Advertiser Disclosure

Greenlight Debit Card

Cory Santos

| Last updated on February 13th, 2024

Greenlight Debit Card

Greenlight Debit Card
No Credit Required
BestCards refers to a variation of FICO Score 9, which is one of many different types of credit scores. A financial institution may use a different score when deciding whether to approve you for a credit card. Please note that the range shown here is our own estimation and not a guarantee of credit needed to be approved for any given card. Recommended Credit: No Credit Required
Mastercard Processing Network
See Terms Annual Fee

Greenlight Debit Card

At a Glance

The Greenlight Prepaid Mastercard is a debit card that works with the three plans that make up the Greenlight allowance and chores app. The card provides comprehensive controls for parents while teaching kids about the value of money - and hard work.

  • Best Benefits
  • Rates & Fees
  • Why Should You Apply?
  • Teach your kids about money and help them get a leg up on their financial future
  • Earn money through chores, set savings goals, spend wisely, and invest
  • Parental controls including real-time notifications, balance tracking, merchant category blocks, mobile payments, and more
  • Set ATM cash withdrawal limits
  • Annual Fee: See Terms
  • You have multiple kids and want them all to have a debit card
  • You want to teach your kids about investing
  • You want access to comprehensive parental controls, including limiting dangerous merchants

In-Depth Review: Greenlight Debit Card for Kids 

Greenlight is an allowance/chore app and debit card account for kids but managed by parents. The system gives parents the ultimate control over their children’s spending while providing them with the real-world experience they need to learn to manage their finances.

How Does Greenlight Work?

Greenlight is the 21st-century answer to allowance. Instead of handing out dollar bills after basic chores, Greenlight streamlines the process by providing kids with their own debit cards – and parents with the security and power to monitor their spending.

Customizable Debit Cards

Greenlight provides kids with a customizable debit card that is sure to catch the attention of their friends – and help keep them safe. The custom card, which costs an extra $0.99, allows children to fully customize their card with a picture of their choosing – letting them make a statement every time they make a payment.

Monitor Spending

The Greenlight system includes a handy mobile app with two unique interfaces: one for kids and one for parents. The children’s interface allows them to monitor their balances, see which chores are available for completion, and help them set money goals each month. On the other hand, parents can assign tasks, set limits, and monitor their children’s spending.

Parents can rest assured their children’s spending is safe, as the platform automatically blocks spending in “unsafe” categories – and sends real-time spending notifications to parents just to be safe. Other spending controls with the card include:

  • ATM controls to monitor when – and where- kids use ATM machines
  • Parent-paid interest on savings accounts
  • Round-up feature, allowing kids to place the rounded-up portion of purchases into their savings account
  • Turn the card on or off directly from the app
  • Store-specific spending controls

Financial and Educational Tools

The kids’ version of the Greenlight mobile app also comes with an array of financial education tools to help your kids learn how to save – and spend – their money wisely. These tools help manage monthly spend, invest wisely (with premium plans), and more – and are complementary with a Greenlight membership.

Greenlight Tiers

The Greenlight Debit Card features three tiers designed to let parents choose their ideal payment platform for their child’s financial development:

Tier Greenlight Greenlight + Invest Greenlight Max
Price $4.99/month $7.98/month $9.98/month
Debit cards for 5 kids ✔️ ✔️ ✔️
Educational app with core tools ✔️ ✔️ ✔️
Parental controls ✔️ ✔️ ✔️
Investment platform ✔️ ✔️
Black debit card ✔️
World Elite debit ✔️
Priority customer support ✔️

Greenlight (Basic)

The basic tier of Greenlight offers the essentials parents need to give their kids a head start on financial wellbeing without the additional costs of premium membership. For the $4.99 monthly fee members receive debit cards for up to five children, parental spending controls, and educational tools and resources.

Greenlight + Invest

Greenlight + Invest offers the same basic program features but with the added benefit of allowing kids to invest the money they earn from chores and allowance. Kids can purchase fractional shares of their favorite companies at as low as $1 per trade, with no trading fees to worry about. Parents can also monitor their children’s investing and can approve (or reject) every trade right from the Greenlight app. This mid-tier of program costs $7.98 per month.

Greenlight Max

Greenlight Max is the top tier, offering the highest level of control and customer support. In addition to investment capabilities, parents enjoy Mastercard ID Theft Protection, purchase protection, and cell phone protection for up to five kids for lost, stolen, or damaged phones. They’ll also have access to priority customer support for any technical issues that might arise.

