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Greenlight vs USAA Bank

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

 Greenlight
 Visit SiteLearn More
 

Greenlight

USAA Bank

SPECIAL OFFER
Greenlight Debit Card for Kids - Learn More

Read Greenlight Review

SPECIAL OFFER
6-Month CD - 2.25% APY - Learn More

Read USAA 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 family
  • USAA Savings and USAA Youth Savings: 0.01% APY. $25 to open.
  • USAA Performance First Savings: Earn up to 0.65% APY. $1,000 to open.
  • CD 0.05% to 3.51% APY. Terms of 91 days to 7 years. Minimum deposit of $1,000 to open.
    CheckingDebit card up to 5 kids. Greenlight Max and Infinity plans also earn 1% cashback on purchasesClassic Checking, Youth Spending
    Kids Debit Card
    Check
     
    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.100,000+ USAA and USAA-preferred ATMs
     

    CreditDonkey® Reviews

     Greenlight
    SavingsStarStarStarStarHalf StarStarStarHalf StarEmpty StarEmpty Star
    Minimum DepositStarStarStarStarStar
    CheckingStarStarStarHalf StarEmpty Star
    PriceStarStarStarEmpty StarEmpty Star
    Mobile AppStarStarStarStarEmpty StarStarStarStarStarHalf Star
    Customer ServiceStarStarEmpty StarEmpty StarEmpty StarStarStarStarEmpty StarEmpty Star
    Ease of UseStarStarStarStarStar
    EducationStarStarStarStarStar
    FeesStarStarStarHalf 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:
    • $0 monthly fees
    • Free bank card
    Cons:
    • Low APY
    • Not available for all
    Bottom LineSolid financial literacy app and debit card for kids... Read full reviewSavings account with low rate and limited availability... 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.

    USAA Bank: Pricing information from published website as of 09/23/2025.

    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 USAA Bank?

    In short: Greenlight's savings is noteworthy.


    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 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 USAA Bank

    USAA Routing Number

    USAA only has one routing number: 314074269. Learn what you need it for and other ways to transfer money.

    USAA Savings Account Interest Rate

    Looking to open a savings account with USAA Federal Savings Bank? Read on to learn what rates are being offered.

    USAA High Yield Savings

    USAA Bank boasts a savings account with an adequate rate and no fees. But you may not be eligible to get it. Read on to find out.

    Which Do You Think is Best?





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