Greenlight vs FamZoo

Greenlight is a solid financial literacy app for kids but on the pricey side. How does it compare to FamZoo? Read our comparison chart below.

	Greenlight	FamZoo
	SPECIAL OFFER Greenlight Debit Card for Kids - Learn More Read Greenlight Review	SPECIAL OFFER FamZoo Prepaid Card for Kids and Teens - Learn More Read FamZoo Review
	Benefits and Features
Savings	1% savings reward (2% for Greenlight Max, 5% for Greenlight Infinity) on an average daily savings balance of up to $5,000 per family	Parents can set up a custom interest rate to encourage kids saving
Checking	Debit card up to 5 kids. Greenlight Max and Infinity plans also earn 1% cashback on purchases	Prepaid debit cards for multiple kids
Kids Debit Card
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.	Any ATM, but the ATM owner may charge a fee.
Monthly Fee	Greenlight Core: $4.99 per month Greenlight Max: $9.98 per month Greenlight Infinity: $14.98 per month	$5.99 per month, OR $25.99 for 6 months $39.99 for 12 months $59.99 for 24 months
	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: One price for entire family First 4 cards free Up to 60 day free trial Cons: Monthly fee could be high No ATM network App is dated
Bottom Line	Solid financial literacy app for kids but on the pricey side... Read full review	Basic prepaid card account for kids, but not the cheapest option... Read full review
	Greenlight Debit Card for Kids All Ages - Banking and Invest in One App	FamZoo Prepaid Card for Kids and Teens
FamZoo: Pricing information from published website as of 05/01/2022

Greenlight Debit Card for Kids

Get Started

All Ages - Banking and Invest in One App

Get Started

• Flexible controls, spending notifications, in-app chore list
• Age: No minimum age
• Fees: Starts at $4.99/month, per family (up to 5 kids). $9.98/month for Greenlight Max. $14.98 per month for Greenlight Infinity.

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

FamZoo Prepaid Card for Kids and Teens

• Order Online
• No Credit Check
• Try for Free

Your funds will be held at SouthState Bank, an FDIC-insured institution

Learn More

Which is Better: Greenlight or FamZoo?

Still need help deciding which kids debit card is better? Read the in-depth reviews below. You may also be interested in comparing Greenlight or goHenry.

In short: Greenlight's mobile app and ease of use are noteworthy. In particular, the ease of use is impressive. FamZoo's customer service is excellent.

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 vs goHenry
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Greenlight Alternatives

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

• Greenlight vs Copper

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 FamZoo

FamZoo

FamZoo is a virtual family bank offering prepaid debit cards for kids. But is it worth the monthly fee? Find out how it stacks up in this review.

• FamZoo vs Current

Which Do You Think is Best?

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