Do you have jewelry, coin collections or stamps, or other valuables? Do not store them under the mattress – The Economic Journal

Do you have jewelry, coin collections or stamps, or other valuables? Do not store them under the mattress - The Economic Journal


How much does it cost to rent a safe?
Renting a safe from a bank is currently a common decision and appreciated by many consumers. The costs depend on the bank in question. Almost all have safes of various sizes, being the most sought after by consumers: 30 centimeters wide, 35 centimeters high and 47.5 centimeters deep, presenting different prices.

Firstly, the consumer will have to find out if his bank has this service, because in order to contract it, it is obligatory that he has a deposit to order in that bank and that he pays a deposit.
In addition to the deposit, the bank will charge an annual fee for the rental of the safe.

Are there more expenses?
Yes. Although not all banks require it, some require an amount for each access to the safe. Extra costs may also be charged, especially in case of loss of the key.

Will the safe be a good answer for storing values ​​and money?
If you want to save money without applying it, this is a safe answer! Unlike keeping your money at home, under the mattress, in a box, even in a home vault, this solution is safe, but you must be aware that it will not make a profit on your money. If we talk about valuable goods, the safe corresponds entirely to the need for consumer safety.



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