| Product Feature |
Benefit to You |
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Competitive returns
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As your balance increases, so does the interest rate. We compound your on-call investments weekly and provide a tiered interest rate for NZ dollar and selected foreign currency on-call accounts.
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| Weekly compounding interest |
Compared to many other interest-bearing accounts which only compound monthly or quarterly, our Cash Management Account compounds interest weekly on on-call investments, helping to grow your capital faster. |
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No annual account fee or transaction fees
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Have more of your money working for you with no annual account fee, and no entry fees, exit fees or transaction fees. There are also no application fees for making on-call deposits and no charges for foreign currency clearance.
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Hold multiple currencies
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Access to 7 major currencies, simple and hassle free transfer from one currency to another. Currencies available are NZD, AUD, USD, GBP, CAD, HKD, EURO.
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Manage your offshore investments with ease
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Hold multiple foreign currencies in your Cash Management Account and earn competitive rates of interest.
For example, if you receive a dividend in British Pounds you can deposit it into your Cash Management Account and not only can it stay in British Pounds (saving you conversion fees) but it also starts earning you interest immediately.
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Flexibility & automatic settlement
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This is like a savings account, only smarter – as it plays an active role in your investing activity.
All dividends and income from your other investments can go to work for you immediately.
You can settle your investment transactions directly from your cash management account, saving time and hassle.
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Easy Administration
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Track Dividend payments to your account, transaction settlement and interest income with quarterly or monthly account statements. Statements can be emailed directly to your inbox or received by post. Annual tax certificates provided (for interest earned greater than $50NZ) making end of year auditing simple.
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Rest Assured
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You can rest easy knowing that your money is secured under a Trust Deed monitored by an independent trustee - the New Zealand Guardian Trust Company Limited. You can also have peace of mind knowing that:
- *Craigs Investment Partners is owned by senior and former employees of the firm. We therefore take the performance of our clients’ portfolios personally.
- Craigs Investment Partners Cash Management Trust is approved under the Crown Deposit Guarantee. Find out more
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