Greenlight vs BusyKid

	Greenlight	BusyKid


	SPECIAL OFFER Greenlight Debit Card for Kids - Learn More Read Greenlight Review	SPECIAL OFFER BusyKid Prepaid Card for Kids - Learn More Read BusyKid Review
	Benefits and Features
Savings	1% APY (2% APY for Greenlight Max families) on an average daily savings balance of up to $5,000 per family	Parents can add interest or matching on kids savings
Checking	Debit card up to 5 kids. Greenlight Max plan also earns 1% cashback on purchases	Up to 5 BusyKid Spend Cards per family
Minimum Deposit to Open	$1	$0
Mobile App	iOS & Android	iOS & Android
ATMs	Any ATM with a Mastercard, Visa Interlink or Maestro name or logo. But the ATM owner may charge a withdrawal fee.	55,000+ Allpoint ATMs; $1.50 withdrawal fee, plus ATM owners may also charge a fee.
Monthly Fee	Greenlight: $4.99 per month Greenlight + Invest: $7.98 per month Greenlight Max: $9.98 per month	$3.99 per month (or $38.99/yr)
	CreditDonkey® Reviews

Savings
Minimum Deposit
Checking
Price
Customer Service
Mobile App
Ease of Use
Education
Pros & Cons	Pros: Great parental controls Teaches money management for kids Excellent education and savings tools Cons: High fees Can't deposit physical cash Difficult to close account	Pros: Solid chores and allowance functions Save, invest, and donate money Great value for large families Cons: Limited spending controls No educational content $0.50 declined transaction fee
Bottom Line	Solid financial literacy app for kids but on the pricey side... Read full review	Low-cost intro to basic money management... Read full review

	Greenlight Debit Card for Kids All Ages - Banking and Invest in One App	BusyKid Prepaid Card for Kids
BusyKid: Pricing information from published website as of 05/01/2022

Greenlight Debit Card for Kids

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All Ages - Banking and Invest in One App

Open Debit Card for Kids

Flexible controls, spending notifications, in-app chore list
Age: No minimum age
Fees: Starts at $4.99/month, per family (up to 5 kids). $7.98/month for Greenlight + Invest

Your funds will be held at Community Federal Savings Bank, an FDIC-insured institution.

BusyKid Prepaid Card for Kids

For $3.99/month, your family will gain access to entire app including charities, chores and up to 5 BusyKid Visa® Prepaid Spend Cards (one card per child).

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Articles on Greenlight

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