Last updated: 13 October 2026. I re-checked every Sprive prize draw rule below against sprive.com on 1 October 2026.
By Stiv · Design, technology and personal finance
I have run Sprive alongside my mortgage since October 2021, first with Nationwide and now with Halifax, overpaying every month through the app. What follows comes from the app and the terms rather than a press release.
This article contains affiliate and referral links, which are paid links. If you click one and buy or sign up, I earn a commission or referral bonus at no extra cost to you. Brands don't choose what I feature or what I say about them.
This is not financial advice. It is a personal account of how three promotions work, so please check the current terms yourself before relying on anything here.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Want the Sprive sign-up bonus?
The current offer and the steps to claim it are always kept up to date on my referral page.
Now for the short version. Three draws are running today, and none of them reward overpaying. The headline one rewards referrals. A second, much quieter draw pays somebody's whole next mortgage payment every week. Meanwhile the newest one puts £10,000 towards one winner's mortgage for shopping at Wayfair through the app, and it closes at 23:59 on 31 October 2026.
Chasing a Sprive prize? How the draws really work is below. For every Sprive guide in one place, see my Sprive guides hub.
What the Sprive prize draw actually is
First, the correction, because plenty of sites get this wrong. The Sprive prize draw does not reward overpayments. It rewards referrals. Specifically, you earn an entry when a friend you invited completes their first shop in the app.
Signing up is not enough on its own. Your friend has to buy a gift card through Sprive before your entry counts. If they register and then stall, Sprive says the entry simply rolls into a future draw once that first shop happens.
There are also three separate draws running at once, which is where most of the confusion starts. One rewards referrals. One is for brand new users. One runs through Wayfair until the end of October. They have different entry rules and wildly different prizes.
Which Sprive prize draw can you enter today, 1 October 2026? The weekly referral draw, the next mortgage payment draw for new users, and the Sprive x Wayfair £10,000 draw, which closes at 23:59 on 31 October 2026. The adidas draw closed on 30 September and now sits under past draws further down.
Draw one: the referral prize draw
This is the Sprive prize draw most people mean. It runs weekly until further notice. Entries close at 23:59 on Sundays, and you claim your prize in the app on Monday.
The weekly prize table is unusually generous on paper. According to Sprive's referral prize draw terms, each week hands out 1 x £2,000, 1 x £250 and 1 x £100. After that, "Everyone else wins £5 multiplied by the number of referrals they made."
So yes, everyone who enters wins something. That is unusual for a prize draw. However, the fourth line of that table is where almost everyone lands.
The terms cap you at 10 entries. They also say multiple referrals in a single week still produce only one prize, and that participants may only win once. Refunded or cancelled purchases can invalidate an entry too, so a friend who buys a gift card and then cancels may cost you your place.
Draw two: your next mortgage payment, paid
This second Sprive prize draw is the one worth knowing about, and it is far easier to enter. You download Sprive, register, and do a single shop through the app. That is it. One entry per account.
The prize is your next mortgage payment, paid by Sprive and capped at £5,000. Sprive draws one winner every Monday. Per the next mortgage payment prize draw terms, the campaign went live at 1pm on Monday 2 February 2026 and ends at 23:59 on Sunday 3 January 2027. Draws run from 9 February 2026 to 4 January 2027.
Crucially, this one is new users only. If you have ever held a Sprive account, you cannot enter. Winners get seven days to respond before Sprive may redraw.
Draw three: £10,000 towards your mortgage, via Wayfair
The newest Sprive prize draw landed on my dashboard on 1 October as a full screen takeover, with the Wayfair logo, an autumn wreath and a countdown. The pitch is simple: "Win £10k towards your mortgage." That matches August's Just Eat prize and doubles September's adidas one.
The shop has to go through the Sprive app
The shop has to go through the Sprive app to count. Buying a sofa on wayfair.co.uk earns you nothing and enters you into nothing. Instead, you buy a Wayfair gift card inside Sprive, paid for from your linked bank account, which is how every Sprive shop works.
