Question by  jisna (9)

How do I go about cashing in savings bonds?

I have 5 bonds and don't know what to do with them?


Answer by  jon6 (488)

You can cash in savings bonds at your bank or credit union. You have to provide your social security number for tax reasons. Make sure that the bonds have matured to get the most money for them. You can look up the year and series number and find out how much they are worth on the government website.


Answer by  carrots (156)

US Savings bonds are easy to cash at your local bank where you have your checking account. You will need to endorse on reverse side at the bank with proof of ownership.


Answer by  Allstar (2071)

If you have an account at a bank or credit union, simply take the bonds in and ask to have them cashed. There are several places on the internet that will tell you what it's worth, to see if you want to wait longer for it to mature.


Answer by  lynda (95)

Before you cash in a savings bond, you should check with the Treasury Department to find out the bond's current value. To do this, you need to know the denomination, serial number and issue date of the bond. It will help to know this before you head to the bank.

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