Edward Jones
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Edward Jones 1 Year CD Rates
| Type | Fixed |
| Rate | 0.85% |
| Currency | USD |
Website: https://www.edwardjones.com
Authority: Edward Jones is a US based financial services firm and along with its financial advisor branch network nationwide has 7 million customers in 14000 locations.
How to open an Edward Jones Certificate of Deposit
- You cannot purchase a CD directly online individually like you can from some online banks, but rather you can only access this product through their financial advisors or services. For further information you can contact client relations on: Call 800-441-2357
Information about Edward Jones 1 year CD Rates
Edward Jones maintains a primary (New CDs) and secondary market to purchase CDs. Edward Jones offer brokered CDs from numerous banks and thrifts nationwide as so acts as a broker to market these CDs. Edward Jones will advise you the names of the Issuers currently from its Primary Market (New CDs) as well as the the date on which your CD will be established. Also upon request, you will be provided with financial information about the bank or thrift that you would receive upon request if you established a deposit account directly with the bank/thrift. Please note that Edward Jones does not guarantee in any way the financial condition of any bank/thrift.
CDs for a 1 year term offer a higher risk premium than 1 month but less than longer term CDs of 5 year which would affect the yield. While the federal reserve may influence CDs when it raises or lowers the funds rate, a brokered 1 year CD will also be significantly affected by the overall demand from many banks/thrifts desire to build up deposits and therefore bid up rates to attract depositors.
Advantages of Edward Jones over Banks
On its website it lists its advantages as because they are a broker they canoffer CDs from multiple banks to diversify CD holdings as well as can be sold on the secondary market on any business day.
Specific terms about this Edward Jones 1 year CD
The rate is applicable for the 1 year CD product with a minimum $1,000 deposit. The product is bank/thift issued and is FDIC insured.
The rate of 0.85% is 0.54% lower than the average 1.39%. Also it is 3.8 % lower than the highest rate 4.65 Updated Mar, 2022
Website: https://www.edwardjones.com
Authority: Edward Jones is a US based financial services firm and along with its financial advisor branch network nationwide has 7 million customers in 14000 locations.
How to open an Edward Jones Certificate of Deposit
- You cannot purchase a CD directly online individually like you can from some online banks, but rather you can only access this product through their financial advisors or services. For further information you can contact client relations on: Call 800-441-2357
Information about Edward Jones 1 year CD Rates
Edward Jones maintains a primary (New CDs) and secondary market to purchase CDs. Edward Jones offer brokered CDs from numerous banks and thrifts nationwide as so acts as a broker to market these CDs. Edward Jones will advise you the names of the Issuers currently from its Primary Market (New CDs) as well as the the date on which your CD will be established. Also upon request, you will be provided with financial information about the bank or thrift that you would receive upon request if you established a deposit account directly with the bank/thrift. Please note that Edward Jones does not guarantee in any way the financial condition of any bank/thrift.
CDs for a 1 year term offer a higher risk premium than 1 month but less than longer term CDs of 5 year which would affect the yield. While the federal reserve may influence CDs when it raises or lowers the funds rate, a brokered 1 year CD will also be significantly affected by the overall demand from many banks/thrifts desire to build up deposits and therefore bid up rates to attract depositors.
Advantages of Edward Jones over Banks
On its website it lists its advantages as because they are a broker they canoffer CDs from multiple banks to diversify CD holdings as well as can be sold on the secondary market on any business day.
Specific terms about this Edward Jones 1 year CD
The rate is applicable for the 1 year CD product with a minimum $1,000 deposit. The product is bank/thift issued and is FDIC insured.
The rate of 0.85% is 0.54% lower than the average 1.39%. Also it is 3.8 % lower than the highest rate 4.65 Updated Mar, 2022
Type
Fixed
Rate
0.85%
Currency
USD
Q: What percentage do u charge for a 1 year CD of $10,000
Q: What is my cost on a 1 yr $150.000.00 C.D.?
Q: What is my total cost to buy a one year $100,000 cd from Edward Jones at 2.4 %, what is my cd payout after one year
Q: I see that you're when your CD is 2.35%? Do you have any additional incentives for someone moving money from another institution? Also, is there any minimum? Finally, what are your money market? Thank you, Greg
R: I think you will notice that its $1000 minimum deposit on all terms from 3 months to 10 years.
Q: What is the fee to purchase a 2 year CD for $5000. ?
Q: I just spoke to an Edward Jones Broker about the possibility of purchasing cd's. What is the fee for this service
R: What is the fee for a 2 year CD for $5000.
Q: What is the commission on a one year cd
Q: What is my cost to obtain a $100,000 12 month CD from Edward Jones?
Q: how much daily interest does ed jones pay on their CDs $40.000
Q: I currently have a non-spousal inherited IRA with Synchrony Bank. The interest rate is 1.25% for a one year CD. Do you have something better to offer?
Q: What are the IRA CD Rate