Tools & Equipment

The 10 Best Magnetic Bit Holders of 2020

Best Magnetic Bit Holder

Photo:  DeWalt

Magnetic drill bit holders are invaluable accessories that promise to make the work of impact and drive drill owners much easier.

These bit holders are designed to eliminate problems such as screw slipping and misalignment, especially when trying to drive these components through tough surfaces such as walls.

A magnetic bit holder will not only ensure that screws remain firmly secured on the bit tips, but they also prevent wobbling.

In our magnetic bit holders review, we help you pick the strongest, most powerful, and most secure of these accessories, to boost your projects’ productivity and efficiency.

10 Best Magnetic Bit Holders – Review

IMAGE

​PRODUCT

​FEATURES

DeWalt DW2054

1. DeWalt DW2054 (Best Overall)

  • Magnetic slip/wobble elimination
  • Premium 3-piece set
  • Retractable guide sleeve
  • Good value for money
Neiko 00244A

2. Neiko 00244A (Best for the Money)

  • Pocket-friendly 4-piece set
  • Versatile multi-use set
  • Premium steel construction
  • Enhanced secure socket fitting
Bosch ITBHQC201

3. Bosch ITBHQC201 (Best for Impact Drivers)

  • Absorbs high-torque impact
  • High bit tip stress reduction
  • Machined core boosts durability
  • Improved bit visibility
DeWalt DW2055

4. DeWalt DW2055 (Best for Long Screws)

  • The long screw holding capacity
  • Protective self-retracting sleeve
  • Reliable wobble/slip prevention
  • Durable metallic construction
DeWalt DW2095

5. DeWalt DW2095 (Versatile)

  • Versatile guide and bit set
  • Eliminates screw wobble/slipping
  • Long 4-inch screw driving
  • Reliable finger/work area protection
Makita B-35097

6. Makita B-35097 (Superior Magnetic Strength)

  • Exceptional magnetic strength
  • Advanced torsion performance
  • 2-piece torsion-activation design
  • Durable steel construction
Metabo HPT 115003

7. Metabo HPT 115003 (High Holding Power)

  • Superior holding power
  • Durable steel construction
  • Impact and torque-ready shaft
  • Resists rust and corrosion
Makita B-35106

8. Makita B-35106 (Durable)

  • Supports high-torque applications
  • Efficient bit tip pressure management
  • Durable and strong steel build
  • Full torsion technology activation
Neiko 00238A

9. Neiko 00238A (For High-Speed Drilling)

  • Strong hardened shaft
  • Versatile for multiple applications
  • Ideal for high-speed drilling
  • Adjustable screwdriver depth
IIT 64510

10. IIT 64510 (For Hard-to-Reach Spaces)

  • Long extensions for superior reach
  • Secure shanks attachment to drill
  • Supports handheld drill operation
  • Long-lasting steel construction

PRODUCT

1. DeWalt DW2054

(Best Overall)

DeWalt DW2054
  • Magnetic slip/wobble elimination
  • Premium 3-piece set
  • Retractable guide sleeve
  • Good value for money

2. Neiko 00244A 

(Best for the Money)

Neiko 00244A
  • Pocket-friendly 4-piece set
  • Versatile multi-use set
  • Premium steel construction
  • Enhanced secure socket fitting

3. Bosch ITBHQC201 

(Best for Impact Drivers)

Bosch ITBHQC201
  • Absorbs high-torque impact
  • High bit tip stress reduction
  • Machined core boosts durability
  • Improved bit visibility

4. DeWalt DW2055

(Best for Long Screws)

DeWalt DW2055
  • The long screw holding capacity
  • Protective self-retracting sleeve
  • Reliable wobble/slip prevention
  • Durable metallic construction

5. DeWalt DW2095 

(Versatile)

DeWalt DW2095
  • Versatile guide and bit set
  • Eliminates screw wobble/slipping
  • Long 4-inch screw driving
  • Reliable finger/work area protection

