Can you still buy a savings bond at a bank?
You can no longer purchase paper Series I and EE savings bonds—those convenient envelope-stuffer gifts—at banks and credit unions; you must buy electronic bonds through the Treasury Department's Web-based system, TreasuryDirect.
How much does a $100 savings bond cost?
Series EE bonds can be purchased in denominations of $50, $75, $100, $200, $500, $1,000, $5,000, or $10,000 and can be purchased for half of their face value; for example, a $10,000 EE bond would cost $5,000.
How much is a $50 EE savings bond worth after 30 years?
For example, a series EE bond that has a face value of $50 can be bought for $25. A series EE bond will reach full face value after 20 years and will stop earning interest after 30 years.
Are US savings bonds a good investment?
Savings bonds are not the best investment, even for college. The rate of return is set by the U.S. government and market conditions, and it can take up to 20 years for the bonds to fully mature to double their original value. 1 That is a fairly low rate of return.