Blossom Savings App: Target Returns up to 7.20% p.a., No Fees
Blossom is an Aussie savings app offering target annual returns of 6.20% / 6.70% / 7.20%, with no account fees and daily payouts. New users who sign up with a referral code get $10, ideal for those seeking higher returns than standard bank savings.
Original title
Blossom Savings App: Target Returns of 6.20% / 6.70% / 7.20% P.a., No Fees
Quick take
- Those seeking higher-than-bank savings rates
- Comfortable with an app-based product and target rates
- Those needing guaranteed fixed returns
- Those wary of app-based fund security
- Target returns up to 7.20% p.a
- No account fees
- Rates are targets, not guaranteed
- Referral code required for $10 bonus
- Price
- Reward offer
- Value per hour
- $60
Fill in your profile and we'll tell you whether you can do this (state, visa status, banks, memberships).
Set up my profile →How to do it
- 1Download the Blossom Savings App from the App Store or Google Play
- 2Sign up and enter a referral code to get the $10 bonus
- 3Deposit funds and earn daily interest at the target rate for your chosen product
Conditions
- Rates are targets, not guaranteed, and may fluctuate with market conditions
- Referral bonus requires a referral code at signup
- Check app terms for any lock-in periods or withdrawal limits
Risks
- NoteNeeds a referral code. Get one from a trusted source and avoid links from strangers.
- NoteNo end date given. The price or offer could end at any time.
- NoteTarget rates are not guaranteed and may be lower than advertised
- NoteSome community comments mention issues with withdrawals or support
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