6. Makita B-35097 

(Superior Magnetic Strength)

Makita B-35097
  • Exceptional magnetic strength
  • Advanced torsion performance
  • 2-piece torsion-activation design
  • Durable steel construction

7. Metabo HPT 115003 

(High Holding Power)

Metabo HPT 115003
  • Superior holding power
  • Durable steel construction
  • Impact and torque-ready shaft
  • Resists rust and corrosion

8. Makita B-35106 

(Durable)

Makita B-35106
  • Supports high-torque applications
  • Efficient bit tip pressure management
  • Durable and strong steel build
  • Full torsion technology activation

9. Neiko 00238A 

(For High-Speed Drilling)

Neiko 00238A
  • Strong hardened shaft
  • Versatile for multiple applications
  • Ideal for high-speed drilling
  • Adjustable screwdriver depth

10. IIT 64510 

(For Hard-to-Reach Spaces)

IIT 64510
  • Long extensions for superior reach
  • Secure shanks attachment to drill
  • Supports handheld drill operation
  • Long-lasting steel construction

1. Best Overall: DeWalt DW2054

DeWalt DW2054

Photo: DeWalt

  • Hex Shank Size: 1/4-inch
  • Length: 3 inches
  • Materials:  Metal

Coming in first is DeWalt DW2054, our best overall magnetic bit holder set.  It contains 3 high-quality bit holders that are not only strong and durable but also offer some great value for money.

With this top-rated magnetic bit holder, you can forget about challenges such as screw wobbling and slipping. The holder’s strong magnet boosts accuracy and precision, which makes it ideal for at-home applications such as hanging drywall

You get three 3-inch drive guides all of which fit the standard 1/4-inch hex shank. So, they will fit on almost all of your impact drivers.

Each of these accessories features a barrel-shaped, self-retracting guide sleeve, which not only keeps screws securely attached to the guide but also ensures you can use the drill without touching the screw.

We do wish, however, that a carry case would have been included to keep the set organized.

Pros:

  • Eliminates screw wobbling
  • Firm magnetic screw attachment
  • Reduces hand contact with screws
  • Great value for money

Cons:

  • The set could use a carry case

2. Best for the Money: Neiko 00244A

Neiko 00244A

Photo: Neiko

  • Hex Shank Size: 14-inch
  • Length: 2.4 inches, 2x 2.6 inches, 2.9 inches
  • Materials: Chrome vanadium steel

Neiko 00244A is a premium magnetic bit holder set that offers the best value for your money. The set offers 4 high-performance bit holders and socket adapters, for versatility.

The set contains one 1/4-inch hex shank magnetic bit holder, which is designed to thrive in jobs that demand reaching into hard-to-reach spaces. The adapters have a detent-ball design to ensure secure locking in the socket.

You can count on the strength and durability of these holders thanks to their chrome vanadium steel construction, which has been heat-treated to boost dexterity. A black phosphate coating finish has been applied to these accessories to prevent rust and corrosion.

Because this set offers 4 holders, it would have been great if Neiko included a case to simplify storage and organization.

Pros:

  • A versatile 4-piece set
  • Secure socket locking
  • Durable steel construction
  • Resists corrosion and rust

Cons:

  • The 4 holders could use a case

3. Best for Impact Drivers: Bosch ITBHQC201

Bosch ITBHQC201

Photo: Bosch

  • Hex Shank Size: 1/4-inch
  • Length: 2 inches
  • Materials: Steel, Plastic

If you’re a regular user of high-torque impact driver then Bosch ITBHQC201 is the most ideal magnetic bit holder you can get for your tools.

This 2-inch component is built on an advanced design featuring an extended torsion zone that helps absorb the high torque that’s common in new impact drivers. The efficient absorption of torque peaks reduces stress at the bit tip.

