Skip to content
← Back to all products

CBA / Transaction & savings

Commonwealth Direct Investment Account

A cash management account for investors allowing you to trade and transact when and where it suits you.

Updated 9 Sept 2026Individually tailored product

Deposit rate type
Variable
Rate
0.65%
Calculation frequency
1 day
Application type
Periodic
Application frequency
1 month
Tiers
Name
Balance of less than $50,000.
Unit of measure
Dollar
Minimum value
$0.00
Maximum value
$49,999.00
Rate application method
Whole balance
Additional info
Commsec and Private Bank rates for balance less than $50,000.
Additional info uri
View bank information ↗
Deposit rate type
Variable
Rate
1.9%
Calculation frequency
1 day
Application type
Periodic
Application frequency
1 month
Tiers
Name
Balance of less than $50,000.
Unit of measure
Dollar
Minimum value
$0.00
Maximum value
$49,999.00
Rate application method
Whole balance
Additional info
Self-managed superfunds (SMSF) that elect the SMSF Commonwealth direct investment account option with a balance less than $50,000.
Additional info uri
View bank information ↗
Deposit rate type
Variable
Rate
1.4%
Calculation frequency
1 day
Application type
Periodic
Application frequency
1 month
Tiers
Name
Balance between $50,000 and $249,999.
Unit of measure
Dollar
Minimum value
$50,000.00
Maximum value
$249,999.00
Rate application method
Whole balance
Additional info
Commsec and Private Bank rates for balance $50,000 and $249,999.
Additional info uri
View bank information ↗
Deposit rate type
Variable
Rate
1.8%
Calculation frequency
1 day
Application type
Periodic
Application frequency
1 month
Tiers
Name
Balances between $250,000 and $999,999.
Unit of measure
Dollar
Minimum value
$250,000.00
Maximum value
$999,999.00
Rate application method
Whole balance
Additional info
CommSec and Private Bank rates for balance between $250,000 and $999,999.
Additional info uri
View bank information ↗
Deposit rate type
Variable
Rate
2.45%
Calculation frequency
1 day
Application type
Periodic
Application frequency
1 month
Tiers
Name
Balance above $1,000,000.
Unit of measure
Dollar
Minimum value
$1,000,000.00
Rate application method
Whole balance
Additional info
Commsec and Private Bank rates for balance above $1,000,000.
Additional info uri
View bank information ↗
Deposit rate type
Variable
Rate
2.75%
Calculation frequency
1 day
Application type
Periodic
Application frequency
1 month
Tiers
Name
Balances between $250,000 and $999,999.
Unit of measure
Dollar
Minimum value
$250,000.00
Maximum value
$999,999.00
Rate application method
Whole balance
Additional info
Self-managed superfunds (SMSF) that elect the SMSF Commonwealth direct investment account option with a balance between $250,000 and $999,999.
Additional info uri
View bank information ↗
Deposit rate type
Variable
Rate
2.75%
Calculation frequency
1 day
Application type
Periodic
Application frequency
1 month
Tiers
Name
Balance between $50,000 and $249,999.
Unit of measure
Dollar
Minimum value
$50,000.00
Maximum value
$249,999.00
Rate application method
Whole balance
Additional info
Self-managed superfunds (SMSF) that elect the SMSF Commonwealth direct investment account option with a balance between $50,000 and $249,999.
Additional info uri
View bank information ↗
Deposit rate type
Variable
Rate
2.75%
Calculation frequency
1 day
Application type
Periodic
Application frequency
1 month
Tiers
Name
Balance above $1,000,000.
Unit of measure
Dollar
Minimum value
$1,000,000.00
Rate application method
Whole balance
Additional info
Self-managed superfunds (SMSF) that elect the SMSF Commonwealth direct investment account option with a balance over $1,000,000.
Additional info uri
View bank information ↗

Lending rate type
Variable
Rate
14.9%
Calculation frequency
1 day
Application type
Periodic
Application frequency
1 month
Repayment type
Unconstrained
Loan purpose
Other
Additional info
The interest rate that applies to overdrawn amounts.
Additional info uri
View bank information ↗

