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About the Commonwealth Direct Investment Account


  • Full access to your funds when you need them – from ATMs, NetBank, EFTPOS, telephone banking or any branch
  • Apply for an optional cheque book for added convenience
  • Interest calculated daily and credited monthly.


How to apply

  • A minimum opening balance of $10,000
  • An Australian residential address
  • Tax File Number (TFN) or TFN Exemption. You do not have to provide your TFN to open the account, but if you don't CommBank is legally required to deduct tax from any interest earned on the account above a certain threshold

  • Existing CommBank deposit account number/s
  • Existing CommBank debit/credit account number/s
  • NetBank Client Number (if you're a NetBank customer)

You can apply if:
  • You are 18 years or over
  • You are opening the account in personal names (maximum of two applicants for joint accounts) and the account is for personal use
  • You are opening the account for funds held in trust

If you wish to open a personal or trust account, please apply at any branch.

If you have any questions call 13 2221 anytime.

Rates and fees

  • There are different rate and fee options you can select for your CDIA
  • To find out more, click here


A SMSF Commonwealth Direct Investment Account acts as the transactional hub for your super fund and a home for your cash between investments. With this account you can:

  • Manage all your fund’s movements in the one place
  • Instantly review transactions
  • Earn a competitive rate of interest

Learn more

Related products



Reach your savings goals faster thanks to a variable bonus rate.

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NetBank Saver

NetBank Saver

An online savings account that links to your CommBank transaction account and provides instant access to your money whenever you need it.

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Term Deposits

Term Deposits

Enjoy a fixed rate of return for the nominated term, so you know exactly what your investment's worth.

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Important information

1Rates are effective as at 19 August 2016, but subject to change. Higher interest rates may apply for Commonwealth Direct Investment Accounts opened through CommSec and SMSF CDIA. Please refer to the CommSec website for further information.

The advice on this website has been prepared without considering your objectives, financial situation or needs. Because of that, you should, before acting on the advice, consider its appropriateness to your circumstances. Please view our Financial Services Guide (PDF 68KB). Full terms and conditions for the transaction and savings accounts mentioned and Electronic Banking are available here or from any branch of the Commonwealth Bank.