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Kiwibank Notice Saver vs Kiwibank Online Call and Term Deposit

Online Call Notice Saver Term Deposit
Add money at any time Yes Yes -
Withdraw money at any time Yes By giving notice -
Return Not fixed Not fixed Fixed
PIE tax compliant option available Yes Yes Yes
Open online Yes Yes Yes
Transact via internet banking Yes Yes Yes
Ability to pay out monthly income Yes – but must be done manually and bonus interest is lost. Yes – can be set up to pay out automatically.
No penalty.
Yes – terms greater than 12 months have interim interest payment options.

Features

FAQs

Limits may apply for Business customers

On 23 December 2013, Kiwibank Investment Management Limited registered a prospectus for the Kiwibank PIE Unit Trust (“the Prospectus”). The Prospectus can be found at www.business.govt.nz/companies under "Kiwibank Investment Management Limited – Documents".

Kiwibank Notice Saver returns are not fixed. Kiwibank Notice Saver is a Portfolio Investment Entity (PIE). Units in Kiwibank PIE Online Call Fund, Kiwibank PIE Term Deposit Fund and Kiwibank Notice Saver are distributed by Kiwibank Limited and are issued by Kiwibank Investment Management Limited.

Download the Investment Statement for Kiwibank PIE Online Call Fund, Kiwibank PIE Term Deposit Fund and Kiwibank Notice Saver (PDF 1.4 kB) or pick up a copy from your local Kiwibank. Download Investment statement for Term Deposits (PDF 1.5 kB) or pick up a copy from your local Kiwibank.