The £20 threshold is the catch
At first glance the app screen only says "Do a shop at wayfair to enter the draw." The terms are stricter than that. According to the Sprive x Wayfair prize draw terms, each qualifying Wayfair transaction must be £20 or more, up from £5 on the adidas and Just Eat draws. Each one earns one entry, "up to a maximum of ten (10) entries per user, regardless of the number of orders placed". Cancelled or refunded purchases do not count.
As for the prize, there is one of £10,000, "credited to the winner's Sprive account so they can pay that toward their mortgage". The campaign runs from 00:00 on 1 October 2026 to 23:59 on 31 October 2026, and the draw itself takes place on 1 November. Sprive then notifies the winner by email within 14 days, and the winner has 14 days to claim.
Eligibility, meanwhile, is wide. Any UK resident aged 18 or over can enter. The only exclusions are staff at Sprive and Wayfair, their group companies and agents, and anyone professionally connected with the draw. As a result, Ambassadors are not on that list, so unlike the referral draw, this is one I can enter myself.
The terms also push two jobs onto the winner. Checking your own overpayment allowance and any early repayment charges is your responsibility rather than Sprive's, and Sprive states it is not liable for lender charges. Sprive also announces the winner on Instagram alongside a testimonial, although you can object to that if you would rather stay quiet.
Past draws
Sprive prize draw campaigns tied to a named retailer rotate monthly, so September's and August's have both gone.
Sprive x adidas, £5,000, now closed
This one closed at 23:59 on 30 September 2026. While it ran, the Sprive x adidas prize draw terms asked for adidas gift cards bought through the app, £5 or more per transaction, one entry each, ten entries maximum. One winner takes £5,000 credited to their Sprive account for their mortgage, drawn on 1 October 2026.
Sprive x Just Eat, £10,000, now closed
This one closed at 23:59 on 31 August 2026. While it ran, the Sprive x Just Eat prize draw terms worked the same way as the adidas draw that followed: Just Eat gift cards through the app, £5 or more per transaction, one entry each, ten entries maximum. One winner took £10,000 credited to their Sprive account for their mortgage, drawn on 1 September 2026.
So far the pattern holds. August paid £10,000 through Just Eat, September £5,000 through adidas, and October £10,000 through Wayfair. Each runs for one calendar month and caps you at ten entries. Each also credits the prize to the winner's Sprive account rather than their bank, then draws on the 1st of the following month. Only the entry threshold has moved, from £5 to £20 with Wayfair. Sprive has not said what November brings.
What "and a boost" actually means
Every prize in the referral terms is quoted oddly, as "£5 and a boost" or "£2,000 and a boost". Sprive never defines "a boost" anywhere in its published terms, which is a small transparency gap.
In my own app, a boost is an extra percentage added to the cashback on merchant gift cards, and it is time limited. When I went through the Shop tab brand by brand in August, the boosted rates ran between half a point and a full point above the everyday ones: Sainsbury's moved from 2.5% to 3%, Tesco and ASDA from 2.5% to 3.5%, and M&S from 3% to 4%. A "preview a boost" tab shows you the effect before you commit.
Do not confuse a boost with the Supercharge toggle sitting near it. Supercharge adds projected mortgage interest savings on top of the cashback rate, so the number on screen gets much bigger while the money you actually earn stays the same.
Sprive also hands some boosts out as challenges rather than gifts. On 2 September my dashboard carried a pink card reading "Shop £50+ of groceries for 4 weeks", showing week one of four and an end date of Monday 7 September.
That is my account rather than Sprive's, because Sprive does not publish a definition. Treat it as a modest top-up, not a second prize.
The honest arithmetic on the Sprive prize draw
Now for the maths. Sprive's own worked example is blunt: 10 referrals earns you £50 if you do not land a top prize.
Realistically, most people refer two or three friends. Therefore most people win £10 or £15. That is a nice surprise, but it is not a financial plan.
Set that against the app's core job. Sprive's own savings illustration is based on "£92 paid monthly as an overpayment on a repayment mortgage with a balance of £250,000 at 5% interest for 30 years". In other words, a typical draw win covers roughly a sixth of one month's overpayment.
Sprive also does not publish how many people enter each week. Consequently nobody outside the company can calculate the odds on that £2,000. Anyone quoting you a figure is guessing.
