{"id":487,"date":"2021-11-01T15:12:44","date_gmt":"2021-11-01T16:12:44","guid":{"rendered":"http:\/\/marshalllodge.co.uk\/?p=487"},"modified":"2024-12-19T15:13:15","modified_gmt":"2024-12-19T15:13:15","slug":"greenlight-debit-card-review-good-financial-cents","status":"publish","type":"post","link":"http:\/\/marshalllodge.co.uk\/index.php\/2021\/11\/01\/greenlight-debit-card-review-good-financial-cents\/","title":{"rendered":"Greenlight Debit Card Review | Good Financial Cents"},"content":{"rendered":"\n<p>The Greenlight Debit Card is a prepaid debit card designed for teens, providing an easy and secure way for them to manage their own spending. <\/p>\n\n\n\n<p>It provides parents with peace of mind knowing that their teen\u2019s purchases are supervised, allowing them to <a href=\"https:\/\/www.goodfinancialcents.com\/how-to-make-a-budget-that-actually-works\/\" data-wpel-link=\"internal\" rel=\"noopener\">set budgets<\/a> or <a href=\"https:\/\/www.goodfinancialcents.com\/how-to-spend-less-money\/\" data-wpel-link=\"internal\" rel=\"noopener\">limits on spending<\/a>, keep track of purchases in real time, and receive purchase notifications right away so they can have conversations about responsible budgeting. <\/p>\n\n\n\n<p>The debit card also comes with helpful features such as rewards and goal-setting tools that <a href=\"https:\/\/www.goodfinancialcents.com\/teaching-kids-value-money-management\/\" data-wpel-link=\"internal\" rel=\"noopener\">encourage teens to save money<\/a>.<\/p>\n\n\n\n<p><strong>Key Takeaways<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Greenlight debit card is marketed to families with kids \u2014 as in, families just like mine! I am currently using the Greenlight product with my two older boys, and the contents of this review reflect my experience.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Families who choose the Greenlight debit card are getting more than just a debit card for their kids. This debit card comes with a mobile app for parents, as well as an array of tools that help plan spending, saving, chores, and more.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Greenlight debit card lets parents set controls or \u201crules\u201d for debit card use, and parents can also get notified each time their kid spends money.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>This card also has a rewards component that lets kids earn cash back on their savings.<\/li>\n<\/ul>\n\n\n<div class=\"gfc-table-of-contents gfc-table-of-contents-blockwrap gfc-blockwrap\"><div class=\"gfc-table-of-contents-title-container\"><h3>Table of Contents<\/h3><\/div><div class=\"gfc-table-of-contents-content\t-container\"><ul><li><a href=\"#teaching-your-kids-about-money\">Teaching Your Kids About Money<\/a><\/li>\n<li><a href=\"#about-greenlight\">About Greenlight\u00a0<\/a><\/li>\n<li><a href=\"#greenlight-plans-and-costs\">Greenlight Plans and Costs<\/a><\/li>\n<li><a href=\"#my-familys-experience-with-greenlight\">My Family\u2019s Experience With Greenlight<\/a><\/li>\n<li><a href=\"#how-does-greenlight-compare\">How Does Greenlight Compare?<\/a><\/li>\n<li><a href=\"#how-to-sign-up-for-greenlight\">How to Sign Up for Greenlight<\/a><\/li>\n<li><a href=\"#whom-is-greenlight-best-for\">Whom Is Greenlight Best For?<\/a><\/li>\n<li><a href=\"#the-bottom-line-greenlight-debit-card-review\">The Bottom Line \u2013 Greenlight Debit Card Review<\/a><\/li><\/ul><\/div><\/div>\n\n\n<h2 class=\"wp-block-heading\">Teaching Your Kids About Money<\/h2>\n\n\n\n<p>As a <a href=\"https:\/\/www.goodfinancialcents.com\/how-to-pick-financial-advisor\/\" data-wpel-link=\"internal\" rel=\"noopener\">financial advisor<\/a> and certified money nerd, I have always known how important it is to teach kids about money. After all, finances are a big part of growing up, and our children will eventually be out on their own. <\/p>\n\n\n\n<p>When we take the time to teach them about paying bills, budgeting, and saving for the future, we are helping set them up for success <em>and<\/em> teaching them basic life skills at the same time.<\/p>\n\n\n\n<p>Fortunately, technology has made this part of parenting considerably easier!\u00a0<\/p>\n\n\n\n<p>When I first started teaching my kids about budgeting and managing money, we were using the envelope system that was inspired by <a href=\"https:\/\/www.goodfinancialcents.com\/dave-ramseys-baby-steps-explained\/\" data-wpel-link=\"internal\" rel=\"noopener\">Dave Ramsey<\/a> and Rachel Cruze. <\/p>\n\n\n\n<p>My wife and I had a chore sheet with tasks our kids would have to complete each week, and they would get paid their <strong>\u201callowance\u201d<\/strong> when they did all the work. From there, our kids kept their money in different envelopes \u2014 <strong>envelopes for spending, saving, giving, and specific goals.\u00a0<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">The Envelope System With 4 Kids<\/h3>\n\n\n\n<p>This worked pretty well for a while, but my kid\u2019s financial lives have gotten more complicated as they have grown up. <\/p>\n\n\n\n<p>For example, my oldest son is selling things on eBay, and I really wanted him to have his own eBay account instead of using mine. And obviously, cash in an envelope won\u2019t help him run his eBay business at all.\u00a0<\/p>\n\n\n\n<p>Not only that, but all four of our children are on our payroll, so they all have a tidy sum of money in their own checking and <a href=\"https:\/\/www.goodfinancialcents.com\/best-savings-accounts\/\" data-wpel-link=\"internal\" rel=\"noopener\">savings accounts<\/a> already. Unfortunately, the <a href=\"https:\/\/www.goodfinancialcents.com\/best-national-banks\/\" data-wpel-link=\"internal\" rel=\"noopener\">bank<\/a> we have all been using doesn\u2019t offer a way for kids under 16 to access their money with their own debit card.<\/p>\n\n\n\n<p>I initially thought about making my kids authorized users on my <a href=\"https:\/\/www.goodfinancialcents.com\/best-credit-card-to-build-credit-when-you-have-none\/\" data-wpel-link=\"internal\" rel=\"noopener\">credit card<\/a>, or even opening a new <a href=\"https:\/\/www.goodfinancialcents.com\/best-checking-accounts\/\" data-wpel-link=\"internal\" rel=\"noopener\">checking account<\/a> and getting each kid a debit card of their own.