Open a bank account
Ages 15-17
- Having a bank account is important for budgeting, paying bills and saving.
- A chequing account is good for budgeting and paying bills and a savings account is good for putting money aside.
- You can open a bank account for yourself. You can ask someone you trust to help you.
- Some people might open a joint bank account with a parent or a legal guardian.
- Any individual who is a member of the joint account can withdraw from the account and deposit to it.
Suggested Resources
- Government of Canada has information on how to open a bank account.
Ages 18-21
- Having a bank account is important for budgeting, paying bills and saving.
- A chequing account is good for budgeting and paying bills and a savings account is good for putting money aside.
- You can open a bank account for yourself. You can ask someone you trust to help you.
- Some people might open a joint bank account with a parent or a legal guardian.
- Any individual who is a member of the joint account can withdraw from the account and deposit to it.
Suggested Resources
- Government of Canada has information on how to open a bank account.
Ages 22-40
- Having a bank account is important for budgeting, paying bills and saving.
- A chequing account is good for budgeting and paying bills and a savings account is good for putting money aside.
- You can open a bank account for yourself. You can ask someone you trust to help you.
- Some people might open a joint bank account with a parent or a legal guardian.
- Any individual who is a member of the joint account can withdraw from the account and deposit to it.
Suggested Resources
- Government of Canada has information on how to open a bank account.
Ages 41 and over
- Having a bank account is important for budgeting, paying bills and saving.
- A chequing account is good for budgeting and paying bills and a savings account is good for putting money aside.
- You can open a bank account for yourself. You can ask someone you trust to help you.
- Some people might open a joint bank account with a parent or a legal guardian.
- Any individual who is a member of the joint account can withdraw from the account and deposit to it.
Suggested Resources
- Government of Canada has information on how to open a bank account.