Greenlight vs Chime
Greenlight is a solid financial literacy app and debit card for kids. How does it compare to Chime? Read our comparison chart below.
Visit Site | Learn More | |
Greenlight | Chime | |
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Greenlight Debit Card for Kids - | Get Started - | |
Benefits and Features | ||
Savings | 2% savings reward (3% for Greenlight Max, 5% for Greenlight Infinity) on an average daily savings balance of up to $5,000 per family | 2.00% Annual Percentage Yield (APY). |
Checking | Debit card up to 5 kids. Greenlight Max and Infinity plans also earn 1% cashback on purchases | No monthly service fee; no minimum balance; no overdraft fees; no foreign transaction fees |
Monthly Fee |
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Kids Debit Card | ||
Minimum Deposit to Open | ||
Mobile App | ||
ATMs | Any ATM with a Mastercard, Visa Interlink or Maestro name or logo. But the ATM owner may charge a withdrawal fee. | Over 60,000 fee-free MoneyPass, Allpoint, and Visa Plus Alliance ATMs |
CreditDonkey® Reviews | ||
Savings | ||
Minimum Deposit | ||
Checking | ||
Price | ||
Mobile App | ||
Customer Service | ||
Ease of Use | ||
Education | ||
Pros & Cons | Pros:
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Bottom Line | Solid financial literacy app and debit card for kids... | |
Visit Site | Learn More | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Chime: Chime is a financial technology company, not a bank. Banking services provided by, and debit card issued by, The Bancorp Bank or Stride Bank, N.A.; Members FDIC. |
All Ages - Banking and Invest in One App
- Flexible controls, spending notifications, in-app chore list
- Age: No minimum age
- Fees: Starts at $5.99/month, per family (up to 5 kids). $9.98/month for Greenlight Max. $14.98 per month for Greenlight Infinity.
Greenlight Debit Card for Kids
- Debit cards for up to 5 kids per family
- No hidden fees - no ATM fees, overdraft fees, foreign transaction fees, or trading fees
- Earn cashback and up to 5% savings rewards
- Customize chores and allowance
- Set spending limits and block unsafe merchants
- Starts from $5.99/mo
Which is Better: Greenlight or Chime?
In short: Chime's checking and mobile app are excellent.