<\/p>\n\n\n\n<p>Ultimately, this is what led me to discover <strong>Greenlight debit cards for kids<\/strong>. With the option for each kid to have their own debit card and all the tools available to parents, I immediately signed my family up.<\/p>\n\n\n<div class=\"ca-widget\" data-token=\"k77b232397eb\"><\/div>\n\n\n<h2 class=\"wp-block-heading\">About Greenlight\u00a0<\/h2>\n\n\n\n<p>Greenlight was originally founded in 2014 as a fintech app for kids, but the product has improved quite a bit since its initial launch. First of all, parents should know that Greenlight is a lot more than a debit card for kids. <\/p>\n\n\n\n<p>This debit card also works in conjunction with a mobile app that is equally accessible by parents running the account.<\/p>\n\n\n\n<p><strong>With a Greenlight debit card, you can:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Set up chore charts for your kids.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Help your kids set up savings goals through the app.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Get notified each time your child makes a purchase.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Automatically transfer money (i.e. their allowance) to kids through the app.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Decide which stores your kids are allowed to spend money at.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Let your kids \u201csave their change\u201d by rounding up their purchases and diverting it to savings (similar to the <a href=\"https:\/\/www.goodfinancialcents.com\/acorns-app-review\/\" data-wpel-link=\"internal\" rel=\"noopener\">Acorns app<\/a>).<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Decide whether kids can access cash at an ATM.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Help your kids learn about investing through Greenlight + Invest and Greenlight Max.<\/li>\n<\/ul>\n\n\n\n<p>Greenlight also has a rewards component kids and parents can take advantage of. For starters, Greenlight Max kids get 1% in <a href=\"https:\/\/www.goodfinancialcents.com\/best-cash-back-credit-cards\/\" data-wpel-link=\"internal\" rel=\"noopener\">cash back rewards<\/a> on every purchase they make with their debit card. <\/p>\n\n\n\n<p>Kids can also earn 1% to 2% on their savings depending on whether they are a basic member, a Greenlight + Investing member, or part of Greenlight Max.<\/p>\n\n\n\n<p>One major benefit of Greenlight is that there is no minimum age for kids to get the app. This makes the product different from some other financial products targeted to teens, many of which set a minimum age of 8 to 16.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Greenlight Plans and Costs<\/h2>\n\n\n\n<p>While Greenlight offers a ton of tools that can help kids learn more about their finances, this product is far from free. Ultimately, this is one of the major downsides of Greenlight. <\/p>\n\n\n\n<p>After all, there are other debit cards for kids and teens that don\u2019t have a monthly fee, although they have a lot fewer features overall.<\/p>\n\n\n\n<p>Either way, here\u2019s a rundown of what you can expect to pay for a Greenlight plan depending on the tier of service you sign up for.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th><\/th><th><strong>Greenlight \u2014$4.99 per month<\/strong><\/th><th><strong>Greenlight + Invest \u2014 $9.98 per month<\/strong><\/th><th><strong>Greenlight Max \u2014 $14.98 per month<\/strong><\/th><\/tr><\/thead><tbody><tr><td>Debit card for up to 5 kids<\/td><td><strong><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\u2705\" class=\"wp-smiley lazyload\" style=\"height: 1em;max-height: 1em\" data-src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/2705.png\"><\/strong><\/td><td><strong><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\u2705\" class=\"wp-smiley lazyload\" style=\"height: 1em;max-height: 1em\" data-src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/2705.png\"><\/strong><\/td><td><strong><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\u2705\" class=\"wp-smiley lazyload\" style=\"height: 1em;max-height: 1em\" data-src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/2705.png\"><\/strong><\/td><\/tr><tr><td>Education all<\/td><td><strong><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\u2705\" class=\"wp-smiley lazyload\" style=\"height: 1em;max-height: 1em\" data-src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/2705.png\"><\/strong><\/td><td><strong><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\u2705\" class=\"wp-smiley lazyload\" style=\"height: 1em;max-height: 1em\" data-src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/2705.png\"><\/strong><\/td><td><strong><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\u2705\" class=\"wp-smiley lazyload\" style=\"height: 1em;max-height: 1em\" data-src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/2705.png\"><\/strong><\/td><\/tr><tr><td>Core financial tools<\/td><td><strong><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\u2705\" class=\"wp-smiley lazyload\" style=\"height: 1em;max-height: 1em\" data-src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/2705.png\"><\/strong><\/td><td><strong><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\u2705\" class=\"wp-smiley lazyload\" style=\"height: 1em;max-height: 1em\" data-src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/2705.png\"><\/strong><\/td><td><strong><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\u2705\" class=\"wp-smiley lazyload\" style=\"height: 1em;max-height: 1em\" data-src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/2705.png\"><\/strong><\/td><\/tr><tr><td>Parental controls<\/td><td><strong><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\u2705\" class=\"wp-smiley lazyload\" style=\"height: 1em;max-height: 1em\" data-src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/2705.png\"><\/strong><\/td><td><strong><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\u2705\" class=\"wp-smiley lazyload\" style=\"height: 1em;max-height: 1em\" data-src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/2705.png\"><\/strong><\/td><td><strong><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\u2705\" class=\"wp-smiley lazyload\" style=\"height: 1em;max-height: 1em\" data-src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/2705.png\"><\/strong><\/td><\/tr><tr><td>Greenlight savings rewards<\/td><td>1%<\/td><td>2%<\/td><td>5%<\/td><\/tr><tr><td>Investing