The website offers its price comparison services completely free of charge to users – meaning anyone and everyone can benefits from using the website. Compare Bear makes their money from the utilities companies by receiving a referral fee for every new customer that signs up with them. Co-founders Speight and Tyur’kov mission to help Aussies save money doesn’t end with internet and broadband comparison – they plan to soon set up price comparison services for a number of other everyday utilities. Some ideas that have been put forward so far are travel insurance comparison, mobile plan comparison and electricity comparison.
The new website continues to provide users with more helpful resources for saving money. As well as the handy price comparison tool, the website has an informative blog which gives up to date information on how users can continue to save money on their everyday household expenses.