Mazoola vs Greenlight

Mazoola is a free virtual debit card for tech-savvy families. How does it compare to Greenlight? Read our comparison chart below.

	Mazoola	Greenlight

	Learn More	Visit Site
	SPECIAL OFFER Mobile Wallet for Kids - Learn More Read Mazoola Review	SPECIAL OFFER Greenlight Debit Card for Kids - Learn More Read Greenlight Review
	Benefits and Features
Savings	Create savings goals; no APY	1% savings reward (2% for Greenlight Max, 5% for Greenlight Infinity) on an average daily savings balance of up to $5,000 per family
Checking	Virtual debit card only for contactless payments with Apple Pay or Google Pay	Debit card up to 5 kids. Greenlight Max and Infinity plans also earn 1% cashback on purchases
Kids Debit Card
Minimum Deposit to Open	$0	$1
Mobile App	iOS & Android	iOS & Android
ATMs	N/A	Any ATM with a Mastercard, Visa Interlink or Maestro name or logo. But the ATM owner may charge a withdrawal fee.
Monthly Fee	$0	Greenlight Core: $4.99 per month Greenlight Max: $9.98 per month Greenlight Infinity: $14.98 per month
	CreditDonkey® Reviews

Savings
Checking
Price
Customer Service
Minimum Deposit to Open
Mobile App
Ease of Use
Education
Minimum Deposit
Pros & Cons	Pros: Free virtual debit card Earn allowance with chores No minimum age Cons: No ATM access No cash withdrawals or deposits Limited features	Pros: Great parental controls Teaches money management for kids Excellent education and savings tools Cons: High fees Can't deposit physical cash Difficult to close account
Bottom Line	Free virtual debit card for tech-savvy families... Read full review	Solid financial literacy app for kids but on the pricey side... Read full review
	Learn More	Visit Site
	Mobile Wallet for Kids	Greenlight Debit Card for Kids All Ages - Banking and Invest in One App Greenlight Banking and Educational App for Kids
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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 $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 Banking and Educational App for Kids

Get Started

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: Mazoola or Greenlight?

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

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

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.

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.