DiGi offers iPhone 4S “contract extension” for existing iDiGi subscribers

Not to be outdone by Maxis, DiGi is also offering a contract extension scheme for its existing subscribers who are currently tied-up with an iDiGi contract. The scheme – essentially an early termination offer – allows DiGi subscribers with still running iDiGi contracts to sign-up for a new contract to get the iPhone 4S.

The catch is, you have to pay a fee of RM150 to terminate your existing contract and start with a new contract for the iPhone 4S. To qualify for the offer, you will need to serve more than 12 months on your existing iDiGi contract. In addition, you must not have any outstanding payment in your account and if you opted for an Easy Payment Plan for your earlier iPhone purchase, you have to clear that as well. And finally, the offer is only available through DiGi Store Online and is valid from 9 December 2011 through 28 February 2012.

While DiGi calls this “contract extension”, what the scheme is essentially is an offer to terminate your existing contract earlier by paying a nominal fee. This differs from what Maxis is offering. Where with DiGi, you’re effectively terminating your earlier contract and starting off with a new one, with Maxis, you don’t have to pay any termination fee and just extend your existing contract for a maximum of 30 months (= your remaining months + your current contract extension).

What DiGi is offering is good if you’ve just crossed 13 months on your existing iDiGi contract and want to upgrade to the iPhone 4S. With the offer, you pay RM150 and forfeit whatever remaining months left in your existing contract and start off with a fresh contract. This is good if you have over three months more remaining in your existing contract, but if you have just one month or less to go, you could probably plead your case with DiGi be eligible for a new contract without paying any fee.

So what do you think? Is this a good deal of existing customers? Or do you prefer the contract extension offered by Maxis?

Head on over to after the jump for the full T&C on DiGi’s Early Contract Renewal offer.

Early Contract Renewal

1. The Customer may renew their contract from an earlier iDiGi plan to the new iDiGi plan as stipulated herein, provided that the following conditions are met:
1.a. The Customer’s remaining tenure with the previous iDiGi plan is less than twelve (12) months;
1.b. The Customer has no outstanding payments with DiGi
1.c. The Customer is not an existing Easy Payment Plan (“EPP”) customer. EPP customers shall not be entitled to this upgrade. This plan is only available to iDiGi plan Customers who subscribed with cash or credit card (one-time payment);

2. Upgrade fee of RM150 shall be charged to the Customer. No penalty/termination fee shall be imposed upon the Customer for the renewal of contract;

3. With early contract renewal, the previous iDiGi plan shall cease to exist and will be replaced by the new plan. As such, any rebates granted during the tenure of the previous iDiGi plan shall be forfeited;

4. The 24-month contract commences from the date of commencement of the new plan;

5. The early contract renewal is available from 9 December 2011 until 28 February 2012 via DiGi Store Online only. It is not applicable via other channels.

[Thanks iHelpBoard for the additional tip]