Every purchase grows your KiwiSaver. Feijoa rounds each purchase up to the nearest $1, $2 or $5 and puts the spare change into your KiwiSaver. Spend $12.30 on lunch and 70c is saved. Now even your morning coffee does something for your future.
Visit feijoa.kiwiWatch your spare change grow
A few cents at a time adds up, because every Round-Up keeps growing until you retire. Set how much you might round up a day, your age and your fund type.
Feijoa could add to your KiwiSaver by 65
These are standard figures, not your fund's. Each fund type uses the government's standard return for KiwiSaver projections, and everything is in today's dollars. Real funds differ. Digital KiwiSaver Advice projects on each fund's own record, so its figures will differ.
Not sure your fund is the right one? Check your fund, or get Digital KiwiSaver Advice based on you.
How we worked this out
Each fund type uses the government's standard return for KiwiSaver projections, after fees and after tax at 28%: Defensive 1.5%, Conservative 2.5%, Balanced 3.5%, Growth 4.5% and Aggressive 5.5% a year. Inflation is taken as 2% a year, and everything is shown in today's dollars. Your Round-Ups are assumed to rise with prices.
It leaves out Feijoa's fee and the government contribution, which depends on what else you pay in. Returns aren't guaranteed and real ones will go up and down. This is an illustration, not a recommendation of any fund type or financial advice.
How it works
- 1Get the app
- 2Add your IRD number
- 3Connect your bank
- 4Spend as normal
You choose whether purchases round up to the nearest $1, $2 or $5.
Questions
What does it cost?
Feijoa charges a small fee on each Round-Up. Its current pricing is on feijoa.kiwi.
How long until it reaches my KiwiSaver?
Once your purchase clears, Feijoa waits a day, then takes your Round-Ups at 9am the next morning. Your provider usually has them 2 to 4 days later.
Does it work with my KiwiSaver provider?
Yes, every KiwiSaver scheme. If you change provider, your Round-Ups follow you automatically.
Is my bank login safe?
Feijoa never sees it. Your bank is connected through Akahu, New Zealand's open banking provider, and where your bank supports it you approve the connection with the bank itself. Feijoa never sees your KiwiSaver balance or account details either.
Which banks work?
ANZ, ASB, BNZ, Westpac, Kiwibank, TSB, Co-operative Bank, Heartland and NZHL. Amex, Gem Visa, SBS, Wise and the Sharesies and Booster Savvy cards can be rounded up, but the money has to come from one of the banks.
Can I pause or stop?
Any time, in the app. You can also raise or lower your Round-Ups, or close your account.
Can I round up for my family?
Yes. You can split Round-Ups between your KiwiSaver and a partner's, children's or grandchildren's. You don't need to be in KiwiSaver yourself, so a grandparent can round up for their grandchildren.
Feijoa NZ is a separate company and a registered financial service provider (FSP1010562). It moves your Round-Ups into KiwiSaver; it doesn't hold your savings or give advice. This page describes the service. It isn't a recommendation or financial advice.