FAQ

Frequently Asked Questions
What is AutoMoneyBack?
AutoMoneyBack mission is to automatically reward you to shop for the necessary things in Life. For instance, we provides free instant car insurance quotes for comparison, Home and Commercial loan rates for comparison, to help you save time and money. What’s more, we give you Rewards Points when you buy, even when you buy a new or a pre-owned car.

What makes AutoMoneyBack unique?
We cover many insurers, banks, and authorized car dealerships in Singapore, and give you Rewards Points exchangeable for vouchers to use our services. Think of us as a permanent “Daily Deal”, or your favourite Group-on. Our entire system is automated, which means you get your quotes instantly, when you need them.

How does it work?
Take a few minutes to complete our wizard that will guide you through the insurer quotation process, and generate the relevant results based on your unique profile. At the results page, you can see the instant quotes that are obtained and generated for you, which a copy will go to your email, and you can select the quote that you are interested in and reply to proceed, and you will be contacted by the next working day to get your paperwork done for the cover sheet to be issued. Same for Home and property loans, Car buying and selling.

How soon can I expect a response?
As soon as you click on “Submit” to obtain your quote, your quote will be generated in a matter of minutes, and other insurers will reply within the same day. We aim to get back to you within a business day.

How updated are your rates?
If its the same insurer, whether you buy it from them, through an agent, or another broker or company, the quote will be the same. Some times you might see discrepancies, due to information being entered incorrectly – e.g. stating that you’re married vs single, or the car’s age incorrectly, might see premium fluctuations.

If you find a better rate elsewhere, send it to us, we’ll get our partners to match it and you get the best prices, and still enjoy the Rewards from us.

Do I need to pay a fee to use this service?
No, AutoMoneyBack does not charge a fee for processing your quote. The insurers, banks or dealers pay us a small fee for referring you to them, and we are able to collect to in turn pass a portion to you as rewards.

Am I obligated to work with the insurers I am matched with?
No, you are under no obligation to commit to any of the insurers that we match you with. You can even make use of comparison websites elsewhere, but bring the business to us, the quotes will be matched, and get Rewards Points for vouchers. The decision is yours and we’re here to help.

Why do you collect my contact information?
AutoMoneyBack collects that information only so that our insurers can contact you should you indicate you wish to be contacted. Otherwise, we will never share or sell your email address to a third party and we will never send you any unsolicited emails or SPAM.

I love your rewards! How do I give feedback on AutoMoneyBack to you guys?
We value any constructive feedback and are always open to suggestions on how we can improve our website, what services you want to have and be rewarded for, and provide even better service to you! Click on the “Contact Us” link to drop us a message!