Greenlight Card Review 2022: Best Debit Card For Kids And Parents

Kids and teens get to be more independent using a prepaid debit card managed by their parents, learning to manage their money.

Greenlight, an Atlanta-based fintech company, has a feature-rich platform that is mutually beneficial for families and their children seeking ways to help their kids learn how to manage finances, chores, and trade-offs when budgeting, saving, spending, and investing.

Greenlight is a fintech company launched in 2014 by co-founders Tim Sheehan and Johnson Cook. The company is based in Atlanta, Georgia, and has more than 3 million users.

The kids get a prepaid debit card, while parents and kids have companion Greenlight apps providing different experiences. Kids can earn, save, spend, invest, and give with parental approval..

Greenlight’s basic plan costs $4.99 per month, includes: Greenlight debit card covers up to five children. Greenlight educational app for parents and kids.

Greenlight + Invest This plan includes everything in the basic plan,  and at $7.98 per month, adds: – An investing platform – Can start with $1 in the account. – Fractional shares.

Greenlight Max This is Greenlight’s premium offering at the cost of $9.99 per month, builds on the two lower-priced plans. We will review each of Greenlight’s features in greater detail for both parents and kids.

The Greenlight Is Best For: – Families who seek financial education for their young kids. – Families want to instill their kids with increased responsibilities in a fun way.

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