Can I withdraw funds from Blossom Grow when I need them?

Blossom Grow has a 12-month investment term.

You need to tell us (via the app or web) at least four weeks before your term ends whether you’d like to:

• Withdraw your funds
• Switch to Blossom Save or Blossom Plus
• Start another 12-month term

If we don’t hear from you before the cut off, your investment will automatically start another 12-month term.

If you request to withdraw or switch your funds before the cut off, your withdrawal will be processed within 7 business days after your term ends.

A minimum $5,000 balance is required. If your withdrawal would reduce your balance below this amount, you may need to request a full withdrawal instead.

Redeeming your savings may give you taxable gains, depending on your individual circumstances. Please refer to the PDS to learn more about how fixed income funds are taxed.