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Greenlight

The family finance app for modern families

As of 30 August 2026, Greenlight starts at $5.99/month. Greenlight is a debit card and money app designed for kids and teens, giving parents the tools to teach financial literacy. Softwr lists it under Parenting. Greenlight is made by Greenlight Financial Technology, Inc., launched in 2014, available on iOS, Android.

Overview

What Greenlight does

Greenlight is a debit card and money app designed for kids and teens, giving parents the tools to teach financial literacy. Parents can manage chores, allowances, and set spending controls, while kids learn to save, spend wisely, and invest with real money in a safe environment.

What people use it for

  • Families teaching financial literacy through automated allowance and chore tracking
  • Parents seeking real-time spending notifications and location safety for children
  • Households wanting youth investment accounts with parent-directed stock picks

The honest half

Where it falls short

Concrete and checkable, so you can decide whether any of them matter to you. This is the half of a review a vendor will not write about Greenlight.

  • Family plan capped at five kids maximum; larger families require external solutions
  • Investment advisory through Greenlight Investment Advisors not FDIC-insured; subject to market risk
  • Safety features depend on 'sensory and motion data from cell phone'; requires always-on location tracking
  • Risk-free trial valid for new customers only and requires identity verification and minimum load requirements
  • Specific minimum age requirements not published on website; requires account creation to determine eligibility

Cross-shopped

What people choose instead of Greenlight

Each pairing was judged by two reviewers asking whether a buyer would genuinely weigh the two against each other. The ones that failed were deleted rather than published.

Capabilities

Features

  • Debit cards for kids

  • Store-level spending controls

  • Chores & allowance

  • Automatic allowance

  • Savings goals with interest

  • Investing for kids

  • Real-time notifications

  • Financial education

  • Major banks

    Integration with Major banks

  • Apple Pay

    Integration with Apple Pay

  • Google Pay

    Integration with Google Pay

  • Bank-level encryption

    Bank-level encryption security feature

Answered, with sources

Questions people ask

Each answer names the page it came from, so you can check it rather than take our word for it.

How much does Greenlight cost?

Greenlight plans start at $5.99/month for the whole family, including up to five kids. Multiple tiers exist (Core, Max, Infinity, Family Shield) but complete pricing is not publicly detailed.

Source
Does Greenlight offer a free trial?

Yes. Greenlight offers a 7-day risk-free trial period for new customers. Your first monthly fee is billed 7 days after registration, and you can request a refund if you cancel before the next billing date.

Source
What interest rates do Greenlight tiers offer?

Different Greenlight tiers offer varying savings interest rates ranging from 2% to 6% annually, though complete tier-by-tier pricing is not disclosed on the public website.

Source

Behind it

Who makes Greenlight

Company
Greenlight Financial Technology, Inc.
Based in
Atlanta, GA
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Where to go from Greenlight

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Softwr does not host reviews and shows no star rating for Greenlight, because a rating we did not collect is not ours to publish. What is here is the pricing and platform detail from the vendor’s own pages, limitations we could state concretely, and alternatives a reviewer confirmed people weigh against it. Tell us if any of it is wrong.

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