for parents<\/td><td>Lite<\/td><td><strong><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\u2705\" class=\"wp-smiley lazyload\" style=\"height: 1em;max-height: 1em\" data-src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/2705.png\"><\/strong><\/td><td><strong><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\u2705\" class=\"wp-smiley lazyload\" style=\"height: 1em;max-height: 1em\" data-src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/2705.png\"><\/strong><\/td><\/tr><tr><td>Investing for Kids<\/td><td><\/td><td><strong><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\u2705\" class=\"wp-smiley lazyload\" style=\"height: 1em;max-height: 1em\" data-src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/2705.png\"><\/strong><\/td><td><strong><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\u2705\" class=\"wp-smiley lazyload\" style=\"height: 1em;max-height: 1em\" data-src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/2705.png\"><\/strong><\/td><\/tr><tr><td>1% cash back on spending<\/td><td><\/td><td><strong><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\u2705\" class=\"wp-smiley lazyload\" style=\"height: 1em;max-height: 1em\" data-src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/2705.png\"><\/strong><\/td><td><strong><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\u2705\" class=\"wp-smiley lazyload\" style=\"height: 1em;max-height: 1em\" data-src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/2705.png\"><\/strong><\/td><\/tr><tr><td>Priority customer support<\/td><td><\/td><td><strong><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\u2705\" class=\"wp-smiley lazyload\" style=\"height: 1em;max-height: 1em\" data-src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/2705.png\"><\/strong><\/td><td><strong><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\u2705\" class=\"wp-smiley lazyload\" style=\"height: 1em;max-height: 1em\" data-src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/2705.png\"><\/strong><\/td><\/tr><tr><td>Protection, 3x<\/td><td><\/td><td><strong><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\u2705\" class=\"wp-smiley lazyload\" style=\"height: 1em;max-height: 1em\" data-src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/2705.png\"><\/strong><\/td><td><strong><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\u2705\" class=\"wp-smiley lazyload\" style=\"height: 1em;max-height: 1em\" data-src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/2705.png\"><\/strong><\/td><\/tr><tr><td>Family location sharing<\/td><td><\/td><td><\/td><td><strong><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\u2705\" class=\"wp-smiley lazyload\" style=\"height: 1em;max-height: 1em\" data-src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/2705.png\"><\/strong><\/td><\/tr><tr><td>SOS alert<\/td><td><\/td><td><\/td><td><strong><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\u2705\" class=\"wp-smiley lazyload\" style=\"height: 1em;max-height: 1em\" data-src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/2705.png\"><\/strong><\/td><\/tr><tr><td>Crash Detection<\/td><td><\/td><td><\/td><td><strong><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\u2705\" class=\"wp-smiley lazyload\" style=\"height: 1em;max-height: 1em\" data-src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/2705.png\"><\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>As you can see, Greenlight offers three different plans for families to choose from:<\/p>\n\n\n\n<p><strong>Greenlight<\/strong> <strong>Core<\/strong>: The basic Greenlight plan lets parents get a debit card for up to five kids. This plan offers basic tools for parents, like the ability to set up chore charts, send their kids money, and be notified when their kids make a purchase. Kids in this tier of the program will also earn 1% in rewards on their savings.<\/p>\n\n\n\n<p><strong>Greenlight Max<\/strong>: The Greenlight + Invest plan costs slightly more than the basic plan, yet families get the added benefit of investing tools. <br \/><br \/>This feature within the Greenlight app lets kids <a href=\"https:\/\/www.goodfinancialcents.com\/what-are-fractional-shares\/\" data-wpel-link=\"internal\" rel=\"noopener\">purchase fractional shares<\/a> of their favorite stocks, and they can <a href=\"https:\/\/www.goodfinancialcents.com\/how-to-invest-small-amounts-of-money\/\" data-wpel-link=\"internal\" rel=\"noopener\">start investing with as little as $1<\/a> with no trading fees. Parents also get to approve every trade right from the app. Kids in this tier also earn 2% in cash back on their savings.<\/p>\n\n\n\n<p><strong>Greenlight Infinity<\/strong>: Greenlight Max is the top-tier plan, and it includes all the benefits of the basic plan plus the investing features. <br \/><br \/>On top of that, parents get benefits like priority customer support and kids also get 1% back on purchases made with their debit card and 5% in cash back on their savings. Other features like family location sharing, SOS alerts, and crash detection are included.<\/p>\n\n\n<p><!-- wp:Spotify --><\/p>\n<p>If you would rather listen to this post, and others here on the <a href=\"https:\/\/www.goodfinancialcents.com\/how-to-start-a-blog\/\" data-wpel-link=\"internal\" rel=\"noopener\">blog<\/a>, please check out the <a href=\"https:\/\/open.spotify.com\/episode\/30rMV9FMQfeaV6ZhrdVIBq?si=15a5c048ef064b3e\" data-wpel-link=\"external\" rel=\"external noopener noreferrer\">Good Financial Cents podcast on Spotify<\/a>.<\/p>\n<p><\/p>\n<p><!-- \/wp:Spotify --><\/p>\n\n\n<h2 class=\"wp-block-heading\">My Family\u2019s Experience With Greenlight<\/h2>\n\n\n\n<p><a href=\"https:\/\/www.goodfinancialcents.com\/greenlight\" target=\"_blank\" rel=\"noreferrer noopener sponsored nofollow\" data-wpel-link=\"internal\"><strong>Signing up for Greenlight<\/strong><\/a> was a no-brainer for my family since the app was set up to solve all our problems by letting kids have access to their money. <\/p>\n\n\n\n<p>In the meantime, the Greenlight app would also let me and my wife oversee every aspect of their financial lives, from the stores they were allowed to spend at to their chores and savings goals. <\/p>\n\n\n\n<p>I also liked the fact I could instantly send money to my kids at any time, whether they completed a chore or they needed money for a school project or event.