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Where to redeem Savings Bonds in BR area?
Posted on 8/11/22 at 3:13 pm
Posted on 8/11/22 at 3:13 pm
This post was edited on 10/26/22 at 9:23 am
Posted on 8/11/22 at 3:19 pm to footballdude
Any bank I'm pretty sure. I went to Chase and redeemed 30 or so.
Posted on 8/11/22 at 4:02 pm to footballdude
Start with your local bank is the best bet. Capital One workers acted as if they had never laid eyes on them before.
You can also mail them in. I think you need a Medallion Stamp to mail them in.
You can also mail them in. I think you need a Medallion Stamp to mail them in.
Posted on 8/11/22 at 7:23 pm to footballdude
Here is a link to the Treasury's directions on redemption of paper bonds. LINK
You'll pay federal income taxes on the interest, but it is exempt from state income tax.
quote:
Two options:
If you hold an account at a local bank and it cashes savings bonds, you can ask the bank if it will cash yours.
Send the bonds to us.
You'll pay federal income taxes on the interest, but it is exempt from state income tax.
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