TL;DR: Get Republic Wireless if you pay for your own cell phone bill directly as a consumer (vs. through a business); get it especially if you use your phone mostly for data and text. Otherwise…
If I were to create a list of the companies I hate most, it would be:
- Pretty much every mobile phone company that exists in America today.
As a personal finance hacker, I take a lot of pride in how my wife and I have been able to optimize the cost of most recurring goods and services that we enjoy each month. However, when it comes to our cell phone plan, I feel like we have been getting screwed over for years.
For the past three years, my wife and I paid Verizon $199.88 each month for a family plan that includes mostly unlimited everything (data, voice, text). Up until last year when we were running our own company, we expensed our phone bill through our business. What the hell, it was a tax deduction. But now that we are no longer running a business and are paying for our phone service as consumers, this fee feels out of control. I’m especially enraged whenever we travel abroad and see folks in other countries get unlimited, no-contract plans for like $25/month. Thanks a lot, Obamacare!
Enter Republic Wireless. This service appeared too good to be true. I heard about this mobile phone company through my two favorite financial bloggers, Mr. Money Mustache and jlcollinsnh. The plans were a fraction of the cost of what I could find on Verizon and similar carriers, and it felt like the company was genuinely trying to do right by its customers.
I’ve been field testing my Republic Wireless cell phone for two weeks now. The verdict: it’s okay, but not great. Full details below…