FlyerTalk Forums - View Single Post - Purchasing bonds upto $90,000 a year
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Old Jul 29, 2003 | 7:49 am
  #7  
burgerwars
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Join Date: Jul 2002
Location: Los Angeles, CA
Programs: United Premier, American Airlines
Posts: 896
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by moeman:
I called "the bond office" (not treasury direct) today to see how many more bonds I can purchase before the year ends and credit cards are no longer accepted. I was under the impression that one is entitled to buy $30,000.00 a year per SSN#. However, I was informed today that one can purchase 30k of E series, 30k of I series and an additional 30k with the new electronic bond if you set up an account. Therefore, it would be possible to buy 90k a year of bonds with one SSN#.
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One additional point: If you're able to buy more bonds with a TreasuryDirect account (electronically), such an account doesn't have a way to purchase using a credit card. I opened one as a test account, and the only way to purchase is using electronic funds transfer from your bank account.


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