By Clare Yates
4 min read
This guide walks you through everything you need to know, from choosing the right type of account to what actually happens once it’s open.
Who can open a bank account?
Most people in the UK can open a bank account from the age of 11, although what you can do with it depends on your age.
11 or older: With a parent or guardian, though features are limited.
16+: You can open your own account, but some banks still limit access to things like overdrafts until you’re 18.
18+: You can apply for any adult current account, including student and graduate accounts if you're in education.
To open an account, you’ll generally need to live in the UK and be able to prove your identity and address (we’ll talk more about that further on).
What sort of account do you need?
Not all bank accounts are the same, some are built for day-to-day spending, others are better for setting money aside.
An everyday current account is the most common type of current account. It’s where your salary goes, your bills come out, and you manage things like card payments and direct debits. You’ll usually get a debit card, online banking access, and a mobile app.
If you’re under 18, you might start with a children’s current account. If you're off to university, a student account can come with handy perks like an interest-free overdraft.
Just looking to save, rather than spend? In that case, a savings account might be more suitable. These are designed to help you grow your money over time, but they don’t usually offer a debit card or bill payment features.
If you’re not sure what’s right for you, think about how you’ll use the account from day to day, which brings us to the next step.
What to think about when choosing an account
There’s no one-size-fits-all when it comes to bank accounts, so it’s worth spending a little time comparing what’s on offer.
Do you want a no-fuss account to receive wages and pay bills, or are you after something with a few extras, like cashback or budgeting tools? Some high interest accounts even offer interest on your balance, which can be great if you are likely to keep money sitting in the account.
It’s also good to consider whether you’ll need an overdraft. Student accounts, for example, often include interest-free overdrafts, which can be a helpful buffer if money’s tight.
And don’t forget about the app. These days, most people manage their money through their phones, so look out for accounts that come with easy-to-use mobile banking and instant notifications.
What about joint accounts?
If you’re living with a partner or sharing bills with a housemate, a joint account can make things simpler.
You’ll both have access to the account, can set up payments and use your own debit cards. It can be ideal for shared rent, bills or food shops. But it’s important to trust each other financially, as you’ll both be responsible for how the account is managed.
Just one thing to note: opening a joint account links your credit records, which could impact your credit rating depending on how the account is used.
How to open your account
Once you’ve picked the right account, opening it is usually quick and easy, often just a few minutes online or through an app.
You’ll need to provide some personal details and a couple of key documents. Most banks will ask for proof of ID, like a passport or driving licence, and proof of address, such as a recent utility bill (such as an electricity bill). If you’re under 18, a parent or guardian may need to provide their documents too.
After you apply, the bank will verify your information and send your account details – and your debit card, if you’re getting one.
What to expect once it’s open
Once your account is open, you can start using your debit card, set up Apple Pay or Google Pay, and transfer money in and out. You can also set up direct debits or standing orders to cover things like rent or phone bills.
If your account comes with a mobile app, you’ll likely get features such as spending breakdowns, instant transaction alerts, and the option to freeze your card if you misplace it. Some apps even let you split payments or set up savings pots.
Ready to get started?
Opening your first bank account is a big step toward managing your money with confidence. By choosing the right type of account and understanding what’s involved, you’ll set yourself up for financial independence – whether you're saving, spending, or sharing costs with someone else.