Was hoping to find a deal for the Samsung S24 Ultra at JB, but only saw deals for Samsung Galaxy Z Flip6.
You know the deal:
1) Buy the phone (256GB $0 or 512GB $199)
2) Cancel for $99 (one month) + $766.67 (Telstra CIS) = $865.67
3) 256GB: $0 + $865.67 = $865.67
512GB: $199 + $865.67 = $1,064.67
Changed URL from generic search to specific link. Should be correct now.
So much better <3
does it include insurance for 10 cracked screens?
Not sure why people will buy flip or fold phone as from what I heard, the screen doesn't last long
Sounds like a terrible idea to me.
I'm two years into my Flip 5 and it's in perfect condition. A lot of the early issues seem to be fixed.
Great form factor, I'll never go back
The first gens yeah, but by the 6th it seems they've fixed the issues
Flip 3 still going well, back up duties for my S23 for the last year, but no issues.
I just keep trading in the previous years model for the next one. You get free screen protector replacements for up to 2 years, so I just get the screen replaced, trade it in, and upgrade to the newer one for ~200 every year. Cheaper than if I'd just bought and kept it for 4 years.
E.g. If you go on marketplace right now, a used flip 5 sells for 700-750. So you'd only be out of pocket around ~150. That's barely anything for getting a brand new phone with new warranty
It would be under "DON'T MISS OUT ON THESE!" when you open the product link directly.
This or pixel 9?
pixel 9 pro
Just to clarify, even though it says 24 months plan, i can cancel after 1 month and dont have to pay 24x $99/month to Telstra ie its a month by month plan?
and only the costs ie listed from the OP -
"
1) Buy the phone (256GB $0 or 512GB $199)
2) Cancel for $99 (one month) + $766.67 (Telstra CIS) = $865.67
3) 256GB: $0 + $865.67 = $865.67
512GB: $199 + $865.67 = $1,064.67
"
Correct. Note "Maximum Voucher Repayment Fee".
Under Voucher
If you cancel or move to a lower cost plan then you'll need to pay a Voucher Repayment Fee pro-rated against the remaining months of your plan’s minimum term.
https://www.telstra.com.au/help/critical-information-summari…
Yeah, it seems that you only have to pay for the month/s or part thereof that you use, and they don't care if you keep the phone? Either they haven't cottoned-on (to lots of people doing this) or they don't care (most likely)?
The phone (256GB) is only $0 if you take out the $99 plan and the only reason why you have to pay any money at all (other than for the first month, if you cancel within the first month) is because they also happen to be giving out an $800 voucher with this phone as part of the deal, probably because they expect to be getting $2,376 ($99x24) out of you over 2 years (plus any extra costs you incur along the way).
Minus $800 from that (essentially them giving you a discount on the subscription) and they're still earning $1,576 from you over 2 years, which is pretty much what the phone is selling for by itself.
So if you just stick to the deal, it's like you're getting a 2-year interest-free payment plan for the phone and getting unlimited use of the phone for calls and SMS/MMS nationally plus SMS/MMS internationally and 300GB data per month at the standard speed and unlimited data after than runs out, albeit capped at 1.5 Mbps… so even if you had that big of an appetite for data you could still use this as a home internet hotspot that will always keep your video doorbells and echo-dots etc. running.
You can mix the formula around any way you like, and it still seems like a decent deal.
I guess what's in it for them is that they get to sell a higher number of a particular device that starts depreciating quickly, to consumers who may not have ordinarily hung onto one for 2 years?
I'm still trying to wrap my head around it, though. This is new to me. I mean, if you're getting an $800 voucher in the first place, and don't spend it (?), then aren't you just giving back something that you got for free anyway? So the phone actually costs nothing?
I get where the figure of $766.67 comes from (800 divided by 24 = 33.33, so it's 800 - 33.33 = one month's portion of a voucher)… so they're saying, 'if you pay for 1 month of service, we'll give you one month's worth of the voucher we promised you, but you have to give 23 months' worth of voucher back to us'.
Which, in my mind, at this moment in time, is not coming out of your pocket, and would mean that this phone is only costing $99 minus $33.33 = $65.67. And on one hand, it feels like I'm missing something and getting it totally wrong, after confusing myself, but at the same time, if the WAS no $800 voucher in the first place, the same formula would work, right?
You pay nothing for the phone and only for the first month of service you signed up for if and when you cancel within the first month. The terms don't say, 'you have to hand us the phone back'. Otherwise this whole deal thing would be useless. Perhaps the 'catch' is that you have to use this phone only with the network it's locked to, for a minimum length of time, and even if you only spend $30 per month on prepaid or whatever, the carrier is still earning off you. Probably a much higher proportion of that monthly fee than one facilitated/sold by a third party like JB.
I dunno, please enlighten me if I'm missing something. Cheers.
But there was some clause to do with fraud, and intentionally taking up this offer to cancel and essentially get a $1600 phone for $99 or $66 might constitute that.
This just seems too easy, because you can just port your number back out and sell the device as a network-locked phone and pocket the cash.
Maybe you could get up to a grand for it as 'open box - like new', unless there's a lot of competition, to someone who usually only uses that carrier. There's a pre-owned unlocked one on eBay for $1121 incl. postage
That's probably why it's limited to one per customer and new customers only.
Still, not the worst way to make a quick buck, if you don't mind going through a bit of hassle buying, signing up, cancelling, then selling (if you don't want the phone).
Are you trying to understand what's in it for JB Hifi if people are just buying and then cancelling the plan? Yeah really not sure, seems like a loss for JB Hifi.
I suspect the $800 may be JB Hifi's commission for the 24 month plan, so when you cancel then Telstra needs to claw it back.
Yeah, maybe it's an incentive (or more likely part thereof) from Telstra that JB decides to pass on (in whole, or part), to the customer, to feed the circle.
Depending on what those incentives actually are, and how they're bracketed, etc., perhaps the phone prices pale into insignificance, especially at the kind of volumes we're potentially looking at, and the related increased buying power and subsequent bulk discounts.
It might even be as simple as 'x percentage of people who take up the offer will stick with it, and that covers the minimum amount for everyone to get enough of a profit', etc.
… until those meddling teenagers on Ozbargain sent the offer viral and everyone went out of business…
Much worse than the last deal, had $200/$300 giftcard last time
Thanks OP,
If I could throw TRS refund into the equation, would below be correct?
1) Buy the phone (256GB $0 or 512GB $199)
2) Cancel for $99 (one month) + $766.67 (Telstra CIS) = $865.67
3) 256GB: $0 + $865.67 = $865.67
4) TRS refund: 1799 (rrp on JB website) / 11 = $163
Total
865.67 - 163 = approx $703
Thanks again :)
Honestly not sure how you'd claim TRS, because wouldn't it show you paid $0 or $199 for the phone (after the $1,600 off promo)?
And I don't know if they would honour the GST from the cancellation ($99+$766.67) as that's not really part of the original purchase of the phone.
I see - thanks!
I've just signed up for the plan, anyone has any ideas how can we cancel it from the JB hifi mobile app? Can't see the option to cancel at all.
In the app. "Get Help" then the chat icon.
When is the thumbnail for these gonna change from the Pixel 2 XL and iPhone X?
Throws me every time