Edward Jones credit cards
Use your Edward Jones credit card to earn and redeem Loyalty Points® for cash deposits into your Edward Jones account
What is an investment credit card?
An investment credit card enables you to make and charge purchases or payments, while earning rewards, such as points or cash back, that you can directly deposit into your investment account to buy securities, like stocks, bonds and mutual funds. Investment credit cards are also referred to as brokerage credit cards.
One major benefit of an investment credit card is that it is a passive investment tool, meaning it’s another way to save money and/or increase your investments, without having to change your savings habits since you are investing money you didn’t originally have. It, however, can change your spending habits in a positive way, encouraging you to align your charges with rewards according to your card’s terms and limitations, helping you make the most of your spending.
How does an investment credit card work?
An investment credit card basically functions like most credit cards that offer rewards for your spending activity. You can use it to make purchases or payments and earn rewards according to the terms and conditions of your card. Some firms offer cash back while others award points for every dollar you charge. Those reward points can be redeemed for gift cards, travel, merchandise or even cash, which can be deposited into your brokerage account to fund investments.
Typically, financial services companies offer bonus dollars or points when you open an account and may even offer an introductory offer like Edward Jones for balance transfers or other special deals.
In most instances, there is a
You will want to read the fine print to understand the specifics of how your credit card works, and what and how you can use earned rewards.
Can I use an investment credit card if I have a brokerage account?
You can use an investment credit card to invest your rewards in a brokerage account in many cases, especially if it is offered by or in partnership with a brokerage firm with which you have an account, and your account is in good standing. It’s another way to add to your investment portfolio. Be sure to read the terms and conditions of your card to understand how you can use your card and any earned rewards. Reach out to your Edward Jones financial advisor with any questions.
Why should I consider an Edward Jones investment credit card?
Edward Jones credit cards have a number of features that are attractive whether you are a seasoned investor or someone who is just beginning to invest.
- Enjoy no annual fee1,2 with our World1 and World Plus2 Make one purchase per year for no annual fee3 with our Business Card.
- Use your Edward Jones credit card to earn and redeem Loyalty Points® for cash deposits into your Edward Jones account to help you invest and build your future.
- Our World Card offers 0% introductory APR for the first 12 billing cycles on balance transfers; after that a variable APR, currently 17.99%.1 Also get 0% introductory fee for balances transferred within the first 60 days of opening the account to help you pay down existing debt; after that a balance transfer fee of 3% of each transferred amount ($5 minimum) will apply. 1
- Take advantage of using your Edward Jones credit card to pay your bills online and enjoy contactless payments. Add your card to your mobile wallet for easy digital payments.
- Manage your budget by tracking your expenditures through Spend Analysis, a free online tool to help track personal spending.
- Benefit from zero fraud liability4 and enhanced theft protection. In addition, free credit score5 and Travel Accident Insurance6 with trip cancellation.
- Access cash when you need it worldwide and manage your account from anywhere at edwardjonescreditcard.com.
- Other points to consider: No other credit card takes into consideration your Edward Jones relationship and assets to help in the approval process or where you can go to your branch for support. Edward Jones branches have a dedicated line to customer support for any credit card questions.
What investment credit cards does Edward Jones offer?
Edward Jones offers two investment credit cards for personal use.
| Edward Jones World Mastercard® | Edward Jones Plus Mastercard® | |
|---|---|---|
| Introductory APR | 0% introductory APR for the first 12 billing cycles on balance transfers; after that a variable APR, currently 17.99%.1 | 19.99% to 29.99% APR for purchases and balance transfers based on creditworthiness. |
| Balance Transfer Fee | 0% on balances transferred within the first 60 days. After that, a balance transfer fee of 3% of each transfer amount ($5 minimum) will apply.1 | 3% of each transferred amount ($5 minimum) will apply. 2 |
| Annual Fee | $0 | |
| Foreign Transaction Fee | 1% of each foreign transaction | $0 |
| Loyalty Points | 1 Loyalty Point earned for every eligible dollar you spend. | 1.5 Loyalty Points® earned for every eligible dollar you spend on eligible net purchases up to $20,000. |
| Bonus Loyalty Points | 4 Bonus Loyalty Points® per $1 spent on prepaid hotels and car rentals that you book in the Rewards Travel Center. | |
| How to Apply | Apply with your financial advisor or online (Visit the Loans & Credit section within the Accounts tab to proceed). | |
What can I use Loyalty Points® For?
