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I-Bonds by Phone/Auto Plan?

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Mar 18, 2007 11:36 pm

Client with large relationship trying to get their kid involved in market. Usually finds the kid will react more favorably with something tangible. (Physical Disney certificates, etc.)  Wants to buy the kid a small amount of periodic I Series bonds to take advantage of the no-interest feature if used for college but insists on the paper certificate so treasury direct is out. Wants an automatic plan so doesn’t need to go to the bank every month. Anyone know of a bank or other service that will do this as an automatic plan?  Treasury Direct only lists banks that will sell, not auto specifically auto sell or one off.  Thanks in advance.