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Yes, the minimum age is 13, in compliance with the U.S. Childrenâs Online Privacy Protection Act (COPPA). Snapchat ask for a date of birth upon sign up, and if the birth date indicates that the user is under 13, theyâre not allowed to create an account.
Children under the age of 18 are not legally allowed to sign documents, such as those you sign when opening a savings account. Fortunately, you can still open a savings account by having both of your names on the account. When the child turns of age, you can go to the bank and remove your name permanently. While your child is still a minor, however, you will be the one who will have control of the account.