Price Increase Guide Updated January 2026

O2 Price Rises: Your Rights & Options

Understanding O2 mid-contract price increases, when they happen, how much your bill will rise, and your rights to leave without penalty. Get the facts about O2 annual price rises.

We've helped thousands of readers understand mid-contract price rises and their options. Here's what you need to know about O2 price increases.

When Does O2 Raise Prices?

O2 implements annual price increases every April. These mid-contract price rises affect both new and existing customers on Pay Monthly contracts, including phone contracts, SIM-only deals, and mobile broadband plans.

Key Dates for 2026

  • Price Rise Announcement: O2 typically announces the increase in January or February
  • Price Rise Effective Date: April 2026 (usually the first bill after 1st April)
  • Your 30-Day Window: From the date you receive notification of the increase

Important: The price increase applies to your Airtime Plan only. If you have an O2 Refresh contract, your Device Plan payments remain unchanged.

How Much Do Prices Increase?

O2 uses a formula based on the Consumer Price Index (CPI) rate of inflation plus a fixed percentage. The formula is:

CPI + 3.9%

Annual price increase formula

Understanding the Calculation

  • CPI Rate: The Consumer Price Index inflation rate from December of the previous year (published by the ONS in January)
  • Fixed Addition: O2 adds 3.9% on top of the CPI rate
  • Example: If CPI is 4%, your price increase would be 4% + 3.9% = 7.9%

In our experience: Many readers don't realise the increase only applies to the Airtime Plan, not the Device Plan. This means the actual percentage increase on your total bill is usually lower than the headline figure.

Impact on Your Bill

Here is an example of how the increase affects different plan prices:

Monthly Plan Cost 7.9% Increase New Monthly Cost
£20 £1.58 £21.58
£30 £2.37 £32.37
£40 £3.16 £43.16
£50 £3.95 £53.95

Note: These are example calculations. The actual increase depends on the CPI rate announced each January.

Your Rights to Leave

When O2 increases your prices mid-contract, you have specific rights under Ofcom regulations:

Can I Leave Without Penalty?

This depends on when you signed your contract and what type of price increase applies:

  • Contracts signed before January 2024: If the increase was not clearly stated in your contract terms, you may have the right to leave penalty-free
  • Contracts signed after January 2024: O2 now includes CPI+3.9% increases in contract terms, so these are considered "expected" and you cannot leave penalty-free for this reason alone

Good News: Even if you cannot leave penalty-free due to price rises, you can still request your PAC code to switch networks. You may need to pay any remaining Device Plan balance.

30-Day Notification Window

O2 must give you at least 30 days notice before implementing any price increase. From the date you receive this notification, you have 30 days to decide whether to accept the increase or leave.

How to Leave Within 30 Days

If you want to leave O2 due to a price increase, follow these steps within your 30-day window:

  1. Check Your Eligibility: Review your contract terms to confirm whether you can leave penalty-free. Check the date you signed and the terms regarding price increases.
  2. Get Your PAC Code: Text PAC to 65075 from your O2 mobile to receive your Porting Authorisation Code instantly.
  3. Quick tip from our team: Before leaving, call 202 and say you're considering leaving due to the price increase. Readers tell us O2's retention team sometimes offers discounts to keep you.

  4. Contact O2: Call 202 from your O2 mobile or 0344 809 0202 to confirm you wish to leave due to the price increase. Mention you are within the 30-day notification period.
  5. Choose a New Network: Compare deals from other networks and select your new provider.
  6. Give Your PAC to New Provider: Your new network will handle the switch. Your number transfers within 1 working day.
  7. Settle Any Device Plan Balance: If you have an O2 Refresh contract, you may need to pay off your remaining Device Plan.

Tip: Request written confirmation from O2 that you are leaving without early termination fees due to the price increase.

Historical O2 Price Increases

Here is a record of O2 annual price increases over recent years:

Year CPI Rate Total Increase Effective Date
2026 TBA (January) CPI + 3.9% April 2026
2025 4.0% 7.9% April 2025
2024 4.0% 7.9% April 2024
2023 10.5% 14.4% April 2023
2022 5.4% 9.3% April 2022

Price Rise FAQs

Why does O2 increase prices every year?
O2 states that annual price increases help cover rising operational costs, network investments, and inflation. The CPI-linked formula is designed to align price changes with general inflation in the economy. Most major UK mobile networks now use similar inflation-linked pricing.
Does the price increase apply to my Device Plan?
No, if you have an O2 Refresh contract, the annual price increase only applies to your Airtime Plan (the part covering calls, texts, and data). Your Device Plan monthly payments remain fixed for the duration of your agreement.
Can I negotiate with O2 to avoid the price rise?
The standard annual increase cannot be negotiated out of your contract. However, you can contact O2 to explore whether there are any alternative plans or retention offers available. Sometimes O2 may offer a better deal to keep you as a customer.
What if I signed up after the price rise was announced?
If you signed a new contract after O2 announced the price increase for that year, the increase was already factored into your agreement. You cannot leave penalty-free as you were aware of the upcoming increase when you signed.
Do Pay As You Go customers get price increases?
Pay As You Go tariffs can change, but these are not mid-contract increases since PAYG does not have a contract. O2 may adjust PAYG rates, but you are free to switch networks at any time without penalty.
How do I check when my contract ends?
You can check your contract end date in the My O2 app under Account or Contract Details, or by calling 202 from your O2 mobile. Knowing your contract end date helps you plan whether to accept the increase or switch networks.

More O2 Price Rise Resources

If you need further assistance with O2 price increases:

  • Call 202: Free from your O2 mobile (Mon-Fri 8am-9pm, Sat-Sun 8am-8pm)
  • Call 0344 809 0202: From any other phone
  • My O2 App: Check your contract details and chat with support
  • PAC Code Guide: Learn how to switch networks
  • O2 Cancellation: Full cancellation guide
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Written by Sarah Mitchell

Mobile & Broadband Specialist

Sarah has over 8 years of experience helping UK consumers navigate mobile and broadband issues. Previously worked in telecommunications customer service and now writes guides to help others avoid common pitfalls.

Last reviewed: January 2026