Cdia account interest rate

Have you been considering opening a CommSec account to trade shares and other securities? Curious as to what a CDIA is, whether you need one, and what the benefits are?

The Commonwealth Direct Investment Account CDIA is the preferred cash management account for CommSec share traders - with it you can seamlessly settle trades, transact and earn tiered interest based on your account balance. Your CDIA is linked to your CommSec Trading Account so you enjoy low brokerage costs plus the convenience of settling trades without the need to transfer between accounts. The tiered interest rate applies to the entire balance on your account including dividends paid into this account , pay no monthly account-keeping fee, enjoy unlimited electronic withdrawals 1 and complete access to your cash anytime. The CDIA is the preferred cash management account for CommSec, allowing you to seamlessly settle trades, save and transact all from one account. You can access your account online through NetBank and CommSec. Instantly transfer funds seamlessly between all your CBA accounts. We automatically recognise balances in your CDIA when you place an order, which means you can place a buy or sell order as soon as you see an opportunity, without the need to transfer funds or provide a deposit.

Cdia account interest rate

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Effective from 17 November A CDIA is free to use.

Earn 3. Access your account anytime online with NetBank and the CommBank app plus transfer money instantly between CommBank accounts. With no monthly account or withdrawal fees, there's no need to worry about how many transactions you make. There are no monthly account or withdrawal fees. Other fees may apply. Access fees may apply when using overseas or non-CommBank networks domestically.

The Commonwealth Direct Investment Account CDIA is the preferred cash management account for CommSec share traders - with it you can seamlessly settle trades, transact and earn tiered interest based on your account balance. Your CDIA is linked to your CommSec Trading Account so you enjoy low brokerage costs plus the convenience of settling trades without the need to transfer between accounts. The tiered interest rate applies to the entire balance on your account including dividends paid into this account , pay no monthly account-keeping fee, enjoy unlimited electronic withdrawals 1 and complete access to your cash anytime. The CDIA is the preferred cash management account for CommSec, allowing you to seamlessly settle trades, save and transact all from one account. You can access your account online through NetBank and CommSec. Instantly transfer funds seamlessly between all your CBA accounts. We automatically recognise balances in your CDIA when you place an order, which means you can place a buy or sell order as soon as you see an opportunity, without the need to transfer funds or provide a deposit. Pay no monthly account-keeping fees, and get unlimited electronic transactions plus two free assisted withdrawals per month. Our free Dividend Direction service takes the hassle out of managing dividend payments.

Cdia account interest rate

Have you been considering opening a CommSec account to trade shares and other securities? Curious as to what a CDIA is, whether you need one, and what the benefits are? Read on. A CDIA functions like a transaction account, but with some key differences.

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Luckily, CommSec does not have any minimum trade limits. Our SMSF account could help you grow. Other fees. We are committed to our readers and stands by our editorial principles We try to take an open and transparent approach and provide a broad-based comparison service. To the extent any recommendations or statements of opinion or fact made in a story may constitute financial advice, they constitute general information and not personal financial advice in any form. Term Deposit Enjoy a fixed rate of return for the nominated term , so you know exactly what your investment is worth. No account or withdrawal fees With no monthly account or withdrawal fees, there's no need to worry about how many transactions you make. To transfer to an account which is not in your address book, select 'Pay new account' and enter the account details. We apologise for any inconvenience caused. In addition to this, CommSec investors also receive peace of mind when it comes to security. Fees and rates are subject to change.

For a full list of fees and charges, please refer to our Financial Services Guide. Brokerage fee amount by transaction value 1,2,3,4.

This means that you have complete access to the cash in your trading account at all times, something that isn't always possible with brokers that use external bank accounts. She has completed a Certificate of Securities and Managed Investments RG and specialises in investment products including online brokers, robo-advisors, stocks and ETFs. Enter the NetCode sent to your phone and then select 'Save changes'. If you are happy with this summary, you can then submit your order. Instead, you can pick from seven themed Exchange Traded Funds ETFs , which are small, diversified asset bundles that work to decrease the risk of your investment. Buying Guides. George Tic:Toc Westpac More lenders. Shirley May 30, Finder. Enter the amount you wish to transfer and an optional description, then click 'Next'. If you wish to open a CommSec Pocket account, the process is just as simple. Terms of Service and Privacy Policy. If you are logged into the CommSec website, switch into NetBank by selecting 'NetBank' from the tab in the top-left corner of your screen. If you are logged into the CommSec website, you can switch into NetBank by selecting 'NetBank' from the tab in the top-left corner of your screen. Our free Dividend Direction service takes the hassle out of managing dividend payments.