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Greenlight vs Customers Bank

Greenlight is a solid financial literacy app and debit card for kids. How does it compare to Customers Bank? Read our comparison chart below.

 GreenlightCustomers Bank
 Visit SiteLearn More
 

Greenlight

Customers Bank

SPECIAL OFFER
Greenlight Debit Card for Kids - Learn More

Read Greenlight Review

SPECIAL OFFER
High-Yield Savings Account - 3.76% APY - Learn More

Read Customers Bank Review

 

Benefits and Features

Savings2% 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 familyYield Shield Savings Account - 3.98% APY. $25,000 minimum opening deposit.
CD 3.50% to 3.90% APY. Terms of 3 to 24 months. $500 minimum to open
CheckingDebit card up to 5 kids. Greenlight Max, Infinity, and Family Shield plans also earn 1% cashback on purchasesUp to 2.00% APY. $50 to open, no balance required, no monthly fees.
Kids Debit Card
Check
 
Mobile App
iOS & Android
 
 

CreditDonkey® Reviews

 GreenlightCustomers Bank
SavingsStarStarStarStarHalf StarStarStarStarHalf StarEmpty Star
Minimum DepositStarStarStarStarStar
CheckingStarStarStarHalf StarEmpty StarStarStarStarStarEmpty Star
PriceStarStarStarEmpty StarEmpty Star
Mobile AppStarStarStarStarEmpty StarStarStarStarEmpty StarEmpty Star
Customer ServiceStarStarEmpty StarEmpty StarEmpty StarStarStarHalf StarEmpty StarEmpty Star
Ease of UseStarStarStarStarStar
EducationStarStarStarStarStar
CDStarStarStarStarEmpty Star
Pros & ConsPros:
  • Great parental controls
  • Teaches money management for kids
  • Excellent education and savings tools
Cons:
  • Can't deposit physical cash
  • Relatively high fees
Pros:
  • Competitive rates
  • No monthly fees
  • Access to physical branches
Cons:
  • Wire transfer fees
Bottom LineSolid financial literacy app and debit card for kids... Read full reviewSolid bank that offers an interest-earning checking account and savings options with good APY... Read full review
 Visit SiteLearn More

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Customers Bank: Pricing information from published website as of 10/01/2025.

Greenlight

All Ages - Banking and Invest in One App

  • 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.
Customers Bank

High-Yield Savings Account - 3.76% APY

  • $1 minimum deposit
  • No fees
  • 24/7 online access to funds
  • FDIC insured

Which is Better: Greenlight or Customers Bank?

In short: Greenlight's savings and mobile app are noteworthy.


Articles on Greenlight

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.

Greenlight Alternatives

Check out the top alternatives to Greenlight Debit Card for Kids to help you save money and enjoy similar features as Greenlight.

How to Delete Your Greenlight Account

Don't want a Greenlight account anymore? Here's how to delete your Greenlight account and get your money back.

How to Transfer Money from Greenlight Card

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.

How to Add Money to Greenlight Card

There are lots of ways to fund your Greenlight account. Find out how to add, transfer, and gift money to your child.

How Much Does Greenlight Cost

Is a Greenlight debit card for kids worth the cost? Learn more about Greenlight's plans, fees, and common complaints.

Is Greenlight Legit and Safe

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 Customers Bank

Customers Bank Review

Customers Bank boasts several interest-earning accounts with good APYs. Read on for all the details.

Which Do You Think is Best?





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