Compare The Market

Comparing cover at Compare the Market: pick your insurance type, then run the quote and buy the policy through ShopBack before you pay: ShopBack Cashback works like a discount, only easier than a promo code. Compare the Market is an Australian comparison website operated by Compare The Market Pty Ltd (ACN 117 323 378, AFSL 422926) and based in Brisbane. It started in 2012 as a small team and now has more than 400 employees and reports 23 million comparisons to date. It compares health, car, home and contents, travel, pet, landlord, life, income protection, business, and CTP insurance, plus electricity and gas plans, home loans, and fuel prices. Policies taken out through the ShopBack Compare the Market page can earn Cashback at the current published rate.

You answer a few quick questions about what you need, the site returns quotes from its partner brands, and you can switch to a policy that suits your budget. The comparison is free of charge; the business earns from its partners rather than from you. Compare the Market states that it does not compare all products or all products from all brands. ShopBack Cashback only applies when a comparison ends in an eligible policy purchase.

As of 2026 the health insurance panel lists nine partner funds: AIA Health, Australian Unity, Bupa, Frank Health Insurance, GMHBA, HBF, HCF, nib, and see-u by HBF. Hospital cover is sorted into the Basic, Bronze, Silver, and Gold tiers, and extras cover handles dental, physio, and glasses. Medibank is not on the panel. A health policy bought through the ShopBack Compare the Market page is the product that earns Cashback.

The ShopBack Compare the Market page lists health insurance (hospital and extras, or hospital only) and income insurance. Cashback is a fixed amount per eligible policy you buy, and the exact figure is published on the ShopBack Compare the Market page.

Two dates drive Australian health insurance timing. Lifetime Health Cover loading starts if you have no hospital cover by 1 July following your 31st birthday, adding 2% to premiums for each year you delay, so the weeks before 1 July are the busiest comparison window. The Medicare Levy Surcharge applies at tax time to higher earners without hospital cover (the ATO sets the income thresholds each financial year), which makes the lead-up to 30 June the second window. ShopBack upsizes on the merchant appear on the ShopBack Compare the Market page when they run.

Going direct means filling in a separate quote with each fund and reading each fund's own tier language. Compare the Market gives you one form, nine partner funds, and a Brisbane contact centre on 1800 338 253 for help over the phone. A policy bought through the ShopBack Compare the Market page comes with Cashback.

All three. Hospital cover pays for inpatient treatment as a private patient and is sold in four government tiers, Basic, Bronze, Silver, and Gold, with higher tiers covering more clinical categories. Extras cover (also called ancillary or general cover) pays towards outpatient services Medicare does not cover, such as dental, physiotherapy, and prescription glasses. Combined cover packages both under one premium. The ShopBack Compare the Market page treats hospital and extras and hospital only as eligible health policies for Cashback.

Compare the Market's health insurance page states: buy health insurance with us, and if you find the same policy cheaper elsewhere, we'll give you 110% of the difference for the first year. The promise applies to the identical policy, so compare like for like. ShopBack Cashback comes from going through ShopBack before you pay.

Compare the Market runs at comparethemarket.com.au. Start from the ShopBack Compare the Market page, run the comparison and buy the policy there. The current Cashback is shown on the ShopBack Compare the Market page before you buy.

Start from the ShopBack Compare the Market page in the ShopBack app, on shopback.com.au or via the browser extension, then go to comparethemarket.com.au and complete the quote and the policy purchase. The current Cashback is shown on the ShopBack Compare the Market page before you buy. The amount is a fixed sum per eligible policy rather than a percentage of your premium, so it does not change with the size of the premium.

There are three parts to check. First, Cashback: a fixed dollar amount per eligible insurance policy at the amount shown on this page, paid after confirmation, with separate rows for health, income, life, car, home and contents, landlord, pet and travel policies. Second, gift cards: ShopBack does not sell a Compare the Market gift card, and Compare the Market runs its own gift card promotions separately. Third, upsizes: when an upsize runs, the higher amount shows on this page with its own end date.

