Best Samsung Z Fold 5 deals and plans in Australia for May 2024

Samsung Galaxy Z Fold 5
(Image credit: Tom's Guide)

Samsung's Galaxy Z Fold 5 is out now in Australia, and while the previously advertised pre-order bonuses have dried up, we're still here to help you find the best Galaxy Z Fold 5 plans and deals from the country's biggest telcos and retailers.

Easily the most premium foldable up for purchase in Australia, the new Z Fold 5 delivers a host of important refinements over its predecessor, including a new zero-gap hinge (finally), a thinner design and a range of software improvements, such as two-handed drag-and-drop functionality and better multi-tasking features.

Like the Z Flip 5 (which is also out now), the Z Fold 5 carries the same Snapdragon 8 Gen 2 for Galaxy chipset that powers this year's Galaxy S23 Ultra, meaning that battery life and performance improvements are to be expected.

As for colour variants, the Z Fold 5 is releasing in Phantom Black, Cream and Icy Blue, as well as two additional colours (Grey, Blue) that you can only get from Samsung's online store.

Aside from buying direct from Samsung, the Galaxy Z Fold 5 is also up for purchase from Optus, Vodafone and Telstra, with options to buy outright or on a plan (depending on the telco). 

Unlike the smaller Z Flip 5, Samsung's new Z Fold 5 has gone up in price slightly, now starting at AU$2,599 for the 256GB model, and topping out at AU$3,149 for the storage-heavy 1TB version. Thankfully, each of the carriers and retailers listed below is offering a free storage upgrade to the next highest capacity with pre-orders of the Z Fold 5, which should take the sting out of its price hike. 

Check out all of the best Z Fold 5 plans and deals being offered in Australia below.

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Galaxy Z Fold 5 models and pricing
ModelStoragePrice
Galaxy Z Fold 512GB/256GBAU$2,599
Galaxy Z Fold 512GB/512GBAU$2,799
Galaxy Z Fold 512GB/1TB AU$3,149

Samsung Galaxy Z Fold 5 specs

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Row 0 - Cell 0 Galaxy Z Fold 5
Inner Display7.6-inch QXGA+ (2176 x 1812) Dynamic AMOLED, 21.6:18 aspect ratio
Outer Display6.2-inch HD+ (2316 x 904) Dynamic AMOLED 2X, 23.1:9 aspect ratio
Refresh rateUp to 120Hz (Inner), 60Hz (Outer)
ChipsetSnapdragon 8 Gen 2
RAM12GB
Storage256GB/512GB/1TB
Rear cameras50MP main wide-angle, f/1.8,85 ̊ FOV + 12MP ultra-wide F2.2, 123 ̊ FOV + 10MP telephoto f/2.4, 36 ̊ FOV, 3X optical zoom
Selfie camera10MP f/2.2 85 ̊ FOV (outer) 4MP f/1.8 80 ̊ FOV (inner)
Battery4,400 mAh
Weight253 grams
ColorsIcy Blue, Phantom Black, Cream, Gray, Blue

Best Samsung Galaxy Z Fold 5 deals

Free bonus Samsung Galaxy Watch 6 when you buy the Fold 5 on a plan, and remain on an Optus Watch Plan for 24 or 36 months @ Optus

Free bonus Samsung Galaxy Watch 6 when you buy the Fold 5 on a plan, and remain on an Optus Watch Plan for 24 or 36 months @ Optus

Right now, Optus has the best incentive for those looking to score a Galaxy Z Fold 5, with the telco throwing in a free Galaxy Watch 6 (in Gold or Graphite) with the Galaxy Z Flip 5, Z Fold5 or S23 Series handsets, so long as you're on an eligible SIM plan and remain on a AU$10/mth Watch plan for 24 or 36 months. Pretty good deal!

Save AU$300 on the Samsung Galaxy Z Fold 5 when you connect to a plan + get a bonus AU$500 credit if you trade in an older device @ Vodafone

Save AU$300 on the Samsung Galaxy Z Fold 5 when you connect to a plan + get a bonus AU$500 credit if you trade in an older device @ Vodafone

Alternatively, Vodafone is offering AU$ 300 off the overall price of your when you stay connected to an elligible plan for either 24 or 36 months. On top of this, you can also trade in an eligible device in good working condition and score up to AU$500 in bonus value towards your handset.

Best Samsung Galaxy Z Fold 5 plans

Samsung Galaxy Z Fold 5 (256GB)40GB data24 monthsAU$140.79p/m

Samsung Galaxy Z Fold 5 (256GB) | 40GB data | 24 months | AU$140.79p/m

The Samsung Galaxy Z Fold 5 is undoubtedly pricey, an but Vodafone’s currently offering a AU$300 discount on the new premium foldable. You can save some more cash by opting for a cheaper mobile plan, and we think Vodafone’s got the best offer among the big three. We suggest getting the Fold 5 on a 24-month contract, and pairing it with Vodafone’s AU$45 Small plan. That’ll get you 40GB for a combined price of AU$140.79 a month.

Total cost over 24 months is AU$3,378.96

Samsung Galaxy Z Fold 5 (512GB)40GB data24 monthsAU$149.12p/m

Samsung Galaxy Z Fold 5 (512GB) | 40GB data | 24 months | AU$149.12p/m

A big phone like this is aimed at power users, so you may want to opt for the 512GB model. If so, the AU$45 Small plan is your cheapest option at Vodafone, and it comes with 40GB of data and 5G network coverage. Combined with handset repayments, you’ll pay AU$149.12 each billing. Vodafone will give you a AU$300 discount on the device, and you should also consider trading in an older phone if you’ve got one, as this will get you a AU$500 bonus credit.

Total cost over 24 months is AU$3,578.88

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Stephen Lambrechts

Stephen Lambrechts is the Managing Editor of Tom's Guide AU and has written professionally across the categories of tech, film, television and gaming for the last 15 years. Before Tom's Guide, he spent several years as a Senior Journalist at TechRadar, had a brief stint as Editor in Chief at Official Xbox Magazine Australia, and has written for such publications as APC, TechLife Australia, T3, FilmInk, AskMen, Daily Telegraph and IGN. He's an expert when it comes to smartphones, TVs, gaming and streaming. In his spare time, he enjoys watching obscure horror movies on physical media, keeping an eye on the latest retro sneaker releases and listening to vinyl. Occasionally, he also indulges in other non-hipster stuff, like hiking.