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Message
I can't figure out interest in ibonds account
Posted on 7/16/22 at 4:24 pm
Posted on 7/16/22 at 4:24 pm
My 3/1/22 $1,000 shows $6 interest in June. It is one month at 7.12% rate. Only thing I can figure they paid 1st q interest in June (which I have 1 month of).
So will I see interest again September?
So will I see interest again September?
1
Posted on 7/16/22 at 4:41 pm to thelawnwranglers
quote:
My 3/1/22 $1,000 shows $6 interest in June. It is one month at 7.12% rate. Only thing I can figure they paid 1st q interest in June (which I have 1 month of).
So will I see interest again September?
There's a 3 month penalty if you withdraw within 5 years. So they won't show you three months worth of interest until you make it to that. That may be what you're missing.
Posted on 7/16/22 at 4:51 pm to Teddy Ruxpin
quote:
There's a 3 month penalty if you withdraw within 5 years. So they won't show you three months worth of interest until you make it to that. That may be what you're missing.
Thanks
I think that's it. I am not worried about it more curious lol
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