How old do you have to be to open a checking account?

You need to be at least 18 years old to open a checking account. If you are 13-17 years old, you can open a teen checking account with a parent or legal guardian as a joint owner. You need a parent or legal guardian to open the account.

A teen checking account often comes with certain restrictions such as withdrawal limits. But it gives you access to many features like a debit card and mobile and online banking.

When the minor turns 18, the teen account often becomes a normal checking account automatically. Before opening a teen account, look at the terms and fees for both the teen and regular checking accounts.