If you’re the owner or co-owner of the bond, write a letter to the Treasury Department requesting a manual check to see whether the bonds are still unredeemed. Include your SSN or EIN and complete name, as well as the bond’s serial number, issue date and the face value of the bond in your query letter.

When can you cash in old savings bonds?

You have to wait at least 12 months from the date of purchase to cash in a savings bond (there’s one exception, which is if you’re affected by a natural disaster). And if you cash it in at any time from one to five years, there’s a penalty: You’ll lose the three prior months’ worth of interest.

How do I redeem US Savings Bonds?

To redeem your bonds electronically, go to the United States Treasury online marketplace, TreasuryDirect.gov. TreasuryDirect.gov gives individuals the ability to redeem their electronic savings bonds online and transfer the proceeds to a bank account. You may also request a check for the proceeds.

Where to cash in U.S.Savings Bonds?

Find out where to cash out U.S. savings bonds that were issued on paper or electronically, and how to report it on your taxes. So if you have found some paper savings bonds in a chest of drawers, or you were given them in an inheritance, or however you came to have them, you can take them to any bank or credit union.

When to cash in savings bonds that have matured?

Series HH bonds mature 20 years after the issue date. If the series name is anything else, then it’s probably from an outdated series and has matured — you can look up the series name on the Treasury Direct website to confirm. Image source: Getty Images. Once you’ve confirmed that your savings bonds have indeed matured, you should cash them in.

Where can I redeem my old savings bonds?

You can redeem your old paper bonds at many banks and other financial institutions. The TreasuryDirect website doesn’t maintain a list but suggests you call around. Bear in mind that savings bond interest is subject to federal income tax, but not state or local tax. 8 

Where to cash in Series E savings bonds?

Bondholders have two options for cashing in paper Series E bonds. You can visit certain local financial institutions that are authorized to handle savings bond transactions. Alternatively, you can mail them to the Treasury Retail Securities Site. Contact information is available at the TreasuryDirect website.