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Can you cash Ee savings bond without an account? The bank teller said they were unable to cash it since I do not have a TD account
December 11, 2016 06:28:59 AM
In reply to Laura, Wayland
Welcome to the TD Bank community, Laura. We'll be more than happy to answer any questions you may have regarding Savings Bonds.
You may redeem EE Bonds at any TD Bank location. Please keep in mind that government regulations require that non-Customers and Customers with a bank relationship 6 months or less can redeem up to $1,000.00 at any one time with proper ID. Also that EE Bonds must be held for a minimum of 12 months from the issue date before they are eligible for redemption. We also recommend that you record your own Social Security number on the back of the bonds. It's your responsibility for claiming the interest gained and it will be sent via 1099 at the end of the year for tax reporting purposes.
We are always here to help, Laura. Feel free to reach out to us with any other questions.
Kris M, Mt. Laurel
December 11, 2016 06:29:42 AM