Seamlessly settle and transfer shares
Settle your trades directly through your CDIA and seamlessly transfer and transact. Plus, opt in to automatically receive your dividend payments into your CDIA1 with our free dividend direction service.
Manage your cash with ease
Seamlessly access your funds and settle your trades with a Commonwealth Direct Investment Account (CDIA).
Seamlessly settle and transfer shares
Access your cash anytime, anywhere
Access the cash in your CDIA through a CBA branch, telephone or internet banking.
No hidden costs
There are no minimum or maximum balances or account-keeping fees, meaning you can keep all your money, all in one place.
Benefits with CommBank Yello
If you’re a CommBank Yello customer, you could receive exclusive offers when you maintain an eligible balance each month in your CDIA, and/or invest in Australian shares with CommSec. Visit CommBank Yello to see if you qualify.
Here's how it works
With a CDIA, you can:
- Access your account online through NetBank and CommSec, or via the CommSec app.
- Transfer funds from your CDIA to a CommSec Notice Investor to earn a higher variable interest rate.
- The funds held in your CDIA could earn tiered interest, calculated daily and paid monthly.
- Access your cash from any CBA branch, ATM, or via phone and internet banking.
- Settle your trades automatically through your CDIA.
- Manage your Self-Managed Super Fund (SMSF) through your CDIA.
Take your cash further
Terms and conditions apply2.
Boost your savings with CommSec Notice Investor. A high-interest savings account with a withdrawal notice period.
Invest anytime, anywhere
Everything you need, all in the palm of your hand - monitor the markets, manage your CDIA, and invest in Aussie and international stocks.
Download the app
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New to CommSec? Get up to 30 trades, brokerage-free
Terms and conditions apply.
When you fund your CDIA with $5,000. Limited time offer.
Our rates and fees
Opening a CommSec account is free and there are no ongoing account-keeping fees.
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Balance |
CommSec Classic3 |
Private Bank4 |
SMSF5 |
CommSec Standard6 |
|
$1,000,000 or more |
1.75% p.a. |
1.75% p.a. |
2.00% p.a. |
0.75% p.a. |
|
$250,000 - $999,999 |
1.15% p.a. |
1.15% p.a. |
2.00% p.a. |
0.75% p.a. |
|
$50,000 - $249,999 |
0.75% p.a. |
0.75% p.a. |
2.00% p.a. |
0.25% p.a. |
|
Less than $50,000 |
0.10% p.a. |
0.10% p.a. |
0.10% p.a. |
0.00% p.a. |
Signing up is easy
Here’s what you need to get started.
✔ Your personal details
You’ll need your full name, residential and postal address to verify your identity.
✔ Your contact details
You’ll need your mobile number and email address to receive notifications and application updates.
✔ Your tax residency details
You’ll need to supply your tax residency details7 to complete your account application.
✔ A valid photo ID
You’ll need a valid Australian Drivers Licence or Passport to verify your details.
Start investing in minutes. Sign up for instant access to our full range of trading tools, news and stock data.
Your questions, answered
Find the answers to your questions about investing with CommSec.
To transfer funds into your CDIA, you can:
Transfer from your linked Commonwealth Bank accounts
You can transfer funds from your linked accounts to your CDIA in real-time using NetBank. Your linked Commonwealth Bank accounts are those you can see on the NetBank home page.
For security reasons we may place a hold on funds transferred to or from your account:
- For 24 hours, or
- In some circumstances, where the transaction takes place after 7:30pm (Sydney/Melbourne time), until the day after the following day, or
- For as long as we reasonably need to investigate the transaction.
To transfer funds to your CDIA:
- Log into NetBank. If you are entering NetBank through the CommSec website, you can simply switch into NetBank by selecting NetBank from the single sign-on toggle in the top-left corner of your screen.
- Go to the ‘Transfers & BPAY’ tab.
- Click on the From account drop-down menu and select the account with the funds you wish to transfer.
- In the To account drop-down menu, select your CDIA.
