Safe Deposit Box Rental Fee

On average the banks we surveyed charge about 60 annually for their smallest boxes which are usually 3 x5 x24.

Safe deposit box rental fee.

Both keys are required to open the safe deposit box which provides an additional layer of security. Safe deposit box availability indicated on locator. Safe deposit box rental except for storing jewelry and other personal effects. Annual safe deposit box.

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. Service charges on dividend reinvestment plans. Find your nearest branch. A newer version of your browser is available.

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. The rental fees for a safe deposit box vary based on the size of the box and branch so it s best to contact the specific branch to get pricing details. While all boxes tend to be 18 to 24 in length larger sizes are available with faces measuring 5 x5 or 10 x10. A medium box costs 40 65 each year.

This is a miscellaneous deductions subject to the 2. The rent for the smallest box ranges from 15 to 25. A safe deposit box often referred to as a safety deposit is a small locked metal container stored in a vault within a bank. Older versions may limit your ability to access some of this site s functionality.

These boxes involve two sets of keys. 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. Annual safe deposit box fees. 50 discount for select checking account holders.

The biggest box is priced between 185 and 500. Cost of using this box.