How is setting aside money with Squirrel different from my existing savings account?

Squirrel makes it easy to set money aside and importantly helps to keep you excited about hitting your goals and not withdrawing money early - unlike a normal savings account.

  1. It's easy to create personalised goals for all the things you might want to set aside for. You can adding your own names and pictures to goals, and set targets and track progress - proven ways of staying motivated about your saving.
  2. Setting aside to your goals is automatic and is deducted before you're even paid. This means you don't notice the money being Squirrelled away and never forget to save!
  3. Your money is kept safe in your Squirrel account, separate from your normal bank account, so you're less tempted to dip into it. It takes one working day for withdrawals to arrive, so you can resist those impulse buys.
  4. Squirrel automatically keeps your goals on track if you don't have enough to save in a given month. Squirrel will allocate any extra money coming into your account into any goals that are off-track to make sure you're still progressing towards hitting your goals!