Last week, UOB and Standard Chartered Bank cut the bonus interest rates on their flagship savings accounts. Will other banks follow suit?
New issues of British Savings Bonds will bring in lower returns for investors
A U.S. savings bond is a government bond that offers a fixed rate of interest over a fixed period of time.
Series I bond is an interest-bearing U.S. government savings bond that earns a combined fixed interest and variable inflation rate (adjusted semiannually).
Series I bonds are a low-risk investment and can protect your savings from inflation. Learn how I bonds work and the benefits of this investment strategy.
Premium Bonds are Britain’s most popular savings product, with the thrill of potentially winning big enticing millions to invest. ; The Treasury-backed scheme – run by National Savings & Investments (NS&I) – was launched by the Government in 1957 to boost post-war savings. ; Every month, each £1 bond number is entered into a prize draw, where there’s a chance to win millions of prizes with values between £25 and £1m.
Affiliate links for the products on this page are from... maximize interest earnings for savings in a declining rate... and bonds are still good options to consider opening right now....
Savings bonds are a safe and easy way for individuals to loan money directly to the government and receive a return on their investment.
Electronic or paper?, paper I bonds with your IRS tax refund until January 1, 2025. See our FAQ . ; How does an I bond earn interest?, I savings bonds earn interest monthly. Interest is compounded semiannually, meaning that every 6 months we apply the bond’s interest rate to a new ; How long does an I bond earn interest?, 30 years (unless you cash it before then) ; When do I get the interest on my I bond?, Electronic I bonds: We pay automatically when the bond matures (if you haven’t cashed it before then). ; Can I cash it in before 30 years?, Cash in (redeem) an EE or I savings bond ; How do I find the value of my Series I savings bond?, If you have a Series I electronic bond, you can see what it is worth in your TreasuryDirect account. ; Must I pay tax on what the bond earns?, Tax information for EE and I savings bonds ; How much does an I bond cost?, Electronic I bonds: $25 minimum or any amount above that to the penny. For example, you could buy an I bond for $36.73. ; Is there a maximum amount I can buy?, For individual accounts, the limits apply to the Social Security Number of the first-named in the registration.
Fixed rate · You know the fixed rate of interest that you will get for your bond when you buy the bond. The fixed rate never changes. We announce the fixed rate every May 1 and November 1. That fixed rate then applies, for the life of the bond, to all I bonds that we issue during the next 6 months. The fixed rate is an annual rate. Inflation rate · The inflation rate changes every 6 months. We set the inflation rate every May 1 and November 1. We base the inflation rate on changes in the non...