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85 250sx
01-05-2006, 11:46 PM
hello i was wondering how US savings bonds work? I won two of them 2 years ago, but im not even sure when i can cash them in or how to check how much interest theve gained? one is for $100 and the other one is for $1000

flashredmkiv
01-06-2006, 09:06 AM
I used to get them as gifts growing up to use for college books and whatnot. Normally they take around 10 yrs to fully mature (at least the ones I had were like that). At that point, you could cash them in for face value, or more, depending on how long you let them mature.

Take them to your bank and ask the clerk to check the value on them if you cashed them in now.