Rates & Fees

For a full list of fees and charges, please refer to our Financial Services Guide

Australian Shares

Trade execution	Brokerage fee amount by transaction value^1,2,3,4
Trade online (via website, mobile apps or other platforms) and settle your trade to a CDIA⁵ or CommSec Margin Loan⁵	$5.00 (Up to and including $1,000) $10.00 (Over $1,000 up to $3,000 (inclusive)) $19.95 (Over $3,000 up to $10,000 (inclusive)) $29.95 (Over $10,000 up to $25,000 (inclusive)) 0.12% (Over $25,000)
Trade online (via website, mobile apps or other platforms) and settle into a bank account of your choice..	$29.95 (Up to and including $9,999.99) 0.31% ($10,000 and above)
Trades over the phone and deceased estates⁶	$59.95 (Up to and including $10,000) 0.52% (Over $10,000 up to $25,000 (inclusive)) 0.49% (Over $25,000 up to $1,000,000 (inclusive)) 0.11% (Over $1,000,000)
Trades requiring settlement through a third party⁶	$99.95 (Up to and including $15,000) 0.66% (Over $15,000)
¹Different brokerage rates apply to CommSec Pocket trades executed through CommSec Pocket App or CommBank App. ²Alternative brokerage rates may be agreed from time to time and (if agreed to) will be payable under clause 22 of CommSec's Share Trading Terms and Conditions. If you are offered, and agree to a tiered brokerage rate, this may result in brokerage charges that differ from rates expressly disclosed within the CommSec FSG. ³Unless otherwise indicated, where a fee or charge is expressed as a percentage, it refers to a percentage of the transaction value. For GST rounding reasons, the final brokerage fee may result in a slight variance from the stated or expected charge, which may exceed two cents for large trades. ⁴Brokerage charged (shares, warrants, listed managed investments and derivatives): Brokerage at these rates applies each time you trade a stock, warrant, listed managed investment or derivative. ⁵To be eligible, you must trade online, be CHESS Participant Sponsored with CommSec and settle your trades through either a Commonwealth Direct Investment Account (CDIA) or a CommSec Margin Loan. ⁶Includes CommSec Margin Lending and Geared Investments Lending Trades and where the Commonwealth Bank exercises its rights under the loan terms and conditions.

CommSec Pocket

Trade execution	Brokerage fee amount by transaction value^1,2
Trade through Pocket App or CommBank App	$2.00 (up to and including $1,000) 0.20% (Over $1,000)
Late settlement fee	$10.00

¹ If additional services are required through the CommSec website or over the phone then fees will be as outlined in the CommSec FSG.

² Unless otherwise indicated, where a fee or charge is expressed as a percentage, it refers to a percentage of the transaction value. For GST rounding reasons, the final brokerage fee may result in a slight variance from the stated or expected charge, which may exceed two cents for large trades.

International Shares

Markets	International Shares account (whichever amount is greater)	International Shares Plus account (whichever amount is greater)
United States	USD$5.00 or 0.12%	USD$9.95 or 0.20%
Canada	CAD$40.00 or 0.40%	CAD$50.00 or 0.50%
France, Germany, Italy, Netherlands	EUR€12.00 or 0.40%	EUR€20.00 or 0.50%
Hong Kong	HKD$130.00 or 0.40%	HKD$200.00 or 0.50%
Japan	JPY¥1,500 or 0.40%	JPY¥2,500 or 0.50%
Norway	NOK175.00 or 0.40%	NOK250.00 or 0.50%
Singapore	SGD$25.00 or 0.40%	SGD$35.00 or 0.50%
Sweden	SEK155.00 or 0.40%	SEK225.00 or 0.50%
Switzerland	CHF₣17.00 or 0.40%	CHF₣25.00 or 0.50%
United Kingdom	GBP£12.00 or 0.40%	GBP£20.00 or 0.50%
¹Alternative fees or rates may be agreed from time to time and (if agreed to) will be payable under the “Fees” section of the CommSec International Shares Terms and Conditions. ²Taxes and fees are put through from our International Custodian at cost. ³Brokerage in US and Canadian markets are inclusive of SEC Transaction fees and FINRA Trading Activity fees. ⁴For all orders that are not fully executed in the same trading day, you will be charged at least the minimum brokerage fee each day an order remains in the market and partially executes (you will not be charged if there are no units executed). ⁵Where an amendment is made to a partially executed order, the existing order is cancelled, and a new order placed for which brokerage will be charged independently as a new order upon execution.