It also features a machined tip that helps reduce cam-out and breakage. Component durability is also enhanced by a heat-treated manufacturing process, which strengthens the entire unit. Overall, this holder promises 10 times more life compared to standard impact bits.

Also, there’s the high-visibility sleeve, which features laser-etched marking for enhanced user convenience.

Since this holder requires pulling back its sleeve to insert bit, it is a 2-handed component that may sometimes slow you down.

Pros:

  • Superior torque absorption
  • Reduced bit tip stress
  • Manufactured for Superior durability
  • Enhanced user convenience

Cons:

  • It’s 2-hand operation isn’t the most efficient

4. Best for Long Screws: DeWalt DW2055

DeWalt DW2055

Photo: DeWalt

  • Hex Shank Size: 1/4-inch
  • Length: 6 inches
  • Materials: Metal

The superior 6-inch length of DeWalt DW2055 makes this magnetic bit holder ideal for extra-long screws that shorter extensions are unable to accommodate.

This holder will accept and drive up to size 10 screws, which makes allows driving of screws into large and tough surfaces, for those projects that demand them.

A self-retracting guide sleeve works well to protect your fingers from coming into contact with the rotating screw, while at the same time, holding the screw in place so that it will not wobble or slip off the bit.

Because this holder is made of premium metal, expect it to last for long even when continuously subjected to intensive driving applications.

An issue you may encounter with this bit holder is tied to its 6-inch length. Because this accessory is extra-long, you may find yourself leaning awkwardly in some sports, especially when driving drawn-out screws, such as 2-inch ones.

Pros:

  • Holds extra-long screws
  • Effective finger protection
  • Reliable wobble and slip prevention
  • Long-lasting build quality

Cons:

  • May cause awkward operator positioning

5. Versatile: DeWalt DW2095

DeWalt DW2095

Photo: DeWalt

  • Hex Shank Size: 1/4-inch
  • Length: 2 inches, 4 inches
  • Materials: Metal

DeWalt DW2095 is a robust magnetic bit holder set that contains many accessories to boost tool versatility for your drill and drive-related projects.

The set offers 2 premiums magnetic drive guides; one guide drives screws up to 2 inches long, while the second drives 4-inch screws. You will find this guide reliable in intensive projects.

Also included in this set are 3 Square/Phillips/flat head bits to complement the versatile bit holders. With this versatile and inexpensive set, you can get started on your projects without buying any new accessories.

A self-retracting clear guide sleeve offers reliable protection for your fingers while simultaneously complementing the powerful magnetic system to hold screws in place, thus eliminating the perennial problems of wobbling and slipping.

Since the longer extension is made of clear plastic for enhanced visibility, the choice of material may bring its durability in question.

Pros:

  • A versatile drive guide set
  • Screw wobble and slip elimination
  • Drives up to 4-inch screws
  • Finger and work surface protection

Cons:

  • The longer extension has plastic parts

6. Superior Magnetic Strength: Makita B-35097

Makita B-35097

Photo: Makita

  • Hex Shank Size: 1/4-inch
  • Length: 3 inches
  • Materials: Steel, Plastic

Designed for use with high-torque impact drivers, Makita B-35097 offers superior magnetic and bit retention strength thanks to its adoption of a rare earth neodymium magnet.

This magnet provides up to 2 times more strength than standard magnets, ensuring that even when driving with powerful tools, screws will not fall off or wobble. It is also great for screw extraction.

The holder is built on Makita’s high-performance Xtreme torsion technology, which has been engineered to support the flexing of the bit holder’s torsion section, when under load. This capability allows easing of pressure off the bit tip, increasing component durability.

Full activation of the torsion technology is made possible by the component’s 2-piece design. And to boost durability, this holder is built using high-quality steel.

Because this holder is built exclusively for use with impact drivers, you will not be able to use it on drill divers, which would extend the component’s robustness.

