We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
The MSE Forum Team would like to wish you all a Merry Christmas. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!
Accelerate My Mortgage - Does it work
Narola1976
Posts: 529 Forumite
Hi, just heard about this - essentially it’s a cashback site but the money is paid directly to your mortgage, thus reducing the interest. about 45 retailers signed up including boots and John Lewis. I would love to give this a go but hoping to hear feedback from this great community first to make sure it’s all on the up and up. I already overpay my mortgage, have just under 10 years left but would love to pay it off sooner. Every little helps
Starting Total in September 2019 = £38287.77
Current Total = £25534.10
33% of debt paid off so far
Debt Free by Christmas September August July June 2023!
Current Total = £25534.10
33% of debt paid off so far
Debt Free by Christmas September August July June 2023!
0
Comments
-
I'm not sure I get it, why not just use a conventional cashback site that will allow far more flexibility over paying out?1
-
What site is it and how much cashback do you get ? Seems strange to me, but then sometimes I am amazed at what's on offer.Is it worthwhile and is it a safe/trustworthy site?Always have 00.00 at the end of your mortgage and one day it will all be 0's :dance:MF[STRIKE] March 2030[/STRIKE] Yes that does say 2030 :eek: Mortgage Free 21.12.18 _party_Now a Part Timer from 27.10.190
-
Ahh, just googled it, so totally agree - as edinburgher says -why not just use a conventional cashback site that will allow far more flexibility over paying out?Always have 00.00 at the end of your mortgage and one day it will all be 0's :dance:MF[STRIKE] March 2030[/STRIKE] Yes that does say 2030 :eek: Mortgage Free 21.12.18 _party_Now a Part Timer from 27.10.190
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.9K Banking & Borrowing
- 253.9K Reduce Debt & Boost Income
- 454.7K Spending & Discounts
- 246K Work, Benefits & Business
- 602.1K Mortgages, Homes & Bills
- 177.8K Life & Family
- 259.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards