Deal ends 3 July.
Edit 29/06: I've switched the deal to the $49 plan as it's a 1 month contract instead of 24 months, preventing issues with cancelling the contract. You can still get a cheaper deal through the 24mth plans.
Edit 01/07: Confirming the $99 plan provides $1400 off an S23+ unlike the previous EOFY $89 plan promo, making the S23+ 256GB $0 upfront. Thanks @BargainsGrabber
The maths based on an S23+ 256GB (starting with the ticketed phone price, minus the phone discount for signing up to a plan, plus any plan cancellation fees) is as follows:
$49 plan: 1399 - 400 = $999 (no lock-in contract)
$69 plan: 1399 - 850 + 431.25 = $980.25
$99 plan: 1399 - 1399 + 766.67 = $766.67 (best value)
The title pricing takes the approach of cancelling the $49 plan immediately without usage. Works out to $999 (+$49 for first month if you use the plan and don't request a refund on that). Works out better value than the all-time Amazon low with the Watch. As with the S23 on the $49/mth plan you can either cancel early or continue your monthly plan, additional to any upfront cost of the S23 purchase in-store.
1) Get an S23+ 256GB outright - or 512GB for $200 more - by signing up to the JB "Upfront" plan in-store (port-in or get a new number, current Telstra customers are ineligible). You'll also have a pending charge for the first month of the plan as soon as you sign up.
Also try price matching Bing Lee for another $42 off
2) Contact Telstra and cancel the plan (CIS here.) Once the Telstra charge for the first month is no longer pending on your card, you can request they refund that if you haven't used the plan (don't install the SIM card). For the $69/$99 plans only, after cancellation you'll be billed a Maximum Voucher Repayment Fee of $431.25 or $766.67 respectively.
3) Redeem Galaxy Watch5 LTE 44mm from the Samsung Redemption website.
Thanks mate. Can't believe a company like Samsung can be so inefficient with their systems and processes.