Greenlight Kids & Teen Banking Reviews

Great idea but I do not like paying $60 a year to use this. Took 1 star away for cost and 1 away because I can’t access the money in the parent wallet or transfer it back to my account.

This has been great so far for my 3 boys who make money doing their chores. It’s much better than cash and they are learning how to save for specific things and not just spend money so freely. They feel very proud and excited when using their debit cards! Their ages are 12, 11, and 7! We have an account for my 4 year old daughter just to have a place to save birthday money she has and such. It’s easy on us too. They are more willing to do their chores knowing they will be paid for sure a specific amount each Friday! We had no system before this and kept losing track of how much we owed them or how much they spent on something. The only downfall is the $5 charge monthly. $60 a year and I still have to pay the interest on my children’s savings myself. If I only had 1 child I would not pay $5 a month. I also don’t like that I can’t transfer the parent wallet money back to my bank account. There should be a card like Venmo or PayPal for the parent wallet. If Venmo and PayPal can be free, this should be free as well. As soon as I find a different free version of this elsewhere I will go with that! When I first signed up I wasn’t aware that it was only free for 30 days. I found that out when the cards arrived. I’ve never seen the monthly fee advertised so I felt mislead.

For a younger kid this is ok though one could quibble about the monthly fee. But for older kids, I find this service frustrating especially as my 16 year old started to run errands for me. I quickly found there were unadvertised limits not only on his card, but what I could transfer from my own bank account. These were hard limits that couldn’t even be overcome with a call to customer service. Now, as my son is old enough for his own normal account with no fee, I went to close my GL account today. Again, functionality is lacking. I can’t cancel or close my account online. I have to submit a request via a form. This should be fundamental functionality and feels manipulative that it is not available. I am also unable to remove my bank account as a funding source from the system because it requires at least one. Why? This also feels manipulative to customers. This is a privacy nightmare and I have no idea when my “close/cancel request” is taken care of on their end if my bank account is unlinked or removed or what? The monthly subscription should be separate (with the ability to enter a debit/credit card/use Apple subscription) from my bank account as a funding source for use in the functionality of the system. I can change / get a new card easy, but its much more difficult for me to change my actual bank account. I don’t appreciate it being linked to GreenlightKidsTeenBanking without any control to remove it.

I absolutely LOVE the idea of GreenlightKidsTeenBanking and the card to go with it. We’re super excited to start using it. BUT here are the things that could give it a 5 star rating....
1. Add the ability for 2 parent wallets for the kids cards. With the world today and the divorce rate, there are so many split households so having the ability for each family to have access to the kids cards would be amazing! I even think you could double your profit by charging $5 per parent wallet.
2. Having the ability to require a chore to be completed for the kids to get paid their allowance. I chose to go with GreenlightKidsTeenBanking because of the debit card feature but a friend of mine has a different app where he can assign chores which are “required for allowance”. If those chores are not completed, they don’t get their allowance. He can then also assign chores which are assigned extra money and can be redeemed as well (which I know is also a feature of Greenlight).
3. Last, I think there should be a parent approval process so the kids can be held accountable for what they are saying they completed before the allowance goes out.
Those are the things that would really help our family and I’m sure other families out there. Hopefully these things can be implemented soon so we can use GreenlightKidsTeenBanking to the fullest. Thank you for your consideration!

I have used this card for my three kids for quite a while. For the most part, I like it. There is one area that is NOT true on the write up - as I search for a new card. The write up says “the kid can’t charge if they don’t have the money” - or something like that. NOT true. Just today, the kids account was overdrawn and pulled from the parents account. I don’t care about the $21, the money was there - it’s just teaching the kid it’s ok to spend more than what you have.

I called customer service and they told me that if the spend anywhere is used, it will pull the overdraft from the parents account. If not enough there- it then pulls from the funding account on file. I want my kid to get denied and have to contact me if he needs more money. He needs to learn to budget. This card is not doing this AND the write up is WRONG. Don’t believe it if this is important to you. Customer service said I could set specific limits on different stores for spend anywhere;however, I want him to have the ability to spend his money wherever he wants - but only the amount he has available. Very frustrated and not hacked off that they didn’t keep to what they had stated. Normally I’d give a good star rating. Based on the aspect they don’t do as I thought and just confirmed in their write up, I lowered the rank quite a bit. Hate not being told how things are really handled.

