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Investing with FAI Money

With FAI Money secured deposits# we offer you competitive returns and a range of terms and interest payment options, which lets you decide how hard your money works for you. Simply choose the rate and term that best suits your needs.
You can choose to have your interest regularly direct credited to supplement your income or compounded to see your money grow faster. The whole process is easy and you can contact us if you have any questions and we're happy to help.

 

What is a secured deposit?

  • Secured deposits are investment accounts that run for a fixed term and offer a fixed interest rate. The term could be as little as one month or as much as five years, and money in the account is locked away and unavailable during this period.
  • Depending on the amount you wish to invest, the interest rate is usually higher than everyday bank accounts. The rate generally improves with a greater amount of money invested or the longer period of time you invest your money for.
  • A minimum deposit amount of $1,000 is required and if you can deposit over $5,000 you often get a higher rate of interest.
  • Secured deposits are secure and convenient for calculating exactly what your return will be at the end of the investment period, as rates are fixed for the life of the deposit.
  • Best of all a secured deposit is incredibly easy to set up.

Simple communications and comprehensive service

This is the promise that FAI Money delivers. Everything from your interest advice to new product offers will use straightforward language and be easy to understand.

Need some more information?

If you have any questions you can contact us by email or phone and we will answer your questions on the spot. Simply phone 0800 450 400 Monday to Friday 9am - 5pm or email and if you want something done - it's done.

Your own secure password

All information regarding your investment is protected by a password that you nominate. This means you are the only one who can access your private information.

Helpful tips for investors

  • Be aware of when interest payments are calculated and made - here at FAI Money we calculate interest daily and interest payments may be made monthly, quarterly, six monthly or at the end of the term.
  • Choose your term carefully - make sure you won't need the cash during the term of your agreement; it is not always possible to end your term deposit early.
  • For the best return on your investment you may be best to choose a term deposit that pays interest regularly and allows you to roll that interest back into the term deposit (compounding your interest). Or, if you need a little extra money now, you could choose to have the interest paid into your regular bank account.

Secured Loan with FAI Money Unsecured Loan with FAI Money

#FAI Money Limited Secured Debentures are secured by a charge which is first ranking, subject to prior charges (currently nil) and claims given priority by legislation. Minimum investment amount $1,000. Special rates are available for amounts over $50,000. Rates are subject to change. Call for an investment statement. A registered prospectus is available from FAI Money Limited, Level 4, 520 Queen Street, Auckland.
*FAI Money has a guarantee under the New Zealand deposit guarantee scheme. The guarantee will operate until 12 October 2010 and is only applicable to payments due and payable within the guarantee period. Interest and principle payments that fall beyond 12 October 2010 are not covered by the guarantee. Debenture holders who are financial institutions, related parties, neither New Zealand tax residents nor New Zealand citizens, and their nominees will not receive the benefit of the guarantee. The guarantee is capped at $1 million per debenture holder. Further information relating to the Crown guarantee (including a copy of the Crown Deed of Guarantee) is available free of charge and at all reasonable times at www.treasury.govt.nz