Bank of Sydney

Centred in Sydney, Melbourne and Adelaide, the Bank of Sydney’s focus is on providing banking services and credit cards to "multicultural Australia".

Bank of Sydney credit card

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Bank of Sydney Platinum Credit Card

Highlights

  • Earn $8 for every $1,000 spent on eligible purchases (with no cap).
  • 6.99% p.a. up to 6 months on purchases (reverts to 18.49% p.a.).
  • 55 days interest-free period on all purchases.

Pros

  • No limit on the cashback you can earn.
  • The introductory rate on purchases.
  • Comes with complimentary travel insurance for up to $20,000.
  • Includes transport accident insurance, extended warranty insurance, and purchase security insurance.

Cons

  • The annual fee is $129 p.a.

Learn all about

  • Q&As

What is the Bank of Sydney?

It’s a foreign-owned bank whose parent company is the Lebanon-based Bank of Beirut. It has been operating in Australia since 2001, and has 16 branches spread across Sydney, Melbourne and Adelaide.

Can anyone have a credit card from the Bank of Sydney?

Yes. Although the bank began life as an institution mainly serving the Lebanese and Greek communities in Australia, but extends its services to all Australians.

What kind of accounts and products does the Bank of Sydney offer?

They have a range of personal and business products and services.

  • Credit cards
  • Bank savings and transaction accounts
  • Term deposits
  • Home loans
  • Car loans in partnership with a finance broker
  • Foreign exchange services and foreign currency accounts
  • Business bank accounts, business loans and merchant services

Does the Bank of Sydney have branches and ATMs?

Yes, it has 16 branches located in Sydney, Melbourne and Adelaide. It doesn’t have its own ATMs, but account holders and cardholders can use RediATMs.

You can manage your accounts, including your credit card, via online banking and a mobile app.

Does the Bank of Sydney have online banking?

Yes.

Does the Bank of Sydney have a mobile app?

Yes.

As seen on

Media - The Sydney Morning Herald
Media - Yahoo Finance
Media - News.com.au
Media - Daily Mail Australia
Media - Australian Fintech
Media - Dynamic Business