Investment Services

These are some services you can use to invest your money in New Zealand, many of which I use myself.

Details on Australian investment services can be found in this article, No Sharesies, No worries! A guide to investment services in Australia



There is not much difference between the major banks, but I am with ANZ as their Freedom account is fee free (including a free debit card) as long as I deposit at least $2,500 every month. Other banks typically charge fees for things like having a debit card.

Heartland Bank

heartland bank logo

I use Heartland Bank’s Direct Call account to keep my cash and emergency funds. It offers a high interest rate, with the ability to withdraw your funds at any time. Heartland also offers good term deposit rates, but the bank does have a lower credit rating than the main banks.

Fund Platforms


investnow logo

InvestNow is the platform I personally use to invest in share and bond funds. There are over 100 funds to choose from, from providers such as Smartshares, Vanguard, and AMP. There are no fees to pay to use the platform, and you can invest from as little as $50.


sharesies logo

Sharesies offers a small number of funds, and their minimum investment is 1 cent! They have a fantastic user interface which is really good for beginners. I personally don’t use Sharesies these days as an account fee kicks in once your portfolio value goes over $50. But I still think it’s a good place to get started and learn investing.

Keen to start building your investment portfolio with Sharesies? For a limited time sign up with this link, and you’ll get a bonus $10 in your Sharesies account. A great way to kickstart your investment portfolio!


Direct Broking

direct broking logo

Direct Broking is the broker I use to buy shares in individual companies on the NZX (NZ share market). The fee to buy or sell shares starts at $30 which isn’t cheap, but it’s cheaper than most other alternatives. You can also buy and sell bonds through Direct Broking.

ASB Securities

ASB logo

ASB Securities provides a similar service to Direct Broking, although they have a cheaper $15 brokerage fee for trades of $1,000 or less.


Hatch is a service that gives New Zealanders access to shares and ETFs on the US sharemarkets.


ShareMeUp is a brokerage service which allows you to purchase shares in a small selection of NZ companies with as little as $50.

Fund & KiwiSaver Managers


JUNO is my KiwiSaver fund provider. They’re a low fee provider, and I am paying half the fees with JUNO compared with my former provider Milford, but their best feature is no fees for balances under $5,000. You can check out my comparison between JUNO, Simplicity, and BNZ here.


Simplicity is another good KiwiSaver and non-KiwiSaver fund manager. They’re a not-for-profit, passive fund manager, with low fees of 0.31% + $30 per year.


Kernel is a new non-KiwiSaver index fund manager. Their fund selection is currently limited, but more funds are on the way. Kernel also has the only index fund that invests outside the NZ Top 50.

Peer to Peer Lending Platforms


harmoney logo

Harmoney is New Zealand’s first and most popular Peer to Peer Lending platform. Investors can get started with only $25, and the platform offers handy features like auto-invest. Those with a high-risk appetite can lend to riskier borrowers that pay a high-interest rate of up to 30%. Check out my review of Harmoney here.

Lending Crowd

lending crowd logo

Lending Crowd has fewer features than Harmoney (e.g. no auto-invest), but makes up for it by offering secured loans to only high-quality borrowers. I have definitely faced fewer loan defaults on Lending Crowd compared to Harmoney. Check out my review of Lending Crowd here.

Special Offer: Not quite ready to become an investor, and need a personal loan to consolidate your debts? Apply for a Lending Crowd loan though this link and you’ll get a bonus $50 to invest in the Lending Crowd platform when you drawdown your loan.


squirrel logo

I find Squirrel Money the easiest Peer to Peer Lending platform to use. It’s the only one in NZ where you can sell your investment early. However, the potential returns are lower than Harmoney and Lending Crowd, and it requires a minimum of $500 to invest in each loan. Check out my review of Squirrel here.

Equity Crowdfunding Platforms

Snowball Effect

snowball effect logo

I’ve used Snowball Effect to invest in a few Equity Crowdfunding campaigns like Squirrel, Punakaiki Fund, and Zeffer Cider.

Special Offer: See an interesting campaign on Snowball Effect? Sign up using this link to score yourself a $100 Snowball Effect voucher after you make your first investment.


pledgeme logo

PledgeMe is another Equity Crowdfunding platform I’ve used, although they feel a bit less professional that Snowball Effect. They also offer “project crowdfunding” on their site – putting money into these are essentially donations and won’t buy you any shares.


Easy Crypto

easy crypto logo

I use Easy Crypto to buy Bitcoin and other cryptocurrency. It’s probably the easiest and fastest way to buy cryptocurrency in New Zealand. Purchases of crypto are usually completed and sent to your wallet within a few minutes. You can view my how to guide on how to buy Bitcoin in NZ here.

Exodus Wallet

I don’t have a lot of cryptocurrency so a basic wallet on my mobile phone is adequate to store it. For this I use Exodus which is a multi-currency wallet that can hold Bitcoin and most major altcoins, and is available on iOS, Android, and desktop.



TransferWise is probably the cheapest currency transfer service out there. I personally use it to transfer money between NZ and Australia, and have also used it to transfer money to the US. They also offer a multi-currency Debit Mastercard (with very low fees!) which is handy for overseas travel.

Special Offer: Sign up to TransferWise using this link and you’ll get a fee-free transfer of up to £500.

All Resources