Choosing the best mobile plan in Singapore

Currently there are 13 telcos in Singapore, each having a competitive advantage in their mobile plan packages.

The 13 telcos in Singapore are:

• Singtel
• StarHub
• M1
• Circles.Life
• Zero 1
• Zero Mobile
• MyRepublic
• TPG Mobile
• GOMO
• giga!
• redONE
• Grid Mobile
• Vivifi

Each of them offering a range of phone plan and SIM only plan.

Consumers choose their mobile plans base on a few factors.

• Price of the mobile plan
• Data and call time of the mobile plan
• Network Performance (reception)
• Flexibility to customize plan
• Flexibility to roam
• Customer service efficiency of the telco
• Other additional services and perks

Which is better? SIM Only Plan vs Phone Plan

Most Singaporeans decide on a 2 years phone plan with the telcos mainly because

• It is the only plan they know
• They are on a Corporate plan and hence, price does not really matter to them

In our previous article on Which Singapore Telco is the best for you?, we ran some number on how much one would have saved if he opted for a SIM-Only plan instead of a phone plan.

Here are some of our findings:

A consumer who is keen on a Samsung Galaxy S8 Plus 64GB looking to renew his StarHub 2-Year Plan that cost $48 per month will ultimately pay a total of S$1,951 after 2 years.

We compare this with a consumer adopting another strategy, which is:

• Sign up for a SIM-Only Plan
• Purchase his mobile phone through Carousell

This consumer will spend S$1,584 over 2 years, saving himself S$367 in the process.

How to apply for a mobile plan?

One can either head down to a branch or apply for their mobile plan online, depending on the telco that he is going for.

Documents required to apply for a mobile plan:

• If you are a Singapore Citizen or Permanent Resident:
  Original IC (or passport)
• If you are a foreigner:
  Employment Pass/Work Permit/Social or Dependent Pass with at least 6 months validity to date of expiry
  Purchase Agreement/Tenancy Letter (with proof of more than 6 months occupancy)
  Passport
• If you are a New Business Customer:
  Form 9 (Change of company name due to company incorporated)
  Form C (Certificate of registration for a new business firm)
  Form K (Renewal for business firm)
  Form 83 (Foreign company)Depending on the bank, application for a savings account can be done within a week.
• If you are applying on behalf of someone, these are the additional documents required:
  Letter of authorisation letter signed by the applicant

Tools to help you choose the best mobile plan in Singapore?

To help Singaporeans make smarter personal finance decision, here are some tools to help you choose the best telco plan:

One can read up our article on the price comparison on SIM-Only plan in Singapore:

• Which Singapore Telco Plan is Best For You: Data vs Price (SIM-Only Comparison)

If there are still questions after reading Real User Reviews on the savings account, ask the community at Seedly QnA.