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How to slash up to 40 percent off your mobile phone bill

If you’re looking to cut costs, your phone plan could be one place to start – and one provider has announced it is freezing its prices for 18 months.

Circles.Life has made the extraordinary move to freeze its prices in response to other telco’s price hikes.

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“Telstra recently put up its mobile plan prices for a lot of customers and has said that it’s planning to increase its prices every year with inflation,” WhistleOut managing editor Alex Choros said.

“Optus also put up its mobile prices for customers on some of its older plans.”

Circles.Life, a virtual provider piggybacking off Optus’ 4G network, is a relative newcomer to the market.

It believes its price lock could see Aussies pay around 10 to 40 per cent less than the average price plan.

Under Circles.Life’s ‘Big Price Freeze’ deals, customers can pay $30 a month for 100GB of data, or $20 a month for 30GB of data – that’s 40 percent cheaper than the average plan price.

Compare that with Telstra’s current basic plan, which is $58 for 40GB of data, while the basic plan from Optus is $45 a month for 20GB of data.

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But if you are thinking of switching to a smaller telco, there are a few things to consider.

“Because they don’t own their own network, you may not get the full service of one of the big telcos,” Sunrise tech expert Val Quinn said.

“For example, with Circles.Life, they are actually buying the 4G Optus network service, so you’re not getting 5G or faster phone services.”

“The big benefit of using a virtual telco is that they’re buying mobile minutes from the big telcos and repackaging this at a much cheaper price, so you can get a better deal.”

If you are thinking of switching to a smaller telco, there are a few things to consider. File image. Credit: Marco Geber/Getty Images

To ensure you’re always getting the best deal, the advice is to keep shopping around.

“I think it pays to swap phone plans every six months and just keep hopping from deal to deal.

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