Greenlight vs CIT Bank
Greenlight is a solid financial literacy app and debit card for kids. How does it compare to CIT Bank? Read our comparison chart below.
Greenlight is a comprehensive banking app for kids of all ages. It includes a debit card, savings with APY, allowance for chores, financial literacy games, and even investing for kids. Plans range from $5.99 - $24.98 per month for up to 5 kids.
While CIT Bank is an online division of First Citizens Bank. It's known for high interest rates on its savings accounts and CDs. All accounts have no monthly service fees.
Compare Greenlight with CIT Bank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
| |  |  Member FDIC |
| | Visit Site | Visit Site |
| SPECIAL OFFER Greenlight Debit Card for Kids - Learn MoreRead Greenlight Review | SPECIAL OFFER CIT Bank Platinum Savings - Learn MoreRead CIT Bank Review |
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| | Benefits and Features |
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| Savings | 2% savings reward (3% for Greenlight Max, 5% for Greenlight Infinity, 6% for Greenlight Family Shield) on an average daily savings balance of up to $5,000 per family | Platinum Savings: 3.75% APY with a balance of $5,000 or more
Savings Connect: 3.65% APY
Savings Builder up to 1.00% APY with $25,000+ balance or $100 monthly deposit |
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| CD | | Term CDs up to 3.75% APY. $1,000 minimum opening deposit. |
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| Checking | Debit card up to 5 kids. Greenlight Max, Infinity, and Family Shield plans also earn 1% cashback on purchases | |
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| Kids Debit Card |  | |
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| Money Market | | 1.55% APY |
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| Mobile App | iOS & Android | iOS & Android |
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| | CreditDonkey® Reviews |
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| Pros & Cons | Pros:- Great parental controls
- Teaches money management for kids
- Excellent education and savings tools
Cons:- Can't deposit physical cash
- Relatively high fees
| Pros:- High savings APY
- No monthly fees
- Low opening deposits
Cons: |
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| Bottom Line | Solid financial literacy app and debit card for kids... Read full review | Solid online bank with excellent rates and no monthly fees... Read full review |
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| | Visit Site | Visit Site |
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Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. CIT Bank: For complete list of account details and fees, see our Personal Account disclosures. |
- Flexible controls, spending notifications, in-app chore list
- Age: No minimum age
- Fees: Starts at $5.99/month, per family (up to 5 kids). $10.98/month for Greenlight Max. $15.98/month for Greenlight Infinity. $24.98/month for Greenlight Family Shield.
Your funds will be held at Community Federal Savings Bank, an FDIC-insured institution.

Member FDIC
- 3.75% APY with a balance of $5,000 or more
- 0.25% APY with a balance of less than $5,000
- $100 minimum opening deposit
- No monthly maintenance fee
- Member FDIC
DisclosuresPlatinum Savings is a tiered interest rate account. Interest is paid on the entire account balance based on the interest rate and APY in effect that day for the balance tier associated with the end-of-day account balance.
*APYs — Annual Percentage Yields are accurate as of January 9, 2026: 0.25% APY on balances of $0.01 to $4,999.99; 3.75% APY on balances of $5,000.00 or more. Interest Rates for the Platinum Savings account are variable and may change at any time without notice. The minimum to open a Platinum Savings account is $100.
For complete list of account details and fees, see our Personal Account disclosures.

Member FDIC
- $100 minimum opening deposit
- No monthly maintenance fee
- Member FDIC
DisclosuresAPY — Annual Percentage Yield is accurate as of January 9, 2026. Interest Rates for the Savings Connect Account are variable and may change at any time without notice. The minimum to open a Savings Connect account is $100. Fees could reduce earnings on the account.
For complete list of account details and fees, see our Personal Account disclosures.

Member FDIC
- Option to withdraw full balance and interest after 7 days of CD funding date
- $1,000 minimum to open an account
- 11 months
- No monthly maintenance fee
- Member FDIC
DisclosuresAPY — Annual Percentage Yield is accurate as of January 9, 2026. $1,000 minimum to open the account.
With a No-Penalty CD, you may withdraw the total balance and interest earned, without penalty, beginning 7 days after funds have been received for your CD. No withdrawals are permitted during the first 6 days following the receipt of funds.
For complete list of account details and fees, see our Personal Account disclosures.
Which is Better: Greenlight or CIT Bank?
In short: CIT Bank's checking and customer service are notable.
Articles on Greenlight
Looking to teach your kids or tweens how banks and debit cards really work? Greenlight may be for you. Learn the pros, cons, fees, and more in this review.
Check out the top alternatives to Greenlight Debit Card for Kids to help you save money and enjoy similar features as Greenlight.
Don't want a Greenlight account anymore? Here's how to delete your Greenlight account and get your money back.
Want to transfer money from your Greenlight card? Find out how to withdraw your funds and send them back to your bank, step by step.
There are lots of ways to fund your Greenlight account. Find out how to add, transfer, and gift money to your child.
Is a Greenlight debit card for kids worth the cost? Learn more about Greenlight's plans, fees, and common complaints.
Greenlight offers a financial app and debit card with no hidden fees. But is it safe for kids? Learn more about Greenlight's security features below.
Articles on CIT Bank
CIT Bank offers a high interest rate. But how reliable is this online bank? Read this review to find out if what you heard is true.
CIT Bank is a well-known online bank with high savings interest rates. Find out how CIT Bank's CD rates compares to other trustworthy banks.
CIT Bank offers accounts with high interest rates and low fees. But just who is CIT Bank? And should you trust them with your money?
CIT Platinum Savings is CIT Bank's newest savings account. It advertises a higher APY. Check out how it compares to Savings Connect. Get a higher rate now.
CIT Bank offers a high APY. But there are some downsides, too. Read on to learn more about CIT Bank common complaints and possible solutions.
CIT Bank is an online bank that offers a variety of savings products. Find out how to manage your account, reach customer service, and the bank's current offers.
CIT Platinum Savings Account boasts a higher APY than its other savings accounts. But there's a catch. Read on to learn how to get the highest APY.
CIT Bank offers a CD account that has no penalty for early withdrawal. Read on to learn about the APY and any requirements or fees that come with it.
CIT Bank savings accounts offer some of the highest APYs with minimal requirements. Read on to learn how CIT can help you grow your money.
In the modern world, there are some things you just don't have to do anymore. Like drawing water from a well. Or paying fees just to keep your bank account open.
Forgot your CIT Bank username? We'll show you how to login your online bank account.
Want to transfer money in or out of your CIT Bank account? Read this review to find your ABA routing number.