Pros:

  • Superior magnetic strength
  • Eases pressure from bit tip
  • Enhanced torsion technology activation
  • High-quality steel construction

Cons:

  • Works with impact drivers only

7. High Holding Power: Metabo HPT 115003

Metabo HPT 115003

Photo: Metabo HPT

  • Hex Shank Size: 1/4-inch
  • Length 2 inches
  • Materials: Steel

Metabo HPT 115003 is a high-performance bit holder, which features a patented magnetic collar design, which not only enhances bit grip but enhances your tool’s driving control. Because of this collar design, the holding power of this component’s faster is very high.

Featuring a quick-change design, getting this component in and out of your tools is a fast and effortless process. It is a great all-rounder that suits a wide of driving applications.

It a strong 2-piece, and the holders have been built using S2 steel for added strength and enhanced durability. The holder’s 1/4-inch shaft is also impact-ready, which means it is capable of absorbing high torques without any dips in performance.

To prevent rusting and corrosion, this component has been coated with a protective black oxide finish. Expect it to thrive even in the harshest of conditions.

An issue you may encounter with the Metabo HPT 115003 is cleaning difficulty, which is cases by an accumulation of metal shaving, which can clog the bit.

Pros:

  • High fastener holding power
  • String steel construction
  • Impact-ready shaft
  • Rust and corrosion-resistant

Cons:

  • Not the easiest to clean

8. Durable: Makita B-35106

Makita B-35106

Photo: Makita

  • Hex Shank Size: 1/4-inch
  • Length: 2.63 inches
  • Materials: Steel

Makita B-35106 stands out from the pack because of its strength, a quality that makes it durable and reliable over its entire lifetime.

It is optimized for use with Makita impact Gold insert bits because of its superior strength. And because this holder works best with impact drivers, the component has been engineered using high-quality steel to handle high torques.

Just like other Makita premium bit holders, this one also features Xtreme torsion technology, which allows flexing of the bit holder’s torsion section while under load. Flexing helps ease the pressure exerted on the tip bit during high-torque operations.

The full activation of torsion technology is ensured by the holder’s 2-piece design. This technology works well to boost the durability of this accessory even with heavy-duty usage.

Because the Makita B-35106 is engineered for impact drills, you may experience inefficiencies when you attempt to use it with non-impact drills.

Pros:

  • Strengthened for high-impact bits
  • Optimized for high-torque application
  • Efficient bit pressure neutralization
  • Reliable torsion technology activates fully

Cons:

  • Not ideal for non-impact drills

9. For High-Speed Drilling: Neiko 00238A

Neiko 00238A

Photo: Neiko

  • Hex Shank Size: 1/4-inch
  • Length: 2.36 inches
  • Materials: Steel

Because of the Neiko 00238A’s straight and strong shaft, this drill extension helps speed up the drilling process while eliminating the perennial problem of screw slipping and wobbling.

It is also a very versatile accessory that comes ready for impact shafts. The holder features an adjustable depth, which allows you to set screws in straight and in predetermined lengths.

The holder also thrives in a wide number of applications, including deck building, wood framing, plywood installation, building crates, subfloors, and many projects.

To ensure this bit holder remains strong as it powers through all the heavy-duty applications, it comes with a hardened steel shaft, which is also built to resist corrosion. You are guaranteed of long-lasting durability with this bit holder.

Although the Neiko 00238A’s depth adjustment is a well-thought feature, it takes some effort to get it working well each time you set it.

Pros:

  • Strengthened shaft
  • Adjustable screw depth
  • Versatile multi-application holder
  • Durable corrosion-resistant build

Cons:

  • Depth adjustment can be cumbersome

10. For Hard-to-reach Spaces: IIT 64510

IIT 64510

Photo: IIT

  • Hex Shank Size: 1/4-inch
  • Length: 2 inches, 4 inches, 6 inches
  • Materials: Metal

IIT 64510 is offered as a set of 3 multi-length metallic bit extensions and holders, which especially excel in handling hard-to-reach screws, nuts, and spaces.

