Commonwealth Bank is offering discounted 4G and 5G mobile SIM plans, as part of its partnership with telco More.

CBA is offering 30 per cent off a mobile SIM plan for the first 12 months, with an ongoing discount of 10 per cent if they sign up to More using a CommBank credit or debit card for their billing.

They will offer six post-paid mobile plans, with no lock-in contracts.

A 60GB 5G plan will cost $42.00 per month for the first 12 months under this deal. “The plans are among the cheapest in market,” claims the bank.

“We know people are looking more carefully at their bills and expenses, and the bank is constantly looking beyond traditional banking services to help both retail and business customers manage their finances and give them access to quality products and services that put money back in their pockets,” said CBA General Manager Strategy and Sustainability, Ben Morgan.

Research commissioned by CBA revealed 71 per cent of Aussies feel their mobile plan is “an unavoidable expense”, with 45 per cent looking to save money on their mobile plan to help with cost of living.

This research, most crucially for CBA, found that almost two thirds (60 per cent) would change their plan if they found a cheaper offer.

“We’re so excited to continue offering great deals and discounts to millions of Australians through our partnership with CBA,” More CEO, Andrew Branson, said.

“With many Australians looking closely at their weekly and monthly budgets at additional ways they can save, and we have the ability to actually help reduce costs on items that families can’t live without.”