Defaqto Star Ratings - based on facts, not opinion
With so many financial products available, finding the right one can be challenging. It can also be difficult to understand the details and the differences between products, in amongst all the jargon and small print used in the documents and policies.
Even if you did read all the details, how would you compare them? How would you know what’s important and what’s not? And would you have the time to do it?
Our experts have done all the hard work for you, by researching and analysing the terms and conditions for every product on the market. We rate them on a scale of 1 to 5 based on the quality and comprehensiveness of the features and benefits they provide.
A 1 Star Rating indicates a basic product, with a low level of features and benefits, while a 5 Star product provides one of the highest quality offerings in the market.
We rate over 12,000 financial products including 8,000 home, motor and travel insurance policies; over 1,500 other insurance policies; over 500 current accounts and credit cards; 1,000 life and protection policies and over 600 wealth and pension products.
We aim to rate every product on the market. Financial product providers may choose to license their Star Rating to show the quality of their product, but they do not pay us to rate their products.