Well they seem to have ditched the requirements that one had to open an ANZ account to be linked with the trading account and the requirement that X number of securities be transferred to their Chess custodianship which is great.

The only downside so far as I can see is that the $21.95 per trade fee is 10% above Commsec (and some of the even cheaper online brokers); consequently for the ongoing points bonus (1point per $3 in brokerage) its a little steep, as it works out to be $2 for just 7 points.

5000 points for filling in a form or two, and paying $6 over the odds for 3 trades that I would otherwise do, is worthwhile as far as I'm concerned.