If you are looking for an internet plan in Canada, you’ll have to choose between a month-by-month plan and a contract option. Not every internet provider in Canada gives you this option but you should know the differences between a contract connection and contract-free internet.
Why you might not want a contract connection
The best thing about this type of connection is you are not locked to any internet provider. In a contract-free connection, you’ll most certainly have to pay a setup fee, but you can opt out of the service at any time. If you are not content with the level of service from your current ISP, you can change at any time. This type of scenario is ideal when you are trying out a new Canadian internet provider and you’re not 100% confident.
It also means you can change if you receive a better deal, but if the other deal is still a month-to-month, you will be charged another setup fee and this will affect your savings.
Why you might want to sign a contract
Signing a contract of between 12-24 months might seem like a lot but it will save you money. Many ISPs offer some sort of saving when you sign a contract, this could be a free rental modem, cheaper monthly price or waiving the setup charges. Longer contracts also include bonuses.
Which one do I choose?
If you are looking to save money, then you should go for the contract. That is if you don’t mind being locked to that provider for the duration of the contract. However, you will get a free modem, your setup fee waived or reduced.
If signing a contract with an ISP doesn’t excite you, then a contract-free connection is equally good. You will have to pay setup fees, but you can leave at any time. This is beneficial if you don’t know how long you will be in a particular region or country.
If you have your own modem that works with your connection type, you won’t have to pay for a new device if you go for a month-to-month plan.