Phones / Honor / Magic V5

Honor Magic V5
Cheapest right now: £59.25/mo on O2 from O2 with £30.00 upfront.

Buy outright from £1,479 (O2)

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Honor Magic V5

1 retailer · 1 network · 512GB

At a glance. The Honor Magic V5 is currently sold on contract by O2, on O2. The cheapest deal by effective monthly cost is £59.25 a month with £30.00 upfront over 36 months on O2, which works out at about £53.75 a month all in. If you would rather buy it outright, the lowest SIM-free price we track is £1,479 from O2 — worth comparing against the contracts above, paired with a SIM-only plan. Key specs: 7.95" foldable ltpo amoled, a Qualcomm SM8750-AB Snapdragon 8 Elite (3 nm) chip, IP58 water resistance.

Contract or buy outright?

The cheapest new 512GB contract, against buying the same phone outright and adding the cheapest SIM plan with at least 30GB of data, over 36 months.

ContractO2
Upfront£30
Monthly£59.25
36 months£1,935
See contract
Cheaper
Outright + SIMO2 + iD Mobile
Phone, outright£1,479
SIM £7.00 × 36£252
36 months£1,731
See phone

Buying outright and adding a SIM saves £204 over 36 months — and you are free to switch network any time.

Assumes the SIM plan price (iD Mobile sim only, 50GB, rolling monthly) stays the same for the whole period; contracts may also rise each year. Add price rises or cashback in the calculator.

Key specs

Screen7.95"
DisplayFoldable LTPO AMOLED
Resolution2172 x 2352
ChipsetQualcomm SM8750-AB Snapdragon 8 Elite (3 nm)
Front camera20 Megapixels
Water resistanceIP58/IP59 dust protected and water resistant (high pressure water jets; immersib
Weight222g
Dimensions156.8 x 74.3 x 8.8 mm

Every contract for the Magic V5, ranked by true cost

Sort by True monthly cost Monthly price Upfront cost Total cost Most data

24 deals match. Prices last checked 29 October 2026.

O2O2
Honor Magic V5
512GB · Black
Data30GB
MinutesUnlimited
TextsUnlimited
Term36 mths
5G 3 months Free Disney+ O2 Priority Unlocked Phones Charge to mobile

Device plan £40.25/mo for 36 months, airtime £19.00/mo for 24 months

The whole bill36 months
Upfront£30.00
Device £40.25×36£1,449
Airtime £19.00×24£456
True cost£1,935
£53.75/mo real
Headline is honest See deal at O2
O2O2
Honor Magic V5
512GB · Black
Data125GB
MinutesUnlimited
TextsUnlimited
Term36 mths
5G 3 months Free Disney+ O2 Priority Unlocked Phones Charge to mobile

Device plan £40.25/mo for 36 months, airtime £21.00/mo for 24 months

The whole bill36 months
Upfront£30.00
Device £40.25×36£1,449
Airtime £21.00×24£504
True cost£1,983
£55.08/mo real
Headline is honest See deal at O2
O2O2
Honor Magic V5
512GB · Black
DataUnlimited
MinutesUnlimited
TextsUnlimited
Term36 mths
Unlimited data 5G 3 months Free Disney+ O2 Priority Unlocked Phones Charge to mobile

Device plan £40.25/mo for 36 months, airtime £23.00/mo for 24 months

The whole bill36 months
Upfront£30.00
Device £40.25×36£1,449
Airtime £23.00×24£552
True cost£2,031
£56.42/mo real
Headline is honest See deal at O2
O2O2
Honor Magic V5
512GB · Black
Data5GB
MinutesUnlimited
TextsUnlimited
Term36 mths
5G 3 months Free Disney+ O2 Priority Unlocked Phones Charge to mobile

Device plan £40.25/mo for 36 months, airtime £24.00/mo for 24 months

The whole bill36 months
Upfront£30.00
Device £40.25×36£1,449
Airtime £24.00×24£576
True cost£2,055
£57.08/mo real
Headline is honest See deal at O2
O2O2
Honor Magic V5
512GB · Black
Data30GB
MinutesUnlimited
TextsUnlimited
Term36 mths
5G 6 months Free Disney+ O2 Priority Unlocked Phones Charge to mobile

Device plan £40.25/mo for 36 months, airtime £27.99/mo for 24 months

The whole bill36 months
Upfront£30.00
Device £40.25×36£1,449
Airtime £27.99×24£671.76
True cost£2,150.76
£59.74/mo real
Headline is honest See deal at O2
O2O2
Honor Magic V5
512GB · Black
Data125GB
MinutesUnlimited
TextsUnlimited
Term36 mths
5G 6 months Free Disney+ O2 Priority Unlocked Phones Charge to mobile

