Greenlight vs Fifth Third Bank
Greenlight is a solid financial literacy app for kids but on the pricey side. How does it compare to Fifth Third 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 $4.99 - $14.98 per month for up to 5 kids.
While Fifth Third Bank has 1,300 branches across the Midwest and Southwest. Basic checking account requires $1,500 minimum balance to avoid fees. Promotional CD offers a high APY for terms up to 27 months with a $5,000 minimum opening deposit.
Compare Greenlight with Fifth Third Bank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
 |  | |
 | | |
Greenlight | Fifth Third Bank | |
|---|---|---|
Greenlight Debit Card for Kids - | Personal Checking Account - $275 Bonus - | |
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 | |
| CD | 0.01% APY. Terms ranging from 7 days to 84 months, minimum deposit of $500. Featured CD: 4.00 - 4.50% APY. Terms are 5, 10, and 15 months, minimum deposit of $5,000. | |
| Checking | Debit card up to 5 kids. Greenlight Max and Infinity plans also earn 1% cashback on purchases |
|
| Kids Debit Card |  | |
| Money Market | 0.01% APY Standard Rate (0.01% Relationship Rate) | |
| Customer Service |
| |
| Minimum Deposit to Open | ||
| Mobile App | ||
| ATMs | Any ATM with a Mastercard, Visa Interlink or Maestro name or logo. But the ATM owner may charge a withdrawal fee. | Allpoint® and 7-Eleven® network of ATMs. More than 50,000 fee-free ATMs nationwide. |
| IRA CD | ||
| Locations | 1,300 branches, including 100 Bank Mart® locations across the country | |
| Monthly Fee | Greenlight Core: $4.99 per month Greenlight Max: $9.98 per month Greenlight Infinity: $14.98 per month | |
CreditDonkey® Reviews | ||
| | |
| Savings |   |  |
| Minimum Deposit | | |
| Checking | | |
| Price | | |
| Customer Service | | |
| Mobile App | | |
| Ease of Use | | |
| Education | | |
| CD | | |
| Money Market | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Solid financial literacy app for kids but on the pricey side... | Midwest & Southwest bank with high balance requirements... |
| | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Fifth Third Bank: Pricing information from published website as of 03/12/2023 based on 45202 zip code. | ||
All Ages - Banking and Invest in One App
- 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.
Greenlight Banking and Educational App for Kids
- Spend, save, invest, and learn all in one app
- Cashback & up to 5% savings rewards
- Investing platform just for kids
- Financial literacy games for the real world
- Starts from $4.99/mo (1-month free trial)
Personal Checking Account - $275 Bonus
Open an eligible Fifth Third Checking account. Have direct deposits totaling $500 or more within 90 days of account opening to qualify for bonus. The cash bonus will be deposited into your new checking account within 10 business days of completing qualifying activity requirements.
Which is Better: Greenlight or Fifth Third Bank?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Greenlight or Chase.
In short: Greenlight's savings is noteworthy. Fifth Third Bank's customer service is worth mentioning.
Articles on Greenlight
Greenlight Review
Greenlight Alternatives
How to Delete Your Greenlight Account
How to Transfer Money from Greenlight Card
How to Add Money to Greenlight Card
How Much Does Greenlight Cost
Is Greenlight Safe
Articles on Fifth Third Bank
