My Experience of Churning OptiComm Broadband Reducing Cost to ~ $51/Month

Been churning Opticomm plans for a while now after being with Leaptel for many years, and the maths has worked out as below:

Provider Speed Period Gross Cost Rewards/Cashback Net Cost Effective Monthly
Origin 100/40 6 months $357 5,000 Everyday Rewards points (~$25) ~$332 ~$55.33/month
Superloop 500/50 ~5 months $325 $110 TopCashback $215 ~$43/month
Origin (Planned) 500/50 6 months $336 - $336 $56/month

Overall:

  • Upgraded from 100/40 to 500/50 during the churns
  • TopCashback recorded and waiting to be paid
  • Total net broadband spend across all churns = ~$883 across ~17 months
  • Average effective cost across the whole churn period = about ~$51/month net

So basically:

  • Churn before promo pricing expires
  • Avoid loyalty tax
  • Keep taking advantage of cashback/rewards/promos
  • Same or better speeds while keeping long-term average costs lower

Hopefully gives others something to think about if still sitting on old loyalty pricing with their current OptiComm or NBN provider.

I believe I was paying $79/month with leaptel. I likely saving $450+ over the 17 months.

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Comments

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  • Attaboy, but this is nothing remarkable?

    • I hope this gives others some thoughts before paying loyalty tax or taking multi year contract.

      • Who’s taking multi year contracts for NBN?

      • If I don’t move house and switch from leaptel to one of the others and keep the same modem, is it like phone switching will it pretty much just work ? Or do I have to reconfigure every time

        • I did not need to do anything other than just call my new provider when I want the connection started. I did inform Leaptel my last day as well. It was easy peasey

          • @welcomeUniverseWorld: Not familiar with Opticomm but on NBN or Vision the 'no need to do anything' would depend on whether both your old and new providers connect via IPOE (no login credentials) rather than PPPoe (username and password required)

            • @Ponsonby: Providers use IPoE or PPPoE on OptiComm.

        • It depends on the provider you are changing to and what they use for authentication.

          IPoE to IPoE: no change.

          PPPoE to IPoE: change the router to IPoE.

          IPoE to PPPoE: change the router to PPPoE, ISP provided username and password.

  • I just got the loyalty tax email from Superloop. Cancelled immediately (giving 30 days notice). Hopefully the Origin deal is still going.

  • This only works if the provider pays the Opicomm connection fee of circa $100…..this is a key difference to NBN.

    • There is a fee? I wasn’t aware. I never paid any fees

    • What fee, I've been on the network since Telstra, churning to Exetel and now Superloop and never paid any Opticomm connection fees.

      • retail service activation fee of $99

        • Isn't that the first connection..?

          • @Given: Nope.

            • @offerd: Opticomm does charge a wholesale fee to process the switch, the majority of competitive internet providers absorb this cost to win your business.

              Check the Critical Information Summary (CIS) of your prospective new provider. Look specifically under the "Setup Fees" or "Activation Fees" heading to confirm it is $0.

              ​Another tip try to time your switch a few days before your current provider's next billing cycle begins. The churn process on Opticomm usually only takes a few hours, and most providers will not offer a pro-rata refund for the remainder of the month you have already paid for.

  • I just am hoping for the day that Opticomm goes bust and then we're aborbed into the general NBNCo network.

    • I’m with Leaptel via Opticomm and can’t complain about the consistent delivery of data. I thought it was sneaky of Leaptel to rather than upgrade all the 100mb speed customers for free to 500mb speed like what happened last year on NBN. Instead they added a 500mb plan for $2 a month more lol and don’t tell any customers. I found it manually myself , the net result being they can keep all their 100mb customers on the same speed at a lower wholesale price point for them . Sneaky

      • What is your cost per month and what speed you get?

        • I changed recently to 500/40 for $94.95. The 100/20 is $92.95.

          • @Onemoredeal: My speed is 500/50.. I think I get same speed as you. My current cost is $56. And my average cost for 17 month is ~$51 that is $747 less than you.

      • That and in general you're paying a little more for Opticomm compared to NBN.

        • I was with TPG for about 15 years on ADSL then FTTB then NBN and it always worked, then I move into Opticomm and I was put out of my comfort zone . I miss the TPG FTTB 100 speed for $60 haha good times

  • bro ive spent $883 on useless stuff in 3 months that isnt my internet connection.

    • And I’d rather waste 10 minutes churning than waste money on loyalty.

      • You made this post 2 and a half hours ago

    • You keep track of the cost of all the useless stuff you buy?

      • yes.
        i have spreadsheets of the money i spend on cars, boats, the house and expensive hobbies.

        • A true alpha

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