Help & support
Simply choose a notice period that suits your investment plans. You'll need a CDIA to apply.
Put your SMSF cash to work with a competitive variable interest rate of up to
Depending on your investment strategy, CommSec Notice Investor (CNI) could help diversify your SMSF portfolio with its notice-based liquidity and high interest.
Exclusive rates of up to 4.50% p.a. for SMSFs.^
There are no minimum or maximum balances or account-keeping fees2, meaning you can maximise your earnings effortlessly.
Grow your money for as long as you choose to with a choice of either a 2 or 7 day notice period when you open your account.
A notice period is the amount of time required to wait before you can withdraw some or all of the money from your CNI account. The longer the notice period, the higher the interest rate.
When opening a CNI account, you will need to choose either a 2 or 7 day notice period. Once you have opened your account, the notice period can't be changed. However, you will be able to open multiple CNI accounts if this is consistent with your SMSF investment strategy.
There is no limit to how long you can leave your money in your CNI account.
Interest rates are subject to eligibility and differ for other entity types - refer to CommSec Notice Investor Interest Rates for applicable rates.
There are different interest rates when the funds are on hold, on notice, or at call. Once you open a CNI account, the notice period can't be changed - however, you can open multiple accounts with either notice period, and leave your funds in your account for as long as you choose.
This means your funds are sitting in your CNI account for as long as you choose to leave them there. There are no minimum or maximum balances.
This means you've initiated a withdrawal, and these funds are now waiting out your chosen notice period (either 2 or 7 days).
This means your funds are ready to be transferred into your SMSF cash management account - CDIA.
Put your money to work in six steps:
Opening and managing your SMSF CNI account is free2, and there are no ongoing account-keeping fees, or minimum and maximum balances.
Opening a linked CNI account for your SMSF is simple. Log in to CommSec below and follow the prompts.
What you'll need to sign up:
You'll first need to open a CDIA (cash management account) for your SMSF. Have this information handy to apply:
All customers are required to have a CDIA before they open a Notice Investor. Once your funds have waited out their notice period, you will need to transfer them from your Notice Investor to your CDIA to use them.
No, a Notice Investor cannot be used to settle trades. The funds in your Notice Investor will need to be transferred to your CDIA before they can be used to place a trade and complete settlement.
Yes, you can open multiple Notice Investors. As you will need to choose either a 2 or 7 day notice period when you open an account, you can open one (or more) with each notice period option.
You can transfer funds into your Notice Investor from most account types, excluding your International Wallet and physical cash.
Using the CommBank app (existing CommBank customers):
Using another financial institution:
While you can fund your Notice Investor with most account types, you can only withdraw to your CDIA.
If funding a Notice Investor in your SMSF’s name from a personal account, you should seek guidance from your SMSF professional first, as this may have taxation and compliance implications.
Yes. You can access your Notice Investor and make transactions in NetBank and the CommBank app. Once you have logged in using your NetBank ID, you can also switch to CommSec and navigate easily between both sites.
You can view your SMSF’s CNI and SMSF Portfolio in the CommBank app by selecting ‘View all features’ on the home screen and selecting 'SMSF portfolio' under 'Invest your money'.
No, there’s no minimum or maximum balance requirement for a Notice Investor opened through CommSec.
When applying for a Notice Investor account for an SMSF, you can provide your TFN, ABN or a valid tax exemption as part of the application process.
If you didn't provide these details during your application or need to update them later, you can add or update your TFN, ABN or exemption after your account has been opened. Refer to How to add your Tax File Number (TFN) for more information.
If your account does not have a valid TFN, ABN or exemption, withholding tax may be applied to any interest earned on your account(s).
Using the CommBank app
Go to 'Accounts' and select your CNI
Select 'Manage'
Select 'View and submit notices'
Select 'Create a notice'
Enter the amount you wish to place on notice, the at call date and click 'Submit'
Once the notice period is complete, you can transfer your at call balance from your CNI to your CDIA.
Using NetBank
Log in into NetBank
Go to 'View accounts' and select your CNI
Select 'Notices'
Select 'Go to Notices'
Select 'Create a notice'
Enter the amount you wish to place on notice, the at call date and click 'Submit'.
Once the notice period is complete, you can transfer your at call balance from your CNI to your CDIA.
^Interest rates are subject to change. Only available for accounts set up as a Self-Managed Super Fund (SMSF) where customers have applied through CommSec, or as agreed with a Private Banker at the time of account opening or upon your request. Customers with a pending SMSF CNI application submitted prior to 22 April 2026 may not receive SMSF pricing. If you believe you are eligible you may contact CommSec to request a switch.
2 Fees are based on the costs involved with opening and operating a CommSec Notice Investor. This figure is not inclusive of CommSec’s other rates and fees, including brokerage fees. See our rates and fees for more information.
3 You don’t have to provide your TFN to open the account, but if you don’t CommBank and CommSec are legally required to deduct tax from any interest earned on the account above a certain threshold.
The CommSec Notice Investor and Commonwealth Direct Investment Account are issued by Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945. These products are administered by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814 (CommSec), a wholly owned but non-guaranteed subsidiary of the Commonwealth Bank of Australia. CommSec is a Market Participant of ASX Limited and Cboe Australia Pty Limited, a Clearing Participant of ASX Clear Pty Limited and a Settlement Participant of ASX Settlement Pty Limited.
The target markets for the CommSec Notice Investor and Commonwealth Direct Investment Account can be found within the product’s Target Market Determination, available at www.commbank.com.au/tmd.
You can view the CommSec Notice Investor Terms and Conditions and Financial Services Guide on the CommBank website, and should consider them before making any decision about these products and services.
You can view the Commonwealth Direct Investment Account Terms and Conditions and Financial Services Guide on the CommBank website, and should consider them before making any decision about these products and services.
The information has been prepared without taking into account your objectives, tax and financial situation or needs. For this reason, any individual should, before acting on this information, consider the appropriateness of the information, having regards to their objectives, tax and financial situation or needs, and, if necessary, seek appropriate professional advice.
CommSec accepts no responsibility for any connectivity delays, errors or disruptions caused by your phone service provider that may affect the performance of the CommSec mobile applications. CommSec accepts no responsibility for any fees that your phone service provider charges, such as fees for SMS, data services, or any other fees that your phone service provider may charge.