You can redeem points for cash deposits into your Edward Jones account through
With Loyalty Invest, you can setup automatic redemption of your Loyalty Points to cash deposits into your Edward Jones account. Once you reach 5,000 points, $50 will automatically be deposited into an account of your choice. Set it and forget it. It’s a great way to save towards a goal…travel, investment, house project, etc.
If I don’t have an Edward Jones investment credit card, how can I get one?
If you are already an Edward Jones customer and know which card you want to apply for, you can log in to apply online. Visit the Loans & Credit section within the Accounts tab to proceed. You can refer to the following frequently asked questions document online if you have additional questions about using an Edward Jones Mastercard® or discuss your questions with your financial advisor.
If you are an existing Edward Jones customer, but you have questions about Edward Jones various cards, you may want to take a few minutes to learn more and even compare them before you decide which card might work for you. Remember, you are always welcome to consult with your Edward Jones financial advisor about your card options, qualifications and which card will work best for your circumstances.
If you are new to Edward Jones, you can get started by choosing an Edward Jones financial advisor, who will guide you through the application process. Typically, you will need to have or open an Edward Jones investment account to qualify. Usually, companies use a credit report to obtain much of the information they need to determine if you qualify. It’s always a good idea to know your current standing before you start such a process. You can request your own free credit report by going to annual credit report.com or calling 877-322-8228. Once you get your report, if you would like more tips on how to raise your score, contact an Edward Jones advisor. Also, before applying, be sure to unfreeze your credit report at each of the three bureaus—Experian, TransUnion and Equifax.
If I get an Edward Jones investment credit card, how can I best protect myself from fraud?
If you have a credit and/or debit card of any kind, even a bank account, you are at risk for fraud, scams and theft. There are a number of things you can do to protect yourself.
- Choose a card that offers zero fraud liability, such as Edward Jones World Plus Mastercard ® or Edward Jones World Mastercard®.
- Never give out your account number, Social Security number or other private information over the phone unless you initiate the call – even then, make sure you are in a private area and speaking quietly.
- Review your statement each month as soon as you receive it to ensure there is no fraudulent activity.
- Pay attention to every transaction on your statement. Look for anything that does not align with your recent activity.
- Sign up for email or text alerts to notify you of purchases over a certain dollar amount or even each time there is a purchase with your card.
- Use a cross-cut shredder to securely dispose of statements, receipts, credit card offers and other documents containing personal information.
- Cut up your expired cards and dispose of them in different trash containers if possible.
- Choose a personal identification number (PIN) and security questions/answers that are difficult to guess but easy for you to remember.
- If you suspect fraud or need to report a missing Edward Jones credit card, please call Cardmember Services immediately at 1-866-874-6711 (business 1-866-874-6712).
- You can also find more information about how to protect yourself on our website.
- Contact customer service – For questions about your account or to report a stolen card, call 1-866-874-6711 (business 1-866-874-6712) to reach Cardmember services. If you would rather email Cardmember Services, log into your account, to the Services page, select “Contact Us” and then click on the “Email Us link.”
