A Brief Guide to Digital Banks and Their BenefitsĬome back to what you love! is the most reliable cash back site on the web.Everyone has valuables they don’t use every day but would hate to lose.

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Prices range from $18 to $90 annually, which is below what you find in many banks.ĭo you know of any other bank that has a cheap safe deposit box option? Have you used a cheap safe deposit box at one of the institutions above and want to discuss your experience? Share your thoughts in the comments below. If you qualify for an account at Local Government Federal Credit Union and are in North Carolina, the institution is a solid choice for a low-cost safe deposit box. As a result, if you live in Michigan, they’re worth checking out. Vibe Credit Unionĭepending on the size, a safe deposit box at Vibe Credit Union runs between $30 and $80 per year, which is reasonably competitive. Just be aware that safe deposit boxes are only available at three of the branches, so factor in travel time if you need to access the box regularly. The rates range from $15 to $100 per year, which is well below what you find at most other institutions.

If you live in Pennsylvania, a safe deposit box at Erie Federal Credit Union could be your cheapest option. Generally, their prices are lower than many competing institutions, and there are more than 140 locations available across Idaho, Oregon, and Washington. Columbia BankĬolumbia Bank offers pretty reasonable safe deposit box rates, ranging between $25 and $120 per year, depending on the size. Banks That Offer a Cheap Safe Deposit Box 1. However, very large safe deposit boxes can run between $100 and $200 annually, so keep that in mind. Many run between $40 and $80 per year, depending on their size and the institution you use. Getting a safe deposit box doesn’t typically cost a bundle, regardless of the bank. If you’re looking for a cheap safe deposit box, here are a few banks that are worth exploring.

Fortunately, some lower-cost options are available. However, the price for safe deposit boxes can vary, which may cause concern if you’re budget conscious. When you need a place to securely store valuables, a safe deposit box at a bank or credit union is potentially an excellent choice.

Bank safe deposit box cost