Wake up to returns of up to 6.75%p.a.

Kiwi owned and 100% invested in Aotearoa, Squirrel investors have never lost a cent, and we intend to keep it that way.*

With great returns, $100 minimum investment and the option to have your money on call, find the saving and investing option to suit you.

*past performance cannot guarantee future performance

Squirrel lying on tummy and elbows looking at laptop screen dreaming of acorns

*past performance cannot guarantee future performance

Swoosh

Choose how you earn your interest

cash

Cash

Regular reliable returns with excellent principal protections in place. Returns will likely be lower than other investment risk categories and may deliver a lower than inflation outcome.

Savings
On-call account

4.00
%p.a.

variable rate

Unlimited withdrawals

7 days a week

Money held on trust with major New Zealand AA- rated banks

conservative

Conservative

Tend to deliver regular reliable returns, with strong principal protections in place. Returns are likely to be higher than holding investments in cash, and lower than investments in moderate, balanced or growth opportunities.

Term Investment
Home Loans

6.25
%p.a.

variable rate

Average time to withdraw 1

10 hours

Term – up to 7 years

moderate

Moderate

Can deliver regular reliable returns with strong principal protections in place. Returns are likely to be higher than holding investments in cash or conservative products, however the underlying investment risk is higher. Returns are likely to be lower than investing directly into balanced or growth opportunities (property and shares) over the long term.

Term Investment
Construction Loans

6.75
%p.a.

variable rate

Average time to withdraw 1

3 hours

Term – up to 2 years

moderate

Moderate

Can deliver regular reliable returns with strong principal protections in place. Returns are likely to be higher than holding investments in cash or conservative products, however the underlying investment risk is higher. Returns are likely to be lower than investing directly into balanced or growth opportunities (property and shares) over the long term.

Term Investment
Personal Loans

7.75
%p.a.

fixed rate

Average time to withdraw 1

31 hours

Term – up to 7 years

moderate

Moderate

Can deliver regular reliable returns with strong principal protections in place. Returns are likely to be higher than holding investments in cash or conservative products, however the underlying investment risk is higher. Returns are likely to be lower than investing directly into balanced or growth opportunities (property and shares) over the long term.

Managed Fund
Monthly Income Fund (PIE)

7.45
%p.a.

1 year fund return as at 30/11/24. After fees, before tax

Average time to withdraw 2

<30 days

Term – rolling 30 days

Past performance is not a reliable indicator of future returns. All returns are displayed after fees and before the deduction of any applicable taxes. The variable and fixed interest rates above are subject to change. Fixed interest rates are fixed for the duration of an investment once it has commenced. Terms and conditions apply.
1. The average times to withdraw are the weighted average times to sell an investment on the secondary market over the last 7 days.
2. We endeavour to pay redemption amounts within 30 days of the first business day after receiving your request

Over 8,000 Kiwi currently trust Squirrel with their savings

footprints

Experience

Squirrel looks after over $300m of investor funds and has been around since 2008. We’ve arranged over $20 billion in mortgages and counting.

team of people

Expertise

Licensed by the FMA, independently audited by KPMG and governed by a Board of Directors, our management team has over 100 years combined experience in Financial Services.

ethics scales

Ethics

All invested money is used to help other Kiwi buy, build or renovate New Zealand homes. We’re totally transparent about where your money is going and how we make our money.

We look after your money

Your On-Call Account money is held on trust with major NZ registered banks, and all our term investments have protection offered by our reserve funds.

Here's what Squirrel term investors earned last month

6.93%p.a.

Weighted average return for term investments last month

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How much could I be earning with Squirrel?

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

Minimum investment is $100

*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 and our minimum investment amount is currently $100. 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.

Start earning interest today

Reserve funds provide protection for investors

All Squirrel's managed funds and investment classes are covered by their own reserve funds

Squirrel lends out investor money to borrowers for things like Home Loans, Construction Loans and Personal Loans for renovations.

A small portion of the interest paid by all our borrowers goes into the reserve fund which builds up over time. 

Even if a borrower misses a repayment, the investors still get paid by the reserve fund. This model is unique to NZ and whilst we can't guarantee the future, so far no investor interest or principal repayments have ever been missed by Squirrel. 

Find out more about reserve funds (PDF)

Getting your money out is easy

  • There are no costs or time limits for getting your money out of an investment. 
  • Squirrel has a secondary market so at the touch of a button you can offer your investment for others to buy and providing they take it, your money will be back in your On-Call Account shortly. 
  • Time taken to sell on the secondary market varies but is shown here on our website at all times. 
  • If you keep your money in your On-Call Account, it still earns daily interest and is available for you to withdraw whenever you like. 
More on the secondary market (PDF)
M

Marlene

New Zealand

StarStarStarStarStar

I'm loving the interest that I'm earning on my funds. Questions are answered quickly. Squirrel is very efficient and I'm confident investing with a NZ owned company. I wish I had of invested a year ago.

Everything you need to know in one place

Get the guide to saving and investing with Squirrel in a handy PDF, delivered straight to your inbox. 

Squirrel saving and investing booklet

Check out all our investing platform performance stats here

All the numbers, full transparency.

If you prefer to talk through your options give us a call

Our Chief Operations Officer Dave Tyrer and Investor Relations Manager Doug Thomson would be happy to discuss anything saving and investing with you.

Call 0800 21 22 30 or book a time that suits here and Dave or Doug will call you. 

Dave Tyrer, Doug Thomson - Squirrel

Being smart with money starts with getting the right intel

Check out our blog, Views from the Treehouse for the latest news and updates.

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.

Two hands side by side, one holding a standard lightbulb and one holding an energy-saving lightbulb

16 December 2024


The 6 fintechs offering NZ’s best savings account alternatives

By David Cunningham

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.

Close up of someones hands at a desk—writing with one and using a calculator with the other

25 October 2024


Why do falling mortgage rates mean lower returns on my savings? And what can I do about it?

By Dave Tyrer

With the OCR on the way down again, chances are you've already started to notice that chipping away at the returns you earn on your savings. Here, we explain why that is, and what options are out there for savers looking to still earn great returns, even in a falling rate environment.

Don’t just take our word for it

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See for yourself what our clients think with 84 five star reviews on Shopper Approved.

M

Marlon

New Zealand

StarStarStarStarStar

Very easy app to use. Investing is a breeze

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