Safety Deposit Box questions

[pokerplyr80]

Bank deposit boxes are pretty cheap. I think mine is 25 bucks for the year. Just get your own, don't use your dad's.

[Republicaninmass]

Originally Posted by pokerplyr80

Bank deposit boxes are pretty cheap. I think mine is 25 bucks for the year. Just get your own, don't use your dad's.

Chase is $500 for the year...most branches are sold out too!

[pokerplyr80]

I guess prices can vary widely. Wells Fargo and bank of america in OC are pretty reasonable. Are you in Manhattan or somewhere equally expensive to live?

[frankbmd]

Originally Posted by pokerplyr80

I guess prices can vary widely. Wells Fargo and bank of america in OC are pretty reasonable. Are you in Manhattan or somewhere equally expensive to live?

He’s either in Massachusetts or in a cathedral.

[pokerplyr80]

Originally Posted by frankbmd

He’s either in Massachusetts or in a cathedral.

Lol guess I missed the obvious. Maybe pricing is higher on the east coast.

[insidethewrapper]

$ 500 for a Safe Deposit Box/ Year ????

If so, buy a Safe, if investing in cards. If you want to enjoy the cards, like a collector , display in a man cave.

[philliesfan]

Don't forget the legal aspect of the safe deposit box. You may have access to the box but each time you sign in to enter the box, you are agreeing that all owners on the box are still living.

If the unfortunate happens and he passes, you will not legally be allowed to enter the box without a representative of the state. If you sign in the box at a date and time after he passes, you could be in trouble in some way.

Its contents must be inventoried by the executor and a representative of the state and the contents become part of the estate. Just something else to think about.

This is just my understanding from way back when I worked at a bank that had safe deposit boxes.

Robert

[chlankf]

Originally Posted by insidethewrapper

$ 500 for a Safe Deposit Box/ Year ????

If so, buy a Safe, if investing in cards. If you want to enjoy the cards, like a collector , display in a man cave.

Exactly what I did this summer. Bought a large cash safe from Yonkers when they were clearing because of bankruptcy. It was a $5k safe and I picked it up for $700. It's huge, 4'x6'. Had it in my living room until I hired piano movers to get it in my den. I love it, definitely a conversation piece and I have better access to my collection.


Craig

[BruceinGa]

Originally Posted by Republicaninmass

Chase is $500 for the year...most branches are sold out too!

I had a small one 3x5x20 at my credit union but discontinued it about a year ago. I'm on a waiting list for a 10x10x20.
I was able to get one 10x10x20 at Wells Fargo (wife's account) for $110 a year.
I just opened a free checking account at Fifth Third Bank. Keep a $500 balance for 60 days and get $250. I decided to get a sdb, 5x10x20, there. They don't have 10x10x20 size.
I'll probably rethink having two sdb's.