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Greenlight vs goHenry

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

 GreenlightgoHenry
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Greenlight

goHenry

SPECIAL OFFER
Greenlight Debit Card for Kids - Learn More

Read Greenlight Review

SPECIAL OFFER
GoHenry Kids' Debit Card - Learn More

Read goHenry Review

 

Benefits and Features

Savings1% savings reward (2% for Greenlight Max, 5% for Greenlight Infinity) on an average daily savings balance of up to $5,000 per family
Create savings goals; No APY
CheckingDebit card up to 5 kids. Greenlight Max and Infinity plans also earn 1% cashback on purchasesDebit card up to 4 kids (Family Plan); 1 debit card (Individual Child)
Kids Debit Card
Check
Check
Minimum Deposit to Open
$1
$5
Mobile App
iOS & Android
iOS & Android
ATMsAny ATM with a Mastercard, Visa Interlink or Maestro name or logo. But the ATM owner may charge a withdrawal fee.$1.50 per withdrawal for domestic ATMs; $2.00 for international ATMs. ATM owners may also charge a fee.
Monthly FeeGreenlight Core: $4.99 per month
Greenlight Max: $9.98 per month
Greenlight Infinity: $14.98 per month
Individual Child - $4.99 per month
Family Plan - $9.98 per month
 

CreditDonkey® Reviews

 GreenlightgoHenry
SavingsStarStarStarStarHalf StarStarStarEmpty StarEmpty StarEmpty Star
Minimum DepositStarStarStarStarStarStarStarStarStarStar
CheckingStarStarStarHalf StarEmpty StarStarStarStarHalf StarEmpty Star
PriceStarStarEmpty StarEmpty StarEmpty StarStarStarHalf StarEmpty StarEmpty Star
Customer ServiceStarEmpty StarEmpty StarEmpty StarEmpty StarStarStarStarHalf StarEmpty Star
Mobile AppStarStarStarStarEmpty StarStarStarStarStarEmpty Star
Ease of UseStarStarStarStarStarStarStarStarStarStar
EducationStarStarStarStarStarStarStarStarStarStar
Pros & ConsPros:
  • 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:
  • App evolves with your child
  • Flexible parental controls
  • Game-like educational tools
Cons:
  • Accounts don't earn interest
  • Can't cancel through the app
Bottom LineSolid financial literacy app for kids but on the pricey side... Read full reviewGood banking app with fun educational content... Read full review
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GoHenry Kids' Debit Card

goHenry: Pricing information from published website as of 05/01/2022

Greenlight

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.
Your funds will be held at Community Federal Savings Bank, an FDIC-insured institution.
GoHenry Kids' Debit Card

GoHenry Kids' Debit Card

  • Real-time spend notifications.
  • Block and unblock cards easily.
  • Teach financial independence safely.
GoHenry card is issued by Community Federal Savings Bank, member FDIC

Which is Better: Greenlight or goHenry?

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 Copper.

In short: Greenlight's savings is noteworthy. goHenry's customer service is noteworthy.


Articles on Greenlight

Greenlight Review

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 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 goHenry

GoHenry Review

GoHenry offers kids a debit card and fun money lessons. But is it worth the monthly fee? Find out the pros, cons, and whether it's safe for your child.

GoHenry vs Greenlight

GoHenry vs Greenlight: Which is the best debit card for kids? Find out the pros, cons, and differences between GoHenry and Greenlight.

How Much Does GoHenry Cost

Is GoHenry worth the monthly fee? Find out if GoHenry is a good debit card for kids. Plus, check out the best free GoHenry alternatives.

Is GoHenry Safe

GoHenry offers financial education in a banking app and debit card for children. But is it safe and secure?

Which Do You Think is Best?





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