Features & benefits

  • Earn tiered interest

    Earn 0.60%1p.a. on balances over $10,000 with our SMSF cash account – Commonwealth Direct Investment Account (CDIA).

  • Seamless share trading

    Our SMSF CDIA works seamlessly with CommSec, Australia’s leading online share trading broker2. A single log on lets you go between NetBank and CommSec with ease. 

  • Discounted brokerage

    Trade shares with CommSec and settle directly through your SMSF CDIA and you’ll get discounted brokerage – as low as $10 per trade2.

  • Easy access

    Access your account anytime online with NetBank and the CommBank app plus transfer money instantly between CommBank accounts.

  • No account or withdrawal fees

    With no monthly account or withdrawal fees, there's no need to worry about how many transactions you make3.

Rates & fees

See our latest SMSF CDIA rates

There are no monthly account or withdrawal fees.  Other fees may apply.

Access fees may apply when using overseas or non-CommBank networks domestically. And all transactions involving currency conversion will incur fees.

People at a table with a laptop

How to apply

  • Don’t have a CommSec Share Trading Account?

    Open a CommSec Share Trading Account and a CDIA together to settle your trades directly and enjoy discounted brokerage.

    Open online now

  • Already have a CommSec Share Trading Account?

    Open a CDIA in CommSec. Login to CommSec below and follow the prompts to add a CDIA to your list of accounts.

    Login to apply

  • Only want an SMSF cash account?

    Visit your nearest branch with all individual trustees or directors of the company trustee for the SMSF.

Have this information handy to apply

    • Your SMSF name and Australian Business Number (ABN)
    • Your company name, business address and Australian Company Number (ACN) if you have a company trustee
    • The full names and contact details for trustees or directors
    • Your personal ID e.g. Australian driver's licence or passport if you’re new to CommBank or don’t have a NetBank ID

Things you should know

  • For balances of $10,000 or more the variable interest rate applies to the full balance in the account. Interest calculated daily at a variable rate.

    2 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.

    3 Access fees may apply when using networks’ overseas or non CommBank networks’ domestically or any transactions involving currency conversion.

    The target market for this product can be found within the product’s Target Market Determination, available at commbank.com.au/tmd.

    CommBank’s SMSF cash account, the SMSF Commonwealth Direct Investment Account (CDIA) 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 (PDF). Full terms and conditions for CDIA are available here or from any branch of the Commonwealth Bank. Other fees may apply.

    The information contained may include general advice but does not take into account the investment objectives, financial situation and needs of any particular individual or trustee of a self-managed super fund. You should assess with the help of legal, financial and taxation advice, whether the information is appropriate in light of your own circumstances before acting on it.