Important information:
1The Edward Jones World Card: The 0% introductory APR applies to balance transfers (made within 60 days of account opening) and is valid for the first 12 billing cycles. The introductory rate does not apply to purchases and cash advances. Thereafter, the APR may vary, and as of 5/5/23, the undiscounted variable APR for balance transfers is 17.99%. The variable APR for purchases is 17.99%. The variable APR for cash advances is 29.99%. Cash Advance fee: 5% of each advance amount, $10 minimum. Convenience Check fee: 3% of each check amount, $5 minimum. Cash Equivalent fee: 5% of each cash amount, $10 minimum. There is a 0% introductory balance transfer fee on balances transferred within the first 60 days of account opening. After that, a balance transfer fee of 3% of each transfer amount ($5 minimum) will apply. There is a $1 minimum interest charge where interest is due. The annual fee is $0. Foreign Transaction fee: 1% of each foreign purchase transaction or foreign ATM advance transaction. We apply your minimum payment to balances with lower APRs first, including promotional APRs. Amounts paid over the minimum payment will be applied in the order of highest to lowest APR balances. If you take advantage of this offer, you may not be able to avoid interest on purchases, even if your offer has a 0% APR. You can avoid interest on purchases if you pay your entire account balance, including any balances you create with this offer, in full by your due date each month.
2The Edward Jones World Plus Card: The APR may vary, and as of 5/5/23, the variable APR for Purchases and Balance Transfers is 19.99% - 29.99% (based on your creditworthiness). The variable APR for Cash Advances is 29.99%. Cash Advance fee: 5% of each advance amount, $10 minimum. Convenience Check fee: 3% of each check amount, $5 minimum. Cash Equivalent fee: 5% of each cash amount, $10 minimum. Balance Transfer fee: 3% of each transfer amount, $5 minimum. There is a $1 minimum interest charge where interest is due. The annual fee is $0. The Foreign Transaction fee is $0.
3The Edward Jones Business Plus Card: The 0% introductory APR applies to balance transfers (made within 60 days of account opening) and is valid for the first 12 billing cycles. The introductory rate does not apply to purchases and cash advances. Thereafter, the APR may vary and as of 5/5/23, the undiscounted variable APR for Balance Transfers is 19.99% - 29.99% (based on your creditworthiness). The rate will end early and increase to the APR for Balance Transfers or to a Penalty Rate APR if you make a late payment, make a payment that is returned, or your account exceeds its credit limit. The variable APR for Purchases is 19.99% - 29.99% (based on your creditworthiness). The variable APR for Cash Advances is 29.99%. The Penalty APR is 32.24%. Cash Advance fee: 4% of each advance amount, $10 minimum. Convenience Check fee: 3% of each check amount, $5 minimum. Cash Equivalent fee: 4% of each cash amount, $10 minimum. There is a 0% introductory balance transfer fee on balances transferred within the first 60 days of account opening. After that, a balance transfer fee of 3% of each transfer amount ($5 minimum) will apply. There is a $1 minimum interest charge where interest is due. The annual fee is $0 if you make one purchase per year, otherwise $25. The Foreign Transaction fee is $0. We apply your payments to balances with lower APRs first, including promotional APRs. If you take advantage of this offer, you may not be able to avoid interest on purchases, even if your offer has a 0% APR. You can avoid interest on purchases if you pay your entire account balance, including any balances you create with this offer, in full by your due date each month.
4Elan Financial Services provides zero fraud liability for unauthorized transactions. Cardmember must notify Elan Financial Services promptly of any unauthorized use. Certain conditions and limitations may apply. Visit mastercard.us/zeroliability for more information.
5Free credit score access, Alerts and Score Simulator through TransUnion’s CreditView™ Dashboard are available to Elan Online Access customers only. Alerts require a TransUnion database match. It is possible that some enrolled members may not qualify for the Alert functionality. Free credit score access is not available in the Mobile App. The free VantageScore® credit score from TransUnion® is for educational purposes only and not used by Elan Financial Services to make credit decisions.
6Worldwide Travel Accident Insurance: You and your eligible dependents are each covered for Accidental Death and Dismemberment Insurance, at no extra cost, whenever you have charged to your Edward Jones World or World Plus Mastercard card the entire cost of your travel fares on a common carrier (train, plane, bus or ship). Restrictions and limitations apply. Upon approval, please refer to your Mastercard Guide to Benefits for details.
The creditor and issuer of the Edward Jones Mastercard is Elan Financial Services, pursuant to a license from Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. © 2023 Elan Financial Services.