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Find your savings sweet spot
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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!
Joint Accounts
Open a Joint Blossom account and put your savings to work.
A trip. A home. A celebration. Whatever you’re building towards, keep your shared savings together and working for you both.
Both of you can see and manage the account, so you always know how your shared savings are progressing.
Up to
7.20%
p.a. target returns
Add to your savings along the way and watch what you’re working towards get closer.
Choose how much access you want, how much time you’re giving your savings, and the target return that works for you.
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
Sign up and complete your Joint \n account details. You’ll need to create \n an Individual Account first.
02
Invite the person you’re saving with to complete their details.
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Choose Save, Plus or Grow depending on how much time you’re giving your savings to grow.
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04
Make your first transfer, then add more whenever it suits you.
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05
Track your balance and posted earnings in the app as your shared savings grow.
06
Enter your starting balance and regular contributions, then see what progress together 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.
Behind every Blossom balance is a reason. Meet the people making progress on something that matters to them.
"Blossom has given our family a significant advantage… we have now been able to save up enough to purchase our first home!"
“I saved my house deposit with Blossom and when the right place came up, I had the full amount in my bank the same day.”
“I started with a lump sum, turned on weekly recurring payments, and now have $80k saved… It’s working for me while I decide.”
"I encouraged my partner to save and we’ve been active since then."
“Their customer service is incredible, and they helped us reach our goals clearly and manageably.”
What is a Blossom Joint account?
A joint account lets you and your savings partner grow your money together in a shared Blossom account. Both account holders have equal and unrestricted access to add funds, withdraw and manage the account.
How do I open a joint account?
You can open a joint account through the Blossom App by logging into your individual account and navigating to Settings > Add account > Joint account. Follow the steps to invite your savings partner and set up the account.
Can I convert my existing account into a joint account?
No, existing individual accounts cannot be converted into joint accounts. If you'd like to open a joint account, you'll need to create one in addition to your individual account. To do this, go to Settings > Add Account > Joint Account in the Blossom app and follow the steps.
What are the differences between Blossom Save, Blossom Plus and Blossom Grow?
Blossom Save gives you freedom and flexibility while you save, targeting a 6.20% p.a. return on your savings with a minimum balance of $50. Withdrawal requests are processed business daily, subject to banking and payment systems.
Blossom Plus helps you reach towards your longer-term goals faster with 6.70% p.a. targeted returns. Plus has a minimum balance of $5,000 with withdrawals processed quarterly (every 3 months).
Blossom Grow helps you set and forget for serious savings, targeting 7.20% p.a. returns. Grow has a minimum balance of $5,000 and withdrawals are processed after a 12-month term.
Read more in the PDSs, TMDs and FAQs
