Released in 1997 and made popular by Edward Snowden and Glenn Greenwald, GnuPG has a reputation as one of the most reliable and established encryption methods. A text file encrypted with the Gnu Privacy Guard ensures a secure and accessible password storage.
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Pro Text files can be read across any modern platform
And many obselete ones.
Pro GPG/PGP is a standard encryption format
Pro Uses symmetric key encryption to ensure that emails are secure
Pro Free to use and modify
GPG does not use patented algorithms, so this service is free to use and modify without restrictions.
Pro No dependencies
GnuPG does not depend on a reading program in order to be functional.
Pro Outstanding compatibility
GPG is standard on most operating systems, and is compatible with "too many to list". A GPG API is currently being developed for further integration.