SMSF Commonwealth Direct Investment Account - CommBank

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Why our SMSF CDIA will suit you

Easy access

Easy access

Access your account anytime from anywhere. Through online banking with NetBank you can keep track of your cash account on all your devices.

Seamlessly linked trading on CommSec

Seamlessly linked trading on CommSec

An SMSF CDIA is the preferred cash account for trading through Australia’s leading online broker CommSec*.

It’s easy to get started online

It’s easy to get started online

If you have up to two trustees and are not currently banking with us, you can open an account online in under 15 minutes. If you have more than two trustees or are an existing CommBank  customer with a NetBank account, just visit your nearest branch and they will set up your account.

The benefits of an SMSF CDIA

All your funds in one place

All your funds in one place

With all of your SMSF investments linked you can easily manage your fund’s cash movements from the one hub.

Instant account updates

Instant account updates

Instantly transfer funds seamlessly between CommBank accounts through your online banking with NetBank.

No account or withdrawal fees

No account or withdrawal fees

No monthly account or withdrawal fees, so no need to worry about how many transactions you make (access fees may apply).

Discount rates

Discount rates

Settle your share trades directly through your SMSF CDIA and benefit from brokerage as low as $19.95 per trade* when trading through CommSec and MyWealth.

24/7 banking

24/7 banking

Banking the way you want 24/7 via NetBank, the CommBank app, CommBiz, ATM and phone banking.

Earn competitive interest

Earn competitive interest

Interest calculated daily at a variable rate of 2.00% p.a. on balances over $10,000.

How to apply?

SMSF Term Deposit

Both your trustees are individuals. You can apply online now.

What you need

or

Already a customer banking online with us?

Save time by using your NetBank details.

Open in NetBank

New customer or don’t bank online with us?

Open now

or

Essential Super

A trustee has a name ending with ‘Pty. Ltd.’. You can apply online now.

What you need

or

Already a customer banking online with us?

Save time by using your NetBank details.

Open in NetBank

New customer or don’t bank online with us?

Open now

or

Lifestream Guaranteed Long Term Income

If your SMSF has three or four trustees or directors, visit your nearest branch.

What you need

Rates & fees

There are no monthly account or withdrawal fees (access fees may apply).

Interest is calculated daily at a variable rate of 2.00% p.a. on balances over $10,000.

A wide range of services at your fingertips

Your balance is automatically recognised when you place a buy order on CommSec, which means you can place orders immediately.

CommBank provides you a range of investment options, products and services to meet your SMSF’s needs and make the most of your retirement. 

See all the latest industry news and read up on guides on how to make the most of your SMSF.

or

Already a customer banking online with us?

Save time by using your NetBank details.

Open in NetBank

New customer or don’t bank online with us?

Open now

or

Things to know before you Can:

The SMSF Commonwealth Direct Investment Account is a bank account designed for use in conjunction with a Self Managed Super Fund. It is not a superannuation product in its own right. The advice on this website has been prepared without considering your objectives, financial and taxation situation or needs. Because of that, you should, before acting on the advice, consider its appropriateness to your circumstances and consider seeking professional advice relevant to your individual needs before making a decision based on this information. Please view our Financial Services Guide (PDF68KB). Full terms and conditions for CDIA are available here or from any branch of the Commonwealth Bank. Other fees may apply.

* To be eligible for discount brokerage you are required to trade online, be CHESS sponsored and have your SMSF CDIA linked for settlement. Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814 (CommSec) is a wholly owned but non-guaranteed subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945, and a participant of the ASX Group and Chi-X Australia. Commonwealth Bank of Australia and its subsidiaries do not guarantee the obligations or performance of Commonwealth Securities Limited or the products or services it offers.

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