How Do You Buy A Savings Bond For A Baby?

  • Go to www.treasurydirect.gov.
  • Log into your TreasuryDirect account (or open one in your name).
  • Purchase the type of savings bond you wish (Series EE or Series I), in the desired denomination ($25 to $10,000).
  • Deliver the savings bond gift to the recipient’s TreasuryDirect account.

Can you still buy a savings bond at a bank?

Traditionally, you could buy U.S. Savings Bonds at banks and credit unions, but that option ended in 2012. The U.S. Treasury only allows U.S. savings bond purchases online or as part of your tax refund. You still can redeem paper savings bonds at most financial institutions.

How much does it cost to buy a $50 savings bond?

You can buy electronic bonds in any denomination between $25 and $10,000, down to the penny. They’re bought at face value: A $50 bond costs $50. Interest begins to accrue at the point of purchase.

How long does it take for a $50 savings bond to mature?

For example, the paper certificate versions of Series EE savings bonds are issued at half of the face value. A $100 Series EE bond would cost you $50 at the time of purchase and could take up to 20 years to mature to $100.

How do I purchase a savings bond for someone else?

Method 2 Buying U.S. Savings Bonds Online

  1. Click on “Open an Account” and then “TreasuryDirect”.
  2. Enter your personal information.
  3. Construct a password.
  4. Confirm your TreasuryDirect account.
  5. Log on to your Treasury Direct account to buy bonds.
  6. Select the owner of the bond.
  7. Choose the bond series you want to buy.