How much money do I need to open a bank account?

Question

I don't have a bank account. I want to open a checking/savings account.

I only work 30 hours a week, at a fast food place.

How much do I need to open any kind of bank account?

Answer 1

anywhere from 50-100 bucks.  It depends on the bank

Answer 2

It depends on the bank. I opened mine with $25. But when my daughter went the bank was running a special. She deposited $25 and after 2 months since she stayed there they deposited an extra $100 in her checking account.  I've seen some banks advertise this with them depositing an extra $25-75 in the account.  Of course, some don't put any extra.  I would shop around.  The banks are really trying hard to get your business.

Answer 3

check out the bank before you deposit money some banks have a min. of $50 to $500 bal or you may be penelized for not enough cash in the account.