MEDIBANK* Charge (What It Is + Is It Legit?)
✓ LegitimateThe "MEDIBANK*" charge is from Medibank. Medibank Australia private health insurance premium.
Medibank
Medibank Australia private health insurance premium.
Category
Insurance
Avg. Charge
Variable
Country
AU
Billing Cycle
Monthly
Cancel At
members.medibank.com.au
Support
+61-132-331
Why does this charge appear?
When Medibank processes monthly health insurance premium payments across Australia, their billing system transmits a truncated identifier to financial institutions rather than the full company name, which is a common limitation of payment processing networks that cap merchant descriptors at a fixed character limit. The asterisk in "MEDIBANK*" is a standard separator used by payment processors to distinguish the merchant name from any additional reference codes or transaction identifiers that may follow, depending on your bank's display format. If you hold a Medibank private health insurance policy and see this descriptor on your statement, it is almost certainly your regular premium being deducted for your hospital, extras, or combined cover.
What should you do?
Confirm your Medibank policy is active
Log in to your Medibank account at medibank.com.au to verify that the MEDIBANK* charge matches your current private health insurance premium and that your policy is still active and up to date.
Check the charge amount against your premium
Compare the amount shown as MEDIBANK* on your bank statement with the premium listed in your Medibank policy documents or member portal. If the amount has changed, it may reflect an annual premium adjustment or a policy upgrade.
Review your Medibank billing schedule
Visit medibank.com.au and check whether your policy is set to bill weekly, fortnightly, or monthly. This will help you confirm that the timing and frequency of the MEDIBANK* charge aligns with your chosen payment schedule.
Cancel or adjust your Medibank policy if needed
If you no longer want the Medibank private health insurance coverage or need to change your plan, visit members.medibank.com.au to manage, downgrade, or cancel your policy to stop future MEDIBANK* charges from appearing on your statement.
Is this charge fraudulent?
No, this is a legitimate charge from Medibank. However, if you did not authorize this charge or cancelled your subscription, you may be eligible for a refund.
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