The Wayfair draw arithmetic
The Wayfair draw needs its own sum, because the £20 floor changes it. Ten entries means ten separate transactions of £20 or more, so £200 of Wayfair credit as a minimum, and there is exactly one prize for the whole month. Equally, a single £600 gift card for a new sofa earns one entry, not ten. Again, Sprive publishes no entrant numbers, so the odds cannot be quoted honestly by anyone.
Consequently the sensible test is whether you were buying from Wayfair anyway. If you were, the entries cost you nothing extra and the usual cashback still lands. If you were not, you are spending £200 on homeware you did not want. That is the opposite of what an overpayment app is for.
So my honest read is this. The draws are a pleasant extra for people already using the app. They are not a reason to start overpaying, and they are certainly not a reason to overpay faster. If you want the case for and against overpaying at all, I covered it in overpay your mortgage or invest.
The Ambassador rule, and which draw it locks me out of
Here is the counter-intuitive bit. Sprive shuts Ambassadors out of the referral prize draw entirely. The terms define an Ambassador as "someone who has done 10+ total referrals since joining Sprive", and they move to a separate referral programme instead.
I am one of them. More than ten people have joined through my link over the years, so the weekly prize table is closed to me. I still receive boosts.
That exclusion is specific to the referral draw, though. Neither the next mortgage payment draw nor the Wayfair draw mentions Ambassadors in its eligibility clause. Both exclude Sprive staff, and Wayfair excludes its own staff too. So the merchant draws stay open to me and the referral draw does not.
Notice the tension in the referral rules as well. Entries are capped at 10, while exclusion kicks in at 10 or more lifetime referrals, and Sprive does not say which limit bites first.
The practical effect is odd but clear. Succeed too well at referring people and the weekly draw quietly stops being available to you.
Prizes go to your lender, not your pocket
This point catches people out, so it deserves its own heading. Prize money lands in your Sprive account, and from there it can only go to your mortgage lender. As the terms put it, prizes "can only be paid to your lender and can't be withdrawn to use as cash".
Winning £2,000 therefore knocks £2,000 off your mortgage balance. That is real money and it compounds nicely. Even so, it is not spending money, and you should not enter expecting cash.
The one partial exception sits in the second draw. If Sprive cannot make the mortgage payment, it pays the same value to your linked bank account instead, still capped at £5,000.
The Wayfair terms offer no such fallback. That £10,000 goes into the Sprive account and out to the lender. Before paying, Sprive says it will check that the winner's Sprive balance is at zero so the credit can land.
On safety, money sitting in the Sprive wallet is held by PrePay Technologies Limited (FRN 900010) and is safeguarded rather than FSCS protected. There is more on that distinction in my guide to whether Sprive is safe.
Who stands behind Sprive
Sprive Limited is an appointed representative of Connect IFA Ltd and New Leaf Distribution Limited for mortgage services, rather than a directly authorised firm. Its own FCA Register entry carries number 919863.
In addition, the app currently works with 16 lenders, from Nationwide and Halifax through to Leeds Building Society. If yours is not on the list, none of these draws can help you, because the prize money has nowhere to go.
Who this suits, and who it does not
Anyone already using Sprive and naturally recommending it will find the referral draw a decent bonus. By comparison, anyone chasing the £2,000 Sprive prize draw headline will probably be disappointed.
New users have the better deal, frankly. One shop buys one entry into a draw for a full mortgage payment, and that requires no referring at all.
The Wayfair draw sits somewhere in between, and it closes on 31 October. If you were furnishing a room anyway, the entries cost nothing extra. Everyone else would be spending at least £200 purely to max out their entries, which rather defeats the point of an overpayment app.
Above all, treat overpaying as the point and the draw as the garnish. Before overpaying anything, Sprive's own FAQ makes the sensible case: "Before you start overpaying on your mortgage, it's important you have sufficient emergency funds and check that you have paid off more expensive debts first."
Also check your lender's annual allowance first. MoneyHelper notes that many lenders permit overpayments of up to 10% a year without penalty, and going over that can trigger an early repayment charge. My guide to Sprive overpayment rules covers the detail, and the wider picture sits in my full Sprive review.
