Edward Jones CD Rates: What You Need To Know Before You Open One
Written by
Karen Doyle
Edited by
Melanie Grafil
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When opening a CD, it’s good to understand things like the term length and maturity date, but most importantly the annual percentage yield. Here are the current Edward Jones CD rates.
| Account Type | APY | Minimum Deposit |
|---|---|---|
| 3-month CD | $1,000 | |
| 6-month CD | $1,000 | |
| 9-month CD | $1,000 | |
| 1-year CD | $1,000 | |
| 18-month CD | $1,000 | |
| 2-year CD | $1,000 | |
| 3-year CD | $1,000 | |
| 4-year CD | $1,000 | |
| 5-year CD | $1,000 |
Since Edward Jones is not a bank, its CD offerings are brokered through other FDIC-insured banks. Some example of the banks in its network include Ally Bank, BMO and Keybank.
Edward Jones CDs Features and Benefits
A certificate of deposit is a savings product that is sold by a bank, credit union or in this case a brokerage firm. It has a fixed term, usually anywhere from one month to five or even 10 years.Â
Typically, it has an interest rate that is guaranteed for the length of the term. Here are some key features to consider when it comes to Edward Jones CDs:
- Edward Jones financial advisor: Edward Jones is a brokerage firm that offers advisors who provide you with financial guidance, which is a perk of opening Edward Jones brokered CDs.
- Minimum investments: There is a $1,000 minimum investment to purchase a CD from Edward Jones.
- Brokerage account: Having an account with Edward Jones means you can buy CDs from multiple banks.
- CD secondary market: You can resell your CD on the secondary market, which means you could potentially get your money back before the end of the term with a higher rate without incurring early withdrawal fees.
Pros and Cons of Investing With Edward Jones
Every financial decision has advantages and disadvantages. Here’s what to know about investing with Edward Jones.
Pros:
- High interest rates available: Many of the CDs available through Edward Jones are highly competitive.
- FDIC insured: FDIC insurance offers peace of mind that your investment is protected, even if the bank goes out of business.
- Option to sell your CDs: If you need money quickly, you won’t have to incur an early withdrawal penalty by breaking your CD. Instead, you can sell it through a secondary market.
Cons:
- May lose money: While you can sell your CD on the secondary market, you could take a loss on the investment.
- Must work with Edward Jones: You will need to work with an Edward Jones advisor to purchase a CD.
- Interest doesn’t compound: You won’t earn interest on your interest with an Edward Jones CD.
How Much Can You Earn With an Edward Jones CD?
Your earnings on a CD will depend on many factors that include:
- Your deposit amount
- The CD term
- The APY for that term
Below, you’ll see estimated earnings on some of the Edward Jones CDs with the highest APYs:
| Deposit Amount | Term Length | APY | Estimated Interest Earned |
|---|---|---|---|
| $1,000 | 3Â Months | $10.06 | |
| $1,000 | 6Â Months | $19.35 | |
| $1,000 | 1Â Year | $37.50 |
Use the Savings Calculator from GOBankingRates to get a closer look at your estimated earnings over time.
How To Open an Edward Jones CD
If you want to open an account with Edward Jones, use the following steps to move forward:
- Confirm you have at least $1,000: You’ll need to make a deposit of at least $1,000 to open a CD with Edward Jones. Make sure you have enough to cover this investment and still leave wiggle room in your finances for emergencies.
- Connect with an Edward Jones advisor: You must work with a financial advisor through Edward Jones to purchase a CD. The company offers a matching tool to help you find an appropriate financial advisor in your area.
- Move forward with a CD purchase: With the help of an Edward Jones financial advisor, you can purchase the CD you have in mind.
Edward Jones CD Rates vs. Other Banks
Here’s a look at how Edward Jones stacks up against alternatives you might consider when it comes to three-month and one-year CD rates.
| Bank or Brokerage | 3-month CDÂ | 1-year CD |
|---|---|---|
| Edward Jones | ||
| Fidelity | ||
| Discover® Bank, Member FDIC |
Is an Edward Jones CD Right for You?
Ideal for:
- Conservative savers
- Retirees who are looking for steady and predictable income.
- Those who want to create a CD ladder.
Not great for:
- Compounding interest, as it’s not offered on their CDs.
- Those who desire faster or greater growth with their funds.
- Those who prefer DIY investing rather than working with a financial advisor.
Tips for Getting the Best CD Rate
Edward Jones CD rates offer a fairly competitive APY, which is nice if you’re not a big risk taker when it comes to your money. You’ll know at the end of the term, you’ll receive the fixed interest once the CD matures.
However, if you need a bit more flexibility or want the opportunity for higher returns, you could look at high-yield savings accounts, Treasury securities or even money market accounts — which offer some of the benefits of a high-yield savings account and a checking.
You could try laddering your CDs, which spreads your money across different terms. Each term will mature at different times, allowing you to take advantage of higher rates at different times, and providing access to your money periodically.
Edward Jones CD Rates FAQ
Take a look at these frequently asked questions about Edward Jones CDs.- What are the current Edward Jones CD rates?
- Currently, Edward Jones CD rates are offering APYs over 4.00%, with terms ranging from three months and up to five years. The highest available APY is offered for the 3-, 4-, and 5-year CDs, at 3.70%.
- How do brokered CDs differ from standard bank CDs?
- Brokered CDs can often offer higher rates than standard bank CDs. However, they are brokered from other institutions, rather than issued directly. Edward Jones CDs offers brokered CDs, for example, from banks in their network.
- Are there penalties for withdrawing early from an Edward Jones CD?
- Edward Jones does not allow for early withdrawals on their CDs.
- What is the minimum investment for Edward Jones CDs?
- To open an Edward Jones CD, the minimum investment required is $1,000.
- Do I need an Edward Jones account to open a CD?
- Yes, you'll need an Edward Jones brokerage account to open a CD.
- Can I open a CD online?
- No. You must open a brokerage account with Edward Jones and work with your financial advisor to open a new CD.
- What happens if I withdraw before the term ends?
- You will need to pay a withdrawal penalty if you withdraw from your Edward Jones CD before the term ends. Edward Jones doesn't issue the penalty — instead, it will be the issuing bank who assesses the fee.
- Are Edward Jones CD rates competitive in 2025?
- Edward Jones CD rates are on par with many other banks and credit unions and are higher than the national average. The caveat is that the CDs don't compound interest, so you might be able to grow your money faster with other institutions.
Melanie Grafil, Sarah Sharkey and Caitlyn Moorhead contributed to the reporting for this article.
Rates are subject to change; unless otherwise noted, rates are updated periodically. All other information on accounts is accurate as of Sept. 15, 2025.
Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.
