Short version:
We offer Savings Accounts for Personal and Growth Accounts for Business. Interest is earned daily and paid monthly. Rates are variable and can change. Check your app for the latest rates. We pay applicable tax to the IRD on your behalf. You can move money in or out any time.
Personal: Savings Accounts
What it is
A separate place for money you want to grow. It earns daily interest and we pay it monthly. There is no card. Move money back to Everyday any time to spend.
Set up
Open the app and go to Accounts
Tap Add account and choose Savings
Move money in from Everyday
Earn daily and get paid monthly
Move money back to Everyday when you need it
What you will see
A live rate label in the app
A growth chart showing interest over time
Monthly statements under Manage
Tax line items for any tax we have paid to the IRD
Notifications when interest is paid
Coming soon
A high interest option for people who want their money to work even harder. Join Savings now and you will be first to know when it is live.
Business: Growth Accounts
What they are
A place to park cash you are not spending today so it earns. Common uses include GST, tax, working capital, and a payroll buffer. Interest is earned daily and paid monthly. There is no card. Move funds back to Operating when it is time to pay.
Set up
Open the app and go to Accounts
Tap Add account and choose Growth
Move surplus in from Operating
Earn daily and get paid monthly
Move funds back to Operating when needed
Automation rules
Set simple rules so money goes where it should. You can auto split each receipt, sweep excess from Operating into Growth overnight, or schedule regular top ups. Edit rules any time. Funds move instantly when you change your mind.
Controls and reporting
Use permissions and approvals for larger transfers, track a complete activity log, export statements in CSV or PDF, and receive notifications for every movement and monthly interest credit.
Coming soon
A higher yield cash option for teams that want more from their float while keeping simple access. Set up Growth now and you will be first to know when it is live.
Rates and fees
For live interest rates, check each account screen in the app
For fees, open Fees in the app
Tax
We automatically calculate and pay any applicable tax to the IRD on your behalf
You will see tax line items on your monthly statements and in account activity
Your personal or business tax position depends on your situation. We do not provide tax advice
Safety and protection
Funds are safeguarded in a trust account with a licensed bank
Eligible deposits are covered by New Zealand’s Depositor Compensation Scheme up to the scheme limit
Emerge is not a registered bank
When rates change
We will notify you in the app and by email before a change takes effect
Changes are visible in the app once live
What does not change
Interest is calculated daily and paid monthly
You can move money in or out any time
We pay applicable tax to the IRD on your behalf and show it on your statement
Statements and records
Open Savings or Growth and tap Manage
Choose Statements and select the month you need
Export as PDF or CSV
Statements show interest credits and tax line items we have paid to the IRD
Need a hand
Open Help and Support in the app and message us. We are here to help.