Sprive prize draw FAQs
Is the Sprive prize draw real?
Yes. Sprive publishes dated terms for all three live draws on sprive.com, and the referral draw states that everyone who enters wins something. That said, most winnings are small, and none of it comes to you as cash.
How do you enter the Sprive prize draw?
For the referral draw, invite a friend with your code from the "Earn prizes" screen. Your entry lands once that friend completes their first shop in the app. For the next mortgage payment draw, you simply download Sprive as a new user and do one shop.
Does everyone really win something?
In the referral draw, yes. Once the £2,000, £250 and £100 prizes go out, everyone else receives £5 per referral. So three referrals returns £15.
How does the Sprive Wayfair £10,000 draw work?
Buy Wayfair gift cards through the Sprive app during October 2026. Each transaction of £20 or more earns one entry, up to ten entries in total. Shopping at Wayfair directly does not count. One winner receives £10,000 credited to their Sprive account for their mortgage, drawn on 1 November 2026.
Is the Sprive adidas £5,000 draw still running?
No. It closed at 23:59 on 30 September 2026 and the winner was drawn on 1 October. While it was live, each adidas gift card bought through the Sprive app for £5 or more earned one entry, up to ten.
How does the Sprive Just Eat £10,000 draw work?
It no longer runs. The campaign closed at 23:59 on 31 August 2026 and the winner was drawn on 1 September. While it was live, each Just Eat gift card bought through the Sprive app for £5 or more earned one entry, up to ten, and one winner received £10,000 credited to their Sprive account.
Can you withdraw Sprive prize money as cash?
No. Prize money lands in your Sprive account, and from there it can only go to your mortgage lender. Shopping rewards work the same way, although you can still withdraw money you autosave yourself.
What is a Sprive Ambassador?
Someone with 10 or more total referrals since joining. Ambassadors move to a separate referral programme, so they lose access to the referral prize draw. The merchant draws, such as the Wayfair one, do not exclude them.
Is Sprive safe to use?
Sprive Limited is an appointed representative rather than a directly authorised firm. PrePay safeguards the wallet money rather than the FSCS protecting it. I go through the detail in my guide to whether Sprive is safe.
More from CoolCuration
- Mortgage overpayment calculator - see what an extra £50 a month actually does to your term.
- Sprive vs manual overpaying - whether the app beats a standing order to your lender.
- Chip app referral code - the current sign-up offer on the autosaving app.
- How does Sprive make money - who pays for a free app, and why that matters.
- FYTA Beam plant sensor - a small gadget that stops you killing houseplants.
Terms, prizes and campaign dates change without notice, so always check the current terms on sprive.com before entering. Nothing here is financial advice, and you should consider speaking to a qualified mortgage adviser about your own circumstances. Sprive Limited (Financial Services Register number 919863) is an appointed representative of Connect IFA Ltd (FRN 441505) and New Leaf Distribution Limited (FRN 460421), not a directly authorised firm. CoolCuration is not authorised by the Financial Conduct Authority. This article contains affiliate and referral links, which are paid links. If you click one and buy or sign up, I earn a commission or referral bonus at no extra cost to you. Brands don't choose what I feature or what I say about them. Your home may be repossessed if you do not keep up repayments on your mortgage.
What's trending
Recent posts
- iPhone Duo Pre-Order UK: Price, Timing and Whether to Bother
The iPhone Duo pre-order opens at 1pm UK time on 16 October. Every UK price, the case and folio, trade-in values, the eSIM catch and who should skip it. - Best Desk Accessories UK 2026: 10 Picks From My DeskLast updated: 5 October 2026. I checked every price in this best desk accessories UK guide at the shop each button points to that day. By Stiv · Design, technology and personal finance Affiliate disclosure: This article contains affiliate and referral links, which are paid links. If you click one and buy or sign up,… Read more: Best Desk Accessories UK 2026: 10 Picks From My Desk
- Freelands Painting Prize 2026 Review: Twelve New Painters, One DisagreementTwelve new UK painters, free near the Barbican until 31 October. We gave the Freelands Painting Prize 2026 a 4/5, and our favourite wasn't the winner.
No Comments.