U.S. Series I Savings Bonds – 6.89% Return

U.S. Series I Savings Bonds are currently a great option for safely growing your money at a relatively strong rate of return.

I Bonds, in a nutshell, offer a return that is a combination of a fixed rate (which is currently 0%) and a variable inflation rate – which, as of February 1, 2023, is 6.89%.

A 9.62% return on a government-backed investment is about as good as it gets these days.

You can get more information, as well as links to purchase I Bonds in our post “U.S. Government I Bonds to Pay 9.62% Beginning May 2022.”

This rate of return is good through April 30, 2023. A new rate, based on current inflation trends, will be announced sometime around mid-April for the following six-month period.