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 $4.99 - $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.
Visit Site | Learn More | |
Greenlight | Marcus by Goldman Sachs | |
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Greenlight Debit Card for Kids - | Marcus Online Savings - Earn 4.40% APY - | |
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 | 4.40% APY. $0 to open. No fees to open or maintain account. No minimum daily balance requirement. |
CD | 3.90% to 5.00% APY. Terms of 6 months to 6 years. 12-month CD APY of 4.90%. $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 | |
Monthly Fee | Greenlight Core: $4.99 per month Greenlight Max: $9.98 per month Greenlight Infinity: $14.98 per month | |
Kids Debit Card | ||
Money Market | ||
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. | |
Customer Service | Mon - Sat: 8 am - 10 pm ET Sat - Sun: 9 am - 7 pm ET | |
Locations | ||
CreditDonkey® Reviews | ||
Savings | ||
Minimum Deposit | ||
Checking | ||
Price | ||
Mobile App | ||
Customer Service | ||
Ease of Use | ||
Education | ||
Pros & Cons | Pros:
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Bottom Line | Solid financial literacy app and debit card for kids... | |
Visit Site | Learn More | |
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 April 04, 2024 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). $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)
Which is Better: Greenlight or Marcus?
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.