It's good for people that wants to get 2 year handset contract.
If the person wants to take advantage of the 25% discount for 12 months, he/she must sign up for Reg+ ($82/mth) plan or upgrade and re-contract to Reg ($62/mth) plan.
Reg vs Reg+, the handset subsidy difference is not much. In fact Reg with the discount and handset subsidy is almost the same level as Lite+ prices.
Reg vs Lite+: Typically ~$250 more subsidy on Reg plan.
Savings on 12 months with Reg discount: $186
Total subsidy: ~$436
Effective price on Reg plan compared to Lite+: ~$43.83/mth
Around $3/mth more, you get 1GB more data, 100 mins outgoing calls more, 200 SMS/MMS more.
For Youth Benefits (like me), I get 2GB more data compared to 1GB as well. (Youth Lite+ 5GB, Reg Lite+ 7GB).
Reg+ vs Reg: Typically ~$100 more handset subsidy compared to Reg, and ~$350 compared to Lite+
Savings on 12 months with Reg+ plan: $246
Total subsidy compared to Lite+: ~$596
Effective rate of Reg+ compared to Lite+: ~$57.17/mth
You may get 2GB more on normal plans and more talk and text, but you're better off getting M1 Upsized Data Plus and get even more data on Lite+ (total: 7GB), while still having a lower rate ($53.90/mth).
Total subsidy compared to Reg: ~$346
Effective rate of Reg+ compared to Reg: ~$67.58/mth
Effective rate of Reg plan without comparing subsidies: $54.25/mth
Again, the additional 1GB/mth and additional talktime/text may not be worth it for many. Get the Upsized Data Plus and still save a little, while getting 5GB/mth more (after deducting 1GB less).
That's why I said, loophole to get to two year contract is worth the extra trip.
Sent from Redmi Note 4 MTK using GAGT