CommSec Cash Account

The CommSec Cash Account is an everyday online transaction account, with all the features you expect and more:

• No monthly account fees, no strings attached

  You'll pay no monthly account fees, and there's no minimum opening or ongoing balances or limit on the number of deposits or withdrawals you can make.
  
  
  
  

• Everyday transactions

  Deposit your salary, setup direct debits, withdraw cash and pay for shopping with the CommSec Debit MasterCard®.
  
  

• Single log-in and view

  Manage your share trading, savings and margin lending portfolio via one simple log-in and view.

  
  

• Online cash management

  Enjoy the convenience of online cash management, so you can manage your cash where and when it suits you:
  
  Transfer funds instantly between your linked accounts.
  
  Make BPAY® payments and Pay Anyone transfers.
  
  View your statements and manage your finances online.
  
  

• World-wide access to your cash

  You can withdraw your cash from your CommSec Cash Account using your CommSec Debit MasterCard® at over
  1.4 million ATMs globally, wherever the MasterCard logo is displayed.
  
  

• No fees on purchases

  Pay no transaction fees on domestic purchases made at point of sale with your CommSec Debit MasterCard Also pay no fees when you purchase online or via the telephone in Australian dollars.
  
  

• Unlimited fee-free Commonwealth Bank of Australia ATM transactions

  Access your cash through Australia's largest bank ATM network. You can use your CommSec Debit MasterCard for withdrawals and balance enquiries at any Commonwealth Bank ATM in Australia, with no fees.
  
  
  
  
  

• Unique AutoSweep function

  Increase your interest earnings with CommSec Cash Management's unique AutoSweep function. Simply activate it online and set a balance amount above $10,000, and choose between a weekly or monthly AutoSweep. Each week or month, on the day or date you specify, available funds over the amount you've set are automatically swept into your higher-interest CommSec Investment Account.
  Any time you need access to those funds again, you can instantly transfer them back to your CommSec Cash Account.
  
  

• Instant transfers

  Transfer funds instantly from your CommSec Cash Account to your CommSec Investment Account to boost your interest earnings, or back to your Cash Account when you need access to them.
  
  

• Share trade settlement and low brokerage

  Settle your CHESS-sponsored share trades directly from your CommSec Cash Account, and you'll also be able to take advantage of low brokerage rates on Internet Preferred trades.
  
  
  

• Collateral for your Margin Loan

  Use the funds in your CommSec Cash Account and/or CommSec Investment Account as collateral for your CommSec Margin Loan, at the same time as they're earning you interest.
  When you use funds in your CommSec Cash Account and/or CommSec Investment Account as collateral for your Margin Loan, these funds are placed on 'hold', and you will not be able to transfer them out of the account until the hold is removed.
  
  

• 0.25%pa paid on whole balance when balance is over $5,000

  Interest is calculated daily and paid monthly - on every dollar in your account when the balance is $5,000 or more.
  
  
  
  

  
  

• Consolidated statement

  Budget and manage your wealth with one consolidated online statement, saving you time and effort across your share trading accounts, cash accounts and margin lending portfolios.
  
  

• Support

  Feel secure in the knowledge that Cash Management support is available 8am to 8pm, 7 days a week, plus 24-hour support for lost or stolen cards.

® Registered to BPAY Pty Ltd ABN 69 079 137 518

Important information:
CommSec Cash Management refers to CommSec Cash Account and CommSec Investment Account. CommSec Cash Account, CommSec Investment Account and CommSec Margin Loan are products of Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 administered by its wholly owned subsidiary Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814 ("CommSec"). CommSec is a participant of the ASX Group and the Sydney Futures Exchange.

* Rate applies to the whole balance of the CommSec Investment Account and is calculated daily and paid on the last business day each month. Interest applies to new and existing accounts. The rate is variable and is subject to change without notice.