I do not want to draw this review out very long so I will get straight to the point. I do enjoy using GreenlightKidsTeenBanking and setting up each child account so they can spend money using a card but also practice on saving and giving money to local charities that they are familiar with too. The number one thing I DO NOT like is the cost. GreenlightKidsTeenBanking will cost you $60 a year to operate. I do understand it is unique and offer you some flexibility but I can see within a matter of a year another app will come out for free. But at the same time this is not a dealbreaker just know I will not hesitate to go with another business that offer the same thing for free or low cost. Secondly which is fairly a big deal to me is notifications. Yes you do receive notifications on when your child has spent money on something or their card has been declined because of insufficient funds. Once you view the notifications you are UNABLE to view them again. Vanish forever never to be seen again. I wish there was a way to review notifications similar to how you can review their account transaction history. Once again not a dealbreaker but, it seem like this was a no-brainer when it comes to practical uses for an app, especially when dealing with children spending money using a "real" debt card for the 1st time.

My daughter is 11 (received her card at 10) and loves having her own debit card! GreenlightKidsTeenBanking is easy to use and functions well. I love that it reduces the likelihood of her losing cash. I do wish there were a kids version of GreenlightKidsTeenBanking she could have on her phone to keep track of her account balance without allowing the full level of access parents have to the accounts. But my biggest complaint right now is the time it takes for funds to deposit from a funding acct into the parent account. It used to be shorter and now it takes almost a full work week. We have definitely reduced use of the program for this reason as some spending decisions are made in a smaller time frame and there isn’t time to wait for the slow funding process. There have also been times when my child was on a field trip and did not have enough money for something, but I could not add money directly to her account unless it was already in my parents account. Funding it from my bank at that time to my parents account would’ve taken days when I only had minutes. In those situations she had to go without, because I was not present and the process takes too long. Please change this back to the immediate funds access you used to have.

The only way to manage your account is thru this useless app which even the most basic options are a struggle to use. No web portal option. Trying to find the record of funding activities into my kid’s account - can’t find it. It only allows to view history of Spending, Giving or Saving. No options to view when they received money. Trying to setup funding was as painful as can be. I setup two sources, checking and debit card. Every time I try to fund from Checking it gives me an immediate error saying that I maxed my daily limit. But I haven’t transferred any money today?? I still don’t understand what the point is of having gone thru the hassle of linking a checking account if I can only move funds from a debit card. What I also don’t understand is why does tell me that I maxed my Daily amount regardless of the amount entered. In one occasion I moved money into my daughter’s account and when she tried using her card it declined. I never received any notification. I had to call support to find out it’s a safety mechanism for fraud prevention and spend 5-10 minutes answering questions to unlock it. Save yourself time and hassle and give your kid a debit card. Much easier to use and manage with mature fraud prevention mechanisms if they use it as a credit card.

I downloaded this for my grandchildren and great grandchildren, and I think the concept is great but Im not impressed because I began having issues right away with the first two cards I ordered. Of course, its the weekend so no one is around to assist me. The first two cards I received were crossed somehow. I entered the info on the back of the card and it linked the wrong child, then when I tried to put in the next child's info it wouldn’t accept it. The monthly charge was also unexpected since it doesn’t explain it clearly anywhere when openly the accounts. Customer service was kind the one time I reached them but they didn’t fix the issues with the cards that had already been glitching in their system prior to me receiving them. I would look at GreenlightKidsTeenBanking and the childrens names would be switched and then I’d go back in and they would be fixed. I told them I didn’t want any issues with the cards because of this and they assured me it would be okay once we received the cards but it obviously was not. I will continue with this until I find a free service. This is like paying a yearly fee for a credit card the company is already making money from. This is not a good way to start your children off learning about good financial choices.

