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6.20% p.a.
target return
6.70% p.a.
target return
7.20% p.a.
target return
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Accounts
An account for every kind of saver
For your goals.
For the goals you’re building together.
For the future you’re building for them.
For cash beyond the day-to-day.
For retirement savings that need to keep earning.
For reserves that keep funding the work.
Welcome to the new Blossom!
Blossom Grow
Target 7.20% p.a., over a 12-month term. Start from $5,000.
Some savings deserve time to grow. Grow gives your savings a full year to work towards something bigger - while you watch the gap between here and there get smaller.
Simple to start. Easy to follow. Progress you can see every day.
01
Start from $5,000.
A few details, and a first transfer in.
No sign-up, transfer or account fees.
02
Watch it grow
every single day.
Earnings are posted daily, so you can see progress as it happens.
03
A year with
purpose.
Your savings stay invested for 12 months, giving them more time to work towards your goal.
04
Your goal,
always in sight.
Set a target, watch the gap close.
05
Real people, when
you need them.
Need a hand? Our team is here to help.
Enter your starting balance and regular contributions, then see what progress could look like over time.
With the use of key variables, this calculator illustrates the general effect of compounding interest and regular additions to the principal over time. This calculator does not reflect investments in Blossom Fund. See Important information.
Grow targets a 7.20% p.a. return, net of
fees, over a 12-month fixed term.
Earnings are posted to your
account daily.
Your money is invested through the Blossom Fund in a professionally managed, diversified portfolio of fixed income investments.
Grow is designed to give your money time to grow, with withdrawals available at the end of the term.
See how Grow compares with Save
and Plus.
For savings you want within easy reach.
From $50
Quick Access - Daily Requests
No Account Fees
6.20% p.a.
target return
Learn More
For savings you're giving more time to grow.
From $5,000
Quarterly Access
No Account Fees
6.70% p.a.
target return
Learn More
For goals with a longer runway.
From $5,000
12-month term
No Account Fees
7.20% p.a.
target return
Learn More
Behind every Blossom balance is a reason. Meet the people making progress on something that matters to them.
“It was motivating to see a daily increase in our balance… we have now been able to save up enough to purchase our first home!”
“Blossom has helped my son substantially grow his savings, putting a home deposit within reach within the next few years.”
“I started with a lump sum, turned on weekly recurring payments, and now have $80k saved… It’s working for me while I decide.”
“It feels like every stage of the process is transparent and they’ve thought of the next question you want to ask.”
“Their customer service is incredible, and they helped us reach our goals clearly and manageably.”
What is Blossom Grow?
Blossom Grow helps you set and forget for serious savings by targeting 7.20% p.a. returns.
Earnings are posted daily and compounded annually! Start investing with $5,000 and enjoy no sign-up, transfer or withdrawal fees.
Is Blossom Grow right for me?
Set and forget for serious savings with 7.20% p.a. targeted returns.
Choose Blossom Grow if:
How does the 12-month investment term work?
Blossom Grow has a 12-month fixed investment term and funds cannot be withdrawn in that time.
You need to tell us (via the app or web) at least four weeks before your term ends whether you’d like to:
* Withdraw your funds
* Switch to Blossom Save or Blossom Plus
* Start another 12-month term
If we don’t hear from you before the cut off date, your investment will automatically start another 12-month term.
If you request to withdraw or switch your funds before the cut off, your withdrawal will be processed within 7 business days after your term ends.
A minimum $5,000 balance is required. If your withdrawal would reduce your balance below this amount, you may need to request a full withdrawal instead.
Is there a minimum investment amount for Blossom Grow?
Yes, there is a minimum investment amount of $5,000.
