A rack and method for storing tie-down chain ratchet binders on a surface. The rack includes a base that preferably is mounted on a truck wall. A first finger is provided on the base and a first recess is defined therein. The first recess is configured so that the shaft of a chain ratchet binder is receivable therein. The rack further includes a second finger spaced laterally from the first finger and defining a second recess therein that is aligned with the first recess. The shaft of the binder is received in the first and second recesses and is supported by the first and second fingers. A plurality of similarly aligned pairs of first and second fingers with associated first and second recesses is provided on the base, vertically spaced from each other. Thus, rack is able to store a plurality of chain ratchet binders vertically spaced from each other.