Keep your money handy and growing with 3.25%p.a. returns
Earn interest on your savings without locking them away. No minimum deposits or account fees, unlimited withdrawals without penalties and your funds are held securely with NZ registered banks.
It's a no brainer!
100% Kiwi-owned, with your best interest at heart
No penalties or minimums
Deposit and withdraw with no restrictions and no fees
Speedy withdrawals
Need funds fast? Withdrawals typically reach your bank account within 2 hours, any day of the week between 9am - 11pm
Secure and protected
All your On-Call Account funds are held securely on Trust with AA-rated NZ banks.
Ready to give your savings a boost?
Join thousands of other Kiwi
$
Current balance across all Squirrel On-Call Accounts
What do others thinkRead more Google reviews
Read more Google reviews
"Top interest rates"
"Easy onboarding"
"User-friendly app"
"Simple investing"
What's a Squirrel On-Call Account?
It's a flexible account, but earns interest like a savings account. Your On-Call account is ready as soon as you sign up with Squirrel, linked up to your verified bank account for easy deposits and withdrawals. You can start earning interest from day one without any penalties.
- Deposit money and start earning daily interest right away
- Take money out and in as often as you like with no penalties
- If you want to earn even more, you can invest in our term investments or Monthly Income Fund (PIE) using the money in your On-Call Account
- Manage your On-Call Account from our easy app.
Squirrel's been helping Kiwis make smart money choices since way backDespite our youthful looks we're no spring chickens. Our team has earned their stripes and Squirrel's been around since 2008.
Despite our youthful looks we're no spring chickens. Our team has earned their stripes and Squirrel's been around since 2008.
Mortgage broker
We've been helping Kiwis into their homes since 2008, hunting down the best deals from all the main banks.
Lender
Not everyone fits inside the bank box. That's where our own unique lending products come in.
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.
Smarter than a traditional bank account
Don't leave your money sitting idle in a bank transaction account just because you want access to it whenever you like.
With the Squirrel On-Call Account, you can have the best of both worlds. Earn interest and make as many deposits and withdrawals as you like with zero penalties.
When you make a withdrawal, it's back in your bank account typically within 2 hours.
Want to earn even more?
Once you have a Squirrel On-Call Account, you'll have the option of investing in Term Investments or our Monthly Income Fund, earning up to 7.75%p.a. while supporting Kiwi homeowners.
Manage everything easily in the Squirrel app, including the opportunity to sell your investment on the secondary market if you need funds before the term ends.
And guess what? No Squirrel investor has ever lost a cent (past performance cannot guarantee future performance).
Read all about the latest saving and investing happenings here
Check out our blog
Investor update - March 2025
Read the latest investor update including tax certificates, credit risk insights and how our reserve funds are tracking.
The 6 fintechs offering NZ’s best savings account alternatives
These days, the banks aren't your only option when it comes to managing your savings. A number of fintech players have come onto the scene in recent years, offering their own savings account alternatives—offering better rates, lower fees, and other investment options to help grow your money faster.
Ranking New Zealand's best and worst savings accounts
Not all savings accounts are created equal, and it's worth knowing what all your options are so you can get set up with the one that best suits your savings goals. Here, we've pulled together a wrap-up of the different savings accounts available across New Zealand's main retail banks.
Don’t just take our word for it
Shelley
New Zealand
Very simple to deposit funds and the app makes it so easy to keep a check on your investments.
Brent
New Zealand
Very easy and up front way to invest your money without all eggs being in the one basket.
J Winchester
New Zealand
I find the app very easy to use, and I appreciate receiving emails about advice on investing money. Love the no fees, so much better than ANZ, switching to Squirrel was a no brainer.
Mal
New Zealand
Real good and easy