Money for nothing: Aussies score cashback on household bills
Key takeaways
- 12.6 million people are willing to switch providers for a cashback reward
- Energy, mobile, and broadband top the list
- 20% would switch health insurance providers
Aussies are being offered cashback rewards to switch everything from their internet to their insurance, and millions are ready to jump, according to new research by Finder.
A Finder survey of 1,015 respondents revealed 3 in 5 Australians (59%) would switch providers for a cashback reward. That's 12.6 million people willing to move for a financial incentive.
Energy plans top the list, with nearly 1 in 3 (31%) saying they'd switch for a cash bonus, closely followed by mobile phone plans (30%).
Finder's research found 1 in 4 (25%) would take their broadband or savings account (24%) elsewhere for a cashback deal, while 1 in 5 (20%) would switch health insurance providers.
The same share would consider changing credit cards (20%), while fewer would move their share trading (7%) or home loan (7%).
Taylor Blackburn, personal finance specialist at Finder, said cashback is no longer limited to retail splurges.
"Many Australians know they can earn cashback on everyday shopping, but now we're seeing those same rewards applied to the bills that hit households the hardest.
"With the cost of living still front of mind, cashback offers can provide a meaningful incentive for people to reassess whether they're getting the best deal."
Finder is now offering around two dozen leading cashback deals across a range of household bills in concert with comparison – giving Australians the chance to stack rewards across multiple expenses.
Blackburn said the fact that so many Aussies are willing to switch providers for a financial reward shows just how powerful even a modest cash incentive can be.
"Stacking cashback across multiple household bills – from your home loan to broadband – could add up to hundreds of dollars back in your pocket each year."
Blackburn warned Aussies not to be blinded by upfront perks.
"Loyalty doesn't always pay in today's market, and consumers are increasingly open to moving if there's a clear financial benefit.
"The key is to look beyond the upfront reward and make sure the ongoing costs still represent good value over time."
Blackburn said while switching providers can feel like a hassle, cashback is proving to be the tipping point that gets Australians to act.
"With hundreds of dollars potentially up for grabs, now is the time for households to review their bills and see where switching could unlock savings."
Would receiving a cashback reward (e.g. $500) make you more likely to do any of the following?
| Switch energy providers (electricity/gas) | 31% |
| Switch mobile phone plans | 30% |
| Switch broadband | 25% |
| Switch savings accounts | 24% |
| Switch credit card | 20% |
| Switch health insurer | 20% |
| Refinance your home loan | 7% |
| Switch share trading | 7% |
| No reward would make me switch anything | 41% |
| Source: Finder survey of 1,015 respondents, March 2026 |  |
Credits
- PR team: Taylor Blackburn, Kate Boddington, Natascha Kwiet-Evans, Jamie Hersch
- Insights research team: Graham Cooke, William Capada, Karen Manalaysay
- Survey operation: Qualtrics
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