Help us improve our website by completing a quick survey. Start survey now

About the SMSF Commonwealth Direct Investment Account


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
  • Access it in NetBank

Learn more

Rates and fees

  • 2.25% p.a. variable interest rate on balances over $10,000
  • No monthly account-keeping fees or withdrawal fees
  • Interest calculated daily

Learn more

What you'll need

  • To be 18 or over
  • Trust deed
  • DIY super fund’s tax file number or Australian Business Number
  • $10,000 minimum opening balance

Learn more

If you are planning to apply online you must:

  • Have no more than two individual trustees. If your trust has more than two trustees (or a corporate trustee), you must apply in a branch
  • Allow either trustee to operate on the account
  • Have your trust established in Australia
  • Have your Australian Business Number and trust details handy
  • Complete an in-branch ID check once the application is submitted

Shares and Trading with CommSec

CommSec offers a wide range of investment opportunities for SMSF investors, with online access to Australian and international share markets including Warrants and Exchange Traded Funds, Exchange Traded Options, managed funds, and access to Initial Public Offers (IPOs).  If you need help building or reviewing your SMSF investment portfolio, CommSec Advisory offers a portfolio construction or portfolio review service for a one-off fee.

CommSec has the tools and support to help you invest with confidence. To help you make informed investment decisions, you can access up-to-date market and economic news, research and insights from Morningstar, Commonwealth Bank and CommSec, and subscribe to alerts.

You can set up watchlists to monitor stocks of interest and also use CommSec charts to help research trades with more confidence. You can view and manage your SMSF portfolio from our website, mobile apps, or CommSecIRESS - our dynamic real-time trading platform for active traders.

You can easily settle all of your trades through your CommSec Trading Account with your SMSF Commonwealth Direct Investment Account, so you’ll get instant, real-time visibility of your trading transactions and you can take advantage of discounted brokerage from $19.95*.

Apply now

Related products

SMSF Term Deposit

SMSF Term Deposit

Provides a fixed return over a nominated term. Ideal for your SMSF’s medium- to long-term cash holdings.

Learn more
Essential Super

Essential Super

A straight forward  superannuation product which is easy to use and manage, with the convenience of viewing your account in NetBank alongside your other accounts.

Learn more
Lifestream Guaranteed Long Term Income

Lifestream Guaranteed Long Term Income

Lifestream Guaranteed Long Term Income is an immediate annuity providing a regular, guaranteed income for set terms.

Learn more

Important information

* To be eligible for discount brokerage you are required to trade online, be CHESS sponsored and have your SMSF Commonwealth Direct Investment Account (CDIA) linked for settlement.

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. As this advice has been prepared without considering your objectives, financial and taxation situation or needs, you should, before acting on this 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. Terms and conditions issued by Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (CBA) for the SMSF Commonwealth Direct Investment Account (Commonwealth Direct Investment Account) and Term Deposit are available from any branch or by calling 13 2221. Other fees may apply. Please read our Financial Services Guide (PDF 60KB). Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814 (CommSec) is a wholly owned, but non-guaranteed, subsidiary of the CBA. CommSec is a Participant of the ASX Group.