Treasury I bonds present investors with a means to combat inflation and earn interest at the same time. With this type of bond, you are paid an interest rate equivalent to inflation according to the Consumer Price Index. Here are the basics of how to buy Treasury I bonds.

Online Account

Thanks to the United States Treasury website, buying this type of bond has never been easier. You can purchase them directly online from the Treasury quickly and efficiently. 

In order to buy them online, you have to set up an account with the U.S. Treasury website. They will require personal information like your full name and Social Security number. You fund your online account, and then you are free to purchase the bonds. They will be electronically transferred to your account and held there until you decide to cash them in.

Buying Paper I Bonds

In addition to the online method of purchase, you can still buy them as paper bonds as well. In order to use this method, you will have to fill out a form that is issued by the U.S. Treasury. You can do this at a bank or financial institution. You will give them your personal information and include the payment for the amount of bonds that you want to purchase. They will then mail the paper bonds to you. 

blog comments powered by Disqus