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Following the Reserve Bank of Australia’s (RBA) decision to reduce the cash rate, Bank of Sydney will be making changes to Variable Rate Loans for both Retail and Business customers.
When making any interest rate changes, please note we do take into consideration a number of important factors, including but not limited to, the impact to our customers and their financial situation and also economic, regulatory, operational and funding requirements.
As a result, Bank of Sydney will reduce standard variable loan interest rates for new and existing customers by 0.25%, effective Wednesday, 12th March 2025.
All affected customers will receive a direct written communication outlining changes to their interest rate and minimum repayment amount.
Customers who would like more information about these changes or their specific home loan arrangements may call us on
13 95 00 or visit their local branch.