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expired Posted by dn90003 • Dec 12, 2021

US Treasury Series I Savings Bonds Inflation Rate Earnings (Nov '21 - April '22)

(Limit $10K/Year Per Person)

7.12% Interest

3,499 Comments 1,448,150 Views
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Note: This popular deal is still available.

U.S, Government Treasury is currently offering 7.12% Interest Rate in combined Fixed + Inflation Rate Earnings valid on newly issued Series I Savings Bonds purchased from November 2021 through April 2022. Limit of $10,000 / year in interest earnings per person.

Thanks to community member dn90003 for sharing this offer.

About this offer:
  • How do I buy a Series I bond?
  • What is a Series I bond? (source)
  • "A savings bond that earns interest based on combining a fixed rate and an inflation rate."
  • You may use Series I bonds to:
    • Save in a low-risk product that helps protect your savings from inflation
    • Supplement your retirement income
    • Give as a gift
    • Pay for education
    • Click here for more information about Series I Bonds
  • What interest does a Series I bond earn? (source)
    • A combination of a fixed rate that stays the same for the life of the bond and an inflation rate that is set twice a year.
    • For bonds issued from November 2021 through April 2022, the combined rate is 7.12%

Editor's Notes

Written by BostonGirl
Refer to the forum thread here for more information and details.

Original Post

Written by dn90003
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Note: This popular deal is still available.

U.S, Government Treasury is currently offering 7.12% Interest Rate in combined Fixed + Inflation Rate Earnings valid on newly issued Series I Savings Bonds purchased from November 2021 through April 2022. Limit of $10,000 / year in interest earnings per person.

Thanks to community member dn90003 for sharing this offer.

About this offer:
  • How do I buy a Series I bond?
  • What is a Series I bond? (source)
  • "A savings bond that earns interest based on combining a fixed rate and an inflation rate."
  • You may use Series I bonds to:
    • Save in a low-risk product that helps protect your savings from inflation
    • Supplement your retirement income
    • Give as a gift
    • Pay for education
    • Click here for more information about Series I Bonds
  • What interest does a Series I bond earn? (source)
    • A combination of a fixed rate that stays the same for the life of the bond and an inflation rate that is set twice a year.
    • For bonds issued from November 2021 through April 2022, the combined rate is 7.12%

Editor's Notes

Written by BostonGirl
Refer to the forum thread here for more information and details.

Original Post

Written by dn90003

Community Voting

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Top Comments

sdpoker
Looks tempting. But these are only rated for inflation as fixed rate is 0%. Once inflation is back down, your rate will go down with it.
In case you're wondering, here's how the rate is computed:
Composite rate =
webbiedo
No, these are govt bonds. They stay in the treasury. I bonds are based on the rate of inflation. They have a fixed rate plus the current rate of inflation. Inflation goes up, you earn more. It was 3.54%. Rates went up on 11/1. To realize the full benefit you need to buy before the rates change on 5/1 and 11/1. No fees or penalties. Hold for a min.of a year. If you cash out in less than 5 years you forfeit 3 months interest. After 5 years, you don't pay anything. You can only buy $10k/yr and then up to an additional $5k if purchased directly from your tax refund.
I bought $10k in denominations of 2,3, 5 so if I want to cash out I can do it in chunks instead of having to cash out $10k.: Better than any CD or bank rate if you want to stay in cash.
foxfai
By the way, using your tax refund to purchase bonds won't count toward your $10k yearly limit.

https://www.treasurydirect.gov/in...eature.htm

3,499 Comments

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Dec 12, 2021
1,183 Posts
Joined Mar 2005
Dec 12, 2021
acegolfer
Dec 12, 2021
1,183 Posts
Quote from chucktaylur :
I hate this website. I cant figure out how to find my account with an ach. Can it be done on this site or it has to be pushed from my banks website?
It's better to pull from TD.gov. To link bank acct, just need your bank routing number/acct number.
Dec 12, 2021
730 Posts
Joined Sep 2013
Dec 12, 2021
chucktaylur
Dec 12, 2021
730 Posts
Quote from acegolfer :
It's better to pull from TD.gov. To link bank acct, just need your bank routing number/acct number.
I had my checking linked to td.gov during sign up process. Im not seeing an option to pull from my bank on the td.gov website.
Dec 12, 2021
997 Posts
Joined Mar 2014
Dec 12, 2021
DeeDon
Dec 12, 2021
997 Posts
Quote from KMan :
Low risk? How about NO risk? The US government has never defaulted on a security, like, EVER. Its value might go down over time so there's a secondary market risk, which is true of nearly any security, plus the rate appears to be floating so you lock in nothing, but the underlying security itself is as safe as it gets.

