Savings BondsAuthor: David WaringLast Updated: April 27, 2020Below is the most comprehensive guide on the internet covering how savings bonds work, the different types of savings bonds how to buy and cash in savings bonds, special tips on how to get the most out of your savings bonds, and more! Current Savings Bond RatesI Bond Rate: 1.38% – This rate applies only for 6 months following the issue of the bond, for purchases that occur between November 1st, 2013 and April 30th, 2014.EE Bond Rate: 0.10% – This rate applies to all EE bonds purchased between November 1st, 2013 and April 30th, 2014.For more on how savings bond rates work go here. To find out the value of an existing bond go here. How Savings Bonds WorkThere are two different types of savings bonds (the EE and I Series Bonds) which are currently available for purchase. You can learn more about each in the articles below:Why people purchase savings bonds EE and I Series Savings bonds and their Differences How savings bond interest rates work Why I Bonds are currently more popular than EE Bonds Inflation protected bonds: I bonds vs. TIPS Savings bonds vs. Savings Accounts Taxes on Savings Bonds How to know if your bonds have stopped paying interest How to Buy and Cash InUnfortunately you can no longer purchase paper savings bonds. All new bonds must be purchased via Treasurydirect.com. Learn more about buying electronic bonds and converting your paper bonds so you can cash them in at the links below:How to buy US Savings Bonds How to cash in/redeem US Savings bonds. How to cash in/redeem savings bonds before maturity. What happened to the paper savings bond? 5 things you should know about buying savings bonds. What to do if you savings bonds have been lost or stolen 3 ways to increase your return when buying on savings bonds How to earn 3.5% on a US Savings bond Gifting and Using Savings Bonds for Education/RetirementSavings bonds make great gifts and can be tax efficient ways to save for both education and retirement. There are some things to be aware of however which you can read more about in the links below:How to Give Savings Bonds as a Gift Using savings bonds to save for education Buying savings bonds for your retirement More ResourcesThe 5 Best US Savings Bonds Websites What the paper savings bonds look likeClick here to learn more about best forex brokers.