Many brands offer customers the opportunity to bundle their TV subscription with their internet to save money. But are internet tv bundles actually cheaper? Or should you shop for the best deals separately? In today's economy, with inflation affecting everyone, even little financial missteps can hurt a family's financial stability.
In this post, we find out the pros and cons of bundling and how to get what you really want: savings and the stations you want. Read on to learn more.
Bundling your TV and internet offers several benefits:
Suppose, for instance, a company offers an internet-only service for $49.99 and a TV-only service for $45.99 per month. The total cost per month would be $95.98. However, that same company might offer a TV + internet bundle deal for just $89.99, saving you $5.99 per month off the standard price.
In many cases, the savings from internet tv bundles are substantially larger than this. For instance, you might pay $49.99 for your TV subscription and $69.99 for unlimited internet, but you only have to pay $79.99 when you bundle the two together.
Easy billing is another reason why people love to bundle services. In most cases, you’ll pay a single direct debit and receive a single letter in the post (or to your email) every month. When you sign up for certain deals, you may also receive non-financial rewards, such as free equipment.
Unfortunately, there are some drawbacks of TV and internet bundling. These include:
Providers, for instance, may insist that you sign up for a minimum of six months to gain access to their best deals. You may also get additional channels or proprietary services that cost money but that you never use.
In many cases, bundling saves you money, but not always.
Imagine the following situation. Suppose company A is offering an internet TV bundle package for $99.99. At face value, it seems like a good deal.
But what if company B is offering TV for $39.99 per month, and company C is doing internet for $44.99 per month? The total cost would then be $84.98, $14.99 less than the bundled price of company A. Hence, it would be better to avoid the bundle altogether in this situation.
When bundling, you’ll also need to consider the speed and number of channels that you get. Buying internet-only services might qualify you for unlimited downloads, but there might be caps on how much data you can use if you get it through a bundle. The same goes for TV stations. TV-only deals might offer more channels compared to watered-down bundled versions.
Here’s some advice: compare all your options before you take the plunge. Find out whether you are getting the best value for money by taking a bundle deal. Usually, you are, but not always. Rule #1: Do your research.
Some companies will do quite a bit to retain customers and if you call them directly with a deal from a competitive company, they'll either match it or exceed it. Customer retention is number one for these companies and they want your business.
If a company says that you have to bundle TV and internet, find somebody else to do business with. Reputable brands will never insist that you take both services together.
However, that’s not to say that they won’t attempt to entice you with various perks. For instance, they might offer free installation, lower upfront costs, free equipment and welcome gifts when you join.
Bundle contracts may be the same length as those for standalone services, or they may be different. Because bundles typically offer lower prices, companies want to guarantee payments from you for longer. You may find, for instance, that you need to sign up for 12 months when there is no such requirement for TV or internet alone.
If you are a cord-cutter, there is no real reason to get a TV and internet bundle. Netflix, Disney, Amazon Prime and Hulu subscribers can often get all of the content they need via the internet. In this case, all you require is an internet subscription, something you can shop for independently of a TV service which will save you even more money in the long run.
Some internet and TV companies let you customize your bundle. For instance, if you care more about internet connectivity than having sports channels, you can often save money by opting for a “skinny” bundle that doesn’t include them.
Some services go further than this by providing you granular control over the services that you pay for. For instance, if you only watch documentaries on TV, they may only charge you a fee for those channels, eliminating the need to pay for the rest.
Now's the time to try out their customer service and ask the hard questions up front. If you come prepared, don't be surprised when you walk away with the savings you want and the package that is right for you.
The amount of money you save by bundling varies considerably from supplier to supplier. Some offer no savings whatsoever and instead entice you with perks, such as free installation. Others offer savings in excess of $35 per month.
Mostly, bundled savings are in the $10 to $25 range. Over the course of a year, you can expect to save between $120 and $300 which isn't bad considering that extra savings can offset the cost of food and gas this year.
However, you will need to read the details of your contract carefully. Some suppliers restrict the quality of services on bundled deals to make back their money. You may have to put up with slower internet access, throttling or fewer TV channels than other customers. This is something important to consider, especially if you have teenagers who are into gaming or downloading movies.
In summary, bundling TV and internet is cheaper than buying both services individually from the same carrier. However, you may be able to find better deals overall by shopping around. While there are perks to bundling (such as free installation or equipment), there are also drawbacks, such as being locked into a contract. Figure out the needs of your family, what you truly spend your time on, and then find the bundle that works the best for everyone.
Whether you choose to bundle your TV and internet, therefore, is something that you will need to calculate carefully. You’ll only know if it is the right decision for you once you factor in all the relevant variables – something you can do using this search feature from us. Find out more today by contacting our team.