Bank of Sydney Passes on Rate Hike to Savers Amid Economic Uncertainty

Bank of Sydney has announced it will increase its interest rate on the BOS Saver Account by 0.50% p.a., to 5.25% p.a., without conditions attached, effective Friday 2nd October 2026.

This move comes in response to the Reserve Bank of Australia's cash rate increase on Tuesday.

The bank will also increase its standard variable lending rates by 0.25% for existing home and business loans from Thursday 15th October 2026.

However, new customers refinancing with a loan-to-value ratio below 60% will continue to receive special rates.