<\/p>\n\n\n\n<p>My kids could even make crazy requests, like the time my son asked me for $10,000. It was all in good fun, but the answer to that one was definitely <strong>\u201cno.\u201d<\/strong><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" width=\"473\" height=\"1024\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"screenshot of my Greenlight account where my son requested $10,000\" class=\"wp-image-42949 img-fluid lazyload\" data-src=\"https:\/\/www.goodfinancialcents.com\/wp-content\/uploads\/2021\/11\/bentley-requests-10k-2-1-473x1024.png\"><\/figure><\/div>\n\n\n<p>With that being said, we encountered some bugs along the way. For starters, there are some maximum transfer and withdrawal amounts families should know right off the bat. <\/p>\n\n\n\n<p>These include a maximum ATM withdrawal amount of $100 per day, per user. Not only that, the families can only withdraw a maximum amount of $500 from an ATM<em> <\/em><strong><em>per month<\/em><\/strong>.\u00a0<\/p>\n\n\n\n<p>That may not be a huge deal, but it\u2019s worth knowing ahead of time!\u00a0<\/p>\n\n\n\n<p>You may run into some glitches when you first get started. For example, I moved money into my son\u2019s account the first weekend we signed up for Greenlight. <\/p>\n\n\n\n<p>We were on our way to a sports car show, and we thought it would be fun to go to Walmart to try to take money out of his account.\u00a0<\/p>\n\n\n\n<p>The thing is, he kept trying and couldn\u2019t get it to work at all. We ended up going to three different ATMs to try to get cash out with his Greenlight debit card with no luck.<\/p>\n\n\n\n<p>I submitted a ticket with Greenlight and got a call back right away, which is definitely a plus. However, this is where things got complicated fast. <\/p>\n\n\n\n<p>When I spoke to customer service, I found out there are different \u201cbuckets\u201d in play when you transfer money from a parent\u2019s account to a kid\u2019s Greenlight wallet.\u00a0<\/p>\n\n\n\n<p>Specifically, each account has a general bucket that lets kids spend anywhere they want, but you have to click one more place to authorize letting them get cash out of an ATM. I hadn\u2019t taken that step, and that\u2019s why my son couldn\u2019t get cash out of his account.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" width=\"720\" height=\"540\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"picture of my son taking cash from an ATM using his Greenlight debit card\" class=\"wp-image-42947 img-fluid lazyload\" data-src=\"https:\/\/www.goodfinancialcents.com\/wp-content\/uploads\/2021\/11\/son-atm.png\"><\/figure><\/div>\n\n\n<p>One final downside of Greenlight is the fact that you can\u2019t get paid from this account through eBay. That won\u2019t affect most families, but my oldest son buys and sells on eBay all the time. <\/p>\n\n\n\n<p>To get around this, I had to set up a separate savings account just for my son\u2019s eBay earnings. From there, I can log into my phone and transfer money from that account to his Greenlight account.<\/p>\n\n\n\n<p>Again, that\u2019s not a huge deal, but you should definitely make sure Greenlight is a useful solution for whatever your needs are. If your kid is getting paid from outside sources other than you, you should know whether that money can go directly to their Greenlight account.<\/p>\n\n\n\n<p>As a side note, Greenlight does say kids with traditional jobs can get paid via direct deposit to their Greenlight accounts. <\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>Specifically, they say that \u201ctheir paychecks will automatically be deposited onto their Greenlight card in their Spend Anywhere spend control, even if they\u2019re on vacation or out of town.\u201d<\/p>\n<\/blockquote>\n\n\n\n<p>With that being said, Greenlight is not set up to accept direct deposits from any government sources, including Social Security payments, <a href=\"https:\/\/www.goodfinancialcents.com\/what-to-do-with-tax-refund\/\" data-wpel-link=\"internal\" rel=\"noopener\">federal tax refunds<\/a>, state tax refunds, child support, etc., or from Paypal, Venmo, Apple Cash, or other money transfer apps.<\/p>\n\n\n<div class=\"ca-widget\" data-token=\"w9c7c4cc2b11\"><\/div>\n\n\n<h2 class=\"wp-block-heading\">How Does Greenlight Compare?<\/h2>\n\n\n\n<p>There are plenty of debit card products for kids out there, including the MONEY Teen Checking from <a href=\"https:\/\/www.goodfinancialcents.com\/capital-one-mortgage-review\/\" data-wpel-link=\"internal\" rel=\"noopener\">Capital One<\/a> and Chase First Checking Debit Card for Kids.<\/p>\n\n\n\n<p>You\u2019ll notice that other options don\u2019t require a monthly plan fee, but they tend to offer fewer perks as well.<\/p>\n\n\n\n<p><strong>The chart below shows how Greenlight stacks up in terms of costs and features:<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th><\/th><th><strong>Greenlight<\/strong><\/th><th><strong>MONEY Teen Checking from Capital One<\/strong><\/th><th><strong>Chase First Checking Debit Card for Kids<\/strong><\/th><\/tr><\/thead><tbody><tr><td>Monthly plan fee<\/td><td>$4.99 to $14.98<\/td><td>$0<\/td><td>$0<\/td><\/tr><tr><td>Ages available\u00a0<\/td><td>No minimum age<\/td><td>Ages 8 to 18<\/td><td>Ages 6 to 17<\/td><\/tr><tr><td>Ability to set spending limits and ATM limits for kids<\/td><td>Yes<\/td><td>Yes<\/td><td>Yes<\/td><\/tr><tr><td>Ability to send your kids money through an app<\/td><td>Yes<\/td><td>Yes<\/td><td>Yes<\/td><\/tr><tr><td>Pay allowance through the app<\/td><td>Yes<\/td><td>Yes<\/td><td>Yes<\/td><\/tr><tr><td>Requirements<\/td><td>No requirement for parents<\/td><td>No requirement for parents<\/td><td>Parents are required to have a Chase checking account<\/td><\/tr><tr><td>Kids can invest through the app<\/td><td>Yes<\/td><td>No<\/td><td>No<\/td><\/tr><tr><td>Earn cash back on savings<\/td><td>Yes<\/td><td>No<\/td><td>No<\/td><\/tr><tr><td>Potential to earn cash back on spending<\/td><td>Yes<\/td><td>No<\/td><td>No<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">How to Sign Up for Greenlight<\/h2>\n\n\n\n<p>To sign up for a Greenlight account for your family, you\u2019ll need to enter your phone number and be willing to download and use the mobile app yourself. <strong>Information you need to get started includes:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Your email