In a statement, Angus Sullivan, group executive for Retail Banking Services, said: "We’re looking at how we can help save customers money with their everyday bills and commitments and our decision to partner with More Telecom and Tangerine highlights how we’re continuing to reward our customers.
“As the country’s biggest supporter of getting Aussies into homes, we are reimagining banking for our customers, creating more value for them, putting more money back in their pockets, and helping them save money by exposing them to new ways of doing things and new quality products and services.”
"...we are uniquely positioned to help customers manage these costs," he added. "We will do this by utilising our technology to provide personalised offers via the CommBank app to those customers we know will benefit from switching broadband providers.”
The bank said the deals with the two RSPs came in the wake of its recent partnerships with Little Birdie and Amber to offer savings on deals and energy to its customers.
More Telecom and Tangerine co-founder Andrew Branson said the partnership would help fast-track the RSPs expansion plans and accelerate growth.
“We aggressively entered the NBN market in 2013 and have built our customer base to become one of Australia’s largest privately owned telcos," he said.
"Our plan was always to capture a significant market share in NBN and partnering with Australia’s largest bank to distribute our products and services will only help that.”