Greenlight Kids & Teen Banking

Greenlight Financial Technology, Inc.

About this app

Greenlight is the #1 app for family finance and safety. Teach kids and teens to manage their money, keep your whole family safe and connected, and protect senior loved ones against fraud, scams, and identity theft.


MANAGE MONEY AND SAFETY AS A FAMILY.
- Receive & send money quickly. Set up direct deposit for working teens.
- Kids & teens money app1 with flexible parent controls
- Set savings goals & earn up to 6% in rewards²
- Keep track of chores & pay automated allowances
- Kids and teens learn to invest with approval
- Get real-time spending notifications & set spending limits with Greenlight's debit card for kids & teens
- Play Greenlight Level UpTM , the financial literacy game for kids and teens
- Unlock purchase, identity theft, & cell phone protection³
- Keep your family safe with location sharing, place alerts, SOS alerts, crash detection, driving reports, & more⁴
- Protect senior loved ones⁷ with financial account monitoring, suspicious activity alerts⁵, up to $1M identity theft coverage⁶, & up to $100K deceptive transfer fraud coverage⁶


TRUSTED BY:
- The New York Times: "Every conversation about money is a conversation about values waiting to happen, and these products can help inspire those discussions with your child."
- Parents Magazine: "Greenlight allows some independence for kids and teens to manage their money."


6+ MILLION KIDS & PARENTS SAY:


"Traditional banks don't make it nearly as easy." – Shannon M.


"My teen is learning to manage his own money. I wish Greenlight was around when I was a kid! I tell my friends & family about it all the time!" – Patricia A.

"I love Greenlight. As a mom of 4 kids, it makes paying allowances & spending money for trips so easy." – Samantha B.


PLANS FOR EVERY FAMILY.
Core: Debit card and educational app for kids and teens to earn, save, spend, and give — plus 2% on savings² ($5.99/month.)

Max: All of Core with 1% cash back on purchases, 3% on savings², protection plans³, and more ($9.98/month)

Infinity: All of Max with 5% on savings², location sharing, crash detection⁴, and more ($14.98/month)


Family Shield: All of Infinity with 6% on savings2 and financial protections for seniors ($24.98/month)

WE'RE HERE FOR YOU.
Get help & ask questions 24/7: https://help.greenlight.com

Your California Privacy Rights: https://greenlight.com/privacy/#your-california-privacy-rights
Do Not Sell My information: https://greenlight.com/data-request/Greenlight

(1) The Greenlight app facilitates banking services through Community Federal Savings Bank, Member FDIC. The Greenlight card is issued by Community Federal Savings Bank, Member FDIC, pursuant to license by Mastercard International.
(2) To qualify, the Primary Account must be in Good Standing and have a verified ACH funding account. See Greenlight Terms of Service for details. Subject to change at any time.
(3) Provided by Virginia Surety Company, Inc., cell phone protection is not available to residents of New York.
(4) Available on Greenlight Infinity and Family Shield plans. Requires mobile data or a WiFi connection, & access to sensory and motion data from cell phone to utilize family location sharing, SOS alerts & crash detection features. Messaging & data rates and other terms may apply.
(5) Premium monitoring services are offered by Experian.
(6) Insurance offered by Acrisure, LLC is provided by ACE American Insurance Company and its U.S.-based Chubb underwriting company affiliates. chubb.com. Additional details can be viewed here. See here for policy information. Insurance Products are not insured by the FDIC or any federal government agency and are not a deposit or other obligation of, or guaranteed by, any bank or bank affiliate.
(7) Loved ones refers to covered family members as defined in the policy i.e. supported adults for which you control or assist with their finances.

Ratings and reviews

The app does make keeping track of chores and allowances very easy and is easy to use, and the kids love having their own card. However the month free trial is actually 5 days, and after the first load even though it has an option to load 5 10 15 or $20 you cannot load less than $20. I wasn't very happy with the surprise ending of the free trial and I'm also confused why it gives me an option to load lower amounts when you're not allowed to.

There's no option to make jobs reoccurring. I'm not sure what the benefit is with the chores - there doesn't seem to be any stats available about how much they complete them or what time. We've tried to upload a simple picture of a banana (my kid's favorite fruit) twice and it keeps getting rejected. There's no stickers or anything. The card fee is a bit high if it's not going to work. The monthly fee seems a bit much for such a simple service which I don't think I'm going to keep.

edit* after many failed attempts to getting my sons part of the account activated, I finally got it to work. it was not user friendly, no where did it say that I needed to be the one to create his username and even after that it still didnt work and would freeze up so I then changed my password and it finally let him through. I may update the stars if there is no further problems.

What’s new

We tidied the app. What’s next on the chore list?