Blossom FAQs

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Company, Trust and SMSF Accounts

Can I open a Blossom account with my Trust?

Yes, you can open a Blossom account in the name of your Trust. You must be a beneficial owner of the Trust or an individual Trustee or Director of the Company Trustee, to open a Trust account with Blossom.  

If you have an existing individual account and you’d like to open a Trust account, you can:

  • Log in to your Blossom account on the web (not your Blossom app!)
  • Go to Settings and choose ‘Add Account’
  • Select ‘Company, Trust or SMSF’ and follow the steps.

If you don’t have an existing individual account, you can:

  • Go to blossomapp.com on the web (not your Blossom app!)
  • Click ‘Join Now’ to create your account
  • Choose ‘Company, Trust or SMSF’
  • Follow the easy steps. 

We’ll send you an email as soon as your Trust account has been verified and you can add funds. 

We’ll do our best to verify your Trust account instantly. In some cases, it may take 1-2 days for the Blossom team to verify your Trust account.  

Can I open a Blossom account with my Company?

Yes, you can open a Blossom account in the name of your Company. You must be a Director of the company to open a Company account with Blossom.  

If you have an existing individual account and you’d like to open a Company account, you can:

  • Log in to your Blossom account on the web (not your Blossom app!)
  • Go to Settings and choose ‘Add Account’
  • Select ‘Company, Trust or SMSF’ and follow the steps.

If you don’t have an existing individual account, you can:

  • Go to blossomapp.com on the web (not your Blossom app!)
  • Click ‘Join Now’ to create your account
  • Choose ‘Company, Trust or SMSF’
  • Follow the easy steps. 

We’ll send you an email as soon as your Company account has been verified and you can add funds! 

We’ll do our best to verify your Company account instantly. In some cases, it may take 1-2 days for the Blossom team to verify your Company account.  

Can I open a Blossom account with my self-managed super fund (SMSF)?

Yes, you can open a Blossom account in the name of your SMSF. You must be a beneficial owner of the SMSF or an individual Trustee or Director of the SMSF Trustee, to open a SMSF account with Blossom.  

If you have an existing individual account and you’d like to open a SMSF account, you can:

  • Log in to your Blossom account on the web (not your Blossom app!)
  • Go to Settings and choose ‘Add Account’
  • Select ‘‘Company, Trust or SMSF’ and follow the steps

If you don’t have an existing individual account, you can:

  • Go to blossomapp.com on the web (not your Blossom app!)
  • Click ‘Join Now’ to create your account
  • Choose ‘Company, Trust or SMSF’
  • Follow the easy steps. 

We’ll send you an email as soon as your SMSF account has been verified and you can add funds. 

We’ll do our best to verify your SMSF account instantly. In some cases, it may take 1-2 days for the Blossom team to verify your SMSF account.  

Can I open a Company, Trust and SMSF account through the Blossom app?

No, you can only open a Company, Trust and SMSF account through the web app at app.blossomapp.com/login. You cannot sign up through the mobile app.

You can create an individual account through both the web and mobile apps. 

Can I open an individual account and a Company, Trust or SMSF account with Blossom?

Yes, you can open an individual and Company, Trust or SMSF account with Blossom under one profile. If you already have an account set up with Blossom and you’d like to add another, you can:

  • Log in to your Blossom account on the web (not your Blossom app!)
  • Go to Settings
  • Choose ‘Add Account’
  • Select ‘Individual’ or ‘Company, Trust or SMSF’ and follow the steps.

We’ll do our best to verify your Company, Trust or SMSF account instantly. In some cases, it will take 1-2 days for the Blossom team to verify your new Company, Trust or SMSF account.  

We’ll send you an email as soon as your account has been verified and you can add funds! 

How do I switch between my individual and Company, Trust or SMSF account?

To switch between accounts, go to:

  • The ‘Home’ section in your Blossom app or on the web
  • Click on your account name in the top right hand corner to view your accounts
  • Choose the account you would like to switch to. 

If you want to switch back, you can follow the same process!

How many accounts can I set up under one profile?

You can set up a maximum of two accounts under a single profile. This includes one individual account and one Company, Trust, or SMSF account.

How long does it take to set up a Company, Trust or SMSF account with Blossom?

On average, it can take 10 minutes to apply for a Company, Trust or SMSF account. We’ll do our best to verify your Company, Trust or SMSF account instantly. In some cases, it may take 1-2 days for the Blossom team to verify your Company, Trust or SMSF account.  

We’ll send you an email as soon as your Company, Trust or SMSF account has been verified and you can add funds! 

What types of information are required to open a Company, Trust or SMSF account?

To open a Company account, you'll need to provide:

  • The ABN or ACN of the company
  • Personal details of the company directors

For a SMSF account, you'll need to provide:

  • Details of your SMSF or details of the trustee company 
  • Personal details of the directors of the trustee company or individual trustees
  • SMSF Trust Deed 

For Trust accounts, you’ll need to provide:

  • Details of your Trust
  • The type of trust 
  • Personal details of the directors of the trustee company or individual trustees
  • Trust Deed.