Master Lock Set Your Own combination Wall Mount Lock Box, 5 Key capacity, Black 5401EC Standard Dial Key Lock Box
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Changing the combination on your Master Lock 5401EC lock box isn't too tricky, but there are a few things you should keep in mind to avoid any mishaps.

First up, make sure you change the combination while the lock is open. You definitely don't want to get locked out.

Here's how to do it:

  1. Open the Lockbox: Enter your current combination to open it. If it's brand new, use the factory-set combination from the user manual.

  2. Find the Reset Lever: Inside, there’s a reset lever usually sticking out on the side. You'll need to flip it, which might need a bit of pressure.

  3. Set Your New Code: Hold the reset lever and set your new code by spinning the dials. Make it something personal but not too guessable.

  4. Lock it In: Let go of the reset lever to secure your new combo.

  5. Check it Works: Close the lockbox and try out your new combination a few times to make sure it opens easily.

One thing to be aware of is that this lock recognizes the right numbers even if they're not in the exact order. So if your combo is 4213, entering something like 1234 might still open it. It’s convenient but something to consider if you need tight security.

Also, even though it's meant to hold up to five keys, some folks have found that bulky items, like a car fob, might not fit so well.

The lockbox is pretty sturdy and handles outdoor conditions nicely, thanks to its solid metal build and protective shutter door.

It's not too hard to install on a wall, and it's perfect if you want a straightforward way to share access without fussing over batteries or anything high-tech.

For general use where convenience is your main goal, the Master Lock 5401EC should do the job. However, if top-level security is your priority, you might want to keep looking.

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$31.99 at Amazon
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$31.99 at Amazon
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Where this comes from: This answer is based on ShopSavvy's product database, real-time pricing from 1 retailers, and a look at hundreds of user reviews to give you a well-rounded picture.

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