We know fees eat into your KiwiSaver balance, and this has a bigger effect if you don’t have much in your account to start with. There’s not only a financial effect – watching fees chip away at a small balance can be very discouraging. If you're just starting out with an investment habit, it could even make you decide to give up.
If you’ve just taken out all your money for your first home, having no fees on your new, lower balance can give you a head start and get you back on track for saving for that retirement.
At JUNO, we want New Zealanders to form good investment habits. So, we don’t charge any fees on balances under NZ$5,000 – it’s our commitment to helping everyday Kiwis create a better financial future through KiwiSaver. There are also no fees if you’re aged under 18!