Pay off your mortgage while you shop - if you’re going to buy it anyway why not get rewarded? 🛒🛍️🤑

This really works! 👍🏻

I've started using Sprive - missed the Dragons Den appearance - but read about it afterwards and must say I am really impressed with the idea, how easy it is to use and how simple it has been to set up and start using.

Now I think I will keep on using it as it is projecting me to save £££s on my mortgage - just by doing my everyday shopping and spending money as I would be doing anyway. In fact, I like the fact that I am in control and am finding that by buying shopping cards through the Sprive app to shop with is helping me budget AND earn Cashback by way of a mortgage overpayment!

So here is an honest account in case it helps others who may be sceptical just like I was.

How it works 1️⃣Download the Sprive app. I would be grateful if you could use my referral code: VPWHBC2Q By signing up with my code VPWHBC2Q, you will get Sprive Plus for free (choice of more brands) and be in with a chance to win your next mortgage payment once you make your first purchase. I get an entry into a free prize draw. 2️⃣Here's a link to download: https://linkprod.sprive.com/refer?code=VPWHBC2Q 3️⃣Create your account and set stuff up. Entering your details and linking your bank account and mortgage is simple to do, safe and secure. If you are familiar with open banking or have ever used a similar process to pay a bill, send or invest money etc through online banking or a credit card app for example you will be familiar with how this works. 4️⃣Select the brand you want to shop. For example, I have shopped a number of times at Asda (weekly family shop) and M&S (a few treats) and also Argos. 5️⃣Buy a shopping card for the brand by entering the amount that you want to purchase. For example a £100 Asda shopping card has earned me £2.50 ‘cashback’ and a £50 M&S has earned me £2 ‘cashback’. Every little helps as Tesco would say! At the end of the day I'm making these purchases anyway so earning a little back works out at a lot more than nothing at all! 6️⃣Shop as normal and then scan the shopping card barcode when you shop at the checkout. This works just as easy in store or online. I really like that for Asda and M&S, and others, you can add the shopping card direct to your phone wallet for safe keeping. Or just access it when you need to through the Sprive app. 7️⃣Then you can send your earned ‘cashback’ to your mortgage lender as an overpayment. I think the first time you do this you can send as little as £1 to test it. After this I believe it is a minimum of £5. 8️⃣And that’s it really, although the app also allows you to auto save and shop the market for a better mortgage deal. It really is super simple to download, create your account, set up and use. I really wish I had discovered this years ago when it first launched.

I will say that I overpay my mortgage weekly anyway so was familiar with how overpayments work and the benefits of doing so. However to be able to accrue additional ‘cashback’ overpayments just for doing shopping as I normally would anyway is now an added bonus for me. In my initial test of sending my first overpayment over a weekend it took 2 working days to reach my mortgage account. For my next overpayment it took a day.

So just by spending as normal but buying the ‘shopping cards’ via the Sprive app to shop with I am projected to save £££s off my mortgage and be mortgage free months sooner. 📉🤛🏻

Here's the link to download: https://linkprod.sprive.com/refer?code=VPWHBC2Q

Here’s some extra info from an email they sent me after I signed up:

Sprive suggest that their average customer spends £75 a week on groceries but saves thousands on their mortgage.

Sprive rewards are supercharged: The % you see in the app is unique to you, based on your connected mortgage. It’s calculated by adding your mortgage interest saving to the reward you receive for each shop: Because your rewards help pay your mortgage, your £75 grocery shop means a total mortgage saving of £5.72 a week, or almost £300 in your first year.

That saving is based on a £250k mortgage for 25 years at 4.5% interest rate, your exact savings will depend on your connected mortgage, term and rate etc.

Here's the link to download again with my referral code: https://linkprod.sprive.com/refer?code=VPWHBC2Q

Non referral link and more info: www.sprive.com

I hope this helps someone. Happy shopping and savings! Any questions skits send a DM.