Greenlight is the next-generation way to handle giving money or allowances to your children, with patent-pending controls that allow parents to specify the exact stores where a child can spend. It's safer, easier, and more flexible than using cash. Plus it makes a perfect teaching tool about money, since every transaction is recorded.
Greenlight combines an app for parents and their children with a Greenlight MasterCard® debit card for each child. Greenlight is NOT a credit card--the only funds a child can spend are those the parent loads on the card.
- Limit a child's spending to just a few trusted stores. Or let them spend anywhere.
- Set and pay allowances automatically. No more hunting for loose change!
- Send money to your kids instantly, from anywhere.
- Get instant alerts on where & when a child spends, or tries to spend.
- Review a child's spending by month or store.
- Enable your kids to withdraw from ATMs
- Turn a child's card off if lost.
- Learn to stick to a budget, and check balances before spending.
- Request extra money from parents, and even include a picture of what the money is for.
- Withdraw money from ATMs.
- Create savings goals for specific purposes.
- Turn the card off if lost.
- Analyze spending with powerful reporting.