Bank Accounts - 18+This is a featured page

When can I open a cheque account?
When you are 18 banks will let you open a cheque account and sign cheques on the account. At this age they will give you an ATM card so you can withdraw money from an ATM (automatic teller machine). You may be able to open a cheque account at an earlier age if you are married.

When can I borrow money?
At 18, banks will lend you money or allow you to have an overdraft if they think that you are a good risk (meaning that you will be able to pay the money back). You will be asked questions about your financial situation: how often money will be coming into your bank account and how much that will be, whether you have any savings, your living costs e

At what age will a bank issue me with a credit card?
Banks will not usually give credit cards to young people under 18 although this may vary depending on the policy of the credit card company.


YouthLaw
YouthLaw
Latest page update: made by YouthLaw , Nov 25 2009, 8:03 PM EST (about this update About This Update YouthLaw Edited by YouthLaw

173 words added

view changes

- complete history)
More Info: links to this page

Anonymous  (Get credit for your thread)


There are no threads for this page.  Be the first to start a new thread.

Related Content

  (what's this?Related ContentThanks to keyword tags, links to related pages and threads are added to the bottom of your pages. Up to 15 links are shown, determined by matching tags and by how recently the content was updated; keeping the most current at the top. Share your feedback on Wetpaint Central.)