Edward Jones sells certificates of deposit only in brokered form: CDs issued by banks, bought through an Edward Jones financial advisor and held in an Edward Jones account. Its CD rates are annual percentage yields (APYs), posted term by term on a dated rates page and quoted net of all commissions. The interest is simple and paid out, nothing renews by itself, and the usual way out before maturity is a sale. Edward Jones is paid through a selling concession built into a new issue's price, or a commission, markup or markdown that its disclosure caps at 2% of the amount bought and 0.75% of the amount sold; in an advisory account, through asset-based fees instead.
This page prints no Edward Jones rate. Its terms come from the firm's Certificate of Deposit Disclosure Statement (revised May 2025), its brokerage services disclosure and compensation guide (both September 2026) and its product pages, all read on 14 October 2026. The general mechanics are on what a brokered CD is and brokered CD vs bank CD.
Where Edward Jones posts its CD rates
Edward Jones's current rates page lists FDIC-insured CDs "for terms from 3-months through 10-years", with an APY against each term that has one, under a "Current rates – as of" date. Checked on 14 October 2026, the table was dated 9 October; two terms showed N/A. The footnotes matter more: "APY interest cannot remain on deposit; periodic payout of interest is required"; "Yields quoted are net of all commissions"; rates are "subject to availability and price change" and may not be available in all states; and "Early withdrawal may not be permitted."
For a yardstick, how to read a CD rate table sets out the FDIC's national averages. The CD rates calculator models paid-out interest with its payout box; its early-exit estimate models a bank's penalty, not a sale.
What Edward Jones sells
Every CD Edward Jones offers is brokered, its CD page says: "issued by a bank but purchased through a brokerage firm rather than directly from the bank". Each is "a direct obligation of the Issuer", not of Edward Jones, and may reach clients through an arrangement with another broker-dealer. The issuers are banks and thrifts nationwide, from a network list that Edward Jones says "frequently changes"; the advisor says what is available.
- New issue or secondary. Bought when first issued, or later in the secondary market, where Edward Jones may sell from its own inventory.
- Size. Minimums and increments of $1,000: "Edward Jones requires a $1,000 minimum."
- Type. Interest-bearing CDs pay a fixed rate. Zero-coupon CDs, sold at a substantial discount and paying the par amount at maturity, may also be offered; this page covers the interest-bearing kind.
- Custody. No passbook or certificate. Master certificates sit at The Depository Trust Company (DTC); Edward Jones keeps the ownership records and confirms each purchase in writing. You can move a CD to another DTC-member agent, or ask to be recorded on the bank's books, subject to the law and its terms.
How you buy: through a financial advisor
Edward Jones presents its CDs as coming with "advice and guidance from your personal financial advisor". A brokerage client generally opens a Select Account. It has no minimum to open, though some investments have purchase minimums, and it is non-discretionary: the advisor "may offer education, advice and recommendations", but "you make all yes/no decisions on which investments to buy and sell", paying transaction costs on each trade. The Online Access page lists viewing holdings, messaging, documents, transfers and bill payment; none of the pages read says a CD can be bought online.
CDs also fit some fee-based advisory accounts: the Guided Solutions Flex Account, for accounts of $50,000 or more, and, where available, the Financial Advisor Managed Solutions Account. A new-issue CD bought there carries no commission; instead the account pays a Program Fee of up to 1.35% a year and a Platform Fee of up to 0.05%, both on the market value of all assets in the account and charged monthly in arrears, with higher-value accounts generally paying lower rates.
What Edward Jones is paid on a CD
The firm's pay depends on whether a CD is new or secondary, whether Edward Jones acts as principal (trading from or into its own inventory) or as agent, and the account.
| Trade | How Edward Jones is paid | Where you see it |
|---|---|---|
| New issue, Edward Jones as principal | A selling concession built into the offering price | The trade confirmation, shown as a markup |
| New issue, Edward Jones as agent | A commission | The trade confirmation |
| New issue in a fee-based account | No commission; the account's asset-based fees apply | The account's Program and Platform Fees |
| Secondary purchase, Select Account | A commission or markup, up to 2% of the amount bought | The trade confirmation; a markup is inside the price |
| Sale before maturity, Select Account | A commission or markdown, up to 0.75% of the amount sold | The trade confirmation; a markdown is inside the price |
- Markups. A markup is Edward Jones selling from inventory "at a price that is higher than the prevailing market price"; a markdown is the reverse on a sale. Its fixed income fees page says the charge "typically ranges up to 2%" on buys and up to 0.75% on sells; the brokerage disclosure says a trade's size and maturity date can mean a lower rate, and the advisor may sometimes discount it.
