Greenlight vs Robinhood
Greenlight is a solid financial literacy app and debit card for kids. How does it compare to Robinhood? 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 - $24.98 per month for up to 5 kids.
While Robinhood offers $0 stock trades by cutting out physical offices and manual account management. Only basic stock trading can be performed on the mobile app. There is no minimum deposit or maintenance fee, though there is an optional paid premier customer tier starting at $5/month.
Compare Greenlight with Robinhood, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
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| Visit Site | Visit Site | |
Greenlight | Robinhood | |
|---|---|---|
Greenlight Debit Card for Kids - | Get a Free Stock (worth between $5 and $200) - | |
Benefits and Features | ||
| Savings | 2% savings reward (3% for Greenlight Max, 5% for Greenlight Infinity, 6% for Greenlight Family Shield) on an average daily savings balance of up to $5,000 per family | |
| Stock Trading | ||
| Options Trading | ||
| Annual Fee |
| |
| Minimum Deposit | ||
| Checking | Debit card up to 5 kids. Greenlight Max, Infinity, and Family Shield plans also earn 1% cashback on purchases | |
| Mutual Fund Trading | ||
| Kids Debit Card | ||
| Banking | Offers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank | |
| Mobile App | ||
| Forex Trading | ||
| Futures Trading | ||
CreditDonkey® Reviews | ||
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| Savings | ||
| Minimum Deposit | ||
| Checking | ||
| Price | ||
| Mobile App | ||
| Customer Service | ||
| Ease of Use | ||
| Education | ||
| Stock Trading | ||
| Options Trading | ||
| Commissions and Fees | ||
| Research | ||
| Pros & Cons | Pros:
| Pros:
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| Bottom Line | Solid financial literacy app and debit card for kids... | Free way to trade stocks with limited bells and whistles... |
| Visit Site | Visit Site | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Robinhood: Pricing information from published websites as of 01/25/2025. | ||
All Ages - Banking and Invest in One App
- Flexible controls, spending notifications, in-app chore list
- Age: No minimum age
- Fees: Starts at $5.99/month, per family (up to 5 kids). $10.98/month for Greenlight Max. $15.98/month for Greenlight Infinity. $24.98/month for Greenlight Family Shield.
3% Match on IRA with Robinhood Gold
Earn 3% IRA match on all eligible contributions with Robinhood Gold. Terms and conditions apply. This is a limited-time offer.
Robinhood Gold: 3.25% APY on Idle Cash
- 3.25% APY on idle cash - earn while you sleep
- Your money is FDIC-insured up to $2.5M at partner banks. No cap on earnings, withdraw or invest you money at any time.
Which is Better: Greenlight or Robinhood?
In short: Robinhood's customer service is noteworthy.




















