CommSec - BPAY

Discussion in 'Sharemarket Investing Platforms, Tools & Services' started by Lam Thieu, 3rd Mar, 2009.

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  1. Lam Thieu

    Lam Thieu Well-Known Member

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    24th Jan, 2017
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    Location:
    Melbourne, Australia
    I'm with CommSec and having been using their Internet Preferred rates and settling via my CDIA (Cash Direct Investment Account).

    On the Invoice Note - it has a BPAY option. Do you think i can use my credit-card to pay off the owed amount on the Invoice?....even if it's not the CDIA account i have as the default settling account?

    Would my brokerage increase from $19.95 if I do?
     
  2. Simon Hampel

    Simon Hampel Founder Staff Member

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    Location:
    Sydney
    Companies offering BPay payment options have the ability to set whether they will allow the transaction to be settled via a credit card account or whether it must be settled via a bank account.

    I suspect you may find that Commsec will want the money to come from a bank account (not 100% sure on this since I haven't looked - companies usually mention what type of accounts they accept BPay from).