- New issues. Beyond the selling fee, the firm "may also receive an underwriting fee and management fee", and the outside entity arranging an offering may receive a fee from the issuing bank.
- Inventory. The firm adjusts the prices of CDs it holds as rates move and "can earn profits or incur losses"; its brokerage disclosure lists principal trading as a conflict that can create an incentive to recommend an inventory security "that is difficult to sell".
The advisor's share. In a Select Account the advisor receives part of each commission, markup or markdown, and "generally receives between 36% and 40% of the revenue Edward Jones receives from the transactional revenue" and certain ongoing payments from the account's activity. Advisors with less tenure may receive less, and payout varies with the type and amount of the investment.
What the maximums mean in dollars (illustrative)
The caps are ceilings, not what a given trade costs; the confirmation shows the actual charge. As an illustration only: $10,000 of face value of a secondary CD at an illustrative market price of 100.00, bought and later sold at that price, with both charges at their maximums. Both percentages are taken on market value: the compensation guide's bond-purchase example does so for its 2% markup, and the markdown is assumed to follow, as no document read shows one. Accrued interest, and any other fee on the confirmation, are left out.
| Illustrative, at the disclosed maximums | Amount |
|---|---|
| Market value of $10,000 face at 100.00 | $10,000.00 |
| Markup, at the 2% maximum | $200.00 |
| Price paid, 102.00 | $10,200.00 |
| Markdown on a later sale at 100.00, at the 0.75% maximum | $75.00 |
| Sale proceeds | $9,925.00 |
| Both charges together | $275.00 |
The disclosure counts any confirmation price above 100.00 as a premium, which is not FDIC-insured, and at maturity the bank repays the $10,000 face value, not the $200. The $200 also weighs more on a short CD. Against an illustrative 4.00% coupon, $400 a year, it is half the interest on a CD with one year left, taking the return on the $10,200 paid to about 1.96%; over five years it is a tenth of each year's interest, leaving about 3.53% a year. Both are simple, held to maturity: interest plus face value, less the price paid, over that price, spread evenly over the years. On a new issue sold with Edward Jones as principal, nothing is added to the offering price: the selling concession is already inside it, and the confirmation displays its amount as a markup.
Interest: simple, paid out, never compounded
"Interest on CDs is not compounded", the disclosure says. On a new issue it is counted on actual days over a 365-day year, so payments vary slightly with the days in each period: on $10,000 at an illustrative 4.00%, 182 days pay $199.45 and 183 days $200.55, together $400.00. A secondary CD may use another calculation.
Interest is paid monthly, quarterly, semi-annually or annually, and at maturity, depending on the issuer and the CUSIP; the CD page says CDs maturing in under a year usually pay at maturity. It is credited automatically to your Edward Jones account and can go into a money market or insured bank deposit account there the day it is paid. The rates page notes that Edward Jones's own money market fund is not insured or guaranteed by the FDIC.
Tax. Outside an IRA, the IRS lists CD interest among its examples of taxable interest. The disclosure's tax summary, written for original purchasers only, says a sale realises a gain or loss; the IRS timing rules are summarised on what a brokered CD is.
At maturity: no automatic renewal
"The CDs will not be automatically renewed or rolled over", the disclosure says. Interest stops, and the balance is generally credited to your Edward Jones account. An Edward Jones explainer on CDs in general says a CD left alone at maturity "may get automatically reinvested into a new CD"; the disclosure for the CDs the firm sells says the opposite. Staying in CDs means a new purchase at each maturity, which in a Select Account carries its own selling concession, commission or markup; the CD ladder guide covers spacing those maturities.
