How Much is a Greenlight Card? Card Fees & Cost 2022

⚡ The Greenlight debit card for kids starts at $4.99 per month and goes up to $9.99 per month, depending on the plan you choose and the features you need for your child. The card has no other hidden fees associated with the card. If you want a custom card, there is a one-time fee of $9.99.

How much does a Greenlight Card cost? What are the card fees? 

Applying for a Greenlight Card is easy and fast. You can get a card in minutes, but you may be wondering, how much does a Greenlight Card cost? And what are the card fees? 

We’ve got all the answers for you right here. In this article, we’ll break down the costs of having a Greenlight Card, as well as the different types of fees associated with it.

Plus, we’ll tell you how to avoid paying any unnecessary fees.

What is a Greenlight Card?

A Greenlight Card is a child’s prepaid debit card that can withdraw cash, transfer money, or make purchases.

It’s similar to a traditional debit card, but it can also be used to reload money onto the card at any time.

Greenlight Cards are accepted at millions of locations worldwide and can be used to withdraw cash from ATMs or make purchases in-store or online.

Funds can also be transferred between Greenlight Cards, making sharing money with family and friends easy. You get real-time notifications every time their kids spend money.

How does Greenlight work?

The Greenlight debit card for kids is exactly that: a debit card made specifically for kids.

You can load the debit card using the Greenlight app as a parent, and your children will have access to funds. You can either make manual transfers or set up weekly automatic transfers.

Parents can also set the conditions for adding money, requiring chores, good grades, or simply providing an allowance. You can also load money onto the card in case of an emergency.

Both parents and children have access to the Greenlight app, but when they log in, they see different information.

As a parent, you can check in on your child’s account and see what’s going on, such as balances and purchases. You can approve each trade if investing is included.

When your children log in, they will be able to see their account balances, set goals, and learn valuable lessons. The idea is that they will learn about financial management using the mobile app’s tools.

The community, federal savings bank, insures Greenlight card spending and savings balances up to a limit of $250,000. Greenlight is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC) and is registered with the Securities and Exchange Commission (SEC).

Although there is no guarantee that you or your children will make poor financial decisions, you will be protected if the Greenlight company fails.

How Much is a Greenlight Card?

Greenlight plans start at $4.99 per month and include up to five kids’ debit cards. Your first month is on Greenlight, and you can cancel at any time. For more information on plan pricing, visit our Plans page.

There is a one-time fee of $9.99 if you want to upgrade to a Custom Card.

If you need your card faster, they offer expedited shipping (2-3 business days) for $24.99. Within 12 hours of signing up, you can request this by ordering a Custom Card or calling customer service at 888-483-2645. No fee to make cash withdrawals with your Card at an ATM, ATM operator fees may apply.

Greenlight Card Spending Limit:

You are allowed to withdraw cash up to $100 from an ATM per day with your Greenlight card. There is also a monthly maximum amount of $500. So, if you need to withdraw more than the daily or monthly maximum, you can do so by visiting a bank or other financial institution.

What fees are associated with Greenlight?

Fee per month:

Your first month is on us at Greenlight, and after that, plans start at just $4.99 per month for your entire family (including cards for up to 5 kids). This includes all banking fees and costs and all of Greenlight’s core features, such as automated allowance, chore management, Savings Goals, real-time purchase notifications, and so on.

Your monthly fee will be $7.98/month if you upgrade to our “Greenlight + Invest” or “Greenlight Max” plans, respectively. These plans come with everything in the standard Greenlight plan, plus our Invest feature and more! You can learn more about our various plans here and upgrade directly from the app.

When you sign up, your monthly fee is charged on the same day each month.

Personalized Card:

While all of our plans include a non-customized debit card, you can upgrade to a Custom Card with an image of your choice for $9.99. To learn how to order a Custom Card right now, click here.

Card replacement:

Because we understand that things happen in life, Greenlight provides one free replacement card per child, and replacement cards are only $3.50 each after that.