Name
Access fee - Overseas ATMS
Fee type
Withdrawal
Fee method utype
fixedAmount
Fixed amount
Amount
$2.00
Currency
Aud
Additional info
When you take money out at ASB ATMs in New Zealand or CommBank ATMs outside Australia.
Additional info uri
View bank information ↗
Name
Access fee - Overseas cash withdrawals
Fee type
Withdrawal
Fee method utype
fixedAmount
Fixed amount
Amount
$5.00
Currency
Aud
Additional info
Any other cash withdrawal overseas will incur a fee of $5.00 plus 3.5% of transaction value.
Additional info uri
View bank information ↗
Name
Access fee - Overseas cash withdrawals
Fee type
Withdrawal
Fee method utype
rateBased
Rate based
Rate type
Transaction
Rate
3.5%
Currency
Aud
Additional info
Any other cash withdrawal overseas will incur a fee of $5.00 plus 3.5% of transaction value.
Additional info uri
View bank information ↗
Name
Access fee - Overseas purchases
Fee type
Purchase
Fee method utype
rateBased
Rate based
Rate type
Transaction
Rate
3.5%
Currency
Aud
Additional info
Purchases made overseas or in Australia (e.g. online), where the merchant is located overseas or the financial institution or entity processing the transaction is located overseas.
Additional info uri
View bank information ↗
Name
Assisted withdrawal fees
Fee type
Withdrawal
Fee method utype
fixedAmount
Fixed amount
Amount
$0.00
Currency
Aud
Additional info
There is no charge when you take money out at a CommBank branch, a post office, agency, with telephone banking if using an operator or by cashing a cheque.
Additional info uri
View bank information ↗
Name
CBA ATM cash withdrawals in Australia
Fee type
Withdrawal
Fee method utype
fixedAmount
Fixed amount
Amount
$0.00
Currency
Aud
Additional info
Free
Name
Cheques negotiated fee
Fee type
Event
Fee method utype
fixedAmount
Fixed amount
Amount
$3.00
Currency
Aud
Additional info
When you write a cheque that needs to be negotiated through the clearing system.
Additional info uri
View bank information ↗
Name
Overdraw fee
Fee type
Event
Fee method utype
fixedAmount
Fixed amount
Amount
$15.00
Fee cap
5.00
Fee cap period
1 month
Currency
Aud
Additional info
A fee charged when you exceed the available funds in your account or any agreed overdraft limit on a given day. This is charged once per account per day, irrespective of the number of overdrawing transactions that day.
Additional info uri
View bank information ↗
Name
Paper statement fee
Fee type
Event
Fee method utype
fixedAmount
Fixed amount
Amount
$2.50
Currency
Aud
Additional info
A fee charged where you ask us to give you an additional account statement outside the standard cycle.
Additional info uri
View bank information ↗
Name
Stamp duty on Norfolk Island cheques
Fee type
Event
Fee method utype
fixedAmount
Fixed amount
Amount
$0.20
Currency
Aud
Additional info
A fee on cheques issued on Norfolk Island.
Additional info uri
View bank information ↗
Name
Stop payment fee
Fee type
Event
Fee method utype
fixedAmount
Fixed amount
Amount
$15.00
Currency
Aud
Additional info
When you ask us to stop payment on a cheque.
Additional info uri
View bank information ↗
Name
Transaction listing or ad-hoc paper statement fee
Fee type
Event
Fee method utype
fixedAmount
Fixed amount
Amount
$2.50
Currency
Aud
Additional info
Issue of paper copy of transaction listing, past statements or ordered statements.
Additional info uri
View bank information ↗
Name
Unpaid cheque or debit fee
Fee type
Dishonour
Fee method utype
fixedAmount
Fixed amount
Amount
$5.00
Fee cap
5.00
Fee cap period
1 month
Currency
Aud
Additional info
When we dishonour a cheque or debit presented to us because there isn't enough money in your account. We may waive certain fees or charges at our discretion. The failure by us to charge any fee or charge does not constitute a waiver of that fee or charge in the future.
Additional info uri
View bank information ↗

Feature type
Additional cards
Additional value
4
Additional info
We may limit the number of cards that may be issued or linked to a single account or customer profile.
Feature type
Card access
Additional value
Debit Mastercard
Additional info
Use instore, online and withdraw local currency at locations, everywhere Mastercard is accepted. Choose a Debit Mastercard with your CommBank account and pay for things using your card, smartphone or wearable. You may receive access to other features and benefits associated with your Debit Mastercard subject to terms and conditions.
Additional info uri
View bank information ↗
Feature type
Npp enabled
Additional info uri
View bank information ↗
Feature type
Npp payid
Additional info uri
View bank information ↗
Feature type
Other
Additional info
Link your CDIA to eligible CommSec and CommBank investment products to enjoy the convenience of settling trades with ease and access lower brokerage with CommSec. Subject to terms and eligibility criteria.
Additional info uri
View bank information ↗
Feature type
Other
Additional info
Maintain easy access to funds and receive discounted brokerage with CommSec.
Additional info uri
View bank information ↗
Feature type
Other
Additional info
Trade and transact, anywhere, anytime, with full access to your funds.
Additional info uri
View bank information ↗
Feature type
Other
Additional info
Wherever you are in the world, CommBank gives you the choice and control to securely manage all of your accounts on a range of devices, the way you want.
Additional info uri
View bank information ↗
Feature type
Unlimited txns
Additional info uri
View bank information ↗

Eligibility type
Min age
Additional value
18
Additional info
You can apply if you are 18 years and over (except where accounts are held in trust for a minor).
Additional info uri
View bank information ↗
Eligibility type
Other
Additional info
You can apply if you are opening the account in a personal, joint, company, SMSF or trust name.
Additional info uri
View bank information ↗
Eligibility type
Other
Additional info
You must be an Australian registered or incorporated company; Australian Trust or Self-Managed Super Fund (SMSF).
Additional info uri
View bank information ↗
Eligibility type
Other
Additional info
You must have an Australian residential address.
Additional info uri
View bank information ↗

Constraint type
Max limit
Additional value
2000.00
Additional info
There is a $2,000 limit on the amount of cash you can take out each day using a Debit MasterCard at an ATM or in store at an EFTPOS terminal. The daily limit is the total you can take out from all accounts linked to your card.
Additional info uri
View bank information ↗

No bundles were provided.