MoneyExpert.com has launched the first ever market wide cashback deal from a price comparison site. The offer allows customers to take out car insurance using MoneyExpert’s extensive comparison service and benefit from a further £20 cashback on any policy selected.

The independent website says people who apply for car insurance through www.moneyexpert.com/Insurance/Home.aspx will see a table of quotes as normal with a new column that includes prices with the £20 cashback incorporated.

And because MoneyExpert’s comparison system is linked directly into all the main insurers, the quote you see will be the price you pay, guaranteed. The cashback is easy to redeem, with MoneyExpert.com promising to credit the money directly into your bank account within 60 days of the policy being taken out. MoneyExpert.com will also refund the difference if customers find a cheaper total price for their car insurance elsewhere. 

Sean Gardner, director of MoneyExpert.com, said: “Price comparison websites have made it much easier for motorists to check prices and have driven down costs across the board. But it can be very difficult to differentiate between them. There is often very little to choose between the cheapest deals on different websites.

“We have chosen to break the mould and share our commission with our customers. You can only get an extra £20 off your car insurance by comparing the market at MoneyExpert.com. There are no strings attached. So not only can you see the best possible rates available, but also enjoy a second discount through our unique offer.

“Once you have signed up for your car insurance you simply supply your policy details to us and we’ll transfer the cash directly into your bank account.”

MoneyExpert.com offers a unique service which enables people to find the financial products which best meet their specific needs, and which they are more likely to be successful in being accepted for. It includes exclusive research conducted by MORI, which reveals providers’ service levels. This information is married up with a financial database which lists the products suited to the customer. For the first time, people can review a product’s price, features and also the level of service offered by the provider to enable them to make a more informed choice.

MoneyExpert.com aims to demystify the complex world of personal finance, and to help inform customers of the choices available. The service can be found at www.moneyexpert.com