How to Make a Bank Account Under 18

Fri, 17 Apr 2026 06:07:13 +0000

**How to Make a Bank Account Under 18** Why are more young people exploring how to open a bank account at a lower age than ever before? In a digitally driven U.S. market where financial independence matters from early, making a bank account under 18 is increasingly common—and for good reason. With rising youth engagement in personal finance and digital banking tools, young customers and their families are turning to accessible ways to manage money responsibly. How making a bank account under 18 works
Open a minor account through a major U.S. bank’s youth program, typically requiring just basic identification, parental consent, and proof of identity. Most institutions offer simple options like a youth savings or checking account designed for teens and younger teens, featuring limited spending controls and educational resources. Opening usually involves a short digital form or in-branch visit, with no minimum balance required. These accounts help build early habits in budgeting, saving, and secure money management—without the risks of cash handling or unregulated apps. Common questions about banking under 18
**How do I open a bank account as a minor?**
Most banks allow account openings with a parent or guardian’s involvement. You’ll often submit a scanned ID, proof of residence, and a consent form. Some institutions offer digital-first onboarding with real-time access to balances and transfers, though with parental oversight.