Compare for Good was launched today by Oxfam supporter Joan Collins.
It allows customers to find the most competitive deal on a range of financial products and services, while raising funds for Oxfam.
It is the first time a not-for-profit organisation has entered the price comparison market.
Compare for Good is powered by beatthatquote.com and offers price comparison services and advice on a range of financial products, from mortgages, insurance, loans and credit cards to gas, electricity or travel.
Ivan Massow, managing director of Compare for Good, says: “Compare for Good is a unique way of raising money for charity on a long-term basis. I think this can be the next big thing and has the potential to raise millions of pounds for Oxfam while offering consumers the chance to find a bargain.”
The website ring fences a minimum of two thirds of its entire revenue for Oxfam with the remainder of the income being used for running and administration costs.