Hi to you All!

if you want to cash out your money, it would be necessary to have a bank account, but in case you don't have, you can still use your earnings in paypal through shopping online. if you still don't have a paypal account you can go earnings page and they have a link to paypal for sign-up. Hope this answers your query.

well, not necessary if you have credit cards (your family credit card will also do). But you must have at least a paypal account. Paypal is able to debit your credit card, i.e. sending monies from your paypal account to your credit card and use it for your own spending. Meaning, myLot pays to paypal and paypal pays to your credit card.