This study examined (1) the potential influence of oral language characteristics of two languages that bilingual children acquire on their PA and (2) the relationship of PA in L1 with PA and literacy skills in L2, using data from Korean-English bilingual children. Thirty three Korean-English bilingual children, composed of two subsamples from two different locations/bilingual programs, participated in the study. The findings showed that the sample of bilingual children from two bilingual programs differed in their mean performances on intrasyllabic phonological awareness in Korean (i.e., rime awareness and body awareness). Furthermore, children's Korean rime awareness, but not body awareness, was positively related to their phonological awareness and literacy skills in English. Finally, these children's phonological awareness in Korean made a positive contribution to English decoding skills even after controlling for their English sight word reading skills. The results are discussed in light of interlingual influence on bilingual children's phonological awareness.