Greenlight vs Fifth Third Bank
Greenlight is a solid financial literacy app and debit card for kids. 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 $5.99 - $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.
Visit Site | Visit Site | |
Greenlight | Fifth Third Bank | |
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Greenlight Debit Card for Kids - | Personal Checking Account - $300 Bonus - | |
Benefits and Features | ||
Savings | 2% savings reward (3% 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: 2.26% to 3.95% APY. Terms are 4, 8, 12, 24, and 60 months, minimum deposit of $5,000. | |
Checking | Debit card up to 5 kids. Greenlight Max and Infinity plans also earn 1% cashback on purchases |
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Kids Debit Card | ||
Money Market | 0.01% APY Standard Rate (0.01% Relationship Rate) | |
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 40,000 fee-free ATMs nationwide. |
CreditDonkey® Reviews | ||
Savings | ||
Minimum Deposit | ||
Checking | ||
Price | ||
Mobile App | ||
Customer Service | ||
Ease of Use | ||
Education | ||
CD | ||
Money Market | ||
Pros & Cons | Pros:
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Bottom Line | Solid financial literacy app and debit card for kids... | Midwest & Southwest bank with high balance requirements... |
Visit Site | Visit Site | |
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 11/22/2024 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 $5.99/month, per family (up to 5 kids). $9.98/month for Greenlight Max. $14.98 per month for Greenlight Infinity.
Greenlight Debit Card for Kids
- Debit cards for up to 5 kids per family
- No hidden fees - no ATM fees, overdraft fees, foreign transaction fees, or trading fees
- Earn cashback and up to 5% savings rewards
- Customize chores and allowance
- Set spending limits and block unsafe merchants
- Starts from $5.99/mo
Personal Checking Account - $300 Bonus
Open an eligible Fifth Third checking account. Make direct deposits totaling $2,000 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.
Fifth Third Momentum® Checking - $300 Bonus
Open an eligible Fifth Third checking account. Make direct deposits totaling $2,000 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?
In short: Greenlight's savings is noteworthy. Fifth Third Bank's customer service is worth mentioning.