Open Bank Account For Child Citibank

Citibank terms and conditions apply are subject to change and are available upon request.

Open bank account for child citibank.

It s what lee harris did for his daughter he had her earn money at her job toward the deposit. Original documents need to be shown to the bank for. Make payments by check anytime and save yourself the hassles of settling by cash. State laws and corporate policies vary but most banks aren t going to open accounts for anybody under 18 unless there s also an adult on the account.

The interest bearing citibank checklink savings account is a class above conventional current accounts. The problem is that you need to sign a contract to open an account and contracts signed by minors are complicated. While it might be possible to open a checking account for your child it s better to open a savings account. Plus check the competitive interest rates on cds.

Containing the current residential address or bank statements issued by a bank. For people under the age of 18 opening a bank account is hard. Make swift and hassle free payments. Open a checking or savings account with no minimum opening deposit and enroll in citi thankyou rewards to earn points with an eligible checking package.

Makes no warranties and assumes no liability or responsibility with respect to the products and services provided by partners other entities. For the current terms and conditions please visit our website. Provide your taxpayer identification number tin. Start your child off with a secured credit card.

When opening a bank account for your child it s important to choose a strong financial institution and the right type of account. How to open a bank account for children. Citibank basic bank savings account offers easy online banking coupled with numerous benefits. Open a junior savings account for your kid today and get great saving plans with citibank junior debit card for children above 15 years of age.

Visit any citibank branch to open an account in person. Citibank junior account is a kids children s savings account designed to inculcate the habit of saving in your child teach your child to manage finances to secure your child s future. Earn interest with your checking account. You must sign the citibank junior savings account application for citicard and atm pin issuance form before the issuance can take place.

If a tin is unavailable an appropriate reason will have to be provided.