Argos moves into financial price comparison business

UK retailer Argos is moving into the financial services price comparison market with the launch of a new Website, Argos Compare.

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Argos moves into financial price comparison business

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Argos says the new service will scan 65 car insurance providers and 25 home insurance providers for the best deals on car, home and travel insurance as well as checking best buy tables for mortgages, pensions, credit cards and utility suppliers.

As an added incentive, Argos is offering 'cash back' loyalty vouchers to users. The retailer says it will give customers £30 worth of Argos vouchers against every car insurance purchase and £15 worth of vouchers on home insurance sales.

Greg Ball, MD of Argos Financial Services, says: "Argos.co.uk is the UK's leading high street internet Website and that popularity means we can focus on providing the best possible deals for our consumers, rather than advertising it."

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