Third-Party Fees^{2, 6}

Fee Type	Put through at cost
Taxes, Stamp Duty, International Securities Transfer & Third-Party Fees	Put through at cost
²Taxes and fees are put through from our International Custodian at cost. ⁶CommSec reserves the right to pass through to your account any additional charges, or changes to existing charges, that CommSec may incur as a result of changes in industry practices or through the course of normal business operations. This may include costs incurred from holding negative interest-bearing currencies.

Fee Type

Put through at cost

Taxes, Stamp Duty, International Securities Transfer & Third-Party Fees 

Put through at cost

²Taxes and fees are put through from our International Custodian at cost.

⁶CommSec reserves the right to pass through to your account any additional charges, or changes to existing charges, that CommSec may incur as a result of changes in industry practices or through the course of normal business operations. This may include costs incurred from holding negative interest-bearing currencies.

Foreign Exchange^{7, 8}

Fee Type	Amount
Foreign Exchange fee	0.55%
⁷The foreign exchange fee is charged per currency conversion. Currency conversions are automatically performed for each trade unless the Plus feature enabling the foreign currency wallet has been activated and there are sufficient funds in the local currency to settle the trade. ⁸For currency pairs that cannot be directly converted, an intermediate conversion to USD or another eligible currency will be necessary to facilitate the currency conversion. You will be charged foreign exchange fees for each leg, which is each individual currency conversion necessary to obtain the required currency pair conversion.

Fee Type

Amount

Foreign Exchange fee

0.55%

⁷The foreign exchange fee is charged per currency conversion. Currency conversions are automatically performed for each trade unless the Plus feature enabling the foreign currency wallet has been activated and there are sufficient funds in the local currency to settle the trade.

⁸For currency pairs that cannot be directly converted, an intermediate conversion to USD or another eligible currency will be necessary to facilitate the currency conversion. You will be charged foreign exchange fees for each leg, which is each individual currency conversion necessary to obtain the required currency pair conversion.

Other Fees^1,6

Fee Type	Amount
Inactivity Fee	AUD $0.00
Custody Fee	AUD $0.00
Real-time Market Data	AUD $0.00
Delayed Market Data (approx. 20 min)	AUD $0.00
Live Market Data Snapshot⁹	USD $0.01 for US Equity quotes USD $0.03 for all other product quotes Complimentary USD $1 of quotes are included per month.
U.S Tax form Fee	AUD $0.00
Funds Transfer Rejection Fee	AUD $0.00
Instant Buying Power¹⁰	AUD $0.00
Instant Funding (deposit/withdrawal)	AUD $0.00
U.S. Transfers IN/OUT (ACATS only)¹¹	AUD $0.00
¹Alternative fees or rates may be agreed from time to time and (if agreed to) will be payable under the “Fees” section of the CommSec International Shares Terms and Conditions. ⁶CommSec reserves the right to pass through to your account any additional charges, or changes to existing charges, that CommSec may incur as a result of changes in industry practices or through the course of normal business operations. This may include costs incurred from holding negative interest-bearing currencies. ⁹Live Market Data Snapshots can be requested and will be charged, after $1.00 USD usage is reached (complimentary $1.00 USD). Fees are assessed and charged in arears on a monthly basis, generally in the first week after the month in which Live Market Data Snapshot services were provided. ¹⁰Instant Buying Power allows you to trade International Securities with funds from executed International Securities sell orders prior to trade settlement. ¹¹We only support electronic broker-to-broker transfers of International Securities. Your other broker, or their transfer agent, may independently charge you a fee for transfers.

Margin Lending

Margin Lending Interest Rates effective from 17 November 2023

	Paid Yearly in Advance	Paid Monthly in Arrears
Variable Rate	N/A	9.65% p.a.
1 Year Fixed Rate	8.49% p.a.	8.54% p.a.
2 Year Fixed Rate	8.64% p.a.	8.69% p.a.
3 Year Fixed Rate	8.74% p.a.	8.79% p.a.
5 Year Fixed Rate	8.99% p.a.	9.04% p.a.
Interest Rates are subject to change without notice. All rates are indicative only. Other fixed terms & firm rates available on application. Margin Loans and ETOs involve risk - see the Margin Loan and ETO Risk Disclosure, Disclaimer and Important Information. For a complete list of potential fees and charges that may apply to your account, please visit the Rates and Fees section of the CommSec website here. Fees and charges are subject to change without notice.

