Enjoy returns of up to 6.25%p.a.
Kiwi owned and 100% invested in Aotearoa, Squirrel investors have never lost a cent, and we intend to keep it that way. We've already paid out over $60 million in interest - and counting.*
With great returns, $100 minimum investment and the option to have your money on call, find the saving and investing option to suit you.
*Investment involves risk. Past performance cannot guarantee future performance.
*Investment involves risk. Past performance cannot guarantee future performance.
Choose how you earn your interest
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.
3.00%p.a.
variable rate
Unlimited withdrawals
7 days a week
Money held on trust with major New Zealand AA- rated banks
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.
5.75%p.a.
variable rate
Average time to withdraw 1
3 minutes
Term – up to 7 years
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.
6.25%p.a.
variable rate
Average time to withdraw 1
16 minutes
Term – up to 2 years
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.
7.75%p.a.
fixed rate
Average time to withdraw 1
2 hours
Term – up to 7 years
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.
7.14%p.a.
1 year fund return as at 30/06/25. 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 10,000 Kiwi currently trust Squirrel with their savings
Experience
Squirrel looks after over $400m of investor funds and has been around since 2008. We’ve arranged over $22 billion in mortgages and counting.
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
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 the protection offered by our reserve funds.
Here's what Squirrel term investors earned last month
Weighted average return for term investments last month
How much could I be earning with Squirrel?
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 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 help protect investors
All Squirrel’s investment classes available to retail investors have the protection offered by their own reserve fund.
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.
If you want to know more about understanding credit risk and how Squirrel manages investment risk for investors, watch our 30-minute video here.
*To the extent that the reserve fund has sufficient funds available to cover the default.
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.
Marlene
New Zealand
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.
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.
Being smart with money starts with getting the right intel
Check out our blog, Views from the Treehouse for the latest news and updates.
Investor update - July 2025
Read the latest investor update from Dave Tyrer, covering interest rates, an economic update, investor queues and a check-in our our loan portfolio.
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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
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
John
New Zealand
Great communication, great rates, great app