Compare Bank of Sydney savings accounts
Open a transaction account, savings account or a term deposit depending on your needs.

Bank of Sydney began operations under a full banking licence in April 2001, and now has branches in Sydney, Melbourne and Adelaide. It offers a range of products and services related to personal banking, business banking and international banking. Also, it provides various insurance solutions as well. The Bank of Beirut acquired the Bank of Sydney in 2011.
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How we picked theseThe Finder Score is a simple score out of 10. The higher a savings account's score, the better we think it is for the average customer.
We score each savings account in our database of hundreds based on a data-driven methodology with 2 main criteria: Does the account offer a high interest rate? And is it easy for savers to actually earn that rate?
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How we picked theseWe assess multiple product features for transaction accounts from over 100 providers and assign each product a score out of 10.
We currently don't have that product, but here are others to consider:
How we picked theseFinder Score assigns Term Deposit products a score out of 10, comparing interest rates and features, to make comparison easier. We assess over 150 products from more than 90 providers, assessing products across different terms to determine an average score per product.
Its range of transaction accounts give you access to funds according to your needs. If you’re considering getting on the savings bandwagon, you can choose to open to savings account or a term deposit.
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This everyday account gives you the ability to earn interest, and you don’t have to pay any account keeping fees. You can link this account to a Visa debit card to get easy access to funds in your account, and you can benefit from free unlimited ATM and EFTPOS transactions.
Bank of Sydney offers term deposits of terms ranging from one month to thirteen months, and to open one you require a minimum investment of $1,000. These term deposits don’t attract any account keeping fees, and you get the option of automatic rollovers.
You can choose to open a term deposits with Bank of Sydney using foreign currency. Currencies Bank of Sydney accepts include American Dollars, Euros, Great Britain Pounds, and New Zealand Dollars. You also have the option of terms from one month, two months, three months, six months, and 12 months.
Back to topBefore applying for a Bank of Sydney account, it is important that you compare the features against what other providers are offering to ensure it best meets your personal needs.
To apply, you’ll need to provide the following.
Diversify your savings growth potential with a flexible Foreign Currency Term Deposit.
The term deposit from Bank of Sydney gives you more flexibility for the same competitive rates, so for short-term savings this may be the account for you.
I have a considerable amount of cash to invest in a 12 month Fixed Term Deposit. The very best offer I have had so far is 5.3%. I am looking for at least 5.5%. Are you able to help?
Hi Denis,
We are a comparison site. The best rate we have available as of today is 5.2%:
https://www.finder.com.au/term-deposits
is bank of sydney covered by australian goverbment bank guarantee
Yes they are.
Will the fact that I asm self-employed disqualify me from investing with Bank of Sydney?
Hi Dale, that would depend on what account you’re looking at but in general no, it wouldn’t disqualify you from opening an account.