Bank Safe Deposit Box Cost Bank Of America

The biggest box is priced between 185 and 500.

Bank safe deposit box cost bank of america. 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. Bank of america n a. Or sat sun 8 a m. The rent for the smallest box ranges from 15 to 25.

These boxes involve two sets of keys. 00 14 5571m 04 2019 safe deposit box. 2018 bank of america corporation. First if you need the money in an emergency but the bank is closed you re out of luck.

A medium box costs 40 65 each year. Schedule an appointment with an associate at your local financial center for a day and time that work best for you or call us at 800 432 1000 mon fri 8 a m 11 p m. Preferred rewards members who are platinum or platinum honors tier members are able to rent a small safe deposit box for no charge. Although bank of america is not obligated to pay an item if your account is overdrawn the bank may pay these items at our discretion.

The words bank we and us mean bank of america n a. The word box refers to the safe deposit box account and the safe deposit box including if applicable the compartment inside the safe box where the contents may be held. Starting at 101 for a 5 x 5 box. Both keys are required to open the safe deposit box which provides an additional layer of security.

View our personal schedule of fees for additional fee details. 8 p m all times et. 15 banks listed including sizes if applicable bank of america. While all boxes tend to be 18 to 24 in length larger sizes are available with faces measuring 5 x5 or 10 x10.

If you are charged an overdraft item fee you can view the details in your online banking transaction record. One which remains with the bank and one which goes to the owner of the box. To understand if the cost a bank is charging is fair see our article. A safe deposit box often referred to as a safety deposit is a small locked metal container stored in a vault within a bank.

All safe deposit box fees shown are on an annual basis. On average the banks we surveyed charge about 60 annually for their smallest boxes which are usually 3 x5 x24. Call 1 315 724 4022 international collect. Cell phone roaming charges may apply.

Annual safe deposit box fees. Additionally the bank offers a 15 annual discount up to 70 for customers who sign up for automatic payments from a bank of america account. Keeping a stash of cash in a safe deposit box isn t a good idea for several reasons warn experts.