We may be paid by companies we feature. This may influence rankings.

From $5.99/month (up to 5 kids)· #4
Open Account
Greenlight

Greenlight Financial Technology

Greenlight

The family money app with the best parental controls

Greenlight is the most powerful family money app available and the best tool for teaching kids real financial habits. The real-time spending controls, automatic allowance, chores feature, and investing education make it worth the monthly fee for families who take kids' financial education seriously.

✓ Pros

  • Best-in-class parental spending controls — approve or block individual stores
  • Savings Goals feature teaches kids financial goal-setting
  • Invest for kids feature introduces market concepts early

✕ Cons

  • Monthly fee on top of your primary bank account
  • Not a full-service bank — needs to be paired with checking account

Scores

Overall
9.2
Safety
9.6
Value
9
Ease
9.5
Quality
9.3

Specifications

savings A P YUp to 5% on savings goals
monthly Fee$5.99–$14.98
kids Per PlanUp to 5
parental ControlsReal-time, store-level
fdictrue