do you need to have job in order to open a bank account?

Question

i earn money by babysitting and what my parents give me.i'm not working until i finish the school year.

Answer 1

Hi,I know you can open an account for yourself.It is a very wise decision you are making.You do not need a job to open an account.You will earn a % on your account,the bank will pay you, for them to use your money.This will be a good way to welcome you to having your own money and saving it.You will be surprised at how fast you will save up a good amount in a short time.Good Luck on your venture. ROSCO

Answer 2

No. Typically you just need 2 forms of id (usually a ss card and DL if you dont have those most banks will usually take a picture id and birth certificate or insurance card just another form of id to show them you are who you say you are) and enough money to open an account usually it is about 100$ the bank i work at now its 200 but all the others ive seen are 100 and if you are a minor you will have to have a parent sign on the account b/c you are a minor and cannot legally enter a contract..(so if you were to go into the neg. the bank could not go after you since you are a minor just your mom and dad b/c they said they would be responsible)

Edit added....
You will NOT get any interest or % of money on an account unless it is interest bearing account I.E. Money market accounts, Savings accounts etc not just a reg. free (or even reg) checking account.

Answer 3

no, but age limits are in place at most banking institutions which would require a co-signer who is an adult to be on the account at least until you are 18 in most states.

Answer 4

no. you need to have the money needed to open an account

Answer 5

Nope you just need money

Answer 6

nop.as long u have money.

Answer 7

no, just need ss #
id's and $$$$$$