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FamZoo vs. Greenlight: Which is worth the monthly fee?

Greenlight gives parents more control, but FamZoo lets you load cash to your account.

Updated Dec 6, 2021.

Fact checked

FamZoo and Greenlight both allow kids to earn money through chores and receive an allowance. Parents also get flexible controls to manage kids spending. Greenlight‘s basic planning comes in at $4.99 for five cards and FamZoo‘s at $5.99 for unlimited cards with the first four cards free. However, the biggest difference between the two platforms is that Greenlight comes with extra features for an extra cost. And unlike FamZoo that offers no card restrictions, Greenlight parents have more control, including limiting ATM cash withdrawals and designating where your kids can shop.

‎	Go to site Terms apply, see rates & fees	Go to site Terms apply, see rates & fees
Name and star rating	FamZoo Finder Rating: 3.6 / 5: ★★★★★	Greenlight Finder Rating: 4.6 / 5: ★★★★★
Annual or monthly fee	$5.99 per month	$4.99 per month
Special offer	Try FamZoo for one month free	For each successful referral you or your kid make, you’ll earn a cash bonus and so will your referral.
Card purchase fee	$0	$0
ATM withdrawal	$0	$0
ATM out of network fee	$0	$0
Foreign ATM withdrawal fee	$0	$0
	Go to site	Go to site

Our Verdict

FamZoo and Greenlight have distinct features that help kids develop good money habits, landing them a spot on our best debit cards for kids list. But Greenlight edges out the competition with its aesthetically pleasing platform and strong parental controls. Plus you can upgrade to Greenlight Max for $9.98 a month to let your kids become little investors, though parents can invest in a handful of ETFs with the Greenlight Core plan. While FamZoo is unique because it allows you to deposit cash to your account at participating retailers, it’ll cost you about $4.95 per transaction.

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Kimberly Ellis

Kimberly Ellis is a personal finance writer at Finder. She hails from New York City with a BA from Queens College and a New York State teaching certificate. After teaching in both public and private schools, Kimberly decided to take the world by storm and dive into the media industry — where she covers everything from home loans and investing to K–12 education and shopping. She’s also an aspiring polyglot, always in a book and forever on the hunt for the perfect classic red lipstick.

GoHenry vs. Greenlight: Which is best for your family? Greenlight vs. Current: Which is better for your teen?

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