if you sign up for a rolling contract.

So always read the small print and make sure this is what you really want to do before signing up for one.

This entry was posted on Tuesday, July 29th, 2008 at 1:28 pm and is filed under Telecoms, Whinges. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.