Greenlight vs Marcus by Goldman Sachs
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Greenlight | Marcus by Goldman Sachs | |
|---|---|---|
Greenlight Debit Card for Kids - | Marcus Online Savings - Earn 2.15% APY - | |
Benefits and Features | ||
| Savings | 1% APY (2% APY for Greenlight Max families) on an average daily savings balance of up to $5,000 per family | 2.15% APY. $0 to open; $1 to earn stated APY. No fees to open or maintain account. No minimum daily balance requirement. |
| CD | 2.00% to 3.30% APY. Terms of 6 months to 6 years. 12-month CD APY of 3.00%. $500 minimum to open. No monthly service fee. | |
| Checking | Debit card up to 5 kids. Greenlight Max plan also earns 1% cashback on purchases | |
| Customer Service |
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| 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. | |
| Locations | ||
| Monthly Fee | Greenlight: $4.99 per month Greenlight + Invest: $7.98 per month Greenlight Max: $9.98 per month | |
CreditDonkey® Reviews | ||
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| Savings |   | |
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| Checking |  | |
| Price | | |
| Customer Service | | |
| Mobile App | | |
| Ease of Use | | |
| Education | | |
| Pros & Cons | Pros:
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| Bottom Line | Solid financial literacy app for kids but on the pricey side... | |
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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 September 22, 2022 from published websites and is believed to be accurate, but not guaranteed. | ||
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). $7.98/month for Greenlight + Invest
Articles on 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 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.
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 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.
Articles on Marcus by Goldman Sachs
Marcus Bank Review
Marcus by Goldman Sachs offers savings accounts and CDs at high interest rates. But don't expect accounts with a lot of bells and whistles. Read on for the pros and cons.
Which Do You Think is Best?
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