12 Days of Saving Challenge: FAQs

Blossom FAQs

What is Blossom’s 12 Days of Saving Challenge?

The Blossom 12 Days of Saving Challenge is our festive savings event where you can win $2,000. The competition runs daily for 12 days commencing 12 December 2024 and ending 23 December 2024 (Saving Challenge). Each day a different eligible account holder will win $2,000.

Who is eligible to participate in the Saving Challenge?

All existing and new users who increase their Blossom account balances by a minimum of $2,000 between 4PM AEDT (“Growth”) on 27 November and 23 December are eligible to participate. Both cash investments and daily earnings are included in the $2,000 growth requirement.  

For every $2,000 in growth to your Blossom account, you receive one entry into the daily Saving Challenge draw. If you save $10,000, that's five entries, increasing your chances to win. There's no limit to how many entries you can have.

You can participate in each of the daily draws during the Saving Challenge if your Blossom account shows the required Growth from that date. The cut-off for cleared funds daily is 4PM AEDT.  

Does it matter which Blossom product I invest in?

No, it’s total account growth. You can grow your Blossom Save, Blossom Plus or both accounts.

Can I join the Saving Challenge after 12 December 2024?

Yes, you can join the Saving Challenge any time between 12 December and the end of the Saving Challenge. There is no cut-off date to enter, but the sooner you grow your account by $2,000, the more daily draws you can participate in.

How much can Blossom potentially boost my savings by?

You have a chance to boost your savings by $2,000 on any day of the 12 days of the Saving Challenge. A user can only win once.  

Do I need to maintain and not withdraw the additional $2,000 in my Blossom account to be eligible?

Yes, your Blossom account must reflect at least an additional $2,000 growth to qualify for those days’ entry into the Saving Challenge.

When will the winners be announced?

Winners are announced daily during the Saving Challenge. If you’re one of the lucky winners, we may call, text or email you.