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Cheap 5G Phones Under £500 2020

5G phones often come with a hefty price tag. Finding a 5G phone under £500 may seem a challenge but we've done the work for you. Check out the latest 5G mobile phones deals for April 2020.
5G Mobile Phone Deals
Finding a cheap 5G mobile phone deal is difficult, with most monthly deals costing over £1500 over the duration of a 24 month contract. Consumers need to save money now more than ever, we've put together a list of the best 5G mobile phones deals that can be purchased sim free for less than £500. check out the deals below.

Cheap Sim Free 5G Mobile Phone Deals

Xiaomi Mi 10 Lite 5G£308
Xiaomi Redmi K30 Pro£464
Honor 30S£272
ZTE Axon 11 5G£307
Xiaomi Redmi K30 5G£212
Realme X50 5G£232
vivo Z6 5G£365
TCL 10 5G£352
Xiaomi Mi Mix 3 5G£400
Lenovo Z6 Pro 5G£352
Oppo Reno3 Youth£350
Coolpad Legacy 5G£317

As mentioned above. Most well known branded mobile phones come with a cost that most UK consumers can't afford. Looking outside of the usual brands you can find a high spec phone for an amazing price.

Buying a 5G phone sim free and purchasing a sim only contract can save a lot of money. Comparing leading 5G smartphones to lesser known brands really shows the difference in cost. Check out these 5G mobile phones deals that come with no upfront cost. All deals come with unlimited data and no limit on calls or texts. The total phone cost shows the total amount paid over a 24 contract

Current Leading Top Branded 5G Handset Contract Costs

Data GB
Monthly Cost
Total Phone Cost
Huawei P40 ProUnlimited£70£1680
Samsung Galaxy S20 5GUnlimited£70£1680
Samsung Galaxy S20 Ultra 5GUnlimited£84£2016
Samsung Galaxy Note 10 Plus 5GUnlimited£90£2160
OnePlus 7 Pro 5GUnlimited£70£1680
Huawei Mate 20X 5G Unlimited£78£1872
LG V50 ThinQ 5GUnlimited£68£1632
Oppo Reno 5GUnlimited£55£1320
Xiaomi Mix 3 5GUnlimited£54£1296

With the average wage of the UK being £28,000, these devices are just not affordable for some people. 

Taking a look at lesser known brands with similar specifications can save you a lot of money. We've put together unlimited sim only deals with the cheaper phones above to show you how to save money on your 5G mobile phone deals. The current cheapest deal is with Three at £18 per month. We've based our calculations on a 24 month contract.

Buying Sim Free and Getting a Sim Only Plan

Monthly Cost
Sim Free Phone Cost
Total Phone Cost
Xiaomi Mi 10 Lite 5GUnlimited£18£308£740
Xiaomi Redmi K30 ProUnlimited£18£464£896
Honor 30SUnlimited£18£272£704
ZTE Axon 11 5GUnlimited£18£307£739
Xiaomi Redmi K30 5GUnlimited£18£212£644
Realme X50 5GUnlimited£18£232£664
vivo Z6 5GUnlimited£18£365£797
TCL 10 5GUnlimited£18£352£784
Xiaomi Mi Mix 3 5GUnlimited£18 £400£832
Lenovo Z6 Pro 5GUnlimited£18£352£784
Oppo Reno3 YouthUnlimited£18£350£782
Coolpad Legacy 5GUnlimited£18£317£749

Looking at the costs above it clear shopping aorund for a 5G mobile phone deal can save over £1000's on the total phone cost over a 24 month period. The key factor to saving money on a 5G mobile phone deal is looking at the specifications. Lesser knows brands now offer phones with specifications that often rival leading brands.