In fact, from the age of 14 it is possible to open a bank account and manage financial affairs in it. Some will open an account at this age, some will open a bank account when they start working in a more orderly manner, and some will open their first bank account upon enlistment in the IDF.
Before opening a bank account, you should understand what a bank is and what services it provides and what you should pay attention to when opening your first account
Want to understand banking?
Glossary of banking terms on the Bank of Israel website
Help you learn the banking concepts
Manage your mobile phone account?
What’s the difference between the different types of credit cards?
What is the difference between a credit card and a debit card?
What is a prepaid credit card and who is eligible
Additional Links:
Guide tomanaging a bank account on my finance website |
Mobile banking – tips for protecting your bank account | General credit card information |