I-Bond Rates 2026: Current 4.03% Composite Rate, May Reset Preview, and Buy/Redeem Strategy

# I-Bond Rates 2026: Current 4.03% Composite Rate, May Reset Preview, and Buy/Redeem Strategy

> **Quick answer:** Series I Savings Bonds are paying a 4.03% composite rate through April 30, 2026 — built from a 0.90% permanent fixed rate plus a 3.12% annualized inflation adjustment. The May 1 reset is projected to push the composite rate to approximately 4.26%, the highest in over a year. Whether you should buy now, wait, or redeem older bonds depends on your time horizon, tax bracket, and whether you're holding legacy I-Bonds with a 0% fixed rate.

I-Bond rates 2026 have quietly become one of the better deals in the government savings bond market — and a May 1 rate reset is about to make them more attractive. With inflation still running above 3%, the variable component is heading higher, and the 0.90% permanent fixed rate offers a real return that TIPS investors haven't matched without taking on duration risk. Here is everything you need to know about the current rate structure, what changes on May 1, and the right strategy for buyers and existing holders.

*This article is for informational purposes only and does not constitute financial advice. Consult a qualified financial advisor for personal financial decisions.*

## Current I-Bond Rate Structure: 4.03% Through April 30, 2026

The composite rate on I-Bonds issued between November 1, 2025 and April 30, 2026 is **4.03% annualized**. That number is built from two components that work very differently: