Keep your cash on call whilst earning 3.50%p.a. returns

Earn higher interest on your savings in our On-Call Account, with your funds held securely with NZ registered banks. You’ll earn the full rate of interest on every cent in your account and you can withdraw your money 7 days per week.

That's the Squirrel effect.

Squirrel holding a mobile in his right hand
Swoosh

100% owned and operated in Aotearoa, we've got your best interest at heart

megaphone

No penalties

No minimum amount, no transaction or account fees, and no penalties for withdrawing

person in circle

Speedy withdrawals

Withdraw, and it’s typically back in your bank account within 2 hours, 7 days per week between 9am - 11pm

key

Secured & protected

Your funds are held securely on Trust with AA- rated NZ banks

image

Earn more

Opportunity to earn more by investing in residential mortgages using our managed fund or term investments

Ready to give your savings a boost? 

Sign up on line and start saving with Squirrel.

Current balance across all Squirrel On-Call Accounts

$

What is the On-Call Account? 

Your On-Call Account is your Squirrel transaction account that's automatically created when you register as a Squirrel investor. It's directly linked to your verified bank account, and you can deposit and withdraw money whenever you like without any penalties.

  • Deposit money into it when you want to make an investment
  • Or keep your money handy at all times and use it as a flexible savings account
  • Earn interest from the moment you deposit
Create your On-Call Account
On call account on phone
Arrow

How much could I be earning from a Squirrel on-call account?

Calculate how much interest you could be getting paid every month. It all adds up! 

*This calculator is intended as a guide for illustrative purposes only and is not intended to provide financial advice. It assumes that the amounts entered are invested for the entire period selected and the returns are based on the interest rate selected. The calculation results do not take into account taxes that may be applicable to you (including withholding tax). Please note that interest rates offered on our platform are subject to change. To talk to one of our team at Squirrel, please call 0800 21 22 30 or you can find more information about P2P investing here. We recommend seeking financial advice about your situation and goals before investing into any financial product.

If you've got questions, we've got answers

Have a read below and if you can't find what you're looking for, feel free to give us a call on 0800 21 22 30.

Get smarter with your money

Don't leave your money sitting idle in a bank transaction account just because you want access to it whenever you like. With the On-Call Account, you can have the best of both worlds. Earn interest and make as many deposits and withdrawals as you like. 

When you make a withdrawal, it's back in your bank account typically within 2 hours.

Young woman smiling, snapping her fingers
Two hands holding a $50 note

Earn even more interest by investing

Once you've got a Squirrel On-Call Account you'll also have the option of investing in Term Investments or our Monthly Income Fund, and earning up to 7.75%p.a. whilst helping out New Zealand homeowners.

Set up and manage your investments inside your Squirrel app, with the opportunity to sell your investment on the secondary market when you want your money back.

Whilst past performance cannot guarantee future performance, no Squirrel investor has ever lost a cent. 

Read all about the latest saving and investing happenings here

Check out our blog

Person playing jenga

29 January 2025


OPINION: Breaking down just how much profit the banks are making on your savings

By Dave Tyrer

We've said it before, and we'll say it again...not all savings accounts are created equal. And when it comes simple savings accounts, the rate of return on offer can vary wildly depending on your bank—and the reason for that all comes down to the way banks set their margins. Dave Tyrer explains in his latest article.

Young woman choosing clothes from a clothes rack

28 January 2025


Investor update - Jan/Feb 2025

By Dave Tyrer

Read the latest on what’s been happening with Squirrel’s On-call Account, Term Investments, Monthly Income Fund, and where we see interest rates and loan supply heading in the coming weeks.

Woman excitedly looking up at falling confetti at a party

28 November 2024


Investor update - November 2024

By Dave Tyrer

In this update, we're thrilled to celebrate 9 years of Squirrel investments! We share some of our key milestones, along with updates on investment wait times and the health of our portfolio.

Don’t just take our word for it

StarStarStarStarStar

See for yourself what our clients think with 86 five star reviews on Shopper Approved.

gb

g buckley

New Zealand

StarStarStarStarStar

easy to do things online

T

Terry

New Zealand

StarStarStarStarStar

I'm new to investing and I felt I could trust squirrel the app made it easy for me to track and make changes to my investments

K

Kaye

New Zealand

StarStarStarStarStar

We are very happy with the services provided by Squirrel and have even recommended them to our adult children. Great interest rates, easy to use accounts and quick turn around times. Very happy with Squirrell

S

Shelley

New Zealand

StarStarStarStarStar

Very simple to deposit funds and the app makes it so easy to keep a check on your investments.