Greenlight vs Robinhood
Greenlight is a solid financial literacy app and debit card for kids. How does it compare to Robinhood? 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 Robinhood offers $0 stock trades by cutting out physical offices and manual account management. Only basic stock trading can be performed on the mobile app. There is no minimum deposit or maintenance fee, though there is an optional paid premier customer tier starting at $5/month.
Compare Greenlight with Robinhood, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
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Visit Site | Visit Site | |
Greenlight | Robinhood | |
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Greenlight Debit Card for Kids - | Get a Free Stock (worth between $5 and $200) - | |
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 | |
Stock Trading | ||
Options Trading | ||
Annual Fee |
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Minimum Deposit | ||
Checking | Debit card up to 5 kids. Greenlight Max and Infinity plans also earn 1% cashback on purchases | |
Mutual Fund Trading | ||
Kids Debit Card | ![]() | |
Banking | Offers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank | |
Mobile App | ||
Forex Trading | ||
Futures Trading | ||
CreditDonkey® Reviews | ||
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Savings | ![]() ![]() ![]() ![]() ![]() | |
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Education | ![]() ![]() ![]() ![]() ![]() | |
Stock Trading | ![]() ![]() ![]() ![]() ![]() | |
Options Trading | ![]() ![]() ![]() ![]() ![]() | |
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Pros & Cons | Pros:
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Bottom Line | Solid financial literacy app and debit card for kids... | Free way to trade stocks with limited bells and whistles... |
Visit Site | Visit Site | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Robinhood: Pricing information from published websites as of 01/25/2025. |
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
Buy and Sell Cryptocurrency
Robinhood Crypto offers commission-free cryptocurrency investments 24/7. Some of the cryptocurrencies available are Bitcoin, Dogecoin, Ethereum, and Litecoin. This offer is currently available to selected states.
Which is Better: Greenlight or Robinhood?
In short: Robinhood's customer service is noteworthy.