Best Cash Safe To Have This 2023
Investing in a fireproof money safe can help secure your cash from theft and fire. Prioritizing home security and protecting your important documents from burglars and natural disasters can be challenging, but choosing the right safe with the best features can help secure your investments.
What Is a Cash Safe?
A home safe often has a digital lock to secure its contents from fire or theft. Fireproof safes are fire-resistant against heat and smoke over a certain time period. They can protect paper documents and small amounts of cash but are often made of a relatively thin material that can be cut or sawed through.
Because of this, investing in a composite safe or one that has protection against both burglars and fires is ideal. This provides you with the best of both worlds and can help ensure that your valuables remain safe.
As you choose between different features, find a model and brand that offers a high enough theft rating in line with the maximum cash value you keep in your safe.
Best Cash Safe To Choose From
To help you find the best fireproof safe for cash, the products below have all the features you need to keep your belongings safe and secure.
1. Steelwater Fireproof Safe
This Steelwater fireproof safe is rated to withstand a 2-hour fire at 1850°F. It has two layers of steel and a total interior capacity of 1.44 cubic feet, weighing 143 lbs. However, it is more expensive than other safes, priced at $499.00. It has two active rectangular locking bolts and two stationary rectangular locking bolts on the hinge side.
Both the combination and key must be unlocked to open the safe, making it very secure.
Pros
- Has a removable drawer and shelf for easy organization
- Door swings 180 plus degrees
- Has a combination and key dual locking system
Cons
- Lacks waterproof and anti-burglary features
- Some reviewers claim it is difficult to open
- Moving bolts are folded metal and not solid
2. Amazon Basics Steel Home Security Safe
This Amazon Basics Safe is made up of a sturdy 14-gauge heavy-duty steel body and has 4 large 0.75-inch bolts on the outside and inside of the safe, protecting your cash. The electronic keypad allows you to program a custom code, requiring a 9V battery to power the safe.
It is fire-resistant, complying with the UL 72 Standard for Safety Tests for Fire Resistance of Record Protection Equipment.
Pros
- Includes backup key for emergency use
- Has a limited 1-year warranty
- Has fire resistance for 20 minutes at 1200°F
Cons
- Some users claim it is easy to break into
- Item is a little lightweight at 55 pounds
- Lacks LED light
3. SentrySafe Fireproof and Waterproof Safe
This Sentry model is UL Classified to endure fires for 1 hour at 1700°F. It can also withstand a 15-foot fall while securing your belongings, making it one of the best fireproof safes for cash.
In addition, it is waterproof and ETL verified to provide 24 hours of protection for up to 8 inches of water during a flood or other accident. In addition, the hinge bar is pry-resistant against forced entry.
Pros
- Relatively affordable price
- Has an interior light
- Comes with a secondary locking key
Cons
- Plastic handlebar can be flimsy
- Some models have defects
- Expensive refund fe
4. SereneLife Safe Box
This SereneLife model is a compact safe with plenty of features that allow you to hide your cash in your home. It can be mounted on a wall or the floor, requiring 4 AA batteries to operate the digital electronic lock. It is also budget-friendly, priced at $44.50. It also comes with two manual override keys in the event that you forget the code to the lock.
Pros
- Includes two mounting bolts
- Compact size for easy installation
- Affordable price for those on a budget
Cons
- Not fireproof
- Some reviews claim it isn’t very secure
- Handle could be improved
5. Stalwart Electronic Digital Steel Safe Box
This Stalwart safe has plenty of useful features, including an LED keypad that can be programmed with codes ranging between 3-8 digits. In addition, it comes with an alarm that will sound for 20 seconds after 3 incorrect codes, and after 3 more incorrect entries, it will sound for 5 minutes, alerting you of potential theft.
Pros
- Model comes at an affordable price
- Comes with an alarm in case of theft
- Convenient size for small spaces
Cons
- Lacks fireproofing
- Some models are defective
- Customer service could be improved
6. TIGERKING Security Home Safe
The TIGERKING safe is equipped with 6 live locking bolts to prevent forced entry and theft. It is extremely spacious to hold valuable products and other items, with removable shelves and an inside locking box. The digital lock comes with a manual override key in case you forget your entry code.
Pros
- Model has a spacious interior
- Dual alarm system in case of theft
- Instructions are easy to follow
Cons
- Lacks keyboard screen protector
- Quality control can be improved
- Lacks fireproof protection
7. HONEYWELL Fire Resistant Steel Security Safe Box
Honeywell 6108 is a small fireproof safe for cash. It comes with a concealed hinge to prevent theft and forced entry to the safe. It also has a foam-padded floor mat to protect jewelry in addition to any currency so that it isn’t scratched by the steel construction of the box. The convenient carry handle allows users to bring the safe to their home, office, or to travel.
Pros
- Good value for money
- Comes with a handle
- Includes a product warranty
Cons
- Build quality can be improved
- Some models are defective
- Lacks waterproofing
8. Amazon Basics Small, Slim Desk Drawer Security Safe
This Amazon Basics safe with a digital lock has a slim build that can easily fit inside a desk drawer. The 2 live-door bolts and pry-resistant hinges prevent unauthorized access. It also comes with pre-drilled mounting holes and hardware to help you mount the safe so that it remains fixed to your desk.
Pros
- Can be concealed in desk drawer
- Sturdy and secure
- Heavy build prevents theft
Cons
- Battery cover can be improved
- Door is not spring-loaded
- Small size means limited storage space
Benefits Of Having A Safe For Cash
If you live in an area with plenty of natural disasters that can impact bank and ATM networks, having a safe can provide better peace of mind when storing currency at home. A digital lock can deter burglars from accessing your most valuable possessions compared to a cash safe.
In addition, a fireproof money safe can prevent these items from getting destroyed if a fire breaks out in your home. This also means that you can focus on escaping the house in the event of a fire instead of trying to get the items from your safe.
Lastly, it may be cheaper to invest in a home safe compared to renting out a safe deposit box at the bank or an account that comes with monthly or annual fees. All you need to pay is a one-time fee to purchase a safe for your home that can last for many years.
Frequently Asked Questions
Here are some common questions that buyers have when purchasing safes for their home.
Should I keep my money in the bank or a safe?
Ideally, keeping the bulk of your money in the bank is safer since deposits are guaranteed by the FDIC for bank accounts. However, keeping $1,000 or so in a safe at home can provide a good backup for daily expenses and emergency funds if bank networks or ATM machines are down.
Where should you not hide money in your house?
In order to avoid theft, you should avoid hiding money under the mattress, in your bedroom closet, in dresser drawers, portable cash boxes, and medicine cabinets.
Will money burn in a fireproof safe?
A small fireproof safe for cash can protect your cash for a limited amount of time under certain temperatures, depending on its rating. However, not all safes have a strong fireproof rating, so it is best to invest in a high-quality model.
Investing in safes can safeguard any valuables you have at home. Break-ins, fires, and floods can cause damage to your belongings unless you take the right measures to protect them. With the variety of safes on the market today, you’re sure to find the best fit for your needs.
Read on to learn more about the best home security systems for your needs on Security Forward today!