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I don't think any because in most banks in the UK you have to be 11 or older to have a bank account. When you get a bank account you also will receive a debit card. Where you can take out money from a cash point.

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Q: How many 10 year olds have a bank account in UK?
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Continue Learning about Finance

How you get interest rate?

First you need a bank account and money you put the money in the bank account, wait for a year or two and then you get more money in your bank account


Can a 14-year-old get a bank account that is not joint with a parent?

No. the legal age to open a bank account that can be operated independently is 18 years. If a 14 year old wants a bank account, he/she can only get it if they have their parents (either of them) as a joint holder of the account.


How old do you have to be in the UK to have a bank account?

It depends which bank company you choose to go with and what type of account you want. If it's for a young child you can have a joint saving account with your parents, but they have control over it and you don't have a bank card. I don't know about other companies, but NatWest has an 'Adapt Account' for 11 to 18 year olds. People under 16 need to have parents permission. But 16+ don't need to and they can have a card and cheque book to use in shops/online etc. But you can have pretty much any bank account once you turn 18.


Can teenagers have bank accounts?

Yes they can. A lot of banks have accounts for children. For example, Abbey have two 'Youth Accounts', one for 11-15 year olds and one for 16-18 year olds. This isn't unusual either. RBS has an account called RBS Revolve for 11-18 year olds (which I've heard is quite good) and even has an account for 7-10 year olds, which allows them to draw up to £10 a week. I think it's a great idea! Helps children learn what money is, how quickly it goes and that it doesn't quite grow on trees! Hope this helps, Becca


How much interest should the account earn per year if you opened a bank account and deposited 500.00 and it earns 6 percent annually?

30.00

Related questions

Should thirteen year olds have ATM cards?

Yes. I had a bank account and an ATM card when I was 13.


Can twelve year-olds open savings accounts?

You need to be atleast 18 years old in order to open a bank account that you can operate individually. If you are less than 18 years old, you will be termed a minor and the bank will expect your legal guardian or parents to be a co-holder of the bank account. So, you need to take your mom or dad to get a bank account.


Are 8 year olds aloud a you tube account?

No, 13 is the age pirmitted to have a YouTube account


Can 12-year olds get a checking account?

No, not until they're eighteen.


Would 13 year olds be able to have a deviantart account?

Yes.


How you get interest rate?

First you need a bank account and money you put the money in the bank account, wait for a year or two and then you get more money in your bank account


How many 8-12 year olds have a Facebook account?

im not sure how many 8-12 year olds have facebooks but im not 12 and i have one. parents r starting to lower the age their children have to be to get a facebook. on facebook however, u have to 13.


Can a 14-year-old get a bank account that is not joint with a parent?

No. the legal age to open a bank account that can be operated independently is 18 years. If a 14 year old wants a bank account, he/she can only get it if they have their parents (either of them) as a joint holder of the account.


Can 6 year olds have have a Facebook?

You must be 13 or older to have a facebook account.


How old do you have to be in the UK to have a bank account?

It depends which bank company you choose to go with and what type of account you want. If it's for a young child you can have a joint saving account with your parents, but they have control over it and you don't have a bank card. I don't know about other companies, but NatWest has an 'Adapt Account' for 11 to 18 year olds. People under 16 need to have parents permission. But 16+ don't need to and they can have a card and cheque book to use in shops/online etc. But you can have pretty much any bank account once you turn 18.


Can teenagers have bank accounts?

Yes they can. A lot of banks have accounts for children. For example, Abbey have two 'Youth Accounts', one for 11-15 year olds and one for 16-18 year olds. This isn't unusual either. RBS has an account called RBS Revolve for 11-18 year olds (which I've heard is quite good) and even has an account for 7-10 year olds, which allows them to draw up to £10 a week. I think it's a great idea! Helps children learn what money is, how quickly it goes and that it doesn't quite grow on trees! Hope this helps, Becca


Can 11 year olds have Facebook?

You must be 13 years old to have an account on Facebook.