Open Bank Account For Child Citibank

Open a bank account online or simply enjoy our 24 hour citiphone banking facility.

Open bank account for child citibank.

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. It s what lee harris did for his daughter he had her earn money at her job toward the deposit. Citibank basic bank savings account offers easy online banking coupled with numerous benefits. Plus check the competitive interest rates on cds.

Earn interest with your checking account. 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. While it might be possible to open a checking account for your child it s better to open a savings account.

For the current terms and conditions please visit our website. If a tin is unavailable an appropriate reason will have to be provided. Start your child off with a secured credit card. The problem is that you need to sign a contract to open an account and contracts signed by minors are complicated.

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. Provide your taxpayer identification number tin. How to open a bank account for children. When opening a bank account for your child it s important to choose a strong financial institution and the right type of account.

Your child who is 15 years and older can access his funds via atm machines or citibank online if you the adult account holder authorise to give the child the citicard. Make payments by check anytime and save yourself the hassles of settling by cash. Original documents need to be shown to the bank for. Visit any citibank branch to open an account in person.

Citibank terms and conditions apply are subject to change and are available upon request. Containing the current residential address or bank statements issued by a bank. A secured credit card requires a cash deposit to open a credit card account and the cash deposit acts as collateral in case the cardholder doesn t pay his or her bills. For people under the age of 18 opening a bank account is hard.

The interest bearing citibank checklink savings account is a class above conventional current accounts.