savings bonds

Can Strangers Cash In My Savings Bonds?

Posted on November 1, 2017 says do not fret about your paper bonds being cashed in by anyone if they are ever lost or stolen.

Savings Bonds are a registered security, meaning only the person(s) named on the actual (paper) bonds can redeem them (or parents or guardians in the case of a child or handicapped person). Banks or financial institutions should ask for proper ID before redeeming any bonds.

Important: If two co-owners are listed on a paper savings bond (usually the word “or” appears between the two names) either person can cash in the bond without the other persons consent.

About’s complimentary calculator provides cash in values, interest rates and a personalized, printable, color-coded, Savings Bond Inventory Report along with a “What This Means To You” explanation. For ongoing savings bond management & updated bond values via unique monthly e-Bond Statements, try a free 14-day trial of the VIP Membership which includes a helpful Cash-In-Report.©


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