CommBankCommonwealth Direct Investment Account
A cash management account for investors allowing you to trade and transact when and where it suits you.
At a glance
- Base rate
- 0.75%
How it compares
This account in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
| Rate | This account | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| No bonus conditionsPaid whatever you deposit or spend | 0.75% | 4.80%MoveBank's Online Saver | 2.25%of 61 institutions | 45th highest of 61, level with one other |
Rates
Every rate CommBank publishes for this account, 9 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableThe interest rate that applies to overdrawn amounts. CBA may waive any overdraw interest charges at its discretion. | - | - | - | 14.90% | - | - |
| VariableCommsec and Private Bank rates for balance less than $50,000. | - | - | up to $49,999 | 0.75% | - | paid every 1 mo |
| VariableSelf-managed superfunds (SMSF) that elect the SMSF Commonwealth direct investment account option with a balance less than $50,000. | - | - | up to $49,999 | 2.15% | - | paid every 1 mo |
| VariableCommsec and Private Bank rates for balance above $1,000,000. | - | - | $1,000,000+ | 2.70% | - | paid every 1 mo |
| VariableSelf-managed superfunds (SMSF) that elect the SMSF Commonwealth direct investment account option with a balance over $1,000,000. | - | - | $1,000,000+ | 3.00% | - | paid every 1 mo |
| VariableCommSec and Private Bank rates for balance between $250,000 and $999,999. | - | - | $250,000–$999,999 | 2.05% | - | paid every 1 mo |
| VariableSelf-managed superfunds (SMSF) that elect the SMSF Commonwealth direct investment account option with a balance between $250,000 and $999,999. | - | - | $250,000–$999,999 | 3.00% | - | paid every 1 mo |
| VariableCommsec and Private Bank rates for balance $50,000 and $249,999. | - | - | $50,000–$249,999 | 1.50% | - | paid every 1 mo |
| VariableSelf-managed superfunds (SMSF) that elect the SMSF Commonwealth direct investment account option with a balance between $50,000 and $249,999. | - | - | $50,000–$249,999 | 3.00% | - | paid every 1 mo |
Fees
13 fees published, grouped by when they're charged.
When you make a transaction6
- Access fee - Overseas purchases
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.
3.50% of transaction - Access fee - Overseas ATMS
When you take money out at ASB ATMs in New Zealand or CommBank ATMs outside Australia.
$2 - Access fee - Overseas cash withdrawals
Any other cash withdrawal overseas will incur a fee of $5.00 plus 3.5% of transaction value.
$5 - Access fee - Overseas cash withdrawals
Any other cash withdrawal overseas will incur a fee of $5.00 plus 3.5% of transaction value.
3.50% of transaction - Assisted withdrawal fees
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.
No fee - CBA ATM cash withdrawals in Australia
Free
No fee
If a payment is late or fails1
- Unpaid cheque or debit fee
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 ch…
$5capped at $5 a month
When particular things happen6
- Cheques negotiated fee
When you write a cheque that needs to be negotiated through the clearing system.
$3 - Overdraw fee
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 tra…
$15capped at $5 a month - Paper statement fee
A fee charged where you ask us to give you an additional account statement outside the standard cycle.
$2.50 - Stamp duty on Norfolk Island cheques
A fee on cheques issued on Norfolk Island.
$0.20 - Stop payment fee
When you ask us to stop payment on a cheque.
$15 - Transaction listing or ad-hoc paper statement fee
Issue of paper copy of transaction listing, past statements or ordered statements.
$2.50
Features
- 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 cri…
- Maintain easy access to funds and receive discounted brokerage with CommSec.
- Trade and transact, anywhere, anytime, with full access to your funds.
- 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.
Eligibility and limits
- Minimum age 18
- Amount up to $2,000
- You can apply if you are opening the account in a personal, joint, company, SMSF or trust name.
- You must be an Australian registered or incorporated company; Australian Trust or Self-Managed Super Fund (SMSF).
- You must have an Australian residential address.
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Published by CommBank under the Consumer Data Right, last changed by them on 30 Oct 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.