Their superior reach is made possible not just by the superior extension length, but also by its slim profile, especially at the shaft section.

The magnetized ends help hold bits securely, while also preventing screws from dropping off the bit during the driving process. A 1/4-inch hex shank helps secure the chucks firmly inside impact drivers.

You’ll also find these holders great for hand-held drivers, especially because of their full-metallic profile.

A steel strong steel construction also boosts holder durability and the fact that you get three of these durable units ensures you can depend on them for a long while before replacement becomes necessary.

Because these holders are fully-metallic, they don’t come with a retractable sleeve, which helps to retain bits and protect fingers.

Pros:

  • Superior screw reach
  • Shank fits securely in drills
  • Ideal for hand-held drivers
  • Durable steel construction

Cons:

  • No retractable sleeves

How to Buy the Best Magnetic Bit Holder

How to Buy the Best Magnetic Bit Holder

Photo: Bosch

1. Fits (Hex Size)

When choosing a magnetic bit holder, it’s important to remember that because this component will serve the role of extending the bits, it needs to fit in your drill’s chuck as any other bit holder would.

To ensure drive or impact-drill compatibility, the hex size of the magnetic holder’s shank needs to be the same size as the chuck. The most standard hex size for magnetic bit holders is 1/4-inch.

The fact that 1/4-inch is the most standard means that many holders will be of this size. For instance, all the magnetic bit holders on our list have 1/4-inch shanks.

2. Length

Magnetic bit holders come in varying lengths, depending on the brand, type, and recommended uses. Some holders are as short as 2 inches, while others measure up to 6 inches in length.

Short bit holders are ideal for high-torque impact drivers, which produce a lot of power. The power is absorbed well over a short distance and then transferred rapidly to the bit’s tips.

Long bit holders, such as the DeWalt DW2055, are ideal for holding longer screws or for delivery of the same in hard-to-reach spaces. Your choice of length will depend on the driver's strength and applications you commonly undertake.

3. Strength

Your magnetic bit holder’s strength is another important factor to consider when choosing the accessory.

Some drivers, especially impact ones, produce high driving power, which in form of torque. If this power is not absorbed by an equally strong extension, it can rapture that shatter the component.

If you use impact drivers, consider high-strength bit holders such as Bosch ITBHQC201 and Makita B-35106. These are designed for flexing under loads to ease bit tip pressure.

That said, all the other bit holders on our list are high-strength and should handle significant loads without bending or breaking.

4. Durability

In their entire lifetime, magnetic bit holders are subjected to a great deal of stress. They absorb hammering impact, rotational stress, and constant contact with other metallic components.

That’s why durability is a top priority when choosing bit holders. Luckily for you, most of the top bit holders in the market are built to last.

You’ll especially enjoy durability and reliability from steel bit holders. This material is strong and resistant to rapid wear.

The durability of this accessory is also enhanced by special finishes, such as a black oxide or black phosphate coating. Both are effective in preventing rusting and corrosion.

5. Versatile

The versatility of your magnetic bit holder largely depends on its ability to adapt to many drivers and related applications.

A highly versatile holder is also one that comes with many accompanying accessories such as actual bits and socket adapters. DeWalt DW2095 is a highly-versatile holder set.

Neiko 00238A is another strong and versatile bit holder you can consider getting. It’s the holder’s multiple-application support that makes it versatile. It thrives in deck building, wood framing, plywood installation, crate building, and many more tasks. 

Conclusion

Our magnetic bit holder review demonstrates the transformative value these accessories can add to your screw driving projects.

If you want the best-performing holder, get the DeWalt DW2054. It a set of three strong bit holders self-retracting guide sleeves to protect your fingers and hold bits securely.

If you’re on a budget, you can get the Neiko 00244A bit and its 3 versatile hex shank socket adapters.

And if you desire maximum productivity from your bit holder, pick the DeWalt DW2095 set for its assortment of accessories, which boost tool versatility.

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