That said, 7%? When did that happen in an era of near-0% prime rates?
I remember back in the late 90's the Treasury bonds were around this level. I don't remember if they were I or EE bonds and what the prime rate was, though. This was before the dot com crash. I was criticizing my Mom for wasting her money on bonds when tech stocks were yielding at least 50%...guess who eventually ate his words a few years later...
1
Dec 12, 2021
430 Posts
Joined May 2012
Dec 12, 2021
Marc25
Dec 12, 2021
430 Posts

Our community has rated this post as helpful. If you agree, why not thank Marc25

Quote from sd8384 :
Exactly! People are spending money like there is no tomorrow which is causing high inflation. This is government's way to incentivize people to start saving and taking the money out of circulation to reduce inflation. It is good effort in my opinion - a controlled implosion is coming (a drastic interest rate hike or fed abruptly stop buying securities etc..) to set system right otherwise inflation is here to stay for 3-5 year
People spending isn't the cause for our current inflation or long term inflation... Artificially low rates, regulations and policies causing supply issues and borrowing and printing cash does.
1
1
Dec 12, 2021
39 Posts
Joined Nov 2013
Dec 12, 2021
wheresthegoodstuff
Dec 12, 2021
39 Posts
Quote from thehash :
that's the type of thinking we had with real estate pre 2008. LMAO
the downvotes makes me worry there's a rather large amount of people in for a rude awakening that are still ignoring the inflation we're currently experiencing.
Dec 12, 2021
508 Posts
Joined Oct 2005
Dec 12, 2021
cdryuncle
Dec 12, 2021
508 Posts
Quote from Tuckin :
Voyager I get 9% on usdc $1=$1… I'm okay with that
I love how they borrowed Voyager name from Vanguard for legitimacy. The crypto portion there or anywhere is not FDIC insured, even for "stable coins". Treasury Direct ibonds you can't lose money. Different investments and you can have both.
Dec 12, 2021
12,310 Posts
Joined Jan 2007
Dec 12, 2021
MadPup
Dec 12, 2021
12,310 Posts
Any votes for stablecoins?

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Dec 12, 2021
2,968 Posts
Joined Dec 2009
Dec 12, 2021
RyanMPLS
Dec 12, 2021
2,968 Posts
Quote from acegolfer :
It's better to pull from TD.gov. To link bank acct, just need your bank routing number/acct number.
To deposit to Treasury Direct there is a routing and acct number like a bank. Strangely, the account numbers have letters in them. A#xxxxxxxP

Routing is 051736158, account is whatever account shows as BUT! you have to add a P to the end of what is shown on screen I think upper right? up top somewhere. I cannot get in right now Smilie
Dec 12, 2021
3,300 Posts
Joined Nov 2010
Dec 12, 2021
bchill
Dec 12, 2021
3,300 Posts
Quote from PatP1990 :
Better off investing in index funds that follow S&P. Returns up to 20% annually.
Unless you already have a majority of your assets tied up in securities. I Bonds are currently a NO BRAINER for those sitting on cash and already diversified in the SP 500 and other stocks. Anyone talking trash on this product right now is a novice or beginner. Sorry for the arrogance but nothing else compares in the short term for cash.

Maybe this will help school some of us. https://thefinancebuff.com/how-to...bonds.html
Last edited by bchill December 12, 2021 at 10:01 AM.
Dec 12, 2021
3,300 Posts
Joined Nov 2010
Dec 12, 2021
bchill
Dec 12, 2021
3,300 Posts
https://thefinancebuff.com/how-to...bonds.html

Best article I have read in recent months about I Bonds.
Dec 12, 2021
2,837 Posts
Joined Jul 2009
Dec 12, 2021
keung
Dec 12, 2021
2,837 Posts
Quote from capitol9000 :
That's this quarters rate. In April it could adjust to 0% or whatever the base rate is... prob .5%
WRONG we already have 2 CPI print out (Oct, Nov) The 2 month total is already 1.33% that means the annualize rate will be at least 2.66% even IF all 4 months (Dec-Mar) record 0% inflation you are still expect payout 2.66%

Please don't put false information if you don't know ANYTHING
1
Dec 12, 2021
42 Posts
Joined Oct 2017
Dec 12, 2021
dumpster_baby
Dec 12, 2021
42 Posts
Quote from MikeyMike01 :
It's not the first speculative bubble and it won't be the last… make sure you get out before it goes to zero
Hahaha salty much?
4
Dec 12, 2021
730 Posts
Joined Sep 2013
Dec 12, 2021
chucktaylur
Dec 12, 2021
730 Posts
Quote from RyanMPLS :
To deposit to Treasury Direct there is a routing and acct number like a bank. Strangely, the account numbers have letters in them. A#xxxxxxxP

Routing is 051736158, account is whatever account shows as BUT! you have to add a P to the end of what is shown on screen I think upper right? up top somewhere. I cannot get in right now
So the only way to fund your treasury direct account is to push the money from your bank? Theres no way to pull from your bank using the treasury direct site?
Pro
Dec 12, 2021
8,705 Posts
Joined Feb 2007
Dec 12, 2021
trza
Pro
Dec 12, 2021
8,705 Posts
Dang. I have some I bonds. Maybe I should sell them while the yield is so high. What kind of hit would I likely see?
2
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Dec 12, 2021
585 Posts
Joined Sep 2012
Dec 12, 2021
saghey
Dec 12, 2021
585 Posts
Quote from chucktaylur :
So the only way to fund your treasury direct account is to push the money from your bank? Theres no way to pull from your bank using the treasury direct site?
I had the treasury site pull from my bank account. They transferred the funds on the next business day. Not sure why you are having trouble.
Dec 12, 2021
986 Posts
Joined Oct 2006
Dec 12, 2021
raiz
Dec 12, 2021
986 Posts
If your investments are not keeping track with the monetary supply expansion, you are becoming poorer.

In the least year, the monetary supply increased 40%.

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