Brokerage Rates

Trade Execution	Brokerage fee by transaction value¹	Above minimum by transaction value (flat)¹
Trade online	$5.00 (up to and including $1,000)	$10.00 (Over $1,000 up to $3,000 (inclusive)) $19.95 (Over $3,000 up to $10,000 (inclusive)) $29.95 (Over $10,000 up to $25,000 (inclusive)) 0.12% (Over $25,000)
Trade over the phone	$59.95 (up to and including $10,000)	0.52% (Over $10,000 up to $25,000 (inclusive)) 0.49% (Over $25,000 up to $1,000,000 (inclusive)) 0.11% (Over $1,000,000)
¹ All of the above brokerage rates are on a per trade basis and include GST

Application Fee

Type of Application Fee	Fee Amount
Application fee for individual and company applicants	$0
Trust deed investigation fee	minimum $200
Personal Property Securities Register (PPSR) Registration Fee (Government fee payable when the Security Interest is registered, or registration is amended)	Amount of government fee (if applicable)

Account Maintenance Fee

Account Maintenance Fee Type	Fee Amount
Account Keeping Fee	$0
Printing and postage of contract notes (Electronic contract notes are free of charge)	$1.95
Dishonour Fee	$30
Rebooking Fee	$25
Off Market Transfer Fee	$54
Government tax or duty	Government tax or duty

Account Closure Fee

Account Closure Fee Type	Fee Amount
Early repayment adjustment and administrative fee on fixed rate loans	Depends on amount of loan and interest rate movements

Cash

Interest Rates - Accounts opened / migrated on or after 1 November 2012

All rates displayed in the table below are per annum.

Effective from 17 November 2023.

Balance	Linked to CommSec Trading Account^	SMSF*
$500,000 or more	3.20% p.a.	3.20% p.a.
$250,000 - $499,999	2.90% p.a.	3.20% p.a.
$100,000 - $249,999	2.60% p.a.	3.20% p.a.
$50,000 - $99,999	2.00% p.a.	3.20% p.a.
$20,000 - $49,999	1.50% p.a.	3.20% p.a.
$10,000 - $19,999	1.25% p.a.	3.20% p.a.
$5000 - $9,999	0.35% p.a.	0.35% p.a.
$0 - $4,999	0.35% p.a.	0.35% p.a
For interest rates applicable to the Standard Access CDIA, please refer to Interest Rates on Transaction, Savings and Investment Accounts ^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. *Only available for self-managed superfunds (SMSF) at account opening or if you have requested to switch to this price option for an eligible account type.

Interest Rates - Accounts opened on or before 31 October 2012^#

All rates displayed in the table below are per annum.

Effective from 16 June 2023.

Balance	Accounts opened on or before 31 October 2012^#
$500,000 or more	1.80% p.a.
$250,000 - $499,999	1.80% p.a.
$100,000 - $249,999	1.30% p.a.
$50,000 - $99,999	1.30% p.a.
$20,000 - $49,999	0.35% p.a.
$10,000 - $19,999	0.35% p.a.
$5,000 - $9,999	0.35% p.a.
$0 - $4,999	0.00% p.a.

# Interest rates for existing account holders only - no longer available for sale

Withdrawal Fees

For accounts opened / migrated on or after 1 November 2012:

- CDIA accounts linked to CommSec Trading Account option allows for unlimited fee-free electronic withdrawals plus 2 fee-free assisted withdrawals each month
- SMSF CDIA option allows for unlimited fee free electronic withdrawals and assisted withdrawals each month

For accounts opened on or before 31 October 2012: please refer to your Offer Confirmation Letter (available on NetBank) or for Standard Access (CDIA) accounts, please refer to Rates and Fees.

Other Fees and Charges

For a complete list of potential fees and charges that may apply, please read the Transaction, Savings and Investment Terms and Conditions

Fees and rates are subject to change.

