Commission Rebates

Commission Refund Service Payments

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Posted March 5th, 2010 and last modified April 9th, 2010

Commission Rebate Payments Add Up to a Small Fortune

Commission Rebate Payments Add Up to a Small Fortune

The commission refund service you will get from Commission Rebates is at no cost to you at all. This may sound too good to be true, but we will always be paying you refunds, you will never have to pay us any fees. This is because we are repaying you your own money, and it is money you are entitled to, we are just collecting it on your behalf.

Whether you enlist the help of Commission Rebates to get back commissions, trailing fees and entry fees on new or existing loans, investments or insurance polices, after the first year of your membership with Commission Rebates, you will be sent a cheque for 50% of the first $480 we have recovered for you, plus 100% of the remaining balance in your refund account. That means we will only ever retain a maximum of $240 for our services and the rest will always be returned to you.

How You Receive Your Rebates

When you register with Commission Rebates, you will be allocated a refund account. This account is much like a regular savings account from a bank, and is where the trailing commissions generated by your financial products are deposited. At the end of each year you have been a registered member of Commission Rebates, you will receive a refund from the balance of your refund account.

After your first $480 has been recovered, for all refunds and amounts over that $480, you will receive 100% of the refund. No matter what size your investment, insurance policy or retirement fund, we are not going to charge you a percentage, but will always calculate our set fee for our refund services. We know you have come to us to regain the fees and commissions which are owed to you, and so we will only retain a fee which is fair to cover our costs of collecting your refunds, after that we will make sure that 100% of the trailing commissions are returned to you, because after all, it is your account which generated those fees and commissions in the first place.

Example of a Refund on Investments

To give you an idea of how much you can really benefit from registering with Commission Rebates, below is an example of a typical investment amount, and how much of the commissions you can expect to receive as a rebate:

On an investment of $50,000 with an average commission of $200 per year, at a 0.4% commission rate, your annual refund would be $100.
On an investment of $100,000 with an average commission of $400 per year, at a 0.4% commission rate, your annual refund would be $200.
On an investment of $150,000 with an average commission of $600 per year, at a 0.4% commission rate,  your annual refund would be $360.
On an investment of $300,000 with an average commission of $1,200 per year, at a 0.4% commission rate, your annual refund would be $960.

You can request your refunds by registering now.



Helpful related resources

  • Commission Rebates Reports for Your Accounting Building reports on your commission rebates for your accounting files and tax obligations is just as easy as registering for and receiving the rebates themselves. Commission Rebates makes sure you always have detailed and easy to understand information about your account and your refunds so you can concentrate on enjoying those refunds.
  • Commission Refund Service for New Policies Opening a new superannuation, investment account or home loan can be expensive and stressful, so why not take back some of those expenses by being refunded the commissions from your policies? Commission Rebates can get you the commissions you’re entitled to from any new policy when you register now.
  • Real Estate Agent Commission Rebates The profits from the sale of your home can easily be eaten away by agent’s fees and commissions, but you can request a refund by registering now with Commission Rebates, and get back thousands of dollars in agent commissions.
  • Trailing Commissions If you think all of your insurance premiums are going toward your policy, or that your superannuation and investment accounts are working for you alone, you could be wrong because a number of financial products you already own – from your home loan and life insurance, to your superannuation account and your investments – are paying trailing commissions to brokers and advisors, when Commissions Rebates can have those commissions paid to you.
  • What are the Commission Rebate Fees? Getting a refund on the commissions paid from your financial products can seem like more trouble than it’s worth if you have to pay mountains of ongoing fees. However, with Commission Rebates you pay a flat, once off fee, and the rest of your trailing commissions really are yours to keep.
  • Financial Planning with Commission Refunds
  • Commission Refunds with Credit Cards
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Editor's Choice: Commission Rebate Service

Service Details Value of Rebate Fees Refund to You
iRefund Details & Application
iRefund Commission Refunds

The iRefund commission collection and refund service is a no-cost service. That is, iRefund will always be paying you, our members, the fees and commissions that we collect on your behalf. .

First $790 $395 (50%) $395 (50%)
Amount in excess of $790 $0 (0%) $395+ (100%)
BankWest MasterCard Details & Application
MyMoney Commission Refunds

Get all your trailing commissions rebated to you. There are no upfront fees charged, an annual fee is paid to MyMoney from the commissions refunded. There is no joining fee or member fee. So the service is free to you.

First $480 $240 (50%) $240 (50%)
Amount in excess of $480 $0 (0%) $480+ (100%)


Example of the potential refund

Value of Investments Average Rate Commission Annual Refund
$50,000 0.4% $200.00 $100.00
$100,000 0.4% $400.00 $200.00
$150,000 0.4% $600.00 $360.00
$300,000 0.4% $1,200.00 $960.00
Note: Commission rates will vary between investments and this table excludes any initial commissions or commissions on continuing contributions to your superannuation funds or other savings plans.

Commission Types

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