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Old Sep 26, 2003 | 9:00 am
  #1  
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Canadians purchasing US Bonds

I was wondering if any Canadians here tried to aquire US bonds for miles. I'm a Canadian working in the US and I'm looking to get some bonds but I can't seem to find a clear cut answer. My work does not provide a payroll purchase plan by the way. I do have a US bank account, credit cards, SSN, driver license, the works with a valid work Visa.

If that doesn't work, I was thinking about putting 25k in Ameritrade and getting the 20k starwood points. But buying the bonds seem like a better deal since I get 1:1 points to what I spend and I'll get to earn a good interest rate. Thanks!
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Old Sep 26, 2003 | 9:42 am
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HyperDude, noticed you're new. Welcome to FlyerTalk.

Unfortunately for you, you have to have an US Social Security number to purchase bonds.
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Old Sep 26, 2003 | 9:44 am
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I do have a social security number (SSN)

Oops, and thanks for the welcome. This site is awesome.

[This message has been edited by HyperDude (edited 09-26-2003).]
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Old Sep 26, 2003 | 1:53 pm
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Hi!
I am a citizen of Spain and I have bought US bonds twice, for the miles. I have a US SSN, that seems to be the key, I think you would be fine. I am still holding them, but I don't expect problems redeeming them.
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Old Sep 26, 2003 | 3:19 pm
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On the Finance page of my web site below, in the Savings Bond section, there is a link to a page that tells you who can own the bonds. I think Canadian citizens may not own them, but check the linked page to be sure.

But even if Canadians can't own them, I don't see how this could be enforced, so long as you provide a U.S. Social Security number and a U.S. address to which they can send the bonds. But think about how you will go about redeeming the bonds. If you plan to do this at a bank, you must have a U.S. bank account, probably with a U.S. address attached to it, at a bank that will accept they types of bonds you will be buying. (Caution: Many banks that accept EE Bonds do not accept I bonds.) If you intend to mail them in to the treasury, you should have a U.S. address to which they can send you the money.

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Old Sep 26, 2003 | 3:32 pm
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Especially if you have a U.S. address to which the bonds can be sent, all you'll need to buy Savings Bonds is a social security number. The government won't check if you're a citizen or not.

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Old Sep 26, 2003 | 7:38 pm
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How does one earn AAmiles by buying Savings Bonds?
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Old Sep 26, 2003 | 11:10 pm
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<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by MikeMargolis:
How does one earn AAmiles by buying Savings Bonds?</font>
Simply by using an AA earning creditcard when purchasing the saving bonds.

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Old Sep 27, 2003 | 12:45 pm
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<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by MikeMargolis:
How does one earn AAmiles by buying Savings Bonds?</font>
Full info on this can be found on the Finance page of my web site below.

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Old Sep 28, 2003 | 1:24 pm
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I do have a SSN, a bank account, and a US address. I'll have to get myself some bonds right away then Thanks all!
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