Because Compare the Market Cashback is a fixed amount per policy rather than a percentage, the sum is simple: first-year cost equals the premium you pay the insurer minus the amount shown on this page for that policy type. You pay the insurer the full premium and the amount comes back to your bank account or PayPal once the policy has stayed active through the confirmation time shown on this page. The amount applies to a purchased policy and is the same whether the premium is large or small.

Cashback confirms once a purchased policy has stayed active through the confirmation time shown on this page. Go through ShopBack before you pay and the Cashback tracks to your ShopBack account.

Compare the Market does not run promo codes in the retail sense; the prices you see are the insurers' own premiums. Compare the Market also runs its own gift card promotions, and insurers promote their own offers through its comparison. ShopBack Cashback works like a discount, only easier than a promo code: go through ShopBack before you pay.

Canstar is a ratings publisher first and a comparison site second: its Star Ratings score car, home, health, life and energy products on price and features, and its editorial covers banking categories such as home loans, credit cards and superannuation that Compare the Market only partly touches. Compare the Market is a quote-and-switch service across its participating insurers with a phone team. Use Canstar to shortlist a brand, then Compare the Market to get the live quote and buy. Both have ShopBack pages; Canstar's lists its own eligible categories, so compare the two rate tables before you start.

Compare the Market quotes four car cover types: comprehensive, third party fire and theft, third party property damage and CTP green slip, with a dedicated page for drivers under 25. On ShopBack, comprehensive and non-comprehensive car insurance can carry different amounts, so check the amount shown on this page for your policy type. Narrow the insurer first with the ShopBack NRMA vs Youi vs Budget Direct vs AAMI guide, then run the quote.

No. Compare the Market compares electricity and gas plans for the ACT, NSW, Queensland, South Australia and Victoria, but the ShopBack Compare the Market page covers insurance only. For an energy switch, ShopBack lists retailer comparison flows such as Alinta Energy (Compare), EnergyAustralia, Red Energy and OVO Energy Compare, plus the Econnex marketplace, each with its own new-customer rules. Use Compare the Market for the price comparison if you like, then switch through a ShopBack-listed flow.

No. Compare the Market runs an online mortgage broking service with a My Home Loans Dashboard, credit score checks, property and suburb reports, a stamp duty calculator and a borrowing power calculator, but the ShopBack Compare the Market page covers insurance only. The comparison is free to use regardless.

They can: check the amount shown on this page for life, income protection and pet insurance, since each policy type carries its own amount. Compare the Market compares life cover including TPD and trauma options, income protection with different waiting and benefit periods, and cat and dog insurance. Life and income policies involve underwriting by the insurer, and all three need to stay active through the confirmation time shown on this page before the Cashback confirms.

Compare the Market is the right pick when you have not chosen an insurer yet and want several brands' quotes in one form, when you are buying health cover before the 1 July Lifetime Health Cover deadline and want the Best Price Promise behind it, and when you are insuring several things at once, car, home and pet for example, because each eligible policy earns its own fixed Cashback through the ShopBack Compare the Market page. It also suits people who want phone help without a hard sell, through the Brisbane contact centre on 1800 338 253.

Skip Compare the Market when the insurer you want is not on its panel (Medibank for health, which you buy direct), when the product is energy, broadband or a home loan (no ShopBack Cashback here, while Alinta Energy (Compare), EnergyAustralia, Red Energy, OVO Energy Compare and Econnex pay on energy sign-ups), or when you already hold the policy and just want to renew, since a renewal is not a new purchase. If your only reason to leave is a small premium difference on health cover, the Best Price Promise covers that gap, so run the direct quote and bring it back.

