Greenlight Debit Card for Kids review: fees, limits and how it works
Parents managing a child's spending
Quick answer: Greenlight is a debit card and app for kids, managed by a parent and issued by Community Federal Savings Bank. Every plan has a monthly subscription, from $5.99 for Core to $19.98 for Family Shield, and each covers up to five kids. It suits parents who want spending controls plus chore and allowance tools.
Best for: Parents managing a child's spending
Pros
- Parental controls
- Chore and allowance tools
Cons
- Monthly subscription on every plan
What the Greenlight Debit Card for Kids costs per month
| If you… | Monthly cost | How it adds up |
|---|---|---|
| Family on the Core plan | $5.99 | Core costs $5.99 a month and includes debit cards for up to 5 kids. Greenlight charges $0 for purchases and ATM withdrawals, though ATM operators may add fees and taxes may apply where you live. |
| Family on the Max plan | $10.98 | Max costs $10.98 a month for up to 5 kids, with the same $0 Greenlight purchase and ATM fees. |
| Family on the Family Shield plan | $19.98 | Family Shield costs $19.98 a month for up to 5 kids, with the same $0 Greenlight purchase and ATM fees. |
Who it suits
Good fit if
- Parents who want to set spending controls
- Families with several kids on one subscription
- Paying allowance and chores through an app
Skip it if
- You want to avoid a monthly subscription
- You only need a card for your child occasionally
- You don't need parental controls or chore tools
Fees
| Monthly fee | Core $5.99, Max $10.98, Infinity $15.98, Family Shield $19.98 (per month) |
| Other | ATM fees not listed on the plans page; see Greenlight's fee disclosures |
How to get and load it
A parent signs up in the Greenlight app.
- Parent transfers from a linked account
- Allowance and chore payments
Activation
Activate in the app.
Deposit protection and credit building
Protection: Card issued by Community Federal Savings Bank, Member FDIC. Greenlight's investing features aren't FDIC-insured.
Credit building: No. Some plans include family credit features; see greenlight.com.
Greenlight Debit Card for Kids FAQs
Does the Greenlight Debit Card for Kids have a monthly fee?
Monthly fee: Core $5.99, Max $10.98, Infinity $15.98, Family Shield $19.98 (per month). Other charges to check: ATM fees not listed on the plans page; see Greenlight's fee disclosures.
How do I activate the Greenlight Debit Card for Kids?
Activate in the app.
Is money on the Greenlight Debit Card for Kids insured?
Card issued by Community Federal Savings Bank, Member FDIC. Greenlight's investing features aren't FDIC-insured.
Does the Greenlight Debit Card for Kids build credit?
No. Some plans include family credit features; see greenlight.com.
How do I add money to the Greenlight Debit Card for Kids?
You can load it by parent transfers from a linked account, allowance and chore payments.
Official Greenlight (issued by Community Federal Savings Bank) site
Sources: greenlight.com · greenlight.com. Fees change; confirm on the official fee schedule.