Last updated: 24 October 2026
By Stiv ยท Design, technology and personal finance
I've used Sprive since October 2021, with Nationwide and now Halifax as my lender. This guide is based on the actual setup process and daily use since then.
How does the Sprive app work? You link a current account and your mortgage, then set a monthly saving range. Sprive collects money by direct debit into a safeguarded balance, based on your spending. With one tap, that balance goes to your lender as an overpayment. Cashback from gift cards bought in the app adds to the same pot.
The one thing to check first is your lender's overpayment allowance, usually 10% of the balance a year on a fixed rate. Go over it and you can pay an early repayment charge, so set the range with that limit in mind.
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 information, not financial advice, and CoolCuration is not authorised by the Financial Conduct Authority.
Just here for the sign-up bonus?
The current Sprive offer and the steps to claim it are always kept up to date on our referral page.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Getting started with Sprive? This guide covers the basics. For everything else, from cashback to the prize draws, see our Sprive guides hub, all in one place.
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