Greenlight Kids & Teen Banking 4+

This app is so amazing for kids or anyone! You can add money take away money and you can also make chores for your kids to do! Your kids can make a saving chart they can learn how to invest also! You and your kid can see where they spent their money and how much they spent you can also see how much money you added and how much you took away! Your kids can not add money they can only request! You can decline or except it! If you have more than one kid that has a Greenlight don’t worry you can make more than one account! You can change your kids profile picture and your kid can too. It’s literally exactly like a debit card but with all of the features I told you! Also, in order for your kid to have a Greenlight card the parent has to pay $4.99 a month! Your kid can buy anything with this card! But… you can add money to how much they can spend on video games or at a restaurant and more but you don’t have to! They can also use it for online shopping but I would be careful with that because if they get scammed they can’t get their money back because it’s not a bank account only cards that have money from a bank can get their money back so I would just buy it as a parent yourself and then have them pay you back! One last thing, you can design their card, you can put a picture on it or just have a plain greenish tealish color! That’s it, this card is amazing and hope you get your kid one!

Thank you for taking the time to share this with us! Safety is our top priority which is why all Greenlight accounts are FDIC-insured through our partner bank. Please reach out to us at support@greenlight.com or give us a ring at 888-483-2645 and reference this review. We'll be happy to answer your questions!

I do not want to draw this review out very long so I will get straight to the point. I do enjoy using the app and setting up each child account so they can spend money using a card but also practice on saving and giving money to local charities that they are familiar with too. The number one thing I DO NOT like is the cost. This app will cost you $60 a year to operate. I do understand it is unique and offer you some flexibility but I can see within a matter of a year another app will come out for free. But at the same time this is not a dealbreaker just know I will not hesitate to go with another business that offer the same thing for free or low cost. Secondly which is fairly a big deal to me is notifications. Yes you do receive notifications on when your child has spent money on something or their card has been declined because of insufficient funds. Once you view the notifications you are UNABLE to view them again. Vanish forever never to be seen again. I wish there was a way to review notifications similar to how you can review their account transaction history. Once again not a dealbreaker but, it seem like this was a no-brainer when it comes to practical uses for an app, especially when dealing with children spending money using a "real" debt card for the 1st time.

Hi there! Thanks for providing your valuable feedback. The monthly fee does come from Greenlight being a subscription-based company that comes with a suite of tools for parents to oversee spending, manage chores, automate allowances and more. We are always looking for ways to improve our app, so hopefully we can improve the notifications feature.

Great idea but I do not like paying $60 a year to use this. Took 1 star away for cost and 1 away because I can’t access the money in the parent wallet or transfer it back to my account.

This has been great so far for my 3 boys who make money doing their chores. It’s much better than cash and they are learning how to save for specific things and not just spend money so freely. They feel very proud and excited when using their debit cards! Their ages are 12, 11, and 7! We have an account for my 4 year old daughter just to have a place to save birthday money she has and such. It’s easy on us too. They are more willing to do their chores knowing they will be paid for sure a specific amount each Friday! We had no system before this and kept losing track of how much we owed them or how much they spent on something. The only downfall is the $5 charge monthly. $60 a year and I still have to pay the interest on my children’s savings myself. If I only had 1 child I would not pay $5 a month. I also don’t like that I can’t transfer the parent wallet money back to my bank account. There should be a card like Venmo or PayPal for the parent wallet. If Venmo and PayPal can be free, this should be free as well. As soon as I find a different free version of this elsewhere I will go with that! When I first signed up I wasn’t aware that it was only free for 30 days. I found that out when the cards arrived. I’ve never seen the monthly fee advertised so I felt mislead.

Thank you so much for sharing your insightful feedback with us. We will make sure to pass it along to the team. A Greenlight representative would love to further assist with transferring funds from your Parent Wallet to your funding source. Please email support@greenlightcard.com and reference your review.