address<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Your mobile phone number<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Your child\u2019s\/children\u2019s name(s)<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Your legal first and last name<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Your physical address<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Your date of birth<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Your Social Security number (SSN)<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A valid debit card or bank account<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-gfc-custom-blocks-gfc-get-started-link-block gfc-get-started-link-blockwrap gfc-blockwrap container get-started-link-wrapper undefined wide\"><div class=\"row\"><div class=\"col-md-12 d-flex align-items-center justify-content-undefined\"><div class=\"get-started-link-wrapper\"><a class=\"get-started-link\" target=\"_blank\" rel=\"noopener noreferrer\"><a href=\"https:\/\/www.goodfinancialcents.com\/greenlight\" target=\"_blank\" rel=\"noreferrer noopener sponsored nofollow\">Sign Up For Greenlight Here<\/a><\/a><\/div><\/div><\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Whom Is Greenlight Best For?<\/h2>\n\n\n\n<p>I really like Greenlight despite its limitations. Before parents sign up, however, they need to read over all the fine print and purchase and withdrawal rules so they know what they\u2019re dealing with. <\/p>\n\n\n\n<p>I also recommend playing around with the app and learning how it works so kids aren\u2019t left in a situation where they can\u2019t access their money when they need it.<\/p>\n\n\n\n<p>With all this being said, Greenlight is best for:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Parents who want to oversee their kid\u2019s chores, allowances, purchases, and savings in one place.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Families who want their kids to have their own debit card for safety reasons.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Parents who want a way to teach their kids how to manage their money early in life.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Families who want to get their kids into investing early in life.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Anyone who wants to be able to send their kids or teens money instantly through a mobile app.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Parents who want to be notified each time their kid makes a purchase.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">The Bottom Line \u2013 Greenlight Debit Card Review<\/h2>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n\n<iframe loading=\"lazy\" title=\"Greenlight Card REVIEW UPDATE - Teaching Kids Finance\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/KqcPpBfBFoM?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n\n<\/div><\/figure>\n\n\n\n<p>Overall, Greenlight has a pretty intriguing value proposition. The program costs as little as $5 per month, and you get access to a ton of valuable tracking and goal-setting tools as well as debit cards for up to five kids. <\/p>\n\n\n\n<p>If you want to pay a little more, you can also ensure your kid is earning cash back on their purchases. This app even makes it possible for your kid to learn about investing through fractional shares with your oversight, which is pretty cool if you ask me.<\/p>\n\n\n\n<p>Still, there are other debit cards for teens out there if you take a look, and some of them don\u2019t require a monthly fee at all. You should definitely compare all your options before you sign up. That way, you can find the best banking option for your kids and teens for a price you can afford.<\/p>\n\n\n\n<div class=\"wp-block-gfc-custom-blocks-gfc-button-link-block gfc-button-link-blockwrap gfc-blockwrap container undefined wide\"><div class=\"row\"><div class=\"col-md-12\" style=\"text-align:center\"><a href=\"https:\/\/www.goodfinancialcents.com\/greenlight\" class=\"btn btn-primary buton-link-button\" target=\"_blank\" rel=\"noopener sponsored nofollow\" data-wpel-link=\"internal\">Learn More About Greenlight Here<\/a><\/div><\/div><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>How We Review Banking or Financial Institutions:\u00a0<\/strong><\/p>\n\n\n\n<p>Good Financial Cents undertakes a comprehensive review of banking and financial institutions, analyzing service offerings, customer satisfaction, and financial stability. <\/p>\n\n\n\n<p>Our intention is to provide readers with a balanced overview, aiding them in their financial journey. We consistently emphasize editorial transparency.<\/p>\n\n\n\n<p>We source data from these institutions, reviewing account offerings and other key services. This data, when combined with our in-depth research, forms the foundation of our evaluation. Institutions are subsequently rated on a range of criteria, resulting in a star rating from one to five.<\/p>\n\n\n\n<p>For further insight into the criteria we use to rate banking and financial institutions and our evaluation approach, please refer to our <a href=\"https:\/\/www.goodfinancialcents.com\/gfc-editorial-process\/\" data-wpel-link=\"internal\" rel=\"noopener\">editorial guidelines<\/a> and full <a href=\"https:\/\/www.goodfinancialcents.com\/disclaimer\/\" data-wpel-link=\"internal\" rel=\"noopener\">disclaimer<\/a>.\u00a0<\/p>\n\n\n\n<p><\/p>\n\n\n\n\t\n\t\n\t\t.wp-review-42944.review-wrapper { font-family: &#8216;Josefin Sans&#8217;, sans-serif; }\n\t\n\n<div id=\"review\" class=\"review-wrapper wp-review-42944 wp-review-star-type wp-review-edge-template delay-animation\">\n\t\t\t<div class=\"review-heading\">\n\t\t\t<h5 class=\"review-title\">\n\t\t\t\tGreenlight Debit Card Review\n\t\t\t\t\t\t\t<\/h5>\n\t\t<\/div>\n\t\n\t<div class=\"reviewed-item\">\n\n\t<div class=\"reviewed-item-image\"><img loading=\"lazy\" width=\"300\" height=\"89\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"attachment-medium size-medium lazyload\" alt=\"\" data-src=\"https:\/\/www.goodfinancialcents.com\/wp-content\/uploads\/2021\/11\/Greenlight_Logo_RGB_Teal-300x89.jpg\"><\/div><div class=\"reviewed-item-data\"><p><strong class=\"reviewed-item-data-label\">Product Name:<\/strong> Greenlight<\/p><p><strong class=\"reviewed-item-data-label\">Product Description:<\/strong> The Greenlight Debit Card is a prepaid debit card designed for teens, providing an easy and secure way for them to manage their own spending. <\/p><ul class=\"review-links\" style=\"padding-left: 0;padding-right: 0\"><li><a href=\"https:\/\/greenlight.com\/\" class=\"reviewed-item-link\" rel=\"nofollow noopener external noreferrer\" data-wpel-link=\"external\">[ Learn More Here ]<\/a><\/li><\/ul><\/div><\/div>\n\n\t<div class=\"review-desc\">\n\t<p class=\"review-summary-title\"><strong>Summary of Greenlight<\/strong><\/p>\n\t<p>Greenlight provides parents with peace of mind knowing that their teen\u2019s purchases are supervised, allowing them to set budgets or limits on spending, keep track of purchases in real-time, and receive purchase notifications right away so they can have conversations about responsible budgeting. The debit card also comes with helpful features such as rewards and goal-setting tools that encourage teens to save money.