Help & FAQs

The Commonwealth Direct Investment Account (CDIA) is a cash management account specifically designed for CommSec share traders. It allows you to trade and invest when and where it suits you.

CDIA features include:

• Seamless settlement of trades, so you can take advantage of investment opportunities as they arise, without having to transfer funds between accounts
• Low brokerage from just $5.00 per trade when you settle to your CDIA*
• Transact in real-time on your cash account via NetBank, CBA’s leading online banking platform
• A full range of transaction functions and at-call access to your cash, plus an optional CBA Debit MasterCard

*To be eligible for discounted brokerage, you must trade online, be CHESS Participant Sponsored with CommSec, and settle your trades through a CDIA.

Here's how to open a CDIA:

• Log in to your CommSec account
• Go to Portfolio
• Select Offers and Apply
• Select Applications in the left hand menu
• Click Apply Now next to "Add a new Commonwealth Direct Investment Account (CDIA) for saving and/or trading".

While you can create multiple Commonwealth Direct Investment Accounts (CDIA) under your CommSec profile, CDIA accounts that are outside of the Target Market Determination (TMD) may be closed in accordance with the Transaction, Savings and Investment Accounts (TSIA) Terms and Conditions.

Without a valid TFN or a TFN exemption applied to your Commonwealth Direct Investment Account (CDIA), you may be subject to withholding tax.

To provide your TFN for your CDIA, you’ll need to log on to Netbank. You can access NetBank from your CommSec account by selecting the NetBank tab in the top left corner of your screen. Once you’re logged on to Netbank, go to Settings, then select “Tax file number” under Profile.

If you want to provide your TFN for share trading purposes, you need to provide it directly to the relevant share registry.

For further assistance regarding your TFN for a CDIA, please contact the Commonwealth Bank on 13 22 21.

No, there’s no minimum balance requirement for a CDIA opened through CommSec.

If your Commonwealth Direct Investment Account (CDIA) is linked to a CommSec Share Trading Account and it was opened on or after 1 November 2012, the account does not incur a monthly account keeping fee.

You also won’t be charged anything for online transfers, direct debits, or withdrawals from Commonwealth Bank ATMs in Australia.

View the full list of CDIA fees and charges.

Interest earned on CDIA accounts is calculated daily and credited to your account on the first calendar day of each month.

To view the current interest rate schedule for CDIAs, go to Products > Cash > Rates & Fees or click here.

For CDIAs opened before 1 November 2012, please refer to the CBA interest rate flyer.

You can also check the current interest rate applicable to your CDIA on NetBank, or by calling the Commonwealth Bank on 13 22 21.

For any questions about CDIAs, please call CommSec on 13 15 19 or +61 2 9115 1417 if calling from overseas between 8am and 6pm, Monday to Friday (Sydney time).