Greenlight vs Marcus by Goldman Sachs

Greenlight is a solid financial literacy app and debit card for kids. How does it compare to Marcus? 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 Marcus offers savings accounts, term CDs, and a no-penalty CD. It has no checking or ATM network. Savings account has no minimum deposit required to open while CDs have $500 minimum opening deposit. There are no service fees.

Compare Greenlight with Marcus, side-by-side. Read on for an in-depth look, including ratings and reviews.

	Greenlight	Marcus by Goldman Sachs

	Visit Site	Learn More
	SPECIAL OFFER Greenlight Debit Card for Kids - Learn More Read Greenlight Review	SPECIAL OFFER Marcus Online Savings - Earn 3.65% APY - Learn More Read Marcus Review
	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	3.65% APY. $0 to open. No fees to open or maintain account. No minimum daily balance requirement.
CD		3.75% to 4.20% APY. Terms of 6 months to 6 years. 12-month CD APY of 4.10%. $500 minimum to open. No monthly service fee.
Checking	Debit card up to 5 kids. Greenlight Max and Infinity plans also earn 1% cashback on purchases	N/A
Kids Debit Card
Money Market		N/A
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.	None
	CreditDonkey® Reviews

Savings
Minimum Deposit
Checking
Price
Mobile App
Customer Service
Ease of Use
Education
Pros & Cons	Pros: Great parental controls Teaches money management for kids Excellent education and savings tools Cons: Can't deposit physical cash Difficult to close account
Bottom Line	Solid financial literacy app and debit card for kids... Read full review	Read full review
	Visit Site	Learn More
	Greenlight Debit Card for Kids All Ages - Banking and Invest in One App Greenlight Debit Card for Kids	Marcus Online Savings - Earn 3.65% APY 6-Month High-Yield CD - 4.20% APY 9-Month High-Yield CD - 4.20% APY
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Marcus: Information including rates, fees, terms, and benefits was obtained on June 3, 2025 from published websites and is believed to be accurate, but not guaranteed.

Greenlight Debit Card for Kids

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All Ages - Banking and Invest in One App

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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.

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

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

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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.