Getting out before maturity
Money cannot be added to a CD, and "except as set forth below, no early withdrawals of interest-bearing CDs will be available":
- Death or incompetence. On the owner's death or adjudicated incompetence, early withdrawal of the whole CD "will generally be permitted without penalty, subject to limitations", which are not listed. No partial withdrawal is allowed, written verification is generally required, and Edward Jones neither advances the money nor promises a date. The disclosure does not use the term survivor's option.
- Not for IRA distributions. A CD in an IRA is "not eligible for early withdrawal simply because" required distributions must begin; the disclosure points to matching maturities or to the secondary market. Its stated starting age is outdated; the current ages are on what an IRA CD is.
Otherwise you sell. The CD page says CDs "can be sold in the secondary market on any business day"; the disclosure is more guarded. Edward Jones may make a market but need not, and if it does not, may try another broker-dealer's. It "cannot provide assurance that you will be able to sell your CDs prior to their maturity", and the market can be discontinued without notice. The price will likely turn on the CD's denomination, rate movements, time left and market conditions, may reflect a markdown, and can fall below face value or below your statement's estimate, which comes from a matrix or model price. As the CD page puts it, when rates rise CD prices can fall, and FDIC insurance does not cover losses in market value.
Selling a brokered CD before maturity covers how such a sale works and why its price moves with rates; brokered CD vs bank CD prices it against a bank's penalty, whose usual shapes are on CD early withdrawal penalties.
Callable CDs
Some CDs can be redeemed "at the sole discretion of the Issuer" on dates shown in the trade confirmation, paying principal and interest up to, but not including, the call date, and nothing after. A call is most likely, the disclosure says, when prevailing rates are below the CD's rate. The risks it lists: a return below the hold-to-maturity yield, reinvesting at a lower rate, or a CD never called that may have to be held to maturity. Edward Jones will make reasonable efforts to warn you, but a call stands without that notice, and a callable CD bought above par on the secondary market may repay only par.
Insurance: the FDIC at the bank, SIPC at Edward Jones
Edward Jones "is not a bank or FDIC-insured institution"; insurance on its brokered CDs comes from the issuing banks on a pass-through basis, "which requires certain conditions to be met for coverage to apply", and are CDs FDIC insured sets those conditions out. The limit, in Edward Jones's words, is $250,000, principal and interest accrued but not yet paid, per depositor, per depository institution, for each account ownership category. The disclosure adds:
- The adding-up is yours. Everything you hold at the issuing bank in the same capacity counts together, whether held directly, through Edward Jones or through another intermediary, and buying a CD counts as a representation that you are within the limit.
- Premiums are not insured, including any in your statement's estimated value.
- After a failure the FDIC has no set time to pay, no interest is earned meanwhile, and a bank that takes over the deposits may lower the rate before telling you.
- House caps. Edward Jones limits purchases of one issuer's CDs to a single $250,000 in a retirement plan account, and to $250,000, or $500,000 for joint trusts, in a trust account.
If the brokerage fails, SIPC provides $500,000 of coverage for missing securities, including $250,000 for cash awaiting reinvestment. Edward Jones also buys additional protection, covering only theft, misplacement, destruction, burglary, embezzlement or abstraction. Neither covers market losses, and the page puts the aggregate protection limit for all claims at $900 million.
CDs in an Edward Jones IRA
Edward Jones's traditional and Roth IRA pages both list CDs as eligible investments. Its IRA fee schedule (January 2026) charges $75 a calendar year for a traditional or Roth IRA and $40 for SEP and SIMPLE IRAs, not prorated, waived for pricing groups with $250,000 or more in assets under care and not charged on advisory accounts. One issuer's deposits held in an IRA are insured up to $250,000 in aggregate, the disclosure says. Tax on a traditional IRA's interest is generally postponed until distribution; in a Roth IRA, interest generally accumulates tax-free.
What to confirm with the advisor before ordering
- The issuing bank, and what you already hold there in the same ownership category.
- New issue or secondary, and on a secondary CD the price against 100.00.
- Every charge on the confirmation: selling concession, commission, markup or markdown, and any other fee.
- Callable or not, and the call dates.
- The interest schedule.
- The maturity against the date you need the money: nothing renews, and a sale has no assured buyer.
- The account: per-trade costs in a Select Account, asset-based fees in an advisory one, the annual fee in an IRA.
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