Edward Jones CDs
APY Range
Minimum Deposit
Terms
Our Rating
Edward Jones CDs
APY Range
Minimum Deposit
Terms
Our Rating
Edward Jones CD Rates
Edward Jones provides exceptionally competitive CD rates, with both long and short-term, boasting one of the highest CD APYs available in the market. The minimum deposit required is $1,000, which is quite reasonable. Additionally, Edward Jones offers diverse terms to suit your preferences.
When you invest in certificates of deposit (CDs) through Edward Jones, you can enjoy the assurance that they are issued by reputable banks and backed by FDIC insurance, providing coverage of up to $250,000.
Term | APY |
|---|---|
3 Months | 5.40% |
6 Months | 5.45% |
9 Months | 5.50% |
12 Months | 5.50% |
18 Months | 5.45% |
24 Months | 5.30% |
36 Months | 5.00% |
48 Months | 4.80% |
60 Months | 4.65% |
How Edward Jones CDs Work
For nearly a century, since 1922, Edward Jones has established itself as a prominent financial services firm.
To invest in an Edward Jones brokered CD, it is necessary to have a brokerage account with the firm. As a reputable brokerage, Edward Jones offers CDs from multiple banks, enabling you to diversify your CD portfolio. Consequently, Edward Jones CD rates often surpass the national average significantly.
Edward Jones' approach to CDs is different due to their nature as brokered CDs.
Edward Jones' CDs are not subject to automatic renewal or rollover into new CDs. Instead, the funds from the matured CD will be automatically credited to your Edward Jones account. It is essential to be proactive and take appropriate action with regard to your CD investments with Edward Jones.
Are Edward Jones CDs Rates Competitive?
Yes, Edward Jones CDs are known to offer competitive CD rates. Whether you are looking for short-term CDs or want to explore long-term CD options, the rates are high.
While the specific rates may vary depending on market conditions and the terms of the CD, we can see in the table below that it offers one of the highest rates available among dozens of other banks and credit unions.
CD APY Range | Minimum Deposit | |
|---|---|---|
Marcus | 3.70% – 5.10% | $500 |
First Internet Bank | 4.18% – 5.35% | $1,000 |
Barclays Bank | 4.45% – 5.15% | $0 |
PNC Bank | 0.01% – 4.80% | $1 |
Quontic Bank | 4.30% – 5.30% | $500 |
PenFed Credit Union | 2.00% – 4.35% | $1,000 |
Alliant Credit Union | 4.30% – 5.20% | $1,000 |
Sallie Mae | 4.00% – 5.50% | $2,500 |
Bread Financial | 4.25% – 4.75% | $1,500 |
Capital One | 4.10% – 5.25% | $0 |
Chase Bank | 3.00% – 5.00% | $1,000 |
Discover Bank | 2.00% – 5.00% | $2,500 |
CIT Bank | 0.30% – 5.00% | $1,000 |
Ally Bank | 3.00% – 5.15% | $0 |
Citi Bank | 0.05% – 4.90% | $500 |
Connexus Credit Union | 3.51% – 4.85% | $5,000 |
Merrick Bank | 4.60% – 5.60% | $25,000 |
Fidelity | 4.45% – 5.50% | $1,000 |
Charles Schwab | 5.56% – 5.65% | $1,000 |
Vanguard | 4.50% – 5.75% | $1,000 |
BMO Harris | 0.05% – 4.50% | $1,000 |
Wells Fargo | 1.49% – 5.26% | $2,500 |
Synchrony Bank | 2.25% – 5.15% | $0 |
Citizen Bank | 2.75% – 4.50% | $1,000 |
TD Bank | 1.00% – 5.50% | $250 |
Navy Federal | 0.40% | $1,000 |
LendingClub | 5.50% | $2,500 |
About Edward Jones
Edward Jones is a renowned financial services firm that has been operating since 1922. The company primarily focuses on providing personalized investment advice and services to individual investors. Edward Jones is known for its extensive network of financial advisors, who work closely with clients to develop personalized investment strategies and help them achieve their financial goals.
The firm offers a wide range of investment options, including stocks, bonds, mutual funds, certificates of deposit (CDs), and retirement accounts such as IRAs. Edward Jones aims to provide a comprehensive suite of financial services to meet the diverse needs of its clients.
Financial advisors at Edward Jones strive to provide individualized guidance and support, taking into account clients' unique circumstances, risk tolerance, and investment objectives.
