Monday, January 5, 2009

How old do you have to be to open bank account

I think you can open one at any age as long as your parents are on your account.This is a great way for teens and moms to earn extra money using your computers. My link explains:http://sites.google.com/site/holidaydebt...Must be 13 yrs. old or older.
      Answer1:At 17 you can open a student checking account and you will receive a debit card (only with visa if your parents sign in).At any age you can open up something called a custodail savings accountthis will give you an ATM (debit) if your parents sign on).You can make up to 4 withdrawls/debits / monthAt any age you can get your parents to open up a credit card account under their name and make you an authorized user. You will be able to use this for any online purchases.When you get the credit card bill in about 25 days you have to make sure you pay the bill in full each month or it can basically destroy your future./
      Answer2:I was very small, like 6 or 7 and yes my Dad took me to the bank to open an account but I did all the signing and stuff. (Still have the bank book with my little childish signature on it etc). I was the one who received the letters from the bank over the years, they were completely addressed to me. When I was 13 or whatever the bank told me there would be a better account such as one with a cashline card for an ATM machine. When I was 16 or so they gave me the equivalent to a Solo card (a little used debit card) and when I was a student at college I got given a student account with a proper debit card. None of this had anything to do with my parents except that my dad accompanied me the first time.

No comments:

Post a Comment