How do you know when a savings bond matures?

To see if your bond has matured, start by looking at the series name on the upper right corner of the bond. If it’s a series E or series H bond, then it’s matured, as all of those bonds are no longer being issued and all the existing ones have already hit their maturity date.

How long does it take for a $20 savings bond to mature?

20 years
“The bonds mature after 20 years, at which point the U.S. Treasury will guarantee that investors have doubled their money.” Even though savings bonds have a low rate of return, there are few investments that will guarantee to double your money — although you have to wait 20 years.

When does a Series HH savings bond mature?

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 If the series name is anything else, then it’s probably from an outdated series and has matured — you can look up the series name on the Treasury Direct website to confirm.

How often do HH savings bonds pay interest?

We no longer offer Series HH savings bonds, but some we issued in the past haven’t matured and are still paying interest. Before Series HH savings bonds, we issued Series H savings bonds. All H bonds have matured. HH bonds pay interest every six months.

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 If the series name is anything else, then it’s probably from an outdated series and has matured — you can look up the series name on the Treasury Direct website to confirm.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.

When is the best time to buy HH bonds?

Representatives are available from 8 a.m. to 6 p.m. Eastern Time, Monday through Friday, except holidays. HH bonds were available only in exchange for Series EE or Series E bonds or upon reinvestment of matured Series H bonds. You paid face amount; i.e., a $500 HH bond sold for $500.