Shipping in a hurry:

All-new, custom, and replacement cards will receive free expedited 2-3 business day shipping for a limited time. All card orders will receive free shipping through December 24th, 21.

How do I sign up for Greenlight card?

Follow these simple steps to get started if you’re a parent, guardian, or the Primary Accountholder who will fund your children’s Greenlight cards:

As a parent or guardian, you must register. This includes the following:

Adding your children to the mix:

You can have up to five children on your account, and each child you add will receive their own Greenlight debit card automatically. After completing your registration, you can upgrade any of your children to a Custom Card.

Authenticating your identity:

We do not run a credit check on you, but we are required by law to verify your information (name, address, DOB, SSN) to protect your account, funds, and children’s cards. Learn more about the US Patriot Act and why we ask for this information here.

Creating a Wallet for Your Parents:

The Parent’s Wallet is a virtual wallet that can be loaded with funds from your debit card or bank account. We only ask that you load funds to complete registration because it helps us offset fees and verifies your debit card or bank account.

You own the money you load, and once you’ve signed up, you can send money to your child whenever, wherever, and for whatever reason you want. After your first month, funds in your Parent’s Wallet can be used to cover your monthly Greenlight subscription fee.

Your children’s cards will be created automatically after you sign up, and they will arrive in 7-10 business days. Meanwhile, log into your app to assist your children in creating their profiles, verify your bank account, and begin reaping the benefits of Greenlight!

Advantages of Greenlight Card

Security features include:

Greenlight’s parental approval requirement for investments, as well as ongoing monitoring and other security features, can provide reassurance. Your child can make mistakes and learn from them, but you can help them make better decisions.

Educational resources include:

Greenlight’s tools could make it easier to teach kids how to set financial goals and keep track of their money. The investing tools are also beneficial in making it simple for children to learn about investing and its advantages.

Instills financial responsibility in children:

Kids can learn valuable lessons from this app because it includes financial management tools. The Greenlight debit card for kids helps them learn how to manage their money responsibly by preventing them from spending more than they have.

Family money management made simple:

It’s simple for the whole family to manage their money and learn together with the Greenlight card. Parents can send money to their child’s card quickly and easily, set up automatic weekly transfers, and track spending in real-time. The opportunity to discuss finances and review decisions is then provided, allowing children to have a better learning experience.

Could be improved:

Fee per month:

Greenlight is available for a monthly fee. Depending on where you live and which bank you use, you may be able to open a joint account with your children and receive free prepaid debit cards for kids, allowing you to deposit money quickly and easily without paying a monthly fee. There are also investing apps that don’t charge monthly fees and allow kids to have their accounts.

Parents Pay Interest:

If you want your kids to earn a yield, the Greenlight card requires parent-paid interest instead of a yield. Other banks charge a fixed interest rate, even if it is a small amount. Instead, you must pay the interest for your children with the Greenlight card, which can be inconvenient.

Does Greenlight work with Apple Pay and Google Pay?

Yes! The Greenlight card is compatible with all three and is very simple to set up, making checkout much easier. As soon as you add your Greenlight card to your smartphone’s Wallet, you can start using Apple Pay, Google Pay, and Samsung Pay.


Overall, the Greenlight card offers many advantages for parents and children regarding family money management.

With its parental approval requirement, checking account, security features, Instant money transfers to bank accounts, parent account direct deposit, and educational resources, the Greenlight card can help kids responsibly learn about finances.

The monthly fee may be a downside for some people, but other options are available that don’t charge a monthly fee.

The Greenlight card is a good choice for parents who want their kids to learn about investing and responsible spending.

We hope this content was helpful. Feel free to leave any questions in the comments section below, and we’ll get back to you as soon as we can. Thanks for reading!

James Allen is a Certified Financial Education Instructor (CFEI), financial advisor, and Certified Public Accountant (CPA).

He created BillPin to give people the financial tools they need to make more informed financial decisions.

After listening to his mother tell stories about her frugal upbringing and his own experiences working as a financial advisor for almost two decades, James is on a mission to help people change their relationship with money.

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