
TD Bank offers safe deposit boxes in various sizes to meet different storage needs. The cost of a safe deposit box at TD Bank can vary depending on the location and size of the box.
A standard small safe deposit box at TD Bank typically costs around $10 to $15 per month, while a medium-sized box costs between $15 to $20 per month. Large safe deposit boxes can cost upwards of $25 to $30 per month.
To open a safe deposit box at TD Bank, you'll need to provide a valid government-issued ID and pay the required rental fee. Some TD Bank locations may also require a minimum deposit or have additional fees for services like box key replacement.
The rental fees for TD Bank safe deposit boxes are generally lower than those at other banks and financial institutions.
Check this out: Direct Costs
Factors Affecting Cost
The cost of a safe deposit box at TD Bank can vary depending on several factors. One of the biggest factors is the location of the branch, with a safety deposit box in New York City costing more than one in Springfield, Massachusetts.
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Banks have different price structures to cover their overhead costs, and their safety deposit boxes are one of the services that add to their revenue. This means that the bank you choose can significantly impact the cost of your safe deposit box.
The size of the box is another major factor, with smaller boxes costing less than larger ones. For example, a 3” x 5” container costs around $57 per year, while a 10” x 10” box costs around $183 annually.
You can expect to pay a standard $10 late fee if your payment is over 30 days past due. Additionally, you'll need to pay the cost of the box if you need to drill into the lock, and you can get 2 replacement keys for $15.
Here's a rough estimate of the annual costs for safe deposit boxes at major banks in the US:
Keep in mind that these prices may vary depending on the bank and location.
TD Bank Safety Deposit Box
TD Bank offers safety deposit boxes in numerous branches across the country.
Their smallest box costs $43 annually, which is quite cheap compared to other major banks in the US.
You'll need to pay a relatively hefty drilling fee of $200 if you misplace your key, so be sure to keep track of it.
Replacement keys for TD Bank safety deposit boxes start at $50.
Account holders are also subject to a $5 late fee for overdue payments.
Cost Comparison and Fees
The cost of a safe deposit box at TD Bank can vary depending on the size of the box and the level of protection you need. The average cost for the smallest available safety deposit box at a major bank in the US is about $57 per year.
One thing to consider is that you get a 3” x 5” container with round the clock protection for your valuables, but that's not enough storage space if you're looking to safeguard numerous important documents. In that case, you'd have to go with a 10” x 10” that will cost you about $183 annually.

Giving someone access to your safe deposit box can also come with some costs, but most major banks don't require an additional fee to assign a co-renter. However, you might need to pay a small cost for an extra key.
Here's a comparison of the costs:
- Safety deposit box (3” x 5”): $57 per year
- Safety deposit box (10” x 10”): $183 per year
- Trustworthy (digital storage): no annual fees mentioned
Safety Deposit Box vs. Trustworthy: Cost Comparison
The cost of a safety deposit box can vary greatly depending on its size, with prices ranging from $15 to $350 per year.
The smallest available safety deposit box at a major bank in the US costs around $57 per year, which is the average price for a 3” x 5” container.
You can expect to pay about $183 annually for a 10” x 10” safety deposit box, which offers more storage space.
Trustworthy, on the other hand, offers world-class protection for your digital assets at a potentially lower cost, especially considering the need for physical presence and tangible keys with traditional safety deposit boxes.
Here's a breakdown of the estimated costs for different safety deposit box sizes:
Ultimately, the choice between a safety deposit box and Trustworthy depends on your specific needs and preferences.
Does It Cost Money for Access to My Safety Deposit Box?
If you need to give someone access to your safety deposit box, it's free to assign a co-renter at most major banks, but you might need to pay a small cost for an extra key.
You can assign a co-renter, such as a spouse or family member, to grant them access to your safety deposit box in case of emergencies.
Most people assign their spouse or family member as a co-renter, and it's a good idea to only assign someone you completely trust.
Giving someone access grants them the same permission you have to access your box, so make sure you're comfortable with that level of access.
Here's a comparison of the access requirements for safety deposit boxes and digital storage services like Trustworthy:
With Trustworthy, you can invite your spouse as a collaborator to access all your information, or invite your accountant to review your finances only during tax season.
Key and Access Issues

Safe deposit box cost at TD Bank is a significant consideration for many customers. The bank offers various pricing options to accommodate different needs and budgets.
You can expect to pay a non-refundable enrollment fee, which is $25, and a monthly maintenance fee, which is $15. These fees may vary depending on the specific location and services chosen.
TD Bank's safe deposit boxes are available in various sizes, including small, medium, and large, with prices to match. The smallest box costs $15 per month, while the largest box costs $30 per month.
Some customers may be eligible for a discount on their safe deposit box rental fees, depending on their account type and other factors. For example, customers with a TD Bank Premier Checking account may be able to rent a safe deposit box for a discounted rate.
The bank's safe deposit boxes are designed to be secure and accessible, with 24-hour access available at many locations. This means you can visit your box at any time, day or night, to retrieve your valuables.
However, it's essential to note that some TD Bank locations may have limited access hours, so it's always a good idea to check ahead of time.
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Access
Access to your safety deposit box is a crucial aspect to consider. You need to assign someone as a co-renter to grant them access.
Most major banks don't require an additional fee to assign a co-renter, but you might need to pay a small cost for an extra key.
Giving someone access grants them the same permission you have to access your box, so make sure you only assign someone you completely trust.
Assigning your spouse or family member as a co-renter is a common practice in case of emergencies.
Frequently Asked Questions
Does TD Bank offer free safe deposit boxes?
TD Bank offers a small safety deposit box at no extra cost with its All-Inclusive Banking Plan. This premium banking benefit is included in the plan's perks.
Sources
- https://balancingeverything.com/the-average-cost-of-a-safetydeposit-box/
- https://www.trustworthy.com/blog/information-management/safety-deposit-boxes-cost
- https://www.mybanktracker.com/blog/find-my-answers/safe-deposit-box-cost-277945
- https://locations.td.com/us/125-18th-street-jersey-city
- https://www.bankdealguy.com/bank-safe-deposit-boxes/
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