How to Remove Parent From Bank Account


Opening a joint bank account with a parent is a good way to get banking experience when you are younger. You can learn how to manage your money and reconcile your bank account. But once you become an adult, you might not want to keep that joint bank account with your parent. Read on to learn how to remove a parent from your bank account. 

Reasons to remove a parent from your bank account

A joint bank account with a parent may be your only banking choice when you are a minor. But keeping your joint bank account with a parent can cause issues when you become an adult. 


You can’t keep your finances private with a joint bank account. If your parents’ names are on the bank account, they have full access to your funds. Your parent can see how much you deposit and where you spend your money. 


With an individual bank account, you can manage your money without interference. You have the freedom to decide how much you want to save and where to spend your money. 

More control over your finances

Managing money is a big responsibility. Having your own bank account helps you put the good financial habits you have learned in place.

Not only does removing a parent from your account give you more control over your finances, but it can help to protect your funds. When a parent is listed as an account holder, they are considered an owner of the funds. So, if your parents owe back taxes or have a legal judgment against them, the money in your bank account could be seized to pay what they owe. 

How to separate bank accounts from parents

If you are over 18 years old, you may wonder how to get my parents off my bank account. There are a few ways to go about removing them from your account. 

Contact your financial center

State law and bank rules determine how to remove a parent from your bank account. So, it’s a good idea to contact your bank. Some banks may ask you to visit a local branch to request the removal of a parent. The bank may require all account holders to be present when removing a parent from your account.

Not every bank will let you take a parent off a bank account. Some banks may require that you close the joint account and open an account of your own. 

Consider opening a new bank account

Most of the time, you can withdraw funds and close the bank account without the other owner’s permission. You can open an individual account at the same bank. Or you can shop for a bank closer to home or charge lower fees. 

Consider removing an owner of the account

Chances are you won’t be able to remove an owner on a joint account without express consent. You can contact your bank to find out what you need to do to remove an owner from your bank account. Most banks require both account holders to visit the bank to remove an owner. 

How to open your own bank account

Rather than remove a parent from your bank account, starting fresh with a new account may be easier. Opening your own bank account is a straightforward process. 

Choose a bank

Before opening a new account, consider shopping around to see what other banks offer. You may find a bank that is closer to your home or work. Check out the mobile banking features offered if you prefer to manage your money remotely. Or you could save money with a bank that charges little to no maintenance fees on your account. 

Contact the bank

Once you choose a bank, find out what you need to do to open your account. Some banks require you to visit them in person, while others may allow you to open an account online. 

Collect your documents

When you open a bank account, you’ll need to bring documents that verify your name, address, and date of birth. You may be asked to show your driver’s license or a state-issued identification card. The bank may also ask that you provide a birth certificate, social security card, or a bill with your name and address.

Since banks have different documentation requirements, finding out what you need to bring is helpful before you head out to open your new account. 

Transfer funds

When you open a new account at the same bank, you may be able to transfer the funds from your old joint bank account. However, if you decide to go with a different bank, you should find out if your existing bank can transfer your funds into your new account. If not, you may need to bring a check or cash to deposit.   

Close other accounts not in use

Once you have opened your new account, it’s time to close your joint bank account. You should dispose of any checks or debit cards associated with your old account. And if you used your joint bank account to automatically pay bills, such as your cell phone or car, be sure to change your banking information so you don’t fall behind in your monthly payments. 

Gain financial independence with your own bank account

As an adult, you should decide how your money is used. How much you save and what you buy should be up to you. But managing your finances can be stressful when you share an account with a parent. You won’t have the privacy to save and spend the way you want. Plus, you could lose your money if your parent runs into financial issues. Removing your parent from your joint bank account can help you become financially independent.


Can a joint account holder be removed?

Some banks let you remove a joint account holder. However, the bank may require all joint account holders visit a local branch in person.  

How do I remove a user from my bank account?

Check with your bank to find out how to remove a user from your account. The bank may require both users to visit the bank in person to make the change. Some banks won’t allow you to remove a user; instead, you may need to close the joint account and open a new individual account. 

Who owns the money in a joint bank account?

It doesn’t matter who deposited the funds; whoever is listed on a joint bank account owns the money. 

Sign Up
Sign Up
Sign Up