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Buying U.S. Savings Bonds as a Gift

Many people like to buy U.S. Savings Bonds as gifts for loved ones. However, you can no longer buy Savings Bonds on paper from your bank. As a cost saving measure, these bonds must now be both purchased and given electronically. During the process, you get the chance to print out a certificate to physically give the recipient.

This video presentation walks you through the details of buying U.S. Savings Bonds as a gift. Below are some of the basics about the process.

  1. You must create an account with the website TreasuryDirect. TreasuryDirect was created by the U.S. Treasury as a place to buy and redeem U.S. securities. To create this account, you will need to have on hand:
    • Your Tax ID Number (SSN or EIN)
    • Your e-mail address
    • Your bank account and routing numbers
  2. You will need some information about the recipient of the gift:
    • His or her full name
    • His or her Tax Identification Number (SSN or EIN)
  3. In order to receive your gift, the recipient will need to have their own TreasuryDirect account. If the recipient is under 18, a parent will need to create a Minor account for the child.
  4. Once your recipient has an account, ask for their account number. You will use this number in TreasuryDirect to send the gift to his or her account.
  5. You can also fill out and print a gift certificate to mail or present.