Greenlight vs Fifth Third Bank

Greenlight is a solid financial literacy app and debit card for kids. How does it compare to Fifth Third Bank? Read our comparison chart below.

Greenlight is a comprehensive banking app for kids of all ages. It includes a debit card, savings with APY, allowance for chores, financial literacy games, and even investing for kids. Plans range from $5.99 - $14.98 per month for up to 5 kids.

While Fifth Third Bank has 1,300 branches across the Midwest and Southwest. Basic checking account requires $1,500 minimum balance to avoid fees. Promotional CD offers a high APY for terms up to 27 months with a $5,000 minimum opening deposit.

Compare Greenlight with Fifth Third Bank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

		Fifth Third BankAcorns Early (formerly GoHenry)FamZooStepChaseBank of AmericaUS BankBMO Member FDIC
	Visit Site	Learn More
	Greenlight	Fifth Third Bank
	SPECIAL OFFER Greenlight Debit Card for Kids - Learn More Read Greenlight Review	SPECIAL OFFER Fifth Third Business Checking Account™ - Learn More Read Fifth Third Bank Review
	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	0.01% APY
CD		0.01% APY. Terms ranging from 7 days to 84 months, minimum deposit of $500. Featured CD: 2.26% to 4.41% APY. Terms are 3, 7, 13, 24, and 60 months, minimum deposit of $5,000.
Checking	Debit card up to 5 kids. Greenlight Max and Infinity plans also earn 1% cashback on purchases	Fifth Third Momentum® Checking: No monthly service charge Fifth Third Preferred Checking®: Interest-bearing checking account Fifth Third Student Banking: Personal checking account for students age 13 and up.
Kids Debit Card
Money Market		0.01% APY Standard Rate (0.01% Relationship Rate)
Mobile App	iOS & Android
ATMs	Any ATM with a Mastercard, Visa Interlink or Maestro name or logo. But the ATM owner may charge a withdrawal fee.	2,100+ Fifth Third ATMs plus 40,000+ fee-free ATMs nationwide
	CreditDonkey® Reviews
Savings
Minimum Deposit
Checking
Price
Mobile App
Customer Service
Ease of Use
Education
CD
Money Market
Pros & Cons	Pros: Great parental controls Teaches money management for kids Excellent education and savings tools Cons: Can't deposit physical cash Difficult to close account	Pros: Free Express Checking Free student checking Promo CD with high APY Cons: Higher balance requirements Low savings APY Limited branches
Bottom Line	Solid financial literacy app and debit card for kids... Read full review	Midwest & Southwest bank with high balance requirements... Read full review
	Visit Site	Learn More
	Greenlight Debit Card for Kids All Ages - Banking and Invest in One App Greenlight Debit Card for Kids	Fifth Third Business Checking Account™
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Fifth Third Bank: Pricing information from published website as of 12/16/2024 based on 45202 zip code.

Greenlight Debit Card for Kids

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All Ages - Banking and Invest in One App

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• 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.

Your funds will be held at Community Federal Savings Bank, an FDIC-insured institution.

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

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Which is Better: Greenlight or Fifth Third Bank?

In short: Greenlight's savings is noteworthy. Fifth Third Bank's customer service is worth mentioning.

Articles on Greenlight

Greenlight Review

Looking to teach your kids or tweens how banks and debit cards really work? Greenlight may be for you. Learn the pros, cons, fees, and more in this review.

• Greenlight vs Acorns Early (formerly GoHenry)
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Greenlight Alternatives

Check out the top alternatives to Greenlight Debit Card for Kids to help you save money and enjoy similar features as Greenlight.

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How to Delete Your Greenlight Account

Don't want a Greenlight account anymore? Here's how to delete your Greenlight account and get your money back.

How to Transfer Money from Greenlight Card

Want to transfer money from your Greenlight card? Find out how to withdraw your funds and send them back to your bank, step by step.

How to Add Money to Greenlight Card

There are lots of ways to fund your Greenlight account. Find out how to add, transfer, and gift money to your child.

How Much Does Greenlight Cost

Is a Greenlight debit card for kids worth the cost? Learn more about Greenlight's plans, fees, and common complaints.

Is Greenlight Safe

Greenlight offers a financial app and debit card with no hidden fees. But is it safe for kids? Learn more about Greenlight's security features below.

Articles on Fifth Third Bank

Fifth Third Bank Review

Fifth Third Bank has higher balance requirements and high service fees if they're not met. But it offers some unique programs. Read on to see if Fifth Third Bank is a good fit for you.

• Fifth Third Bank vs Chase
• Fifth Third Bank vs Bank of America
• Fifth Third Bank vs US Bank

Which Do You Think is Best?