Current Account

The CDF’s current account is a general operating account capable of receiving deposits, receiving electronic credits and transacting online.

The main features of this product are:

  • Monthly Service Fee

    Nil

  • Deposit Fees

    Nil

  • Cheque Deposited Fees

    Nil

  • Other Transactions

    No CDF Fees, any fees charged by the Commonwealth Bank are passed on at cost.

  • Online Access

    CDF Online provides a convenient and safe way to view account details and to transact 24 hours a day, 7 days a week.

  • Credit Interest

    Calculated daily on the whole balance and paid quarterly at the end of March, June, September and December.

  • Sweep Facility

    Ability to sweep funds from or to another CDF account.

  • Additional Accounts

    Additional accounts for special purposes are available on request.

For more information about this product, please see our Disclosure Statement below.