How Member Direct works
You make your own strategy by investing in your choice of:
- shares in the S&P/ASX 300 Index
- Exchange Traded Funds (ETFs)
- term deposits
It all starts with your transaction account, which is the hub of your Member Direct option. It works like an online bank account and earns a competitive interest rate.
You transfer money from your other AustralianSuper investment options into this account, and then use this money to invest. You can also do the reverse and transfer money from this transaction account back into your other AustralianSuper options.
To learn more about the ins and outs of our Member Direct option, download the guide below.
Download Member Direct Guide PDF (2.9MB) download member direct guide PDF 2.9MB
Member Direct Investment menu PDF (140KB) Download Member Direct Investment menu PDF 140KB
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Member Direct transaction account and term deposit interest rates
Transaction account
The current interest rate for the Member Direct transaction account is shown below. Please note that this rate is gross of any tax that may be applicable.
Transaction Account as at 13 October 2017 2.16% pa Transaction account interest is accrued daily and credited to members’ accounts monthly, in arrears.
Term deposits
The ranges of interest rates for term deposits currently available within the AustralianSuper Member Direct investment option are shown below. Please note that these rates are gross of any tax that may be applicable.
Interest rates current as at 13 October 2017:Term deposit Interest rate or range (% pa) 90 Days 2.50
180 Days 2.54 to 2.80 365 Days 2.58 to 2.80 Interest on term deposits is accrued daily and credited to members’ accounts at the date of maturity.
More features for more insights and control
Our Member Direct option is designed to help you get more out of your super, including:
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Access to more data and information
Real-time trading, extensive market information, independent research and investment tools to help you make informed decisions and manage your portfolio like a pro.
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Online control
Manage your investments in real time through the Member Direct online platform.