Legacy Treasury Direct®
Legacy Treasury Direct is a program in which investors buy Treasury bills, Treasury notes, and Treasury Inflation-Protected Securities (TIPS) directly from the U.S. Treasury, without a broker.
Established in 1986, Legacy Treasury Direct allows customers to conduct transactions through the Web, over an automated phone system, or by mail.
NOTE: Legacy Treasury Direct doesn't offer the 4-week Treasury bill, 7-year Treasury note, 20-year TIPS, or 30-year Treasury bond.
Opening an Account
To open an account in Legacy Treasury Direct, you must fill out either of two paper forms:
- New Account Request Use this form if you don't want to immediately buy a security, or you want to buy your first security online or by phone.
- Treasury Marketable Securities Tender Use this form to simultaneously open an account and place your first order for a security.
Send your completed form to your Treasury Retail Securities Site.
You will need the following information to set up your account:
- The bank account to use for payments. We will make all payments into this account. If you buy online or by phone, we will automatically withdraw the purchase price from this account. The account can be at any financial institution that permits automatic withdrawals.
- The ownership of your account. Accounts can be registered in the name of one person, two persons, or an entity such as an estate, trust, private organization, or corporation.
Electronic Services for Treasury Bills, Notes, and Bonds
In Legacy Treasury Direct, you can buy and reinvest securities, and perform various account operations, online or through our automated phone system. We call this system Electronic Services for Treasury bills, notes, and bonds.
Learn more about Electronic Services for Treasury Bills, Notes, and Bonds
Payments
- Pay Direct. If you purchase through Electronic Services, you must pay by automatic withdrawal from your designated checking or savings account.
- If you purchase by mail, you can pay either by automatic withdrawal, personal check (unless you're buying a bill), certified personal check, cashier's check, or a check issued to you by a Federal Reserve Bank.
Forms
You can download or order forms online or by calling 800-722-2678. Among the most requested forms are:
- New Account Request (PD F 5182)
- Treasury Marketable Securities Tender (PD F 5381)
- Sell Direct Request (PD F 5179-1)
- Transaction Request (PD F 5178)
Note: If you need help downloading...
Fees
Legacy Treasury Direct charges fees in only two circumstances.
If your account holds more than $100,000, we charge an annual fee of $100.
If, at your request, we sell your security before it matures, we charge $45.
Contact Us
We provide customer support by e-mail, mail, and phone. You may call us toll-free at 800-722-2678, where you'll find recorded information 24 hours a day and customer service representatives from 8 a.m. to 8 p.m., Eastern Time, Monday through Friday, except holidays. (From outside the United States, call 304-480-6464.)
