finder.com.au
NEW! Download App

OptusPay: How does it work?

OptusPay is similar to Optus's old payment plan system, just with a different name.

Avatar
Sam Baran
Updated
Fact checked

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

While it may sound like a new and fancy feature, OptusPay provides the same function that Optus has offered for years: the ability to pair a device with a mobile plan and pay it off over time, instead of all at once.

How does it work?

OptusPay is very straightforward.

  1. Choose a device. You can pick any phone, tablet or smartwatch in the Optus store.
  2. Pick a repayment period. You will have a choice of 12, 24 or 36 months.
  3. Add a SIM-only plan. Choose any of Optus's postpaid SIM-only plans to pair with your device.
  4. Pay it off in instalments. Your monthly bill will be the monthly instalment for your device plus the price of your chosen mobile plan. These repayments don't carry interest.

You're limited to only one device per new Optus plan.

What if I want to cancel my plan early?

You can cancel your contract at any time and keep the device. However, you will have to pay off the full remaining value of the device (the monthly device instalment multiplied by the months remaining on your contract).

Alternatively, you can switch the Optus SIM-only plan that you're on once per month without breaking your contract. The price of your mobile plan may change, but your device instalments won't.

How much will I end up paying with OptusPay?

Your payments with OptusPay are the sum of two things:

  • Device repayments. The total amount you pay in device instalments over the life of your contract will always add up to the RRP of the device. The individual repayments will be smaller the longer your contract period is.
  • Mobile plan cost. This is the monthly price of your mobile plan.

Since the device cost is fixed, the plan you're on and the length of your contract will largely determine how much you end up paying. If you're interested in paying less overall, go for a cheaper plan or a shorter contract length. If you're interested in paying less every month, go for a cheaper plan or a longer contract length.

What devices are available with OptusPay?

You can purchase any device in the Optus store with OptusPay. This includes:

  • Mobiles. Including the latest Apple, Samsung, Huawei, Oppo and Google models.
  • Tablets. Choose from recent iPads or Galaxy Tabs.
  • Smartwatches. You can get both Apple and Samsung smartwatches.

What do I get on an Optus mobile plan?

The exact inclusions will depend on the plan, but Optus's SIM-only plans provide:

  • Between 10GB and 500GB of monthly data
  • No excess data charges (keep browsing at 1.5Mbps)
  • Data sharing across plans on the same account
  • Potential 5G access on all plans
  • Some international inclusions
  • Free Optus Sport subscription

FAQs

How many devices can I get with OptusPay?

Although you can choose any device you want from the Optus store, you're limited to only one device per plan with OptusPay. If you want to get a second device, you'll have to purchase a new, separate SIM plan to go with it.

More guides on Finder

Latest mobile plan deals on Finder

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site