What is the Blossom 500 Savings Challenge?
The Blossom500 Savings Challenge is a month-long savingschallenge designed to encourage our community to keep working towards theirsavings goals.Userswho increase their account balance by $500 will have a chance to win $500 in adraw which will take place every business day for 20 days.
How can I participate in the Blossom 500 Savings Challenge?
To participate, you need to grow your Blossom account net balance by at least $500 above the balance at 4:00 PM on August 26th (time of campaign announcement). Each $500 increase in growth will give you an additional entry into the daily draw.
What is the total prize pool for the challenge?
The total prize pool for the Blossom 500 Savings Challenge is $10,000. Each weekday, one winner will receive $500, with a total of 20 unique winners throughout the challenge.
Can I win more than once?
No, you can only win once. There will be 20 unique winners throughout the challenge.
How are the entries calculated?
For every $500 increase in your account balance, you will receive one entry per day for the 20 days of the challenge. The more you grow your balance, the more entries you’ll receive.
What is the cut-off time each day?
The deadline for you to grow your account balance every weekday is 4:00pm AEST.
When will the winners be announced?
Winners will be announced every weekday from September 2nd to September 27 after the 4:00pm AEST cut off.
What if I withdraw money from my account during the event?
Withdrawals may affect your account growth. Ensure your net balance grows by $500 or more above the snapshot balance to remain eligible for entries.
How will I know if I’ve won?
Winners will be notified via phone call or text message. If we can’t reach you via mobile, we’ll notify you via email.
Is there any cost to participate in the Blossom 500 Savings Challenge?
There is no cost to participate. Simply grow your account balance by $500 or more to receive entries to win.
How can I get more information about the Blossom 500 Savings Challenge?
For more information or any specific questions on the campaign, please reach out to our team here.