<\/p>\n<\/div>\n\n\t<ul class=\"review-list\">\n\t\t\t<li>\n\t\t\t<span>Cost and Fees<\/span>\n\t\t\t<div class=\"review-star\">\n\t<div class=\"review-result-wrapper\" style=\"color: #f1e3cd\">\n\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\n\t\t<div class=\"review-result\" style=\"width:0%;color:#8cc739\">\n\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t<\/div><!-- .review-result -->\n\n\t<\/div><!-- .review-result-wrapper -->\n\t\n<\/div><!-- .review-star -->\n\t\t<\/li>\n\t\t\t<li>\n\t\t\t<span>Customer Service<\/span>\n\t\t\t<div class=\"review-star\">\n\t<div class=\"review-result-wrapper\" style=\"color: #f1e3cd\">\n\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\n\t\t<div class=\"review-result\" style=\"width:0%;color:#8cc739\">\n\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t<\/div><!-- .review-result -->\n\n\t<\/div><!-- .review-result-wrapper -->\n\t\n<\/div><!-- .review-star -->\n\t\t<\/li>\n\t\t\t<li>\n\t\t\t<span>User Experience<\/span>\n\t\t\t<div class=\"review-star\">\n\t<div class=\"review-result-wrapper\" style=\"color: #f1e3cd\">\n\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\n\t\t<div class=\"review-result\" style=\"width:0%;color:#8cc739\">\n\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t<\/div><!-- .review-result -->\n\n\t<\/div><!-- .review-result-wrapper -->\n\t\n<\/div><!-- .review-star -->\n\t\t<\/li>\n\t\t\t<li>\n\t\t\t<span>Product Offerings<\/span>\n\t\t\t<div class=\"review-star\">\n\t<div class=\"review-result-wrapper\" style=\"color: #f1e3cd\">\n\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\n\t\t<div class=\"review-result\" style=\"width:0%;color:#8cc739\">\n\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t<\/div><!-- .review-result -->\n\n\t<\/div><!-- .review-result-wrapper -->\n\t\n<\/div><!-- .review-star -->\n\t\t<\/li>\n\t<\/ul><!-- End .review-list -->\n\n\t\t\t<div class=\"review-total-wrapper\">\n\t\t\t<div class=\"review-total-box\">\n\t\t\t\t<h5>Overall<\/h5>\n\t\t\t\t<div>3.6<\/div>\n\t\t\t<\/div>\n\t\t\t<div class=\"review-star review-total\">\n\t<div class=\"review-result-wrapper\" style=\"color: #f1e3cd\">\n\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\n\t\t<div class=\"review-result\" style=\"width:72%;color:#8cc739\">\n\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t\t\t\t<i class=\"fa fa-star\"><\/i>\n\t\t\t\t\t\t\t<\/div><!-- .review-result -->\n\n\t<\/div><!-- .review-result-wrapper -->\n\t\n<\/div><!-- .review-star -->\n\t\t<\/div>\n\t\n\t\n\t\n\t\t\t<div class=\"review-pros-cons wpr-flex wpr-flex-wrap\">\n\t<div class=\"review-pros wpr-col-1-2 pr-10\">\n\t\t<p class=\"mb-5\"><strong>Pros<\/strong><\/p>\n\t\t<ul>\n<li>Allows real-time monitoring of spending and budgeting<\/li>\n<li>Institutes good money habits from a young age<\/li>\n<li>Customizable allowances and restrictions, including purchase limits and blocking of certain stores\/sites<\/li>\n<li>Instant notifications when purchases are made<\/li>\n<\/ul>\n\t<\/div>\n\n\t<div class=\"review-cons wpr-col-1-2 pl-10\">\n\t\t<p class=\"mb-5\"><strong>Cons<\/strong><\/p>\n\t\t<ul>\n<li>Costly monthly subscription fees<\/li>\n<li>Limited debit card funding options (no cash deposits)<\/li>\n<li>Potential problems with blocked sites\/stores due to false positives<\/li>\n<\/ul>\n\t<\/div>\n<\/div><!-- End .review-pros-cons -->\n\t\n\t\n\t<\/div>\n\n\n\t.wp-review-42944.review-wrapper {\n\t\tbox-shadow: 0 0 20px rgba(0, 0, 0, 0.1);\n\t\twidth: 98%;\n\t\tfloat: left;\n\t\tborder: none;\n\t\tbackground: #ffffff;\n\t\tmargin: 0 1% 30px;\n\t}\n\t.wp-review-42944.review-wrapper .review-desc {\n\t\tclear: both;\n\t\tpadding: 25px 30px 25px 30px;\n\t\tline-height: 26px;\n\t}\n\t.wp-review-42944.review-wrapper .review-desc .review-summary-title {\n\t\ttext-transform: uppercase;\n\t}\n\t.wp-review-42944.review-wrapper,\n\t.wp-review-42944 .review-title,\n\t.wp-review-42944 .review-desc p,\n\t.wp-review-42944 .reviewed-item p  {\n\t\tcolor: #6a788a;\n\t}\n\t.wp-review-42944 .review-links a {\n\t\tbackground: #8cc739;\n\t\tpadding: 10px 20px 8px 20px;\n\t\tbox-shadow: none;\n\t\tborder: none;\n\t\tcolor: #fff;\n\t\tborder-radius: 50px;\n\t\tcursor: pointer;\n\t\ttransition: all 0.25s linear;\n\t}\n\t.wp-review-42944 .review-links a:hover {\n\t\tbackground: #1f3457;\n\t\tcolor: #fff;\n\t\tbox-shadow: none;\n\t}\n\t.wp-review-42944 .review-list li {\n\t\tpadding: 20px 30px;\n\t}\n\t.wp-review-42944 .review-list li:last-child {\n\t\tborder-bottom: 0;\n\t}\n\t.wp-review-42944.wp-review-circle-type .review-list li {\n\t\tpadding: 19px 30px;\n\t}\n\t.wp-review-42944.wp-review-circle-type .review-list .review-circle .review-result-wrapper { height: 32px; }\n\t.wp-review-42944.wp-review-circle-type .review-list .wp-review-user-rating .review-circle .review-result-wrapper {\n\t    height: 50px;\n\t}\n\t.wp-review-42944.wp-review-circle-type .wpr-user-features-rating .review-list li {\n\t    padding: 10px 30px;\n\t}\n\t.wp-review-42944.wp-review-point-type .review-list li,\n\t.wp-review-42944.wp-review-percentage-type .review-list li {\n\t\tpadding: 24px 30px;\n\t}\n\t.wp-review-42944.wp-review-point-type .review-list li &gt; span,\n\t.wp-review-42944.wp-review-percentage-type .review-list li &gt; span {\n\t\tdisplay: inline-block;\n\t\tposition: absolute;\n\t\tz-index: 1;\n\t\ttop: 32px;\n\t\tleft: 45px;\n\t\tcolor: #ffffff;\n\t\tfont-size: 14px;\n\t\tline-height: 1;\n\t\ttext-shadow: 0 1px 1px rgba(0, 0, 0, 0.3);\n\t    -webkit-touch-callout: none;\n        -webkit-user-select: none;\n        -khtml-user-select: none;\n        -moz-user-select: none;\n        -ms-user-select: none;\n        user-select: none;\n\t}\n\t.wp-review-42944.wp-review-point-type .wpr-user-features-rating .review-list li &gt; span,\n\t.wp-review-42944.wp-review-percentage-type .wpr-user-features-rating .review-list li &gt; span {\n\t    color: inherit;\n\t    text-shadow: none;\n\t}\n\t.wp-review-42944.wp-review-point-type .wpr-user-features-rating .review-list li .wp-review-input-set + span,\n\t.wp-review-42944.wp-review-percentage-type .wpr-user-features-rating .review-list li .wp-review-input-set + span,\n\t.wp-review-42944.wp-review-point-type .wpr-user-features-rating .review-list li .wp-review-user-rating:hover + span,\n\t.wp-review-42944.wp-review-percentage-type .wpr-user-features-rating .review-list li .wp-review-user-rating:hover + span {\n\t    color: #fff;\n\t}\n\t.wp-review-42944 .review-list li:nth-child(even) {\n\t\tbackground: #edf2f9;\n\t}\n\t.wp-review-42944 .review-links {\n\t\tpadding: 30px 30px 20px 30px;\n\t}\n\t.wp-review-42944.review-wrapper .review-result-wrapper i {\n\t\tfont-size: 18px;\n\t}\n\t#review.wp-review-42944.review-wrapper .review-pros-cons {\n\t\tclear: both;\n\t\tpadding: 0;\n\t\tborder-top: 1px solid #edf2f9;\n\t}\n\t#review.wp-review-42944.review-wrapper .review-pros-cons .review-pros,\n\t#review.wp-review-42944.review-wrapper .review-pros-cons .review-cons {\n\t\twidth: 100%;\n\t\tflex: none;\n\t\tpadding: 0;\n\t}\n\t#review.wp-review-42944.review-wrapper .review-pros-cons .review-pros {\n\t\tbackground: #1f3457;\n\t\tpadding: 30px 30px 10px 30px;\n\t\tcolor: #fff;\n\t\tbox-sizing: border-box;\n\t}\n\t#review.wp-review-42944.review-wrapper .review-pros-cons .review-cons {\n\t\tbackground: #8cc739;\n\t\tpadding: 30px 30px 10px 30px;\n\t\tcolor: #fff;\n\t\tbox-sizing: border-box;\n\t}\n\t.wp-review-42944.review-wrapper .mb-5 {\n\t\ttext-transform: uppercase;\n\t}\n\t.wp-review-42944.review-wrapper .mb-5 + p {\n\t\tline-height: 26px;\n\t}\n\t.wp-review-42944 .user-review-area {\n\t\tpadding: 15px 30px;\n\t\tborder-top: 1px solid;\n\t}\n\t.wp-review-42944 .wp-review-user-rating .review-result-wrapper .review-result {\n        letter-spacing: -2.35px;   \n\t}\n\t.wp-review-42944.review-wrapper .review-title {\n\t\tletter-spacing: 1px;\n\t\tfont-weight: 700;\n\t\tpadding: 15px 30px;\n\t\tbackground: transparent;\n\t}\n\t.wp-review-42944.review-wrapper .review-total-wrapper {\n\t\twidth: 40%;\n\t\tmargin: 0;\n\t\tpadding: 35px 0;\n\t\tcolor: #fff;\n\t\tbackground: #ffffff;\n\t\tborder-left: 1px solid;\n\t\ttext-align: center;\n\t\tfloat: right;\n\t\tclear: none;\n\t\tborder-top: 1px solid;\n\t}\n\t.wp-review-42944.review-wrapper .review-list {\n\t\tclear: none;\n\t\twidth: 60%;\n\t\tfloat: left;\n\t\tborder-top: 1px solid;\n\t}\n\t\t.wp-review-42944.review-wrapper .wpr-user-features-rating,\n\t.wp-review-42944.review-wrapper .wpr-user-features-rating .review-list {\n\t\twidth: 100%;\n\t\tclear: both;\n\t\tborder-top: 1px solid #edf2f9;\n\t}\n\t.wp-review-42944.review-wrapper.wp-review-circle-type .review-total-wrapper {\n\t\tpadding: 20px 0;\n\t}\n\t.wp-review-42944.review-wrapper.wp-review-circle-type .review-total-wrapper .review-circle.review-total {\n\t\tmargin: auto 0;\n\t\tpadding-top: 10px;\n\t\twidth: auto;\n\t\theight: 100%;\n\t\tclear: both;\n\t}\n\t.wp-review-42944.review-wrapper.wp-review-circle-type .user-review-area {\n\t\tpadding: 12px 30px;\n\t}\n\t.wp-review-42944.review-wrapper.wp-review-thumbs-type .review-list {\n\t\twidth: 100%;\n\t}\n\t.wp-review-42944.review-wrapper .review-result-wrapper {\n\t\tborder-radius: 25px;\n\t}\n\t.wp-review-42944.review-wrapper .review-percentage .review-result-wrapper,\n\t.wp-review-42944.review-wrapper .review-percentage .review-result,\n\t.wp-review-42944.review-wrapper .review-point .review-result-wrapper,\n\t.wp-review-42944.review-wrapper .review-point .review-result {\n\t\theight: 26px;\n\t\tmargin-bottom: 0;\n\t\tbackground: #f1e3cd;\n\t\tborder-radius: 25px;\n\t}\n\t.wp-review-42944.review-wrapper li .review-point .review-result {\n\t\tbackground: #8cc739;\n\t}\n\t.wp-review-42944.review-wrapper li:nth-of-type(2n) .review-point .review-result {\n\t\tbackground: #1f3457;\n\t}\n\t.wp-review-42944 .review-total-wrapper .review-point.review-total,\n\t.wp-review-42944 .review-total-wrapper .review-percentage.review-total {\n\t\twidth: 70%;\n\t\tdisplay: inline-block;\n\t\tmargin: 20px auto 0 auto;\n\t}\n\t.wp-review-42944.review-wrapper .review-total-wrapper .review-total-box {\n\t\tfloat: left;\n\t\ttext-align: center;\n\t\tpadding: 0;\n\t\tcolor: #6a788a;\n\t\tline-height: 1.5;\n\t}\n\t.wp-review-42944.review-wrapper .review-total-wrapper .review-total-box h5 {\n\t\tmargin-top: 10px;\n\t\tcolor: inherit;\n\t}\n\t.wp-review-42944.review-wrapper.wp-review-point-type .review-total-wrapper .review-total-box,\n\t.wp-review-42944.review-wrapper.wp-review-percentage-type .review-total-wrapper .review-total-box {\n\t\twidth: 100%;\n\t}\n\t.wp-review-42944.review-wrapper .review-star.review-total {\n\t\tcolor: #fff;\n\t\tmargin-top: 10px;\n\t}\n\t.wp-review-42944.review-wrapper .user-review-title {\n\t\tpadding: 15px 30px 10px;\n\t\tmargin: 0;\n\t\tcolor: inherit;\n\t\tbackground: #edf2f9;\n\t\tborder-top: 1px solid;\n\t\tborder-bottom: 1px solid;\n\t}\n\t.wp-review-42944.review-wrapper .user-total-wrapper .user-review-title {\n\t\tdisplay: inline-block;\n\t\tcolor: #6a788a;\n\t\ttext-transform: uppercase;\n\t\tletter-spacing: 1px;\n\t\tpadding: 0;\n\t\tborder: 0;\n\t\tbackground: transparent;\n\t\tmargin-top: 3px;\n\t}\n\t#review.wp-review-42944.review-wrapper.wp-review-circle-type .user-total-wrapper h5.user-review-title {\n\t\tmargin-top: 12px;\n\t}\n\t#review.wp-review-42944.review-wrapper.wp-review-circle-type .user-total-wrapper span.user-review-title {\n\t\tmargin-top: 8px;\n\t}\n\t.wp-review-42944.review-wrapper .reviewed-item {\n\t\tpadding: 30px;\n\t}\n\t.wp-review-42944.review-wrapper.wp-review-circle-type .review-total-wrapper &gt; .review-total-box {\n\t\tdisplay: block;\n\t}\n\t.wp-review-42944.review-wrapper.wp-review-circle-type .review-total-wrapper &gt; .review-total-box &gt; div { display: none; }\n\t#review.wp-review-42944.review-wrapper .user-review-area .review-percentage,\n\t#review.wp-review-42944.review-wrapper .user-review-area .review-point {\n\t\twidth: 20%;\n\t\tfloat: right;\n\t\tmargin-bottom: 