Welcome to the faster way to save.

Our Savings Fund provides a high savings rate with on call access, no minimum balance, and no restrictions. All backed by assets with a weighted average credit rating of AA.

This is the future of saving, and it's available now for individuals, businesses and trusts.

GIF
This is how we compare to the banks:
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3.00% p.a

Variable rate

Average on-call bank savings

1.08% p.a

Variable rate
Unconditional savings account rate according to the RBNZ.
The Wedge Savings Fund is a PIE with compounded monthly returns. Which means your returns could be even higher if your marginal tax rate is 30% or more.

The effective return below is the interest rate you'd need from a non-PIE savings account to achieve the same after-tax return you get from the Wedge Savings Fund.
Effective return if your marginal tax rate is 30%
3.13%
Effective return if your marginal tax rate is 33%
3.27%
Effective return if your marginal tax rate is 39%
3.60%


See how we've compared over time

Let's see how much faster you'll save.

WeeklyFortnightlyMonthly
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This chart is for illustrative purposes and is only an estimate of your future savings balance. Please refer to the fund's Product Disclosure Statement for more information before deciding if the Wedge Savings Fund is appropriate for you.
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Calculator assumptions
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The interest rates used in these calculations are the same as those shown above the chart. Fortnightly and weekly regular savings amounts are calculated using an average number of equal payments per month assuming each month has 30 days. All estimated savings balances are assumed to earn compounded interest each month and are before tax.

Great rate

A market-leading rate for on call savings.

Reliable

Your money is backed by assets with a very high AA average credit rating.

Easy to use

Sign up via the app in minutes, and move your money with ease.

Media are talking


"The 3% rate demolishes traditional bank offerings, and the PIE structure adds meaningful tax benefits for many savers. The daily transparency and compound returns create genuine engagement with your savings growth."

"This structure lets everyday savers access the wholesale money markets where returns are consistently higher than retail banking rates."

"It's built for modern saving: The app is well-designed, and account opening takes minutes - everything's digital, biometric-secured, and refreshingly straightforward."

Partners supporting us

Wedge is New Zealand's first Savings Fund.

All around the world, funds are fast replacing traditional bank accounts as the faster way to safely grow your money. A Savings Fund brings together the best features of a bank account (a set savings rate, on call access, no minimums or restrictions and an easy app interface) with the superior returns and stability that come from investing in low risk wholesale money markets.

Every dollar you invest into the Wedge Savings Fund is backed by a dollar of cash and fixed interest investments which carry a very high weighted average credit rating of AA.
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Once you're signed up through the app, simply deposit money from your bank into the Wedge Savings Fund bank account, and we'll purchase units in the fund on your behalf. From then on, your money will be earning a far better savings rate than when it was sitting in your old on call bank savings account.

The return you earn in the Wedge Savings Fund accrues daily, so you'll see your balance grow every day.
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The fund is a Portfolio Investment Entity (PIE), so tax is capped at 28%.

Key Features

How does it work?

Wedge is simple to set up and will get you saving faster in no time.

Sign up in minutes

Simply download our app and follow the instructions.

To join Wedge, you’ll need to be 18 years or over and have these things handy:
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  • NZ Driver Licence or NZ Passport
  • IRD number
  • Email address
  • Mobile phone number

Transfer money from your bank

Once you’re signed up you’ll be able to fund your account. You can do this by standard bank transfer.

And don’t forget to add your Wedge ID in the 'Reference' field. You'll be given your Wedge ID once you've signed up.

Set goals and track 
your progress

Setting and visualising goals is a powerful way to help you get to where you want to go.

At Wedge you can personalise your savings goal. Give it a name, attach a picture, and watch your money grow day after day.

Transfer money in and out any time

Know you’re always earning our great rate no matter what your balance is, and that you can access your money when you need it with no fees or penalties.

Reach your savings
goals faster.

Enjoy the many benefits of achieving your savings goals faster!

More Questions?

The FAQs in our Support section are there to help answer any questions you might have about Wedge.

But here are a few things we thought might be top of mind.  

How does Wedge pay such a good rate?

The Savings Fund invests in high quality cash and fixed interest assets, sourced from across global wholesale money markets. The higher interest rate these assets pay allows the fund to deliver a consistently great savings rate to you.

How do I know Wedge is safe?

Wedge is a licensed manager of a Managed Investment Scheme, regulated by the Financial Markets Authority, and is a registered Financial Services Provider in New Zealand.
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That means, those who save with the Savings Fund enjoy the same protections as KiwiSaver members.

Wedge is supervised by The New Zealand Guardian Trust Company Limited (NZGT), who oversees and monitors our operations. NZGT is one of New Zealand’s longest standing and most awarded supervisors.

NZGT has appointed Adminis NZ Limited (Adminis) as the independent custodian of the Savings Fund. As custodian, Adminis holds all fund assets for your benefit.

What fees does Wedge charge?

The Savings Fund offers savers an advertised 'Set Rate' of return. This rate is inclusive of all ordinary fees and expenses. So you always know how fast your money is growing. 

We're often told how much our members enjoy watching their balance grow each day.

What’s the credit rating of the Wedge Savings Fund?

The investments backing your money in the Savings Fund have a weighted average AA credit rating - higher than New Zealand's largest banks.

How do I know Wedge is always working for me?

Wedge has revolutionised the New Zealand savings market by reordering the way managed funds work.
 
This is so that the Wedge Savings Fund works for both cautious investors and savers.
 
The fund pays you a 'Set Rate' of return, before Wedge is eligible to earn anything. Wedge only gets to keep the return the fund generates above the Set Rate, if there is one. This is the opposite of how a traditional managed fund works.
 
By flipping the managed fund model on its head, we’ve ensured there is absolutely no question about who is working for who (hint: we work for you!) and who our priority is (hint: it’s you!).

Save faster.

Welcome to Wedge. And welcome to reaching your savings goals faster.