The tools you need to raise financially-smart kids
Greenlight creates teachable moments for parents raising financially-smart kids.
With the Greenlight app, kids monitor spending, watch their savings grow and learn to make real world trade-off decisions.
Greenlight is a debit card for kids, not a credit card. Parents load money on the card from a funding source they choose.
Kids can’t spend money they don’t have, which means no overdrafts. No surprise fees. No worries.
Parents can choose exactly where and how much their kids can spend with their Greenlight card. Stores, restaurants, websites. You name it.
Parents can instantly transfer money to their child’s card for allowance, chores or day-to-day expenses. Kids can also request cash on the spot for whatever may come up.
The Chores feature helps parents easily manage weekly or one-time chores and motivates kids to get them done.
Parents can set weekly or monthly allowance payments once kids complete chores. Funds can automatically be distributed to Spend, Save and Give accounts.
Parents can work with kids to make saving a habit. Kids can watch their savings grow, and use the app to track progress toward savings goals they set.
Parent-Paid Interest empowers parents to demonstrate the magic of compound interest so kids can learn the long-term benefits of saving.
Safety is the top priority for Greenlight.
Both parents and kids can turn the card off with a single touch within the Greenlight app. (btw, did you check the jean pocket?)
A PIN number is required to use the card. Parents can set and manage their child’s PIN number anytime from their app.
Parents can choose whether their child can use their card to withdraw money from ATMs. And if so, how much.
Parents receive alerts anytime the card is used, so they know when, where and how much their child is spending.
See all historical activity for spending, saving, giving and earning.
Greenlight cards cannot be used to get cash back from a purchase, ensuring spend controls are followed.
Greenlight blocks certain spend categories like wire transfers, money orders, lotteries, gambling and others.
All communications between your phone and our servers use state of the art SSL encryption.
Your most sensitive information is stored by our partners, who are compliant with the Payment Card Industry Data Security Standard.
Greenlight accounts are FDIC insured through our partner, Community Federal Savings Bank, member FDIC.
After your trial ends, pay just $4.99/month for the whole family. Includes up to five kids.