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expireddn90003 posted Dec 12, 2021 2:07 PM

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

7.12% Interest

(Limit $10K/Year Per Person)
3,498 Comments
1.5M Views
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Deal Details
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

Deal Score
+952
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Top Comments

sdpoker
1.8KComments
463Reputation
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 =
Go to Comment
webbiedo
4Comments
58Reputation
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.
Go to Comment
foxfai
5.2KComments
3.5KReputation
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
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3.5K Comments

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Dec 12, 2021 7:17 PM
1.5K Comments
Joined Dec 2013
dg0129Dec 12, 2021 7:17 PM
1.5K Comments
Quote from Pseudoty :
Just buy more Gold or Silver as a hedge against inflation.
Every investment carries risk including gold and silver. Gold and silver both have had long time frames where they were a losing investment. Just like the real stock market gold and silver tend to go up over time, but overall they typically underperform investments in the stock market.
Dec 12, 2021 7:18 PM
642 Comments
Joined Jun 2017
ThePublisherDec 12, 2021 7:18 PM
642 Comments
Quote from KMan :
Because speculating on things that have no basis in anything real for the average person who isn't a trading expert is always the smart bet...
You should learn about it before showing you don't know what you're talking about. Lots of good resources for how Bitcoin works out there. Good luck!
1
Dec 12, 2021 7:18 PM
1.2K Comments
Joined Mar 2005
acegolferDec 12, 2021 7:18 PM
1.2K Comments
Quote from ibetomme :
You can buy for your kids or any family member. Counts as a gift so track that. So mom and dad can buy 20k for a child. Ps check with your accountant JMO
You can gift to others, which will count towards their annual limit. But note that once gifted (even to your kid), the parent can't redeem and spend it later. Technically, only the owner can spend it.
Dec 12, 2021 7:19 PM
1.4K Comments
Joined Sep 2003
PickleDec 12, 2021 7:19 PM
1.4K Comments
Quote from bsfatboy :
Did he have a will?
Do you need a will to give your assets to a spouse upon death? I thought that in a communal situation the assets always default to the spouse?
Dec 12, 2021 7:19 PM
4 Comments
Joined Jan 2021
noamriosDec 12, 2021 7:19 PM
4 Comments
Quote from KMan :
Because speculating on things that have no basis in anything real for the average person who isn't a trading expert is always the smart bet...
So you're saying the "average person" understands the way the Fed, the dollar, and inflation works? Riiiiight.
Dec 12, 2021 7:19 PM
1.5K Comments
Joined Jan 2011
bugelrexDec 12, 2021 7:19 PM
1.5K Comments
Quote from DeeDon :
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...
This. Its hard to appreciate how hard and fast tech stocks plummeted during that downturn. Good life lesson for those who experienced it... be suspicious of today's stock/crypto market
Dec 12, 2021 7:19 PM
605 Comments
Joined May 2005
teckel1927Dec 12, 2021 7:19 PM
605 Comments
Quote from BoastfulMice8832 :
And do what with it goofy? Tether, the the top 5 largest crypto on earth, isn't even backed by the US dollar, it's literally a sham

LMFAO it's a farking joke
And what is the us dollar backed by? Bwhahahah 😅👀😅😅
1

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Dec 12, 2021 7:19 PM
640 Comments
Joined Nov 2018
GregrySDec 12, 2021 7:19 PM
640 Comments
Buy silver especially a 22 an ounce right now..... hyperinflation is going to strike and buying t-bills is crazier than flirting with crypto.

By the way how do you cash out of any of these intangible assets if the grid goes down?
2
Dec 12, 2021 7:20 PM
1.5K Comments
Joined Aug 2006
maxim730Dec 12, 2021 7:20 PM
1.5K Comments
not worth it
rates will go down
most won't hold for more than 1-2 years..
2
Dec 12, 2021 7:20 PM
43 Comments
Joined Sep 2010
WavesguyDec 12, 2021 7:20 PM
43 Comments
https://www.wsj.com/amp/articles/...1622213324
Dec 12, 2021 7:20 PM
1.1K Comments
Joined Nov 2008
hydrocynusDec 12, 2021 7:20 PM
1.1K Comments
If you had 160k sitting in the bank, what would you do? I never invested in anything. House is fully paid. No debts, credit score at 823. 100k a year in earnings? Right now I have them at cit Bank waiting for the next bubble to blow and then flip houses.
Dec 12, 2021 7:20 PM
1.5K Comments
Joined Jan 2011
bugelrexDec 12, 2021 7:20 PM
1.5K Comments
Quote from noamrios :
So you're saying the "average person" understands the way the Fed, the dollar, and inflation works? Riiiiight.
The average joe only understands gas and grocery prices. Its impossible to dismiss as fake-news at this point as the prices increases are now extremely noticeable
Dec 12, 2021 7:21 PM
711 Comments
Joined Dec 2007
bsfatboyDec 12, 2021 7:21 PM
711 Comments
Quote from Pickle :
Do you need a will to give your assets to a spouse upon death? I thought that in a communal situation the assets always default to the spouse?
It depends on the state they live in.
1
Dec 12, 2021 7:21 PM
61 Comments
Joined Jul 2017
tommyw4311Dec 12, 2021 7:21 PM
61 Comments
These are way better than any CD or especially a savings / checking account. I believe you have to hold these for at least a year then you can pull your money out. I bought for myself, my wife, and two kids. Better than letting my money sit in a savings account getting eroded by inflation.

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Dec 12, 2021 7:21 PM
73 Comments
Joined May 2014
kgsydhDec 12, 2021 7:21 PM
73 Comments
Evergrande default and its domino effect will make it worthless. Run away
2

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