- Enter the amount you wish to transfer and an optional description, then click Next.
- On the confirmation screen, review your transfer details. If they are correct, click Transfer to complete the transfer to your CDIA. Your funds will be available in your CDIA immediately
From unlinked accounts
If you wish to transfer funds from someone else’s account, or transfer from your account at another financial institution, you will require your CDIA details including BSB and account number.
You can locate your CDIA details by logging into the CommSec website and navigating to the Portfolio tab. Your CDIA details can also be found on your NetBank home page.
Commonwealth Bank ATM
You can transfer funds between your linked accounts by using any Commonwealth Bank ATM., You can also deposit cash and cheques directly to your CDIA at selected ATMs. Find the Commonwealth Bank ATM nearest you.
Commonwealth Bank branch
You can deposit cash and cheques into your CDIA by visiting your nearest Commonwealth Bank branch. Find the branch closest to you.
- Log into NetBank. If you are logged into the CommSec website, switch into NetBank by selecting 'NetBank' from the tab in the top-left corner of your screen.
- Go to the ‘Transfers & BPAY’ tab.
- In the From account drop-down menu, select your CDIA.
- Under the To account, use the drop-down menu to select an account which is already in your NetBank address book. To transfer to an account which is not in your address book, select Pay new account and enter the account details.
- Enter the amount you wish to transfer and an optional description, then click Next.
- If you are paying to an account which is not in your address book, you will need to generate a NetCode SMS for additional security. Select Get NetCode SMS and you will receive an SMS to your mobile phone. To continue, enter the NetCode that is sent to your phone.
- On the confirmation screen, review your transfer details. If they are correct, click Transfer to complete the transaction.
You can access your CDIA and make transactions in NetBank. Once you have logged in using your NetBank ID, you can also switch to CommSec and navigate easily between both sites. This means you can take advantage of investment opportunities as they arise and access your cash instantly to settle trades.
There are no account-keeping or electronic transaction fees for CDIA. Online transfers, direct debits and withdrawals from Commonwealth Bank ATMs within Australia are also free.
For a complete list of potential fees and charges that may apply, please read the Transaction, Savings and Investment Accounts Terms and Conditions and the CBA Financial Services Guide. Rates and fees are subject to change.
Help when it matters
Find the support you need, when you need it.
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Send us your question Fill in our online form and hear from one of our experts within two business days |
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Call us 13 15 19 for calls within Australia |
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Reach out to us on X Tag @CommSec in your question on X |
1. There may be instances where some share registries do not reciprocate on this service
2. You can view the CommSec Notice Investor Terms and Conditions and Financial Services Guide on the CommSec website, and should consider them before making any decision about these products and services.
3. Only available where i) CDIA is originated through CommSec and linked to a CommSec Share Trading Account, or have requested to switch to this price option; and ii) the Linked CommSec Share Trading Account is not suspended.
4. Only available for accounts opened by Private Bank or as agreed upon with a Private Banker. Customers may request to switch to another eligible price option through their Private Banker.
5. Only available for self-managed super funds (SMSFs) at account opening or if you have requested to switch to this price option for an eligible account type.
6. Interest rates for existing account holders only - no longer available for sale.
7. You don’t have to provide your TFN to open the account, but if you don’t, CommBank and CommSec are legally required to deduct tax from any interest earned on the account above a certain threshold.
The target market for this product can be found within the product’s Target Market Determination, available here.
The Commonwealth Direct Investment Account is issued by Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945. This product is administered by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of the Commonwealth Bank of Australia. You can view the CommBank Transaction Savings and Investment Account Terms and Conditions, Best Execution Statement and Financial Services Guide, and should consider them before making any decision about these products and services.
CommSec accepts no responsibility for any connectivity delays, errors or disruptions caused by your phone service provider that may affect the performance of the CommSec mobile applications. CommSec accepts no responsibility for any fees that your phone service provider charges, such as fees for SMS, data services, or any other fees that your phone service provider may charge. Mobile App Terms of Service apply.