Blossom – Save & Invest. 2.7.7

The Blossom app presents an innovative approach to savings for Australians, offering access to competitive interest rates of 5.95% p.a. and 7.00% p.a. for various savings plans. This platform aims to assist users in achieving their financial goals, whether they are saving for a home, a vehicle, a vacation, or simply looking to build their financial reserves.

Saving Options

• Blossom Save: A flexible savings option targeting 5.95% p.a. returns with features such as:
  • Daily compounded earnings
  • No account fees
  • Minimum initial deposit of just $5
• Blossom Plus: Designed for those aiming for larger financial goals with a target of 7.00% p.a. returns that includes:
  • Quarterly withdrawals
  • Quarterly compounded earnings
  • No account fees
  • Minimum initial deposit of $5,000

This platform democratizes access to fixed income investments that were traditionally the domain of larger institutions, enabling everyday savers to benefit from targeted returns.

Accessibility

• The application is designed for a broad audience including:
  • Individuals
  • Businesses
  • Self-Managed Super Funds

Sustainable Approach

Blossom also emphasizes its commitment to environmental sustainability, pledging to improve both users’ savings and the planet by planting a tree in bushfire-affected regions when users fund their accounts for the first time.

User Experience

• The signup process is straightforward:
  • Download the app and register at no cost.
  • Fund your account with an amount that suits you.
  • Monitor your savings as they grow.

Feedback and Support

Blossom encourages users to provide feedback through app store reviews to enhance its services continually. For assistance, users can reach out via email at [email protected].

Important Considerations

Please note that the information provided does not constitute personal financial advice. It is essential to consider your unique circumstances and consult with a licensed financial planner before making investment decisions.

The investments offered through Blossom are subject to risks, including the potential loss of capital. Target returns are not guaranteed, and past performance does not indicate future results.

For comprehensive details, including the Product Disclosure Statement (PDS) and other important documents, please refer to the official website or the app.