Greenlight vs TIAA Bank

Greenlight is a solid financial literacy app and debit card for kids. How does it compare to TIAA 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 - $14.98 per month for up to 5 kids.

While TIAA Bank promises to deliver a yield in the top 5% of competitive accounts for their Yield Pledge accounts. Checking requires a minimum of $100. Money Market Account requires a minimum opening deposit of $500. High APY. All accounts have no monthly service fees.

Compare Greenlight with TIAA Bank, side-by-side.

		TIAA BankAcorns EarlyFamZooStepChase
	Visit Site	Learn More
	Greenlight	TIAA Bank
	SPECIAL OFFER Greenlight Debit Card for Kids - Learn More Read Greenlight Review
	Benefits and Features
Savings	2% savings reward (3% for Greenlight Max, 5% for Greenlight Infinity) on an average daily savings balance of up to $5,000 per family
CD		Basic CD: 3.95% - 5.25% APY. Terms of 3 months to 5 years. Minimum deposit of $1,000. No monthly service fee.
Checking	Debit card up to 5 kids. Greenlight Max and Infinity plans also earn 1% cashback on purchases	Yield Pledge Checking: Up to 0.25% APY. Minimum deposit of $100. No monthly service fee.
Kids Debit Card
Money Market		Up to 4.75% APY. No monthly service fee. Minimum deposit of $500.
Mobile App	iOS & Android
	CreditDonkey® Reviews
Savings
Minimum Deposit
Checking
Price
Mobile App
Customer Service
Ease of Use
Education
Pros & Cons	Pros: Great parental controls Teaches money management for kids Excellent education and savings tools Cons: Can't deposit physical cash Difficult to close account
Bottom Line	Solid financial literacy app and debit card for kids... Read full review
	Visit Site	Learn More
	Greenlight Debit Card for Kids All Ages - Banking and Invest in One App Greenlight Debit Card 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. TIAA Bank: Pricing information from published website as of 09/02/2023.

Greenlight Debit Card for Kids

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All Ages - Banking and Invest in One App

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• Flexible controls, spending notifications, in-app chore list
• Age: No minimum age
• Fees: Starts at $5.99/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 Debit Card for Kids

• Debit cards for up to 5 kids per family
• No hidden fees - no ATM fees, overdraft fees, foreign transaction fees, or trading fees
• Earn cashback and up to 5% savings rewards
• Customize chores and allowance
• Set spending limits and block unsafe merchants
• Starts from $5.99/mo

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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.

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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 vs Copper
• Greenlight vs FamZoo
• Greenlight vs Step

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.

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