Commonwealth Direct Investment Account
A cash management account for investors allowing you to trade and transact when and where it suits you.
- Base rate
- 2.75%
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable The interest rate that applies to overdrawn amounts. | 14.9% | — | — |
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable Commsec and Private Bank rates for balance less than $50,000. | 0.65% | Balance of less than $50,000. | monthly |
| Variable Self-managed superfunds (SMSF) that elect the SMSF Commonwealth direct investment account option with a balance less than $50,000. | 1.9% | Balance of less than $50,000. | monthly |
| Variable Commsec and Private Bank rates for balance $50,000 and $249,999. | 1.4% | Balance between $50,000 and $249,999. | monthly |
| Variable CommSec and Private Bank rates for balance between $250,000 and $999,999. | 1.8% | Balances between $250,000 and $999,999. | monthly |
| Variable Commsec and Private Bank rates for balance above $1,000,000. | 2.45% | Balance above $1,000,000. | monthly |
Fees
| Fee | Type | Amount |
|---|---|---|
| Access fee - Overseas ATMS When you take money out at ASB ATMs in New Zealand or CommBank ATMs outside Australia. | Withdrawal | $2.00 |
| Access fee - Overseas cash withdrawals Any other cash withdrawal overseas will incur a fee of $5.00 plus 3.5% of transaction value. | Withdrawal | $5.00 |
| Access fee - Overseas cash withdrawals Any other cash withdrawal overseas will incur a fee of $5.00 plus 3.5% of transaction value. | Withdrawal | 3.5% of transaction |
| 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. | Purchase | 3.5% 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. | Withdrawal | $0.00 |
| CBA ATM cash withdrawals in Australia Free | Withdrawal |
Features
- Additional cards — up to 4
- We may limit the number of cards that may be issued or linked to a single account or customer profile.
- Card access — Debit Mastercard
- 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.
- Real-time payments (NPP)
- PayID
- 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.
- Maintain easy access to funds and receive discounted brokerage with CommSec.
Eligibility
- Minimum age — 18 yearsYou can apply if you are 18 years and over (except where accounts are held in trust for a minor).
- 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.
Constraints
- Maximum limit — $2,000.00There 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.
More Information
Published by CommBank under the Consumer Data Right · Last updated 16 July 2026 · Product ID da527ba1942246edac4d5da36dbc1da8 · View on CDR.gov.au