Bank account?

Question

My friend who is 21 wants to open a bank account in my name, with him as the main person on the account, and me the extra because I am under 18. Is it possible for him to do this so I can access the money in the account?

Answer 1

What happens if he goes overdrawn and you have to share the responsibility ?

Answer 2

It is possible for him to do that.  If your name is on the account with him you have access to the account.

Answer 3

TODAY I GOT THE CHASE HIGH SCHOOL CHECKING ACCOUNT FOR THOSE 13-17. IT IS LINKED TO A PARENTS ACCOUNT. MY PACKAGE COMES WITH A VISA CHECK CARD. THERE ARE NO SERVICE FEES. ALL THE RULES APPLY WITH THIS ACCOUNT EXCEPT IF YOU OVERDRAFT IT IS TAKEN FROM YOUR PARENTS. SO BE CAREFUL. IT CONVERTS TO A FREE CHECKING ACCOUNT WHEN YOU TURN 19.

http://www.chase.com/ccp/index.jsp?pg_na...