CommBank and More are providing Australian university students discounted mobile and internet plans when they sign up using their CBA credit or debit card as their online bill payment method.
The offer applies throughout Orientation Week (O-Week), which for many uni students is in late-February.
The offer is a once off annual discount to be applied on a monthly basis over a period of 12 months in a bid to help reduce the cost of unavoidable and ongoing expenses for uni students.
More’s post-paid, SIM-only mobile plans come with no lock-in contract.
With the CBA discount applied, the 22GB plan is priced at $18.90 per month.
More also uses parts of Telstra's network (not the full network) and offers international roaming packs.
CommBank stalls will be set up on-campus during O-Week where students can learn more about the deals and other offers available.
Students will be able to pick up a physical SIM card from 30 selected branches.
The offer comes as recent CBA research revealed 90% of 18-24 year olds are concerned about the rising cost of living.
Of the 1,012 respondents, 36% feel they are paying too much for their current mobile plan, with 68% revealing they would change their plan if they found a better deal.
Yet despite their openness to switching, less than one in five have actually switched telecommunications providers (phone or internet) recently to help save money.
CBA General Manager Strategy and Sustainability Ben Morgan said the partnership aims to help students better manage their day-to-day finances.
“Our research shows that young adults, many of whom are students, are looking to save money on their everyday bills and commitments such as mobile and internet – they just need access to great deals and discounts to help them make the switch,” Mr Morgan said.
“We’re pleased that by working with More, we can put money back into their pockets and help them save for their future goals."
More CEO Andrew Branson said switching mobile and internet providers isn’t as difficult as one might believe.
“The research suggests that young adults are more open to switching, and my advice to students is don't put off changing to a better suited and more affordable telco provider,” Mr Branson said.
“Switching is easy and in the current environment, every dollar counts.”
Read More: How to prepare for the rising cost of living
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