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Greenlight vs Mazoola

Greenlight is a solid financial literacy app and debit card for kids. How does it compare to Mazoola? Read our comparison chart below.

 Greenlight
 Visit SiteLearn More
 

Greenlight

Mazoola

SPECIAL OFFER
Greenlight Debit Card for Kids - Learn More

Read Greenlight Review

SPECIAL OFFER
Mobile Wallet for Kids - Learn More

Read Mazoola 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 purchasesVirtual debit card only for contactless payments with Apple Pay or Google Pay
Monthly FeeGreenlight Core: $4.99 per month
Greenlight Max: $9.98 per month
Greenlight Infinity: $14.98 per month
$0
Kids Debit Card
Check
 
Minimum Deposit to Open
$1
$0
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.
N/A
 

CreditDonkey® Reviews

 Greenlight
SavingsStarStarStarStarHalf StarStarStarHalf StarEmpty StarEmpty Star
Minimum DepositStarStarStarStarStar
CheckingStarStarStarHalf StarEmpty StarStarStarStarHalf StarEmpty Star
PriceStarStarStarEmpty StarEmpty StarStarStarStarStarStar
Mobile AppStarStarStarStarEmpty StarStarStarStarEmpty StarEmpty Star
Customer ServiceStarStarEmpty StarEmpty StarEmpty StarStarStarStarEmpty StarEmpty Star
Ease of UseStarStarStarStarStarStarStarStarStarStar
EducationStarStarStarStarStarStarStarHalf StarEmpty StarEmpty Star
Minimum Deposit to OpenStarStarStarStarHalf Star
Pros & ConsPros:
  • Free one-month trial, then start at $4.99/month for whole family
  • Great parental controls
  • Teaches money management for kids
  • Excellent education and savings tools
Cons:
  • Can't deposit physical cash
  • Difficult to close account
Pros:
  • Free virtual debit card
  • Earn allowance with chores
  • No minimum age
Cons:
  • No ATM access
  • No cash withdrawals or deposits
  • Limited features
Bottom LineSolid financial literacy app and debit card for kids... Read full reviewFree virtual debit card for tech-savvy families... Read full review
 Visit SiteLearn More

Mobile Wallet for Kids

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

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.
Greenlight

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

Which is Better: Greenlight or Mazoola?

Still need help deciding which save money is better? Read the in-depth reviews below. You may also be interested in comparing Greenlight or goHenry.

In short: Greenlight's savings, mobile app, and education are noteworthy. In particular, the education is impressive. Mazoola's price is impressive.


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 Mazoola

Mazoola Review

Is the Mazoola app and virtual debit card safe? Find out how to use Mazoola to teach your kid about financial responsibility.

Which Do You Think is Best?





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