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How do I open a checking account?

How do I open my own checking account as a 17 year old? Do I need to have a parents permission? What bank should I choose?

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Jorge’s Answer

Hey, that's an awesome question! I understand that starting an account might feel overwhelming. To get started, you typically need to be 18 years old to open an account by yourself at most national banks. However, some banks let you open a checking account with your parents involved too. You'll also find that certain banks offer Student accounts with no service fees. Keep in mind, many banks charge service fees or have specific requirements to avoid these fees. To dodge fees or pay less, consider credit unions and local/community banks. While credit unions need some form of membership, community banks don't. Search for a bank with handy locations, zero fees, online access/apps, and excellent savings options.

Wishing you the best!

Jorge recommends the following next steps:

Ask your parents where they bank and if they pay fees.
Look up local community banks and credit unions to see what accounts they offer.
Look for a bank that offers no fees and is easy to maintain.
Thank you comment icon Thank you! Destany
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Frank’s Answer

Hi Destany!

Hope all is well. Typically to open a checking account, banks ask that a person be 18 years of age. In this case, you can open an account with a parent and when you reach 18 you can change the account to have it as your own account.

As to which bank to choose, I recommend looking at banks that are easy to get to if you need to take money out. Remeber this is important as you go to college. Also, take a look at the different accounts to make sure you are not being charged fees for having the account / debit card. Many of the large / local banks have student accounts that are free.

I hope this helps and best of luck!

-Frankie
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HARRIETTE’s Answer

If you're under 18, you'll usually need your parents to help you open a bank account. But remember, there could be exceptions to this rule. For instance, a 17-year-old attending college might be allowed to open an account on their own, being treated as an adult. It's always a good idea to get in touch with your local bank and find out what their specific requirements are.
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Angela’s Answer

Hi Destany,

Good question! If you wanted to open a checking account at 17, you would need to go to the bank with your parent and open an account with them.

Check the website of the banks first before you go to see what documents you need. Usually banks ask for a drivers license or learner's permit, birth certificate, social security card, or passport. Do your research first to see which bank is the best for you.

Good luck!
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