How old must a teenager be to open a bank account?

Answer With parental involvement, most banks will let any teenager open up a basic checking or savings account. Without parental involvement, a teenager can usually open a bank account as soon as they hav... Read More »

Top Q&A For: How old must a teenager be to open a bank account

If My Bank Account Is Closed by the Bank, Does It Mean I Can't Open Another Account?

Banks close accounts for a variety of reasons, and depending on the reason your bank closed your account, you may find it difficult to open a new account at the same bank or even at another institu... Read More »

How to Choose the Right Bank Account As a Teenager?

As a teenager there are several factors to consider when choosing a bank. Saving money is an important skill to learn early in life; it provides you with a sense of purpose, an ability to interact ... Read More »

Can you open a bank account if you have bad bank history?

Most banks report to a reporting agency called Chex Systems. This organization acts much like the three major credit bureaus, except that its primary purpose is to monitor banking account history. ... Read More »

Do you need a bank account to open up a paypal account?

You do not need a bank account to open up a PayPal account. You will need some source of funding for your PayPal purchases and to verify your identity. You can use a bank account, credit card or de... Read More »