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There is no age limit for using an ATM card. As long as you have an ATM card you can use it. But usually banks don't issue ATM cards to children or adolescents. They may issue cards to account holders who are at least 16 years old.

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14y ago

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How much money is needed to start a bank account?

You will have to check with your bank. Some accounts don't have a minimum, while others do.


What is the minimum deposit to take out money?

The minimum deposit required to take out money varies depending on the financial institution and the type of account. For savings accounts, some banks may have no minimum deposit, while others might require a certain amount to be maintained. It's essential to check the specific terms and conditions of your bank or account type to determine the exact requirements.


Why might banks require a minimum balance be maintained n savings account?

Providing you a bank account and service at the branch means that the bank incurs some expenses or should I say cost. In order to cover for that cost, banks usually specify a minimum balance based on the type of account and services you wish to avail. This minimum balance should be sufficient to offset the cost the bank incurs in providing you with the requisite services. At the end of the day, it is a business for the bank and their motive is to make a profit while providing you with banking services. That is why they require you to maintain a minimum balance on your savings account.


What is the difference between a credit access line and a cash access line?

A credit access line allows you to borrow money up to a certain limit, while a cash access line allows you to withdraw cash directly from your account up to a certain limit.


Is it possible to have a checking account without also having a savings account?

Yes, it is possible to have a checking account without also having a savings account. Checking accounts are designed for everyday transactions like paying bills and making purchases, while savings accounts are meant for storing money and earning interest over time. Some people choose to have only a checking account for their immediate financial needs.

Related Questions

Is there a minimum account that you need to keep in a savings account?

It depends on the type of savings account you have. Usually banks don't expect a minimum balance if your account is a salary account. However, depending on the country and bank the number would vary. For ex: nationalized banks expect approximately Rs. 1000 for normal savings accounts while private banks expect much higher minimum balances.


How much money is needed to start a bank account?

You will have to check with your bank. Some accounts don't have a minimum, while others do.


If you play wow private servers while having a trial account does that mean when you get an upgraded account they will ban you?

For most private servers you have to make your own account on the server's website.


What is the minimum deposit to take out money?

The minimum deposit required to take out money varies depending on the financial institution and the type of account. For savings accounts, some banks may have no minimum deposit, while others might require a certain amount to be maintained. It's essential to check the specific terms and conditions of your bank or account type to determine the exact requirements.


Why might banks require a minimum balance be maintained n savings account?

Providing you a bank account and service at the branch means that the bank incurs some expenses or should I say cost. In order to cover for that cost, banks usually specify a minimum balance based on the type of account and services you wish to avail. This minimum balance should be sufficient to offset the cost the bank incurs in providing you with the requisite services. At the end of the day, it is a business for the bank and their motive is to make a profit while providing you with banking services. That is why they require you to maintain a minimum balance on your savings account.


Is there a limit to webpage hosting?

"While there is not an actual limit to how many webpages one may host, there are limits to determine how many webpages can be hosted on one ISP, check with your internet service provider to see how many are allowed to your account."


How much money do you need to start a checkings account?

== == Most of the major banks require a minimum balance to keep open. While some smaller banks and credit unions let this rule slide to keep customers, Financial collapse of September 2008 has forced most banks to moving back to a minimum balance rule. The amount of the minimum balance often varies depending on the bank and the type of account. Savings accounts? Many savings accounts do require minimum balances. Typically as long as you keep the minimum balance in your account, they will not charge you a fee. Many banks offer accounts with no minimum balance or a very low minimum balance.


What is the difference between a credit access line and a cash access line?

A credit access line allows you to borrow money up to a certain limit, while a cash access line allows you to withdraw cash directly from your account up to a certain limit.


Is it possible to have a checking account without also having a savings account?

Yes, it is possible to have a checking account without also having a savings account. Checking accounts are designed for everyday transactions like paying bills and making purchases, while savings accounts are meant for storing money and earning interest over time. Some people choose to have only a checking account for their immediate financial needs.


What can you do while skydiving?

the sky is the limit


What is the differrence between lel and uel?

LEL (Lower Explosive Limit) is the minimum concentration of a gas or vapor in air below which it will not ignite, while UEL (Upper Explosive Limit) is the maximum concentration above which it will not ignite. These limits are important for assessing the fire and explosion risks of gases and vapors in various settings.


What is the drinking limit in Pittsburgh pa?

age 21 limit is .7 while driving