Safe Deposit Box Rental Fee

Safe deposit box rental except for storing jewelry and other personal effects.

Safe deposit box rental fee.

Both keys are required to open the safe deposit box which provides an additional layer of security. The rent for the smallest box ranges from 15 to 25. The biggest box is priced between 185 and 500. These boxes involve two sets of keys.

Annual safe deposit box fees. 50 discount for select checking account holders. One which remains with the bank and one which goes to the owner of the box. A newer version of your browser is available.

While all boxes tend to be 18 to 24 in length larger sizes are available with faces measuring 5 x5 or 10 x10. The average cost of a safety deposit box changes according to the size of the box and the location of the bank where it is stored. Safe deposit box rent fee you can deduct safe deposit box rent if you use the box to store taxable income producing stocks bonds or investment related papers and documents. This is a miscellaneous deductions subject to the 2.

Cost of using this box. A medium box costs 40 65 each year. A safe deposit box often referred to as a safety deposit is a small locked metal container stored in a vault within a bank. Safe deposit box availability indicated on locator.

On average the banks we surveyed charge about 60 annually for their smallest boxes which are usually 3 x5 x24. The price for a bank of america safe deposit box varies based on its size and fixed rental fees are charged on an annual basis. You can not deduct the rent if you use the box only for jewelry other personal items or tax exempt securities. Older versions may limit your ability to access some of this site s functionality.

Service charges on dividend reinvestment plans. Annual safe deposit box.