Cash In (Redeem) a Savings Bond
"Cashing in" a savings bond means redeeming it for its current value. You can cash in a savings bond once you've held it for at least 12 months. If you cash it in before 5 years, you'll lose the last 3 months of interest.
How you cash in a bond depends on whether it's electronic (held in your TreasuryDirect account) or a paper bond.
Cashing in an electronic bond
Log in to your TreasuryDirect account, select the bond(s) you want to redeem, and follow the redemption steps. The cash value is deposited directly to your linked bank account, usually within a few business days.
Electronic Bonds
Log in to redeem onlinePaper Bonds
Find out where to cash a paper bondCheck the Value First
Use the Savings Bond CalculatorNot Sure You Own One?
Search Treasury Hunt®Before you cash in
Interest earned is subject to federal tax the year you redeem the bond. Consider checking with a tax professional if you're unsure how redemption affects your taxes for the year.