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.
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.
^ For balances of $10,000 or more the variable interest rate applies to the full balance in the account. 0.01% p.a will apply on balances below $10,000.