Yes, you can get started with a minimum of $5. We want to make saving accessible for everyone!
Blossom Save gives you freedom and flexibility, whilst targeting 5.95% p.a. returns on your savings. Earnings are posted and compounded daily! Start investing with just $5 and enjoy no account, sign-up, transfer or withdrawal fees. Access one instant withdrawal up to $5,000 each day.
Enjoy freedom, flexibility and feeling good about 5.95% p.a. in targeted returns. Choose Blossom Save if:
*Your first Blossom Save withdrawal request (up to $5,000) each day will be processed instantly. Additional withdrawals will be processed business daily, subject to banking and payment systems. See the PDS for more info.
You can make a withdrawal request at any time through your account on the web, iOS or Android app. It can be all or part of your investment in the Fund. A minimum $5 account balance is required, otherwise you may need to make a full withdrawal.
Your first Blossom Save withdrawal request (up to $5,000) each day will be processed instantly.
Withdrawal requests above $5,000, or any additional withdrawal requests made on the same day, will generally be processed for same-day payment on business days when requested before 4pm AEDT (subject to banking and payment systems).
Redeeming your savings may give you taxable gains, depending on your individual circumstances. Please refer to the PDS to learn more about how fixed income funds are taxed.
Please also refer to the PDS to learn more about how the law and the Fund Constitution have to allow for possible suspensions of redemptions and even for extended delays but we think that is unlikely.
The maximum investment amount per customer is $10,000,000. If you’d like to invest more, please contact our support team at blossom@blossomapp.com.