Google has been running financial comparison tests from Google here in the UK for a while, in particular when users search for certain credit card keywords their “comparison ads” are triggered (see an example in the picture above, or try it out for yourself).
Similar tests have also been running in the US, and Netbanker is now reporting that they’ve expanded their tests, with keywords around the following products now triggering comparison ads; mortgages, credit cards, CDs, checking, and savings accounts.
As I’ve mentioned before, Google has to be careful not to annoy its big Adwords advertisers with this move. They argue that it’s all to do with improving the user experience, but it’s difficult to know what provides the best experience to the user; does Google’s access to masses of data on these products and its skill with algorythms provide a better experience than sending visitors to a dedicated financial comparison site? Or are we cynical enough to think it might be a way of earning extra money?
- Google To Shut Down Their Financial Comparison Service (February 24, 2016)
- Pariti: Free App To Pay Off Debt & Start Saving (September 21, 2016)
- Money Dashboard Mortgage Calculator Launched (September 20, 2016)
- Send & Receive Money In GMail For Android (March 16, 2017)
- Android Pay Launching In The UK (March 23, 2016)