Safety Deposit Boxes and TD Bank

[TimG]

So i get a letter from TD yesterday informing me of rate changes to their safety deposit boxes.

Their standard rental fee for a large box is increasing from $90/year to $125/year.

Some of their other fee increases are insane: key replacement is going up from $4.95 to $50 and the drilling fee increasing from $104 to $200.


How much are box rentals at other banks?

Do you actually use a safety deposit box or do you have some kind of safe at your house?

[kenny]

Ya profit margins are slim at TD, they only made $1.6B in their last quarter. Gotta tighten up the finances

Large SDP at RBC is $275. (Medium/Large is $125). Not sure how that compares to TD sizing though. IIRC TD only had 3 sizes while RBC has 5.

[jdmXSI]

I think the price of the box is based on the size. At RBC, I pay 60/yr but it's a medium sized box that I use to keep coins and documents in. I don't blame you for looking, those fee hikes seem a little ridiculous but then again, I have only seen my banks prices.

[lint]

check into the infinity account. Comes with a SD box

[mekeni]

Its $100 / yr for a large box at BMO.

[TimG]

Originally posted by kenny
Ya profit margins are slim at TD, they only made $1.6B in their last quarter. Gotta tighten up the finances

Large SDP at RBC is $275. (Medium/Large is $125). Not sure how that compares to TD sizing though. IIRC TD only had 3 sizes while RBC has 5.

td has multiple sizes that fit into the small, med, or large category - large footprint but shallow, or small footprint and tall.

td large box is 17.6 - 27 sq in.

[TimG]

Originally posted by lint
check into the infinity account. Comes with a SD box

already have this account. you get a $60 credit towards a SDB.

[Sugarphreak]

...

[kenny]

Originally posted by Sugarphreak


Any idea if that credit is going up with the rate hikes?

The credit will go up if the cost of the smallest box goes up.

[Ven]

Buy a good safe, stop pandering to companies that make billions in profits, and then cry poor to their consumers.

[swak]

Out of curiosity, what kind of insurance do banks provide for security deposit boxes?

IE if something were to happen to contents under banks supervision?

[broken_legs]

Originally posted by lint
check into the infinity account. Comes with a SD box

Its a free small box. you can hold between fuck all and next to nothing in one of those.

[kenny]

Originally posted by broken_legs


Its a free small box. you can hold between fuck all and next to nothing in one of those.

As mentioned earlier, you can get a credit for the box instead and upgrade to a larger one.

[Mack10]

Originally posted by broken_legs


Its a free small box. you can hold between fuck all and next to nothing in one of those.

Its not the Infiniti account. It's the Select Service account.
and even the price of that went up from $24.95 to $29.95

http://www.tdcanadatrust.com/product...nts/select.jsp

[G-ZUS]

Originally posted by Mack10


Its not the Infiniti account. It's the Select Service account.
and even the price of that went up from $24.95 to $29.95

http://www.tdcanadatrust.com/product...nts/select.jsp

keep $5000 in there and it's free

[TomcoPDR]

Originally posted by Mack10


Its not the Infiniti account. It's the Select Service account.
and even the price of that went up from $24.95 to $29.95

http://www.tdcanadatrust.com/product...nts/select.jsp

Originally posted by G-ZUS


keep $5000 in there and it's free

And you also get the TD Gold elite credit card fee waived. (which comes with a TD Auto club too)

[Cos]

.

[4DoorGTZ]

Originally posted by Cos
Yeah TD sucks unless you keep some minimums in their account. After that I love their services.

I wouldnt go anywhere else now that i have some cash in the accounts to waive their retarded fees.

Ditto, in the last 10yrs I think i've paid their fee's twice for dipping below the minimums.

[turbotrip]

ive been on a waitlist at 2 different locations for 4 years at one and 2 years at the otehr for the smallest goddam deposit box.
i should demand these bastards give me my credit from the select service account

[ipeefreely]

Originally posted by Cos
Yeah TD sucks unless you keep some minimums in their account. After that I love their services.

I wouldnt go anywhere else now that i have some cash in the accounts to waive their retarded fees.

Originally posted by 4DoorGTZ


Ditto, in the last 10yrs I think i've paid their fee's twice for dipping below the minimums.

Did you guys get a letter when the upped the minimums back in August?
I dipped below $1,500 on their value account and got charged when I thought the min was $1,000. I looked back at my monthly statements and they changed it back in August, I just don't recall ever getting a letter of the change...

I did get a letter this month saying they're jacking up the fees on my line of credit account too (I don't use it but fuck!)...