Kids also benefit from the Max tier, thanks to a special edition Greenlight Black Card. The Black Card doesn’t provide any additional benefits financially, but it is sleek and back – and sure to turn heads at school, the mall, or wherever else kids use it. The Greenlight Max plan costs $9.98 per month.

Other Card Benefits

Other notable features of the Greenlight Debit Card include:

  • No minimum age for kids
  • Mastercard’s near-global acceptance in over 150+ countries
  • No foreign transaction fees
  • FDIC insured for up to $250,000
  • Mobile wallet compatibility with Apple Pay, and Google Pay. Apple Pay requires kids to be at least 13 to add their Greenlight Card, while Google requires kids to be at least 16 to add the card to their Google Pay account.
Greenlight and the Greenlight Debit for Teens is available in all 50 U.S. states plus the District of Columbia (D.C.)


The Greenlight debit card for teens is just one of many allowance or chores mobile apps available. So, how does Greenlight stack up against some of its biggest competitors?

Greenlight Current GoHenry BusyKid
Cost from $4.99 per month $36 per year $9.98 per month $4 per month
Kids per account 5 1 4 4
Account features Educational app, savings, parental controls, optional investment platform Savings, parental controls, educational tools Flexible parental controls, savings, Split pay bill pay, Money Missions, education tools BusyPay, APEF-approved educational tools, investment platform, savings, some parental controls
Network Mastercard Visa Mastercard Visa

What We Like About Greenlight

There is plenty to love with Greenlight. Its comprehensive and intuitive parental control suite includes customizable chore sheets, an automated allowance system, real-time purchase notifications, savings options, and the ability to set spending categories and merchant settings.

Additionally, Greenlight provides impressive features – especially for parents who plan to opt for Greenlight’s Max plan. That plan provides purchase protection, cellphone protection, account monitoring, investment options, and more.

Things to Consider

There are a few things to consider before deciding on the Greenlight Prepaid Debit Card. For starters, there are monthly fees. The monthly plan fees with Greenlight may be more expensive than similar debit cards for kids and teens. Additionally, many of the program’s best features are locked behind the most expensive tier. Still, the suite of tools and protections with Greenlight is impressive and on par with many credit cards – let alone debit cards for kids!


Yes. Greenlight blocks ‘unsafe’ spending categories, sends real-time transaction notifications and gives parents flexible ATM and other spending controls. The company also provides additional layers of protection to our families in the form of face or fingerprint recognition and the ability to turn your card on or off directly in the app. 

Greenlight debit cards are FDIC-insured up to $250,000, and come with Mastercard’s Zero Liability Protection.

  • Your email address

  • Your mobile phone number

  • Your child’s/children’s name(s)

  • Your legal first and last name

  • Your physical address

  • Your date of birth

  • Your Social Security number (SSN). 

  • A valid debit card or bank account

Yes. Greenlight is 100% compatible with Apple Pay, Google Pay, Samsung Pay, and other leading digital wallets.

Greenlight Debit Card for Kids Ratings

How does the Greenlight Debit Card for Kids stack up? Here is a selection of expert reviews for the card:

Should You Consider Getting the Greenlight Debit Card for Kids?

Helping kids learn about finances early is a great way to set them up for success later in life – and Greenlight is excellent at this task. The platform takes all of the hassles out of the traditional chores by creating a streamlined platform that rewards kids – and teaches them about finances at the same time. Parents, for their part, can rest assured knowing that they have complete control over how their child earns, spends, saves, or even invests their funds 24/7 through a simple- to use mobile app.

Overall, the Greenlight Debit Card is a great tool for helping kids learn about finances – and gives them a reason to get excited about chores. After all, by putting in the hard work, they can splash their hard-earned cash – and show off their cool card to their friends at the same time.

Editorial Disclosure – The opinions expressed on's reviews, articles, and all other content on or relating to the website are solely those of the content’s author(s). These opinions do not reflect those of any card issuer or financial institution, and editorial content on our site has not been reviewed or approved by these entities unless noted otherwise. Further, lists credit card offers that are frequently updated with information believed to be accurate to the best of our team's knowledge. However, please review the information provided directly by the credit card issuer or related financial institution for full details.

Advertiser Disclosure

BestCards is an independent, Florida-based credit card comparison platform. Many of the card offers that appear on this site are from companies from which BestCards receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). BestCards does not include all card companies or all card offers available in the marketplace.