A premium savings bond is simply a bond which trades at a coupon rate that is higher than the prevailing interest rate. This increased coupon rate will cause the bond to mature faster than it otherwise would.
Where can I cash in a Seafirst savings bond
You can find an overview of how Savings Bonds work online at Treasury Direct. On this website there is information on Savings Bonds including Savings Bond Calculator, Savings Bonds Wizard, Value Files and FRB Locator and more.
Cash a savings bond at any bank.
Basic savings account
You can get a savings bond at most local and national banks. You can also purchase these bonds from the government.
I HAVE LOST THE PREMIUM BOND INFORMATION
You can find the list of premium bond winners on the official website of NS&I (National Savings and Investments) in the UK. They regularly update the list of winners and provide information on prizes won.
Premium Bond was created in 1956.
In Canada, you can purchase two types of bonds; Canadian Premium Bond and the Canadian Savings Bond. You must first decide which you plan to obtain/hold. A Canadian Savings Bond can be purchased at nearly any place you bank including Credit Unions, discount brokerage companies and other trusted companies through out Canada. Different from a traditional CSB, and Canadian Premium Bond is set up strictly through your employer. This plan only takes new enrollment from October to November 1st annually.
Where can I cash in a Seafirst savings bond
You can find an overview of how Savings Bonds work online at Treasury Direct. On this website there is information on Savings Bonds including Savings Bond Calculator, Savings Bonds Wizard, Value Files and FRB Locator and more.
Cash a savings bond at any bank.
Basic savings account
When you buy a savings bond, you get a coupon payment periodically during the lifetime of the bond (typically 3%-4% of the face value), and when the bond matures, you get the original amount of money you paid back as well as the final coupon payment.
You can get a savings bond at most local and national banks. You can also purchase these bonds from the government.
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The US Treasury Savings Bond rate is less than 1% today and will probably remain there for a considerable period of time. The Upromise program offers rebates ranging from 1-25% on items you are going to purchase anyway. When considering savings rates, the Upromise program has a higher return rate than do the US Treasury bonds. Upromise is geared for college savings so you will receive a premium rate on your money. A conventional savings account will allow more flexibility.