Ask Terry Questions Series I Bond

Series I Bond

By Terry Savage on December 22, 2022 | Chicken Money

Hi Terry
Bought an I Bond $10 K …debited May 5, 2022.
I found out in November rate was 6.48% instead of 9.69%.
I emailed TD…the reply was “too busy”.
I called TD…wait time was 90 minute minimum.
Please advise me.
Thank you

Terry Says

You must have missed all the publicity about the 6-month inflation adjustment rate changing on November 1st. In fact, rates on I-bonds change EVERY SIX MONTHS! They reflect inflation.
Read this: https://www.terrysavage.com/i-bonds-everything-you-must-know/

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