5px;\n\t}\n\t.wp-review-42944 .review-embed-code { padding: 10px 30px; }\n\t.wp-review-42944.review-wrapper,\n\t.wp-review-42944 .review-title,\n\t.wp-review-42944 .review-list li,\n\t.wp-review-42944 .review-list li:last-child,\n\t.wp-review-42944.review-wrapper .review-list,\n\t.wp-review-42944 .user-review-area,\n\t.wp-review-42944.review-wrapper .review-total-wrapper,\n\t.wp-review-42944 .reviewed-item,\n\t.wp-review-42944 .review-links,\n\t.wp-review-42944 .wpr-user-features-rating,\n\t.wp-review-42944.review-wrapper .user-review-title {\n\t\tborder-color: #edf2f9;\n\t}\n\t.wp-review-42944 .wpr-rating-accept-btn {\n\t\tbackground: #8cc739;\n\t\tmargin: 10px 30px;\n\t\twidth: -moz-calc(100% &#8211; 60px);\n\t\twidth: -webkit-calc(100% &#8211; 60px);\n\t\twidth: -o-calc(100% &#8211; 60px);\n\t\twidth: calc(100% &#8211; 60px);\n\t\tborder-radius: 50px;\n\t}\n\t@media screen and (max-width:480px) {\n\t\t.wp-review-42944.review-wrapper .review-title,\n\t\t.wp-review-42944.review-wrapper .reviewed-item,\n\t\t.wp-review-42944.review-wrapper .review-list li,\n\t\t.wp-review-42944.review-wrapper .review-desc,\n\t\t.wp-review-42944.review-wrapper .user-review-area,\n\t\t.wp-review-42944.review-wrapper .review-embed-code { padding: 15px; }\n\t\t.wp-review-42944.wp-review-circle-type .review-list li {\n    \t\tpadding: 15px 15px 0px 15px;\n    \t}\n\t\t.wp-review-42944.review-wrapper .review-pros-cons &gt; div &gt; div { padding: 15px; padding-top: 0; }\n\t\t.wp-review-42944.review-wrapper .ui-tabs-nav { padding: 0 15px; }\n\t\t.wp-review-42944.review-wrapper .review-links { padding: 15px 15px 5px; }\n\t\t.wp-review-42944.review-wrapper .review-list,\n\t\t.wp-review-42944.review-wrapper .review-total-wrapper { width: 100%; }\n\t\t.wp-review-42944.review-wrapper .review-total-wrapper { padding: 10px 0; }\n\t\t.wp-review-42944.review-wrapper .review-total-wrapper .review-total-box h5 { margin-top: 0; }\n\t\t.wp-review-42944.review-wrapper .review-total-wrapper .review-total-box div { line-height: 1; }\n\t}\n\n\n{\n    &#8220;@context&#8221;: &#8220;http:\/\/schema.org&#8221;,\n    &#8220;@type&#8221;: &#8220;Review&#8221;,\n    &#8220;itemReviewed&#8221;: {\n        &#8220;@type&#8221;: &#8220;Product&#8221;,\n        &#8220;name&#8221;: &#8220;Greenlight&#8221;,\n        &#8220;description&#8221;: &#8220;The Greenlight Debit Card is a prepaid debit card designed for teens, providing an easy and secure way for them to manage their own spending. &#8220;,\n        &#8220;image&#8221;: &#8220;https:\/\/www.goodfinancialcents.com\/wp-content\/uploads\/2021\/11\/Greenlight_Logo_RGB_Teal-300&#215;89.jpg&#8221;,\n        &#8220;url&#8221;: &#8220;https:\/\/greenlight.com\/&#8221;,\n        &#8220;review&#8221;: {\n            &#8220;@type&#8221;: &#8220;Review&#8221;,\n            &#8220;reviewRating&#8221;: {\n                &#8220;@type&#8221;: &#8220;Rating&#8221;,\n                &#8220;ratingValue&#8221;: 3.6,\n                &#8220;bestRating&#8221;: 5,\n                &#8220;worstRating&#8221;: 0\n            },\n            &#8220;author&#8221;: {\n                &#8220;@type&#8221;: &#8220;Person&#8221;,\n                &#8220;name&#8221;: &#8220;Jeff Rose, CFP\u00ae&#8221;\n            },\n            &#8220;reviewBody&#8221;: &#8220;<p>Greenlight provides parents with peace of mind knowing that their teen&#8217;s purchases are supervised, allowing them to set budgets or limits on spending, keep track of purchases in real-time, and receive purchase notifications right away so they can have conversations about responsible budgeting. The debit card also comes with helpful features such as rewards and goal-setting tools that encourage teens to save money.<\/p>&#8221;\n        }\n    },\n    &#8220;reviewRating&#8221;: {\n        &#8220;@type&#8221;: &#8220;Rating&#8221;,\n        &#8220;ratingValue&#8221;: 3.6,\n        &#8220;bestRating&#8221;: 5,\n        &#8220;worstRating&#8221;: 0\n    },\n    &#8220;author&#8221;: {\n        &#8220;@type&#8221;: &#8220;Person&#8221;,\n        &#8220;name&#8221;: &#8220;Jeff Rose, CFP\u00ae&#8221;\n    },\n    &#8220;reviewBody&#8221;: &#8220;<p>Greenlight provides parents with peace of mind knowing that their teen&#8217;s purchases are supervised, allowing them to set budgets or limits on spending, keep track of purchases in real-time, and receive purchase notifications right away so they can have conversations about responsible budgeting. The debit card also comes with helpful features such as rewards and goal-setting tools that encourage teens to save money.<\/p>&#8221;\n}\n\n\n<p>The post <a rel=\"nofollow noopener\" href=\"https:\/\/www.goodfinancialcents.com\/greenlight-debit-card-review-good-financial-cents\/\" data-wpel-link=\"internal\">Greenlight Debit Card Review | Good Financial Cents<\/a> appeared first on <a rel=\"nofollow noopener\" href=\"https:\/\/www.goodfinancialcents.com\" data-wpel-link=\"internal\">Good Financial Cents\u00ae<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Greenlight Debit Card is a prepaid debit card designed for teens, providing an easy&#8230;<\/p>\n","protected":false},"author":1,"featured_media":237,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"_links":{"self":[{"href":"http:\/\/marshalllodge.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/487"}],"collection":[{"href":"http:\/\/marshalllodge.co.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/marshalllodge.co.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/marshalllodge.co.uk\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/marshalllodge.co.uk\/index.php\/wp-json\/wp\/v2\/comments?post=487"}],"version-history":[{"count":1,"href":"http:\/\/marshalllodge.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/487\/revisions"}],"predecessor-version":[{"id":488,"href":"http:\/\/marshalllodge.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/487\/revisions\/488"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/marshalllodge.co.uk\/index.php\/wp-json\/wp\/v2\/media\/237"}],"wp:attachment":[{"href":"http:\/\/marshalllodge.co.uk\/index.php\/wp-json\/wp\/v2\/media?parent=487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/marshalllodge.co.uk\/index.php\/wp-json\/wp\/v2\/categories?post=487"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/marshalllodge.co.uk\/index.php\/wp-json\/wp\/v2\/tags?post=487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}