Commonwealth Bank Self-Managed Super Funds

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Commonwealth Bank is a provider of banking, home loans, investments, pension payments, corporate and personal superannuation, and insurance.

Compare Commonwealth Bank SMSF products

If you’re considering self-managed superannuation services with the Commonwealth Bank, check out what’s available in SMSF savings accounts for those who live in New South Wales with a balance of $5,000. Results are sorted by Star Ratings (high to low). To compare other super funds, visit the Canstar SMSF comparison pages.

Compare Self-Managed Super Funds

Types of Commonwealth Bank SMSF products

The Commonwealth Bank provides a variety of SMSF products and services, including:

  • SMSF cash account
  • Shares and Exchange Traded Funds (ETFs)
  • Managed funds
  • Property lending
  • Investment strategies
  • SMSF advice

Signing up for SMSF services from the Commonwealth bank gives you access to several features including:

  • Competitive investment performance
  • Flexible investment options
  • Integration with CommSec, an online broker
  • Over-the-phone financial advice available
  • Easy online account access

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Eligibility to use Commonwealth Bank SMSF products

To sign up for Commonwealth Bank SMSF products and services, you need to be a trustee of a self-managed super fund. You will need to be able to provide personal identification, the name and ABN of your SMSF and a certified copy of the Trust Deed.

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Commonwealth Bank FAQs

Yes, the Commonwealth Bank has a dedicated SMSF portfolio viewer. You can view your account balances online, access statements for your accounts, manage investments and more. Access the online portal here.

Yes, you can move your existing SMSF from another administrator to the Commonwealth Bank. They will help with this process by updating the Trust Deed, appointing an auditor, completing any outstanding tax returns and establishing a new linked cash account.

The Commonwealth Bank is one of the largest banks in Australia. Founded as a government bank in 1911, it grew to combine many state government banks and was fully privatised in 1996. Today, they employ over 52,000 people and have 800,000 shareholders.

The Commonwealth Bank has a corporate responsibility plan in place to create positive change across Australia. They have seven different Opportunity Initiatives across education, the community and business practices:

  • Funding financial education programs for students
  • Providing resources and funding to educators
  • Creating and investing in financial wellbeing programs
  • Supporting employees involved in community organisations
  • Emphasising transparent and inclusive stakeholder relationships
  • Promoting inclusivity and diversity
  • Investing in sustainable industry

If you’re considering a SMSF service provider, check out the following table which contains details of the SMSF products rated by Canstar.

Written by: Tim Smith | Last updated: May 18, 2018