Buying Series EE Savings Bonds
On this page:
- What is an EE bond?
- How can I buy EE bonds?
- What determines who owns an EE bond and who can cash it?
- Who may own an EE bond?
- What do EE bonds cost?
- How much in EE bonds can I buy for myself?
- How much in EE bonds can I buy as gifts for others?
An EE savings bond is a U.S. Treasury security. It earns interest until it reaches 30 years or until you cash it, whichever comes first.
EE bonds issued since May 2005 earn a fixed rate of interest. When you buy the bond, you know the rate of interest it will earn.
For an EE bond bought from May 2022 through October 2022, the rate is 0.10%. Regardless of the rate, at 20 years the bond will be worth twice what you pay for it. If you keep the bond that long, we make a one-time adjustment then to fulfill this guarantee.
Older EE bonds earn interest in different ways. More on EE Bond Rates
You can buy them only in electronic form, in our online program TreasuryDirect. We no longer issue EE bonds in paper form.
How you register the bond at purchase determines who owns the bond and who can cash it. The registration is the name of the owner (either a person or entity), the Social Security Number or Employer Identification Number, and, if applicable, the second-named owner or beneficiary.
The registration of the bond determines the ownership. The registration is the name of the owner (either a person or entity), the Social Security Number or Employer Identification Number, and, if applicable, the second-named owner or beneficiary.
including children under 18
If they have a Social Security Number and meet any one of these three conditions:
A child may not open a TreasuryDirect account, buy bonds, or conduct other transactions. A parent or other adult custodian may open an account for the minor, and that account will be linked to the adult's TreasuryDirect account.
The parent or other adult custodian can buy securities and conduct other transactions for the child, and other adults can buy savings bonds for the child as gifts.
|Trust, estate, corporation, partnership or other entity||If it has a Social Security Number or Employer Identification Number.|
You pay the face value. For example, a $50 EE bond costs $50. EE bonds come in any amount to the penny for $25 or more. For example, you could buy a $50.23 bond.
How much in EE bonds can I buy for myself?
In a each calendar year, you can acquire up to $10,000 in EE bonds per Social Security Number or Employer Identification Number. Bonds you buy for yourself and bonds you receive as gifts or via transfers count toward the limit. Two exceptions:
- If a bond is transferred to you due to the death of the original owner, the amount doesn't count toward your limit.
- If you own a paper bond issued before 2008, you can convert it to an electronic bond in your account in TreasuryDirect regardless of the amount of the bond. (The annual limit before 2008 was greater than today's limit of $10,000.)
You can buy up to $10,000 per recipient as gifts for anyone. The bonds can be delivered only to recipients with a valid TreasuryDirect account. If your recipient does not yet have a TreasuryDirect account, you can still buy gift bonds and hold them in your account’s Gift Box.
(Note: Before Series EE savings bonds, we issued Series E savings bonds. All E bonds have matured.)