Our verdict
The Greenlight card gives you granular control over your child's money by allowing you to set spending limits on specific stores. Depending on your plan, it comes with cashback rewards, a 1% to 5% annual savings bonus and an investing platform that teaches your kid the power of stocks. We like that it's one of the only kids' debit cards that offers protections for identity theft, cellphone and purchases. But these perks come with an unavoidable monthly fee.Best for: Parents who want control over their kids spending and additional safety protections.
- Store-level spending limits
- Safety protections like SOS alerts and crash detection
- Up to 5% savings bonuses and 1% cashback rewards
- Unavoidable monthly fee
- Doesn't accept direct deposits from PayPal, Apple Cash or Venmo
APY
Up to 5.00%
Fee
From $4.99 per month
Age requirements
Any age
Is it $4.99 per child for the card?
Hi Angela,
Thanks for getting in touch with Finder. I hope all is well with you. 😃
Regarding your question, the answer is no. The $4.99 rate is a flat fee regardless of how many children you have on the account.
I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.
Have a wonderful day!
Cheers,
Joshua