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?
- Must register or sign-in to your free TreasuryDirect.gov account and link a bank account.
- Click here to view a Guided Tour
- 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%
Top Comments
In case you're wondering, here's how the rate is computed:
Composite rate =
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.
https://www.treasurydir
3,499 Comments
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My statements are not controversial or even political. If the FED refuses to raise rates AND the US govt continues to send money to people while they sit at home from lockdowns there are fewer goods and services in the economy with more money. Inflation happens. Period. And it will not stop for at least 10 years because the FED refuses to crash the asset markets by raising interest rates.
And, he never promised how long it'll take to build back to that point of Betterment.
It's not what only what politicians say that should scare you ..... it's what they don't say, too.
This entire topic has turned into political theater with measuring sticks. I miss FW Finance. At least that mostly stayed on topic.
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Good luck on getting the money back out if you need it.
Sign up for a Slickdeals account to remove this ad.
Good luck on getting the money back out if you need it.