Series I Savings Bonds: Who Qualifies and What You Get
Learn how Series I Savings Bonds protect your money from inflation and the rules regarding interest penalties and minimum investments.
Series I Savings Bonds are a way to save money that is specifically designed to protect your purchasing power from the effects of inflation.
Who it's for
This scheme is available to individuals who are US citizens or residents.
What you get
These bonds act as an inflation-protected savings vehicle. This means the interest you earn is designed to keep pace with the rising cost of living.
What it costs you
To start, you need a minimum investment of $25. Once you put your money into these bonds, your funds are locked away for at least one year.
The catch to know
If you decide to cash out your bonds before you have held them for five years, you will lose three months of interest. It is important to plan for this if you think you might need the cash sooner.
How to apply
- Visit the official government portal.
- Create an account to manage your savings.
- Follow the prompts to purchase your bonds using your preferred payment method.