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Greenlight vs Moomoo

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

 GreenlightMoomoo
 Visit SiteVisit Site
 

Greenlight

Moomoo

SPECIAL OFFER
Greenlight Debit Card for Kids - Learn More

Read Greenlight Review

SPECIAL OFFER
Deposit and Get 15 Free Stocks plus 8.1% APY on uninvested cash - Learn More

Read Moomoo Review

 

Benefits and Features

Savings2% savings reward (3% for Greenlight Max, 5% for Greenlight Infinity) on an average daily savings balance of up to $5,000 per family 
Stock Trading $0 commission on US stocks and ETFs
Options Trading $0 for US Options;
$0.50 per contract for Index Options
Annual Fee
  • Greenlight Core: $5.99/month
  • Greenlight Max: $9.98/month
  • Greenlight Infinity: $14.98/month
  • None
    Minimum Deposit
    $1
    $0
    CheckingDebit card up to 5 kids. Greenlight Max and Infinity plans also earn 1% cashback on purchases 
    Mutual Fund Trading 
    No
    Kids Debit Card
    Check
     
    Banking 
    No
    Mobile App
    iOS & Android
    Yes
    Forex Trading 
    No
    Futures Trading 
    No
     

    CreditDonkey® Reviews

     GreenlightMoomoo
    SavingsStarStarStarStarHalf Star
    Minimum DepositStarStarStarStarStarStarStarStarStarStar
    CheckingStarStarStarHalf StarEmpty Star
    PriceStarStarStarEmpty StarEmpty Star
    Mobile AppStarStarStarStarEmpty StarStarStarStarStarHalf Star
    Customer ServiceStarStarEmpty StarEmpty StarEmpty StarStarStarStarEmpty StarEmpty Star
    Ease of UseStarStarStarStarStarStarStarStarStarEmpty Star
    EducationStarStarStarStarStar
    Stock TradingStarStarStarStarStar
    Options TradingStarStarStarStarStar
    Commissions and FeesStarStarStarStarStar
    ResearchStarStarStarStarEmpty Star
    Pros & ConsPros:
    • Free one-month trial, then start at $4.99/month for whole family
    • Great parental controls
    • Teaches money management for kids
    • Excellent education and savings tools
    Cons:
    • Can't deposit physical cash
    • Difficult to close account
    Pros:
    • Commission-free trading
    • Free paper trading
    • Access to Hong Kong and Chinese investments
    Cons:
    • May be overwhelming for beginners
    • No forex, bonds, mutual funds, or crypto
    Bottom LineSolid financial literacy app and debit card for kids... Read full reviewLow-cost way to trade US, HK, and Chinese assets with advanced research tools... Read full review
     Visit SiteVisit Site

    Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

    Moomoo: Pricing information from published website as of 05/03/2024.

    Greenlight

    All Ages - Banking and Invest in One App

    • Flexible controls, spending notifications, in-app chore list
    • Age: No minimum age
    • Fees: Starts at $4.99/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

    Greenlight Banking and Educational App for Kids

    • Spend, save, invest, and learn all in one app
    • Cashback & up to 5% savings rewards
    • Investing platform just for kids
    • Financial literacy games for the real world
    • Starts from $4.99/mo (1-month free trial)
    Your funds will be held at Community Federal Savings Bank, an FDIC-insured institution.
    Moomoo

    Deposit and Get 15 Free Stocks plus 8.1% APY on uninvested cash

    Enroll Cash sweep to enjoy 5.1% APY base rate plus 3% APY booster for the first 3 months after opening your account

    Make a net deposit of $1,000 or more to receive 15 draws, each for a free stock worth $2 - $2,000 each. Maintain average assets totaling $1,000 or more for 60 days to unlock the free stocks.

    This offer is available to new and existing customers who have not made a deposit nor an ACAT Transfer before May 29, 2024 04:00 ET and who will or are planning to make an ACAT Transfer during the duration of the offer. Terms and conditions apply.

    Expires 9/30/2024
    Moomoo

    Transfer and Get 1.5% Match Bonus

    Get a 1.5% match bonus on your first transfer to your MFI account. The match amount is limited to the first $1 to $20,000 transferred into the account. Eligible assets should be from the following broker-dealers: Robinhood, Webull, TD Ameritrade (including thinkorswim), Interactive Brokers, Fidelity, E*TRADE, Cash App, Charles Schwab, Ally Invest, Firstrade, or Merrill Lynch to qualify for the cash rewards. Cash rewards will depend on the value of eligible assets transferred during the offer period. This offer is available to new and existing customers who have not made a deposit nor an ACAT Transfer before May 29, 2024 04:00 ET and who will or are planning to make an ACAT Transfer during the duration of the offer. Terms and conditions apply.

    Expires 9/30/2024
    Moomoo

    Deposit and Get 5 Free Stocks

    Make a net deposit of $100 or more to receive 5 draws, each for a free stock worth $2 - $2,000 each. Maintain average assets totaling $100 or more for 60 days to unlock the free stocks.

    This offer is available to new and existing customers who have not made a deposit nor an ACAT Transfer before May 29, 2024 04:00 ET and who will or are planning to make an ACAT Transfer during the duration of the offer. Terms and conditions apply.

    Expires 9/30/2024

    Which is Better: Greenlight or Moomoo?

    In short: Greenlight's ease of use is impressive.


    Articles on Greenlight

    Greenlight

    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 Alternatives

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

    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 Legit and 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 Moomoo

    Moomoo Review

    Moomoo can help you invest your money in U.S. and international markets. But will it suit the way you like to trade?

    Which Do You Think is Best?





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    CreditDonkey is a credit card comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

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