Open a Squirrel save and invest account
Missed the $20 promo? You can still open an account and earn up to 5.25% p.a. while your money helps other New Zealanders.
The $20 promo closed on 31 May 2026.
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.
2.00%p.a.
variable rate
Unlimited withdrawals
7 days a week
Money held on trust with AA- rated NZ banks covered by the DCS.3
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.
4.75%p.a.
variable rate
Average time to withdraw 1
40 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.
5.25%p.a.
variable rate
Average time to withdraw 1
25 hours
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.
6.31%p.a.
1 year fund return as at 30/04/26. 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
3. Squirrel holds your On-Call funds on bare trust with two AA- rated NZ banks, BNZ and Westpac. Because both banks are part of the Depositor Compensation Scheme (DCS), investors may qualify for up to $200,000 of cover through them. Money in Squirrel Term Investments and Managed Funds isn't covered by the DCS.
4. FundRock NZ Limited is the manager and issuer of the Squirrel Monthly Income Fund. The product disclosure statement can be found here.
Over 13,000 Kiwi trust Squirrel with their savings
Expertise
Our management team has over 100 years combined experience in Financial Services. Plus we're licensed by the FM, independently audited and governed by a Board of Directors.
Track record
We've paid out over $84 million in interest. And, although past performance can't guarantee future performance, Squirrel investors have never lost a cent.
We look after your money
Your On-Call account money is held on bare trust with major NZ registered banks and qualifies for the Depositor Compensation Scheme cover through them. All our term investments have the protection offered by our reserve funds.
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Don’t just take our word for it
Ross H
New Zealand
Impressed with your transparency and keeping in touch philosophy
Mario
New Zealand
No issues with ease of doing transactions in the app. Just found a better rate with sharesies pie save. Thanks.
Ron
New Zealand
Easy to invest. Good communication and rates are better than the big 4. Haven't put a foot wrong yet. Long May it continue.
Anonymous Customer
New Zealand
Really great platform, easy to use and understand, and great interest rates too.