Do I need a bank account to start a Bitcoin wallet?
Curtis Although it may seem hard to buy bitcoin without a bank account, services that allow the unbanked to buy bitcoin often deliver your coins faster. You also maintain more of your privacy when you use services that don't require a bank account. Bitcoin purchases made with cash often have delivery times of under 2 hours. Bitcoin purchases made with credit/debit card or ACH transfer often have wait times of up to 5 days before the coins are delivered.
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Bitcoin can be a great tool for the unbanked, so it's no surprise that many companies are focused on helping those with no bank account buy bitcoin.
LocalBitcoins
Local Bitcoins provides escrow and offers a number of payment methods for buying bitcoin with no bank account. Cash deposit, Western Union, face-to-face cash trade, Amazon gift card are all offered on top of many other payment methods. Local Bitcoins provides escrow, but be sure to buy from sellers with previous trade history and positive feedback.
BitQuick
BitQuick provides escrow between buyers and sellers. Payments are made via cash deposit at bank locations across the U.S., and via SEPA transfer in the EU. Your coins will usually be delivered in under two hours if payment was made via cash deposit.
LibertyX
LibertyX lets you buy bitcoin with cash at a number of retail stores across the United States. You'll have to verify your identity before buying, making LibertyX less private than some of the other options. You can buy up to $1000 worth of bitcoin. You'll be charged a 1% fee on all purchases, but if you sign up with Facebook you can buy your first $1000 fee-free. Your bitcoin should arrive a few minutes after your payment is made.
Mycelium
Mycelium is a Bitcoin wallet for iOS and Android. The Android version of the app has a "local trader" feature that helps connect you with locals who are selling Bitcoin. You can arrange to meet face-to-face and buy bitcoin with cash.