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Squirrel

Read answers to common questions from Squirrel users, and learn more about how Squirrel works.

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Squirrel | support.squirrel.me Reviews
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Read answers to common questions from Squirrel users, and learn more about how Squirrel works.
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2 general
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Squirrel | support.squirrel.me Reviews

https://support.squirrel.me

Read answers to common questions from Squirrel users, and learn more about how Squirrel works.

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1

How safe is my money? – Squirrel

https://support.squirrel.me/hc/en-us/articles/207736699-How-safe-is-my-money-

Squirrel - Frequently Asked Questions. How safe is my money? May 04, 2016 13:26. Your money is held in cash in a special prepaid account (so your money never gets lent out, like with a normal bank account). It is held in your name and underwritten by a Barclays bank account. It remains yours at all time, Squirrel just moves money for you when you need us to.

2

What time are scheduled payments sent? – Squirrel

https://support.squirrel.me/hc/en-us/articles/212561825-What-time-are-scheduled-payments-sent-

Squirrel - Frequently Asked Questions. What time are scheduled payments sent? September 30, 2016 12:00. Payments out of your Squirrel account. We have 2 types of scheduled payments:. These are paid out on the day they're due 1st thing. These normally arrive by 11AM in the morning. Eg a weekly payment due on Monday normally arrives by 11AM Monday morning. These are paid out the afternoon of the working day before they're due. These normally arrive by 3PM.

3

Do I get any interest on savings? – Squirrel

https://support.squirrel.me/hc/en-us/articles/207736589-Do-I-get-any-interest-on-savings-

Squirrel - Frequently Asked Questions. Do I get any interest on savings? May 04, 2016 13:15. Your money is held in a non-interest bearing account and isn't lent out, so neither Squirrel, nor your account gets any interest. We help you to save money for the things you need, rather than getting interest on savings you don't yet have.

4

What if I turn weekly payments on/ off after I've been paid? – Squirrel

https://support.squirrel.me/hc/en-us/articles/209512969-What-if-I-turn-weekly-payments-on-off-after-I-ve-been-paid-

Squirrel - Frequently Asked Questions. What if I turn weekly payments on/ off after Ive been paid? August 01, 2016 15:39. Payments out of your Squirrel account. If you turn on weekly payments half way through through the month, you’ll start to receive the weekly payments starting with your next salary. It only starts then as your spending money for the month will have already been transferred.

5

Why is my full salary handled by Squirrel? – Squirrel

https://support.squirrel.me/hc/en-us/articles/207736739-Why-is-my-full-salary-handled-by-Squirrel-

Squirrel - Frequently Asked Questions. Why is my full salary handled by Squirrel? May 04, 2016 14:05. Squirrel handles your whole salary as it allows us to be much smarter with how we help you manage your money. For example, with automatic savings, we're able to deduct savings before they hit your account. This makes it much easier to save as you don't notice nor feel the pain - a little like the way income tax that is deducted.

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Squirrel - How Squirrel works

https://squirrel.me/works

Start changing your spending and saving habits today. Here are some common ones. How does Squirrel work and do I keep my bank account? Once you enable Squirrel your pay is diverted into your Squirrel account, where we hold back money for savings and budgeting. The rest of your pay goes straight into your bank account as normal. Once you’re ready to receive your savings then these get paid out into your bank account too. How safe is my money? What happens if I want to stop using Squirrel? Your money is he...

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Squirrel - The simple way to create then stick to a budget

https://squirrel.me/index

The UK's simplest way to create and stick to a budget. Enjoy the whole month, not just the start. Choose to have your monthly salary held by Squirrel, then delivered to you weekly. Weekly pay is easier to manage than one big payment at the start of month and means you never have to worry about running out of money at the end of the month. Set aside money automatically from your pay so you never forget. Your savings are kept out of sight and out of mind so you're not tempted to spend them. Our friendly do...

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Squirrel - Frequently Asked Questions. How does Squirrel work and do I keep my bank account? What happens if I want to stop using Squirrel? How do I know I can trust Squirrel with my money? Why is my full salary handled by Squirrel? What is the Squirrel guarantee? How safe is my money? How is saving with Squirrel different from my existing savings account? What happens if I need access to my money early? Do I get any interest on savings? When can I withdrawal my money? How do weekly payments work?

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