Cdia account interest rate

A cash management account for investors allowing you to trade and transact when and where it suits you.

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. A CDIA is free to use. There are also unlimited no fee electronic withdrawals.

Cdia account interest rate

If you are a Chrome or Edge user and are experiencing these problems, please visit the following FAQ to review the steps that need to be taken to prevent this issue from occurring. We apologise for any inconvenience caused. Forgotten your password? Every nabtrade account comes with a fully integrated settlement cash account used to settle your domestic and international trades. It has unlimited online transactions, no ongoing account fees or minimum balance requirements. View our demo videos for information about how to transfer your money into your nabtrade Cash Account. Adding a High Interest Account can be done in a few clicks, completely online. Switching from another broker? The nabtrade High Interest Account variable interest rate applies to the whole balance of your Account and is subject to change at any time. Any advice contained on this page has been prepared without taking into account your objectives, financial situation or needs. Before acting on any advice we recommend that you consider whether the advice is appropriate for your circumstances and you obtain and consider the relevant Product Disclosure Statement or other disclosure document available at nabtrade. Target Market Determinations are available at nab.

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In this guide. Buy Shares In. Invest with. We've taken a deep dive into what it is, pros and cons of the account and how it compares with our own cash account. If you're already a Commonwealth Bank member, a CDIA account is opened automatically for you on application of CommSec, so there's no real reason not to use it. Even if you hold an account with another bank, transferring funds to CommSec CDIA for the purposes of trading is little effort and can save you a lot on brokerage fees. If you prefer to keep funds sitting in another account, you'll just need to ensure you have enough cash in the CDIA should you want to have the freedom of placing trades at a moment's notice.

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. Trade online via website, mobile apps or other platforms and settle into a bank account of your choice.. 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. 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. Third-Party Fees 2, 6. This may include costs incurred from holding negative interest-bearing currencies. Foreign Exchange 7, 8. 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. You will be charged foreign exchange fees for each leg, which is each individual currency conversion necessary to obtain the required currency pair conversion.

Cdia account interest rate

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.

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Cash account for trading Link your CDIA to our CommSec Trading Account to enjoy lower brokerage costs and the convenience of settling trades without the need to transfer between accounts. Now, CommSec offers a range of features and options that cater to all investor experience levels. There are no subscription or account keeping fees on the CDIA account. Earn interest. Enjoy a fixed rate of return for the nominated term , so you know exactly what your investment is worth. Dialog start. Things you should know. Your Email will not be published. 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. No, there is no minimum balance requirement for a CDIA account. For further information refer to the Electronic Banking Terms and Conditions. You may need the following handy: ID e.

A cash management account for investors allowing you to trade and transact when and where it suits you. Link your CDIA to our CommSec Trading Account to enjoy lower brokerage costs and the convenience of settling trades without the need to transfer between accounts. Take a look.

If you are an existing CommSec member, moving into the international market can be a stress-free process. Advisor Investing. Products marked as 'Top Pick', 'Promoted' or 'Advertisement' are prominently displayed either as a result of a commercial advertising arrangement or to highlight a particular product, provider or feature. Failed settlements may attract additional fees and charges by Westpac Share Trading. Visit your nearest branch. What is a CDIA? You can learn more about how we make money. Kylie Purcell is the senior investments editor and analyst at Finder. Target Market Determinations are available at nab. Please note settlement for ASX Trades occur two business days after trade execution. Please note that creating an international trading account will involve a slightly different process and will require you to pay an account fee. Cash The seamless link to your trading account.