Ask yourself the big questions before you start – the answers will help you choose a solution that suits your circumstances and your goals.
- How often will you need to access your money?
- When will you want to cash in your investment?
- Are you on a high tax rate? (Hint: If you are, think about a PIE)
- Do you have a retirement savings plan and have you worked out how much you'll need?
- Will you be regularly adding to your savings?
Finding the right investment is all about striking a balance between a return you’re happy with, the risk you’re prepared to take, and having access to your money when you need it.
Try our investment selector to see what might suit you.
Ready access and competitive interest
With our Online Call account, you get the best of both worlds: a competitive interest rate and access to your money any time.
Set and forget for high interest
If you have $5,000 or more that you don't need access to right now, a Term Deposit could be just the thing. You choose the term – from 30 days to five years – and your money earns top interest rates. Term Deposits under $5,000 are also available.
If you don’t want to lock away your savings for a set term, but are worried you’ll keep dipping into your account, a Notice Saver could be right for you. It’s a flexible savings account that lets you earn good interest, but doesn’t give instant access to your money. Just give us notice (either 32 days or 90 days) when you want to make a withdrawal.
Tax smart investments
A Portfolio Investment Entity (PIE) could reduce your tax and increase your savings, where your normal tax (RWT) is lower than your PIR tax rate. Kiwibank’s Notice Saver is a PIE account, and we also offer a PIE Term Deposit Fund and a PIE Online Call Fund.
Try our PIE investment calculator to compare the interest you’d make in a PIE fund with our standard investment accounts.