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Greenlight vs Santander Bank

Greenlight is a solid financial literacy app and debit card for kids. How does it compare to Santander Bank? 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 Santander Bank has over 600 branches in the Northeast. Offers a range of checking and savings accounts, with simple requirements to waive service fees. High balance customers can earn higher interest. Their CDs offer high a APY with $500 minimum opening deposit.

Compare Greenlight with Santander Bank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

 Greenlight
 Visit SiteLearn More
 

Greenlight

Santander Bank

SPECIAL OFFER
Greenlight Debit Card for Kids - Learn More

Read Greenlight Review

SPECIAL OFFER
6-Month CD - 4.00% APY - Learn More

Read Santander Bank Review

 

Benefits and Features

Savings2% 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 family0.03% APY. $25 Minimum opening deposit. $1 monthly fee, unless 1) You have a Santander Checking Account, or have 2) $100 average daily balance in your savings account.
CD 4.00% and 3.50% APY for 6 and 12 months, respectively. Minimum deposit of $500, with Santander Checking Account.
CheckingDebit card up to 5 kids. Greenlight Max and Infinity plans also earn 1% cashback on purchases 
Kids Debit Card
Check
 
Money Market 0.03% APY. Must be Santander Premier Plus Checking Account holder. Minimum deposit of $25. No monthly fee.
Mobile App
iOS & Android
 
ATMsAny ATM with a Mastercard, Visa Interlink or Maestro name or logo. But the ATM owner may charge a withdrawal fee.Over 2000 ATMs throughout the Northeast, including in many CVS/pharmacy® locations
 

CreditDonkey® Reviews

 Greenlight
SavingsStarStarStarStarHalf StarStarStarStarEmpty StarEmpty Star
Minimum DepositStarStarStarStarStar
CheckingStarStarStarHalf StarEmpty StarStarStarStarStarEmpty Star
PriceStarStarStarEmpty StarEmpty Star
Mobile AppStarStarStarStarEmpty StarStarStarStarStarHalf Star
Customer ServiceStarStarEmpty StarEmpty StarEmpty StarStarStarStarStarEmpty Star
Ease of UseStarStarStarStarStar
EducationStarStarStarStarStar
CDStarStarStarStarStar
Money MarketStarStarEmpty StarEmpty StarEmpty Star
Pros & ConsPros:
  • Great parental controls
  • Teaches money management for kids
  • Excellent education and savings tools
Cons:
  • Can't deposit physical cash
  • Difficult to close account
Pros:
  • Easy to waive monthly fees
  • High APY for CDs
  • Free student checking
Cons:
  • Low interest for Premier Plus Checking
Bottom LineSolid financial literacy app and debit card for kids... Read full reviewNortheastern bank with low requirements to waive fees... Read full review
 Visit SiteLearn More

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

Santander Bank: Pricing information from published website as of 08/10/2025 based on 02109 zip code.

Greenlight

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

Which is Better: Greenlight or Santander Bank?

In short: Greenlight's savings is noteworthy. Santander Bank's customer service is worth mentioning.


Articles on Greenlight

Greenlight

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 Legit

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 Santander Bank

Santander Bank Review

If you're in the Northeast, Santander Bank offers solid basic checking and savings options, as well as competitive rates for CDs. Read on to see if it fits your needs.

Which Do You Think is Best?





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