Finance

Greenlight

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Greenlight

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Version3.17.2 (1604)
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UpdatedApril 20, 2020
Installs12 times
CategoryFinance

Description

Greenlight is a debit card for kids and teens that parents manage through an app. Parents can choose the exact stores where their children can spend, manage chores and allowances, set parent-paid interest rates on savings and more. Kids monitor balances, create savings goals and learn to make real world trade-off decisions.

Since Greenlight is a prepaid debit card, kids can’t spend what they don’t have. No overdraft fees. No overspending. No surprises.

PARENTS CAN
– Manage chores
– Automate allowances
– Instantly transfer money to kids’ cards
– Receive real-time notifications
– Set store-level spend controls
– Turn card on or off from the app
– Set Parent-Paid Interest rates on savings
– Control access and budgets for ATM withdrawals
– Refer a friend to Greenlight and you both receive $10

KIDS AND TEENS CAN
– Manage their own budgets
– Direct deposit their paychecks
– Access the Greenlight app to track balances in Spend, Save and Give accounts
– Create custom saving goals
– Receive money from friends & family with Greenlight Gift

SAFETY FIRST. AND SECOND. AND THIRD.
– Greenlight comes with an EMV Chip and parent-controlled PIN
– No cash back at the register to curb unmonitored spending
– Automated blocked categories for unsafe spending
– 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.
– FDIC insured through our partner, Community Federal Savings Bank.

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