How can i open a savings accoun, what are the requirements i have to meet, and what are the benefits of havign a savings account?
What are the requirements to open a savings account?
If you are under 18, you have to get a parent or guardian to open one for you. Other than that, you have to have a valid I.D. and some money to put in the account (ammount of money differs according to what bank you are placing membership at).
The benifits of a savings account are that you will ahve to put more thought in to withdrawing money than you would if you were just trying to save cash.
Reply:requirement - Social Security number and some money.
Go to a bank to open one up.
Reply:Valid I.D. and a bunch of other shizzle
like s.s.n and your fistborn, the kitchen sink all that jazz..Just take everything to be safe.mmmk
Reply:requirements...money
benefits...you dont have to hold your money so you are less likely to spend it and earn some interest
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