My Investment Journey: 2019

I would like to share with you on how I make a comparison and finding for the cheapest way to get a new iPhone 11 device. Before you continue reading on the further details, do note that this information is purely a personal analysis based on my own personal choices which you can take it as a reference if you would like to get a new iPhone 11 together with a mobile plan as well.

The comparison made here is based on the selling price of the device at Apple Store’s Official site and StarHub Telecom Company. The device I intend to buy is the new iPhone 11 128 GB with Green colour. Therefore I will further explain below on how I make the comparison with the information of purchasing the device from Apple Store’s Official website and purchasing from one of the Telco in Singapore (StarHub) by subscribing their mobile plan bundle with device or without device plan.

In order to make the comparison more practical, the comparison is based on the cheapest plan rate, which is the $25 monthly bill for ‘SIM Only Plan’ deal VS $50 monthly bill for ‘2-years plan’ deal.

With their current promotion of SIM Only plans and 2-years contract plans, there are:

No activation fee charges.
No registration fee charges.
No SIM card fee charges.

Apple Store Official Website:

Purchase the device from Apple Store’s Official site with the price of $1,129 SGD.

Option #1:

Sign up with StarHub ‘SIM Only Plan’ for their $25 monthly bill deal.

Just to add on, previously there is a promotion of $120 rebate for a 12 months contract on ‘SIM Only Plan’ package, but it is only applicable for sign up within that promotion period.

The multiplier of 24 months is computed based on assumption that the same mobile plan and mobile device are use for duration of 2 years usage, although there is no contract bound for this SIM Only Plan deal.

Based on calculation breakdown as below:
$25 monthly bill for 24 months;

$25 [monthly phone bill] X 24 [assumption of 2 years usage] = $600;

$600 [mobile plan cost] + $1,219 [iPhone 11 128GB cost] = $1,819;

Total cost for usage of 2 years mobile plan and iPhone 11 128GB = $1,819

Option #2:

The calculation subjected to eligibility based on the additional promotion of 20% on monthly bill for StarHub CIS program and promotion of 30% on monthly bill for StarHub Hub Club members. To make the calculation simpler, we will take 20% discount as an average for illustration purpose.

Based on calculation breakdown as below:

Assumption of 20% discount on $50 monthly bill = $40;

$40 [monthly phone bill] X 24 [2 years contract] = $960;

iPhone 11 128GB from the plan = $651;

$960 [mobile plan cost] + $651 [iPhone 11 128GB cost] = $1,611;

Total cost for usage of 2 years mobile plan and iPhone 11 128GB = $1,611

With the above comparison, by going for Option #2, it helps to save an amount of $208 ($1,819 - $1,611), for a same purchase of iPhone 11 128GB with 2 years mobile plan usage.

Isn’t it a great savings? That’s how I make my simple calculation and decision to opt for my mobile re-contract and new device.

If you would like to know an accurate amount for your eligibility, do visit their branch customer service for confirmation. To note again that this sharing is based on my own personal experience and only for reference purpose.

For more information on StarHub Hub Club privileges, please refer to their website on StarHub Hub Club Privilege.

For more information on StarHub Corporate Individual Scheme (CIS) benefits, please refer to their website on StarHub CIS.

Feel free to drop me your comments if you have any other opinions to share. It would be great to learn from all my readers.