The Simples app bundles Compare the Market's comparisons with fuel price checks and the home loans dashboard, but it is not the path for Cashback. To earn Cashback, start from the ShopBack Compare the Market page and complete the purchase on the Compare the Market website as normal. Use the Simples app for fuel prices and tracking your policies; use the web click-through from ShopBack for any policy you want Cashback on.

Compare the Market is based in Brisbane, Queensland, with a contact centre on 1800 338 253 for quotes and help. The business has operated since 2012, employs more than 400 people and is known for the meerkat characters in its advertising. ShopBack Cashback queries on a Compare the Market policy go through the ShopBack app rather than Compare the Market.

Yes. The ShopBack terms are written per completed policy purchase, so a household that buys a health policy, a comprehensive car policy and a pet policy through separate ShopBack click-throughs can earn the fixed amount on each row. Start every purchase from the ShopBack Compare the Market page in a fresh session, because each click only attributes the transaction that follows it. Each policy then runs its own 2-day tracking and 90-day confirmation clock.

Compare the Market runs its own gift card promotions from time to time, usually tied to buying a health or car policy through its site, so check comparethemarket.com.au for any switching offer before you buy. The ShopBack Compare the Market page lists the fixed Cashback amount for each policy type and the terms that apply, so you can compare it with the gift card value for your policy.

For insurance, start from the ShopBack Compare the Market page, continue to comparethemarket.com.au, run the quote and buy the policy there, and keep the policy active through the confirmation time shown on this page so the Cashback amount confirms. For health cover, the Best Price Promise is Compare the Market's own offer. For energy, compare on Compare the Market or the government's Energy Made Easy site; the ShopBack page shows which energy retailers are listed.

All three show you the same insurers' premiums, so the deal difference comes from what sits around the quote. Compare the Market quotes nine health partner funds in one form, backs health cover with its Best Price Promise, and is the only one of the three on this page that pays a fixed ShopBack Cashback amount per policy, which makes it the better pick when you want to buy online and bank a rebate. Canstar is a Brisbane research house whose star ratings and awards cover health, car, home and banking products, which makes it the better pick for a research-first shortlist before you buy anywhere. iSelect, which shares a parent company (Innovation Holdings Australia) with Compare the Market, is phone-led with consultants, so it wins when you want someone to walk you through a switch and are happy to forgo Cashback.

When an upsize runs, the higher amount shows on this page; otherwise the offer is the standard Cashback amount per eligible policy shown on this page. Upsizes on this merchant appear with their own end date on the page and in the app, and they have historically clustered around the 1 April health premium rise and the 30 June end of financial year, when switching peaks. Check the page before you buy, because a policy purchased during an upsize window is tracked at the upsized amount automatically.

Compare the Market Cashback on ShopBack is a fixed amount per policy, so the formula is simple: effective first-year cost equals the premium you pay the insurer minus the amount shown on this page for that policy type, paid to your bank account or PayPal after the confirmation time. The real figure is the dollar amount on the ShopBack Compare the Market page, not a percentage.

Compare the Market is a comparison service rather than a retailer, and premiums are set by the insurers rather than by sale windows on comparethemarket.com.au. The calendar that matters is regulatory: health funds raise premiums each 1 April, so compare in March before the rise takes effect; 30 June closes the financial year for the Medicare Levy Surcharge, and Lifetime Health Cover loading starts on 1 July after your 31st birthday if you hold no hospital cover; energy default market offers reset on 1 July, which is when retailer discounts are refreshed. Insurer-funded promotions, such as waived waiting periods on extras, tend to run in the lead-up to those dates. Going through ShopBack before you pay is an essential step whenever you buy a policy through Compare the Market.

ShopBack's guides on Compare The Market cover affordable cover for pets and whether it pays off, comparing home energy plans and finding the cheapest power provider in one state: Who Has Cheap Pet Insurance in Australia in 2026, and Is It Worth It?, How Do I Compare Electricity and Gas Deals in Australia in 2026? and Who Is the Cheapest Energy Provider in NSW in 2026?.