We’ve got a range of initiatives to support you or your business, if you’ve been financially impacted by COVID-19, We also have guides to help you bank from home. For all other updates, see our COVID-19 page.
All our branches have returned to normal trading hours. See our latest branch updates for more information.
No problem, the easiest way to apply is to complete our form and an investment expert will call you.
Apply nowLog in to Internet Banking and go to Apply & Open to make it happen.
Log in to Internet BankingYou can also visit one of our branches whether you're new to Kiwibank or already a Kiwibank customer.
Find my nearest KiwibankGet a bigger slice of the pie and potentially pay less tax with Portfolio Investment Entities (PIEs).
PIE investments have special tax rules and have a maximum tax rate on returns of 28%.
The tax you’ll pay on any investment income from a PIE is based on your prescribed investor rate (PIR) instead of your personal income tax rate – so you could end up paying less in tax than you would on a non-PIE account or investment.
Available to almost everyone including companies, trusts and organisations.
Choose from Notice Saver, PIE Term Deposit or PIE Online Call.
When you sign up for a PIE, you need to make sure you select the right PIR rate. Depending on your circumstances, your PIR will be 10.5%, 17.5% or 28%. If you need help working out your PIR, take a look at our tax information page.
If you don’t select a PIR, your rate will automatically default to the highest option – 28% – and you may end up paying a higher rate than you need to. If that happens, you won’t be able to claim back any tax you’ve overpaid. On the flip side, if you put a lower PIR than you should, you’ll be liable to pay any tax shortfall.
To compare the returns you’d make on a PIE fund with our standard investment accounts, try our PIE investment calculator.
If you’re keen to build your nest egg with a PIE fund, you can apply online.
No problem, the easiest way to apply is to complete our form and an investment expert will call you.
Apply nowLog in to Internet Banking and go to Apply & Open to make it happen.
Log in to Internet BankingYou can also visit one of our branches whether you're new to Kiwibank or already a Kiwibank customer.
Find my nearest KiwibankOnce your application is complete, our team will get in touch with you so make sure you have your:
If you're a business banking customer, please call 0800 601 601 or talk to our business banking managers.
Kiwibank Investment Management Limited is a subsidiary of Kiwibank and manages the PIE products Kiwibank provides. When you deposit money in one of our PIE funds, you're issued with units. The Trust Deed (PDF 6.2 MB) covers how this is managed and the provisions that apply. Public Trust was appointed as Supervisor on 1 June 2020, download the Deed of Retirement and Appointment (PDF 804.1 KB).
Read the following Kiwibank PIE Unit Trust Annual Reports:
Standard terms and conditions
Kiwibank PIE Online Call Fund, Kiwibank PIE Term Deposit Fund and Kiwibank Notice Saver are funds within 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. See all investments terms and conditions or pick up copies from your nearest Kiwibank.
This communication contains general information only and not investment or tax advice, and as such you shouldn't rely on it as the sole basis for any financial decision. Potential investors should seek professional advice as to whether an investment is right for them, including the taxation implications of such an investment.