How do you cash in savings bonds?

Toggle fullscreen Fullscreen button



the sacramento viewer tried to cash in

his savings bonds but learned it would

be some time before he could get his

money so why is that

you know we've been buying bonds since

1985. the paper savings bond is now

extinct the government's switching to an

electronic version in 2011 but when dan

hood tried to cash in his older matured

bonds in february his bank wouldn't

accept them so that got us wondering

what is the best way to cash in older

savings bonds according to the treasury

department your local bank is the best

option to instantly get your money but

after an uptick in fraud some banks quit

accepting them meaning you must send

them in directly to the treasury

department and that could take a few

months to cash