Can a 12 year old kid drink Monster drink?
In the United States, most states and financial institutions require a minor (anyone under 18) to have a parent or legal guardian as a joint account holder when opening a standard bank account. This is due to the legal principle that a minor generally lacks the capacity to enter into legally binding contracts, meaning a bank cannot hold them fully liable for account fees, overdrafts, or other banking obligations. However, some banks offer "teen checking" accounts that are specifically designed for minors aged 13 to 17, but these still necessitate a co-signer or joint owner. While a 17-year-old might be able to open certain types of accounts independently in specific niche cases or under state-specific emancipation laws, the vast majority of commercial banks will require an adult co-owner until the individual reaches the age of majority at 18.
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