How to Open a Bank Account at 17

You can open a bank account at 17, but the rules depend on your bank and whether a parent or guardian co-signs

Most banks let you open a checking or savings account at 17 with a parent or guardian present. Some banks have accounts designed specifically for teenagers and require a co-signer; others let you open a standard account on your own at 17 in certain states. The fastest way to find out what your bank offers is to call the branch directly or visit in person with your ID and a parent or guardian if you have one.

The main difference between opening an account at 17 versus 18 is that you may need a co-signer — someone (usually a parent) who takes legal responsibility for the account alongside you. This protects the bank if something goes wrong. Once you turn 18, you can open and manage accounts entirely on your own.

Key Takeaways

Most banks require a parent or guardian to be present and co-sign when you open an account at 17, though some states and banks have different rules.
You will need a government-issued ID (a driver's license, state ID card, or passport) and proof of your Social Security number to open an account.
Teen checking accounts often come with lower fees and spending limits, while some banks let you open a regular account with a co-signer instead.
The co-signer can usually see your account activity and set spending limits, but you control the debit card and can make deposits and withdrawals.
Bring both yourself and your parent or guardian to the bank branch in person — most banks will not let you open an account at 17 online alone.

What documents you need to bring

Bring a government-issued photo ID in your name. A driver's license, state ID card, or passport all work. If you do not have one yet, some banks will accept a school ID plus a birth certificate, but call ahead to confirm — policies vary.

You will also need to prove your Social Security number. Bring your Social Security card, a tax return with your SSN on it, or a W-2 form if you work. If you do not have your card with you, the bank can sometimes verify your number through their system, but having the card or document makes the process faster.

Your parent or guardian will need their own government-issued ID as well. If they are opening a joint account with you, they may also need to provide their Social Security number and proof of address (a utility bill or lease works).

Teen checking accounts versus standard accounts with a co-signer

Many banks offer teen checking accounts designed for people under 18. These accounts usually come with a debit card, online banking access, and a co-signer who can monitor spending. Some teen accounts have monthly fees (often $5 to $10), while others are free. Spending limits and withdrawal caps vary by bank — some allow unlimited transactions, while others cap daily ATM withdrawals or require parental approval for large purchases.

The alternative is to open a standard checking or savings account with your parent or guardian as a co-signer. This account works like any adult account, but the co-signer has equal access and responsibility. Standard accounts often have no monthly fee if you meet a minimum balance or set up direct deposit, which can make them cheaper than teen accounts over time.

Ask your bank which option they recommend for your situation. Some banks push their teen accounts because they are designed to teach money management; others suggest a standard account because it costs less. Neither is inherently better — it depends on whether you want your parent to monitor spending closely or prefer more independence.

What happens during your first visit to the bank

Go to a branch in person with your parent or guardian and your documents. Tell the banker you want to open an account at 17. They will ask you to fill out an account process, which includes your name, address, date of birth, Social Security number, and employment status (whether you work, and if so, where).

The banker will explain the account options available to you — teen account, standard account with co-signer, or whatever else the bank offers. They will tell you about monthly fees, minimum balance requirements, and what comes with the account (debit card, online banking, mobile app access). Ask questions about anything you do not understand, especially about fees and spending limits.

Once you choose an account type, you and your parent or guardian will sign the paperwork. The banker will verify your ID and Social Security number, and may ask questions about the source of any deposits you plan to make. This is standard anti-fraud procedure and takes a few minutes. You will usually get a debit card on the spot or by mail within a week.

Rules that vary by state and bank

A few states let 17-year-olds open accounts without a co-signer, but this is uncommon. California, for example, allows minors to open accounts independently in some cases, but most banks in California still require a co-signer for anyone under 18. Check with your specific bank — they know their state's rules and can tell you whether you need a co-signer or not.

Some banks have a minimum age of 13 for teen accounts, while others start at 16 or 17. A few banks do not offer teen accounts at all and only allow accounts with a co-signer. If your bank does not have what you need, you can always open an account at a different bank — there is no penalty for switching, and you can have accounts at multiple banks at the same time.

What your co-signer can and cannot do

Your co-signer can see your account balance, transaction history, and deposits. They can set spending limits on your debit card and may be able to restrict certain types of purchases (like online shopping or ATM withdrawals). They can also freeze the account or close it if needed.

However, your co-signer does not control your debit card — you do. You can make purchases, withdraw cash, and deposit checks without asking permission each time. The co-signer's role is to oversee the account and step in if something goes wrong, not to approve every transaction. If your co-signer sets spending limits, you will straightforward be unable to spend beyond those limits until they are raised.

Once you turn 18, you can usually remove the co-signer from the account. Some banks do this automatically; others require you to visit the branch or call and request it. Ask your banker about this when you open the account so you know what to expect.

What to do if you do not have a parent or guardian available

If your parent or guardian cannot come to the bank with you, some banks will let another trusted adult co-sign instead — a grandparent, aunt, uncle, or older sibling. Call your bank and ask whether they accept co-signers other than parents. If they do, that person will need to bring their own ID and be prepared to sign the account paperwork.

If you have no adult willing or able to co-sign, you have two options. First, wait until you turn 18 and open an account on your own — this is the simplest path. Second, look for a bank or credit union that offers accounts for minors without a co-signer, though these are rare. Some community banks and credit unions have more flexible policies than large national banks, so it is worth calling around if waiting is not possible.

Frequently Asked Questions

Can I open a bank account at 17 without a parent or guardian?

Most banks require a parent or guardian to co-sign when you are 17. A few states and banks allow it without a co-signer, but this is uncommon. Call your bank directly to ask about their policy — they can tell you in one call whether you need a co-signer or not.

What if I do not have a government-issued ID?

Some banks accept a school ID plus a birth certificate instead of a driver's license or passport. Call your bank first to confirm they will accept this combination. If not, you can get a state ID card from your local DMV — the process usually takes a few weeks, so plan ahead.

Can my co-signer see everything I do with the account?

Yes, your co-signer can see your balance and all transactions. They can set spending limits on your debit card, but they cannot see your PIN or control the card itself — only you can use it to make purchases or withdraw cash. Once you turn 18, you can remove them from the account.

Do I have to use a teen checking account, or can I open a regular account instead?

You can choose either one, depending on what your bank offers. Teen accounts are designed for younger people and may have lower fees or spending limits. Regular accounts with a co-signer often cost less if you meet the minimum balance. Ask your banker which option makes sense for your situation.

What happens to my account when I turn 18?

Your account stays open and works the same way. You can remove your co-signer, though some banks do this automatically and others require you to request it. You will have full control over the account and can make all decisions on your own.

This guide is for general information only and is not medical, financial, legal, or other professional advice. For decisions specific to your situation, consult a qualified professional. See our Editorial Policy.