We describe a novel atom trap for Bose-Einstein condensates of 87 Rb to be used in atom interferometry experiments. The trap is based on a time-orbiting potential waveguide. It supports the atoms against gravity while providing weak confinement to minimize interaction effects. We observe harmonic oscillation frequencies (ω x ,ω y ,ω z ) as low as 2π × (6.0, 1.2, 3.3) Hz. Up to 2 × 10 4 condensate atoms have been loaded into the trap, at estimated temperatures as low as 850 pK.We anticipate that interferometer measurement times of 1 s or more should be achievable in this device.