Prior to this conversion process, members were able to order savings bonds at Consumers offices. Now, all purchases are now made online right from the Treasury through the TreasuryDirect portal.
The first time you make a purchase, you’ll need to set up a TreasuryDirect account. This slideshow walks you through the process. Have the following information handy:
Your Social Security Number or Tax ID Number
Your address in the U.S.
The routing number and account number for your checking or savings account. (The routing number for Consumers is 272481839.)
Your email address
Once you’ve set up an account, you can purchase bonds for yourself or to give as gifts. This video explains the process of purchasing gift bonds.
In addition to selling savings bonds, TreasuryDirect provides bondholders with many other useful tools, including a calculator to determine what your bonds are currently worth and estimation calculators that will approximate the growth of savings held in bonds.
If you have paper savings bonds you’ve been hanging on to, you can still redeem them at the Consumers office nearest you—and if you’re looking for other savings options for your children or grandchildren, consider our Dollar Dog Kids Club accounts, a fun and engaging way for kids age 12 and under to make deposits and learn about saving.
Have more questions about savings bonds? Ask us in the comments! We’re here to bring you the answers you’re looking for.