Derivatives

Exchange Traded Options

Trade execution	Brokerage fee amount by transaction value^1,2,3
Exchange-Traded Options⁴ traded online (via website),⁵ (also charged on the subsequent share transaction⁶upon exercise or assignment of the option)	$34.95 up to $10,000 in premium 0.35% (above $10,000)
Exchange-Traded Options⁴ traded over the phone⁵ (also charged on the subsequent share transaction⁶ upon exercise or assignment of the option)	$54.60 up to $10,000 in premium 0.54% (above $10,000)
¹ Alternative brokerage rates may be agreed from time to time and (if agreed to) will be payable under the General Conditions of Trade within the ETO PDS and Terms and Conditions. If you are offered, and agree to a tiered brokerage rate, this may result in brokerage charges that differ from rates expressly disclosed within the CommSec FSG. ² Unless otherwise indicated, where a fee or charge is expressed as a percentage, it refers to a percentage of the transaction value. For GST rounding reasons, the final brokerage fee may result in a slight variance from the stated or expected charge, which may exceed two cents for large trades. ³ Brokerage charged (shares, warrants, listed managed investments and derivatives): Brokerage at these rates applies each time you trade a stock, warrant, listed managed investment or derivative. ⁴ ETO contract fees also apply. See the “Other fees and charges” section of the CommSec FSG. ⁵ For ETO multi-leg orders, brokerage is charged on each individual options leg. The execution of an equity leg (an Australian listed share transaction), traded as part of an options multi-leg order will incur ‘Australian listed shares’ fees and charges as disclosed in the CommSec FSG. ⁶ Listed equities transactions that result from an exercise or assignment of ETO contracts are charged at the same rate of brokerage as the original ETO transaction. For this reason the brokerage charged on the listed equities transaction arising from an exercise or assignment of an ETO contract may differ from and overrides the default rates set out in the CommSec FSG.

Trade execution

Brokerage fee amount by transaction value^1,2,3

Exchange-Traded Options⁴ traded online (via website),⁵ (also charged on the subsequent share transaction⁶upon exercise or assignment of the option)

$34.95 up to $10,000 in premium
0.35% (above $10,000)

Exchange-Traded Options⁴ traded over the phone⁵ (also charged on the subsequent share transaction⁶ upon exercise or assignment of the option)

$54.60 up to $10,000 in premium
0.54% (above $10,000)

¹ Alternative brokerage rates may be agreed from time to time and (if agreed to) will be payable under the General Conditions of Trade within the ETO PDS and Terms and Conditions. If you are offered, and agree to a tiered brokerage rate, this may result in brokerage charges that differ from rates expressly disclosed within the CommSec FSG.

² Unless otherwise indicated, where a fee or charge is expressed as a percentage, it refers to a percentage of the transaction value. For GST rounding reasons, the final brokerage fee may result in a slight variance from the stated or expected charge, which may exceed two cents for large trades.

³ Brokerage charged (shares, warrants, listed managed investments and derivatives): Brokerage at these rates applies each time you trade a stock, warrant, listed managed investment or derivative.

⁴ ETO contract fees also apply. See the “Other fees and charges” section of the CommSec FSG.

⁵ For ETO multi-leg orders, brokerage is charged on each individual options leg. The execution of an equity leg (an Australian listed share transaction), traded as part of an options multi-leg order will incur ‘Australian listed shares’ fees and charges as disclosed in the CommSec FSG.

⁶ Listed equities transactions that result from an exercise or assignment of ETO contracts are charged at the same rate of brokerage as the original ETO transaction. For this reason the brokerage charged on the listed equities transaction arising from an exercise or assignment of an ETO contract may differ from and overrides the default rates set out in the CommSec FSG.

ETO Contract fees (per contract)	Amount per contract⁷
Equity Option Contract (Open/Close)	$0.13 (GST exclusive)
Equity Option Contract (Exercise/Assignment)	$0.05 (GST exclusive)
Index Option Contract (Open/Close)	$0.45 (GST exclusive)
Index Option Contract (Exercise/Assignment)	$0.35 (GST exclusive)
⁷ ETO Contract fees have been set out on a GST exclusive basis as the total GST may be rounded in accordance with the GST law. Fees and rates are subject to change

Other fees and charges	Amount
Late settlement fee⁸	$100
Rebooking fee	$25 per rebooking
⁸ Please note that CommSec requires all clients to ensure cleared funds are available to meet settlement obligations. Multiple direct debit rejections may lead to trading restrictions being imposed on your account. A direct debit rejection will be treated as a late settlement.

Other Fees

Description	Fee*
Printing and postage of contract notes	$1.95
Reprinting and postage of CHESS statement	$16.50 per stock
Late settlement fee – Buy or Short Sell	$100
SRN query, rebooking fee	$25.00
Off market transfer fee	$54.00 per transfer
*All of the above fees include GST Fees and rates are subject to change