Device plan £40.25/mo for 36 months, airtime £29.99/mo for 24 months

The whole bill36 months
Upfront£30.00
Device £40.25×36£1,449
Airtime £29.99×24£719.76
True cost£2,198.76
£61.08/mo real
Headline is honest See deal at O2
O2O2
Honor Magic V5
512GB · Black
DataUnlimited
MinutesUnlimited
TextsUnlimited
Term36 mths
Unlimited data 5G 6 months Free Disney+ O2 Priority Unlocked Phones Charge to mobile

Device plan £40.25/mo for 36 months, airtime £31.99/mo for 24 months

The whole bill36 months
Upfront£30.00
Device £40.25×36£1,449
Airtime £31.99×24£767.76
True cost£2,246.76
£62.41/mo real
Headline is honest See deal at O2
O2O2
Honor Magic V5
512GB · Black
Data5GB
MinutesUnlimited
TextsUnlimited
Term36 mths
5G 6 months Free Disney+ O2 Priority Unlocked Phones Charge to mobile

Device plan £40.25/mo for 36 months, airtime £32.99/mo for 24 months

The whole bill36 months
Upfront£30.00
Device £40.25×36£1,449
Airtime £32.99×24£791.76
True cost£2,270.76
£63.08/mo real
Headline is honest See deal at O2
O2O2
Honor Magic V5
512GB · Black
Data30GB
MinutesUnlimited
TextsUnlimited
Term24 mths
5G 3 months Free Disney+ O2 Priority Unlocked Phones Charge to mobile
The whole bill24 months
Upfront£30.00
Device £60.38×24£1,449.12
Airtime £19.00×24£456
True cost£1,935.12
£80.63/mo real
Upfront adds £1.25/mo See deal at O2
O2O2
Honor Magic V5
512GB · Black
Data125GB
MinutesUnlimited
TextsUnlimited
Term24 mths
5G 3 months Free Disney+ O2 Priority Unlocked Phones Charge to mobile
The whole bill24 months
Upfront£30.00
Device £60.38×24£1,449.12
Airtime £21.00×24£504
True cost£1,983.12
£82.63/mo real
Upfront adds £1.25/mo See deal at O2
O2O2
Honor Magic V5
512GB · Black
DataUnlimited
MinutesUnlimited
TextsUnlimited
Term24 mths
Unlimited data 5G 3 months Free Disney+ O2 Priority Unlocked Phones Charge to mobile
The whole bill24 months
Upfront£30.00
Device £60.38×24£1,449.12
Airtime £23.00×24£552
True cost£2,031.12
£84.63/mo real
Upfront adds £1.25/mo See deal at O2
O2O2
Honor Magic V5
512GB · Black
Data5GB
MinutesUnlimited
TextsUnlimited
Term24 mths
5G 3 months Free Disney+ O2 Priority Unlocked Phones Charge to mobile
The whole bill24 months
Upfront£30.00
Device £60.38×24£1,449.12
Airtime £24.00×24£576
True cost£2,055.12
£85.63/mo real
Upfront adds £1.25/mo See deal at O2
O2O2
Honor Magic V5
512GB · Black
Data30GB
MinutesUnlimited
TextsUnlimited
Term24 mths
5G 6 months Free Disney+ O2 Priority Unlocked Phones Charge to mobile
The whole bill24 months
Upfront£30.00
Device £60.38×24£1,449.12
Airtime £27.99×24£671.76
True cost£2,150.88
£89.62/mo real
Upfront adds £1.25/mo See deal at O2
O2O2
Honor Magic V5
512GB · Black
Data125GB
MinutesUnlimited
TextsUnlimited
Term24 mths
5G 6 months Free Disney+ O2 Priority Unlocked Phones Charge to mobile
The whole bill24 months
Upfront£30.00
Device £60.38×24£1,449.12
Airtime £29.99×24£719.76
True cost£2,198.88
£91.62/mo real
Upfront adds £1.25/mo See deal at O2
O2O2
Honor Magic V5
512GB · Black
DataUnlimited
MinutesUnlimited
TextsUnlimited
Term24 mths
Unlimited data 5G 6 months Free Disney+ O2 Priority Unlocked Phones Charge to mobile
The whole bill24 months
Upfront£30.00
Device £60.38×24£1,449.12
Airtime £31.99×24£767.76
True cost£2,246.88
£93.62/mo real
Upfront adds £1.25/mo See deal at O2

Buy the Magic V5 outright

Pair it with a SIM-only plan. Whether that beats a contract depends on the phone — see the verdict above.

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