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Bonds

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rocktheLPs
Posts: 2095 - Karma: 14
so i just found a savings bond for 50 from 93. does anybody know whats the interest on it and where can i cash it?
Jan 22 2007 6:16PM
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leckett1
Posts: 6476 - Karma: 294
you cash it into a bank machine. you know where the money comes out? your supposed to put checks in there. just fold it in half and shove it in. you dont need a bank card it automatically sends the equivilant cash out. and the interest will be displayed on the screen
Jan 22 2007 6:19PM
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akerbacker
Posts: 2827 - Karma: 8
really? i thought u needed an acount at least
Jan 22 2007 6:21PM
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soulskier
Posts: 17806 - Karma: 3,841
take it to the bank and i dont think there is any interest or anything, all it is, is donating money when the gov. needs it, and they pay you back
Jan 22 2007 6:21PM
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rocktheLPs
Posts: 2095 - Karma: 14
^ but it says "interest ceases 30 years from issue date"
Jan 22 2007 6:22PM
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leckett1
Posts: 6476 - Karma: 294
of course theres interest on bonds. alright heres my serious post. YES there is interest, there is no reason for hteir not to be. there will be about 10-15 dollars of interest on it...not much. but take it to the bank teller and they will cash it for you
Jan 22 2007 6:24PM
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rocktheLPs
Posts: 2095 - Karma: 14
^ was that so hard
Jan 22 2007 6:26PM
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leckett1
Posts: 6476 - Karma: 294
well im a smartas by nature. and when the obvious thing to do in your situation is take it to the bank teller, its hard for me to make a serious comment.
Jan 22 2007 6:31PM
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rocktheLPs
Posts: 2095 - Karma: 14
well you could have to take them to like a brand thing or soemthing i dont know. btu thanks
Jan 22 2007 6:32PM
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=Worf=
Posts: 2468 - Karma: 25
what type of bond is it series E, series I, series EE? Go to http://www.treasurydirect.gov/BC/SBCPrice and it will caculate for you.
Jan 23 2007 10:14AM
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