Is Greenlight debit card for kids legit?
Is Greenlight a real debit card
What is Greenlight Greenlight is an app and debit card built for families. Clients can load money onto the card from their own Greenlight app and they can easily manage and see where, when, and how much family members spend, while helping them learn to manage their money.
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How much does Greenlight cost per month
Monthly subscription fees range from $4.99 to $14.98, depending on which features you want access to. Many families who sign up for a Greenlight subscription find value in the included services, like the debit card and an education app for kids that provide parental controls and monitoring of spending.
Can a 12 year old have a Greenlight debit card
With Greenlight, there's no age requirement to get a debit card if your parent or guardian signs up. If you're the parent on the account, you can add your child as an authorized user with their own debit card.
Can my parents see what I buy with Greenlight card
Parents can see all the transactions you make using your Greenlight card. For each transaction, Greenlight logs where you made the purchase and how much you spent.
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What can you not buy with a Greenlight card
However, for privacy and security of our customers, Greenlight cards will not be accepted for the following transactions:Wires or money orders.Security brokers or deals.Dating/escort services.Massage parlors.Lotteries.Online casinos or online gambling.Horse racing and dog racing.Non-sport internet gaming.
Does Greenlight take your money
Greenlight does not charge or collect any money from these fees, and will never charge a fee on top of this. Since most ATMs charge per withdrawal, make sure your child has enough money in their "Any ATM" Spend Control to cover the total withdrawal amount, plus any fees the charge per withdrawal.
What are the disadvantages of Greenlight card
ConsMonthly fee of $4.99 to $14.98.Basic plan offers limited benefits.Doesn't work with money transfer apps like Venmo, Apple Pay or PayPal.No cash deposits.
Are there hidden fees with Greenlight card
While Greenlight has no hidden fees, you may see a small charge for upgrades and replacements: Custom card – $9.99: You can customize a card with a photo of your choice for a one-time fee of $9.99.
Does Greenlight need SSN
Verifying your identity: We don't run a credit check on you, but we are required by law to verify your information (name, address, DOB, SSN) to ensure the safety of your account, your funds, and your kids' cards.
Can I take money from my kids Greenlight
Yes! Your child can use their Greenlight card at any ATM with a Mastercard, Visa Interlink or Maestro name or logo.
How much money can you put on a Greenlight card
Load Limits for Greenlight Prepaid Mastercard
| Load Limits | Amount |
|---|---|
| Maximum Debit Load Amount per Day per Primary Account | $1,500.002 |
| Maximum Debit Load per Month3 per Primary Account | $7,500.00 |
| Maximum ACH Load per Rolling Three Day Period per Primary Account – New Registration4 with Manual Verification5 | $300.002 |
Can you take money out of kids Greenlight
Yes! Your child can use their Greenlight card at any ATM with a Mastercard, Visa Interlink or Maestro name or logo.
What are the disadvantages of Greenlight
ConsMonthly fee of $4.99 to $14.98.Basic plan offers limited benefits.Doesn't work with money transfer apps like Venmo, Apple Pay or PayPal.No cash deposits.
Does Greenlight have hidden fees
While Greenlight has no hidden fees, you may see a small charge for upgrades and replacements: Custom card – $9.99: You can customize a card with a photo of your choice for a one-time fee of $9.99.
Can I use Greenlight at ATM
Yes! Your child can use their Greenlight card at any ATM with a Mastercard, Visa Interlink or Maestro name or logo. The Greenlight card can also be used at any international ATM bearing these logos.
Can I trust Greenlight
If you're wondering whether Greenlight is legit, the answer is yes. The balance on your child's Greenlight debit card is insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000.
Do kids need a cell phone for Greenlight
While kids can log in with their phone number, kids without a phone can log in with a username and password set up in-app by their parent. After the app is downloaded onto your child's device, you'll just need to enable their app access.
Is Greenlight card accepted everywhere
The Greenlight debit card is a secured debit card for kids, tweens and teens. This debit card bears the Mastercard logo and can be used anywhere Mastercard is accepted.
What can you not buy with Greenlight card
However, for privacy and security of our customers, Greenlight cards will not be accepted for the following transactions:Wires or money orders.Security brokers or deals.Dating/escort services.Massage parlors.Lotteries.Online casinos or online gambling.Horse racing and dog racing.Non-sport internet gaming.
Does Greenlight charge per child
Although the Greenlight Max plan costs $9.98 per month, the fee covers up to 5 children per family. If you want an easy way to teach your kids about personal finance, Greenlight helps streamline the process. Free banking apps for kids definitely get the job done for basic money management.