In response to the RBA’s cash rate increase on Tuesday, February 3, Bank of Sydney has today announced a 0.25% rise to its variable savings account interest rates from Tuesday, 10 February 2026.
The increased rates will apply to the Bank’s BOS Saver Account, and all balance tiers of its Business Saver Account, delivering a boost to customer’s savings.
Huw Bough, Chief Banking Officer at Bank of Sydney, said: “We know Australians have big dreams, and whether that’s saving for their next holiday or a rainy-day fund for their small business, we’re delighted to be able to pass on a boost to Australians’ savings accounts. We’re pleased to say we are providing our customers access to a higher interest rate on their savings without unnecessary red tape or tricky Ts and Cs.”
Furthermore, all new and existing standard variable home and business lending rates will increase by 0.25% from Tuesday, 17 February 2026.
Existing Bank of Sydney loan customers will receive a direct notification detailing their new rate and repayment information.
Customers who would like more information about these changes or their specific home loan arrangements or deposits, can visit our website at www.banksyd.com.au/contact-us or call us on 13 95 00 (Mon – Fri, 9am – 7pm AEDT).
