Can You Buy CDs on J.P. Morgan?
J.P. Morgan Investing accounts provide access to a large selection of tradable Certificates of
Deposit (CDs). During our investigation, we found
over a thousand of them.
These CDs come from many different banks with FDIC insurance, which means the CDs are
insured by the FDIC up to program limits.
J.P. Morgan CD Rates
Below are several sample CD rates shown on the J.P. Morgan Investing platform:
| Issuer | Rate | Maturity Date |
|---|
| 1st Financial Bank USA | 3.80% | Jun 26, 2032 |
| Ally Bank | 3.7% | Oct 5, 2026 |
| American Express | 3.8% | Sep 21, 2027 |
| Apex Bank | 3.55% | Oct 3, 2034 |
| Banc of California | 3.75% | Dec 11, 2026 |
These CDs, along with the rest of the available choices, are simple to locate with the fixed-income screener on J.P. Morgan's website. To open this tool, click the Investments tab in the top menu and choose “Fixed income” from the drop-down window. It is located inside the Trade section.
After the search wizard opens, select the CD tab at the top so the search is limited to certificates of deposit. After this option is chosen, several search fields will appear. These include criteria such as:
- FDIC # (to specify a particular bank)
- Maturity date
- Yield to worst
- Price
- Quantity available
After entering the desired search filters, click the blue results button to view the CDs that match your criteria.
How to Buy CDs on J.P. Morgan
On the results page, each CD includes a blue trade link and a blue hyperlink for the CD’s name. Selecting the name opens a pop-up window with detailed information about the CD, including minimum denomination, interest payment schedule, and any restricted states.
Selecting the blue trade link opens the CD order ticket. The ticket is straightforward to use. Enter the quantity you want and then click the blue button to request the price. This will show details such as:
- Price (size)
- Yield to maturity
- Yield to worst
- Settlement date
If the order details look right, click the preview button for a final review, and then submit the order. An order for a brokered CD is a fill-or-kill order.
Commissions on Brokered CDs on J.P. Morgan
Buying certificates of deposit inside a J.P. Morgan account can involve costs. New issues
include a selling concession in the offering price that compensates the broker. Some brokered CDs may trade on the
secondary market. These do not have the same new-issue concession, but they do have a
$10 per trade online, plus $1.00 per bond for orders exceeding 10 bonds, up to a maximum of $250.
Other Cash Products at J.P. Morgan Investing
J.P. Morgan Investing customers can also buy shares of money market mutual funds, which are often used as cash equivalents. These funds are securities and are covered by SIPC if the brokerage firm fails, but they are not FDIC-insured and are not guaranteed against investment losses. Another important point is that money market funds at J.P. Morgan Investing have no transaction fees and no loads.
During our research on the J.P. Morgan Investing website, we found several money market funds with 7-day
yields above 3.2%. Here are some examples:
| Money Market Fund | Yield |
|---|
| Invesco Government Money Market Fund (ACZXX) | 3.38% |
| PIMCO Government Money Market Fund (AMAXX) | 3.38% |
| J.P. Morgan U.S. Treasury Plus Money Market Fund (MJTXX) | 3.18% |
Money market funds can be found quickly with JPM's mutual fund screener. Under the same Investments tab, click the link to find investments. At the top of the next page, choose the mutual fund screener instead of the ETF or stock screener. In the mutual fund search tool, select money market as the fund category.
J.P. Morgan also offers an FDIC-sweep program for uninvested cash. However, the interest rate on this option is currently only 0.01%, which makes it a very low-yield choice.
Brokered CDs at Charles Schwab
One feature missing at J.P. Morgan Investing is an auto rollover feature on its CD trade
ticket. Charles Schwab does provide this useful tool on its order form, so Schwab is definitely worth
considering.
Schwab’s CD auto rollover feature works this way: the principal from a CD that matures is automatically used to buy another CD with the same or a different maturity length. Schwab’s system handles this automatically on the CD’s maturity date. A simple radio button on the CD order ticket allows customers to enroll.
Schwab also offers stronger learning materials for fixed-income products, including CDs, compared to J.P. Morgan. On Schwab’s website, for example, we found many articles and some videos covering a broad range of fixed-income securities. Its CD page includes helpful information on certificates of deposit, including Frequently Asked Questions that many CD investors are likely to have.
After reviewing the educational material, finding CDs to trade at Schwab is very simple. The brokerage firm offers both primary and secondary CDs, with the former type carrying zero commissions. Switching between the two categories on the website’s CD screener is easy, and the tool is very user-friendly. Search filters include yield to worst, call status, maturity date, and yield to maturity. During our test drive of the screener, we found it easy to use.
CDs at Schwab can be traded in brokerage accounts with different tax structures, including many that aren’t available at J.P. Morgan Investing. Schwab offers estate, small business, Coverdell, and retirement accounts. Most account types can be opened very fast using an online form on Schwab’s website. The process takes just a few minutes.
In addition to self-directed accounts, CDs are also available in full-service advisory accounts with Schwab. One of these accounts can be opened at a local Schwab branch. There are hundreds throughout the U.S.
Get The Best CD Rates Today
Visit Schwab Website
Charles Schwab CD Rates
Schwab customers can find some very competitive CD rates. We found some certificates of deposit
above
3.95%. Here are some examples:
| Bank | Maturity date | Yield |
|---|
| Raymond James | 5/8/2029 | 4.05% |
| Bank of America | 5/8/2029 | 4.05% |
| Morgan Stanley | 5/7/2029 | 4.10% |
| Raymond James | 5/6/2030 | 4.25% |
| Morgan Stanley | 5/6/2030 | 4.25% |
Learn more about Charles Schwab CDs or read detailed Charles Schwab Review
Updated on 8/31/2026.
Chad Morris has been analyzing investment firms for Brokerage-Review.com since 2015. Backed by FINRA Series 65, 66, and SIE credentials, his work reflects a deep knowledge of the retail brokerage industry and digital trading tools.
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