Note: Edward Jones CD rates change frequently. Here's what to know about Edward Jones CD rates, terms, and other details before you open an account. If you're looking to use CDs as part of your savings strategy, Edward Jones' brokered CDs may be worth considering. Instead, you would sell your CD on the secondary market if you needed the money before your term ends. This approach allows you to open CDs with several institutions at once.īrokered CDs typically have higher interest rates than traditional CDs (though they don't compound interest), and they don't charge early withdrawal penalties. It offers a wide range of products and services, including certificates of deposit, or CDs.Įdward Jones CDs are unique because they are brokered CDs - meaning Edward Jones purchases CDs from other financial institutions, then passes them onto you. Edward Jones is a financial advisory firm and investment company.
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