We’ve been Greenlight customers for about a year. We feel the fee is worth the value and convenience it provides us with 3 kids. My frustration is with GreenlightKidsTeenBanking update. It absolutely looks gorgeous, honestly my compliments to the designers, but I think this is a case where design lost sight of what’s important to customers. Before, I could easily see all information I wanted on the dashboard (the balance of each bucket of money for each kid). I’m now having to click 2 or 3 screens deep to see that information. It took me some effort to even find where the “giving” bucket went which is hidden at the bottom of the kids screen. What frustrates me is the lack of customization. Each kid is different. For example, we use “savings” as college savings (and transfer out to 529s every year, a process that has to involve customer service because transfer OUT is conveniently not a feature that was prioritized to build) and “spend” is our kids money. They have goals they want to save their “spend” money for but you can only set a goal in the “savings” bucket. I feel bad saying it because I can tell they must have spent a lot of time and effort on this redesign, but this update is pushing me away as a customer wondering if I can figure out how to do this on my own again.

My kids love this program and are asking for like 50% interest on their money to help motivate them to save. When I was a kid my Step Dad would match me dollar for dollar on everything I deposited into the bank up until I was old enough to buy my own car at 17. GreenlightKidsTeenBanking can work the same way if you set the interest high and it would be fun for them to watch their money grow faster. Granted it’s not realistic because I don’t even get more than a percent at my local bank but for 8-13 year-olds it’s extremely motivating. I hope I can encourage a saving mindset doing this until they turn 18 and see how it goes from there. Great way to get ready to build credit carefully with credit cards and opening up their their own FIRST cell phone service plan. I am also going to put the babysitter/tutor on one of these cards to get her paid and offer incentives.

I don’t mind bribing my kids with money to get A’s. So it takes my B student a lot of extra work to earn the big bucks A’s come with. This is a great way to reward them and GreenlightKidsTeenBanking makes it so easy. I love Greenlight as much as they do.

The technical glitches with GreenlightKidsTeenBanking outweigh its benefits. The bank information saved to the parent account to fund the kids’ accounts has to be re-entered nearly every time I try to fund the card. I’ve tried to transfer money for a kid out-of-town and been unable to do so because the funding won’t work. The bank info is there - you can see a portion of it, but the “help” response is to delete it and re-enter it. Unless you walk around with your bank account number memorized, this isn’t a fix. The kid is stranded and you’re stuck fussing with the account numbers late at night when you get to where you have them saved. Just save yourself the time and money and give them a debit card tied to your checking account.

As a follow-up - I called the customer service line in the developer’s response and was told someone would call me back with a fix. Also received an email from Tristan asking if he could call me. I said yes, if he could provide a fix for having to re-enter account information every time I want to transfer money, if I have to re-enter each time I would need to cancel. I did. It get a call, but Five minutes later, my kids’ cards were canceled! I guess that speaks to GreenlightKidsTeenBanking ’s abilities and customer service.

I am a teenager who uses greenlight every day. My parents got it two years ago and I have used it ever since. It works well for me as a high schooler who goes out often and it works well for my mom to be able to still manage my money in some way or another. I can’t speak for the parents that use greenlight but I will say there are some things on the kids end that could change especially when it comes to trans kids. I myself am trans and when I went to change my name in GreenlightKidsTeenBanking so people at coffee shops and fast food restaurants would stop calling out my deadname (as that is what comes up when i use my card) I couldn’t find an option to change my name in GreenlightKidsTeenBanking . I also recently had to get a new account and when doing this there were only two options for gender and as a non-binary person I did not feel seen. I completely understand this is not your main concern with GreenlightKidsTeenBanking right now but I can speak for all trans and non-binary youth who use your app when I say we would like to be seen and accounted for. Thank you for your consideration.

We don't do allowance in our house, but we do have jobs the kids (3 teenagers) can do for money. I was really struggling to manage the pay outs, as I always had to have lots of small bills on hand. Then the kids would turn around and give me the cash because they mostly buy things online. It was a total logistical nightmare.

Enter Greenlight. It is the perfect balance between simplicity and features. I got the account setup in a few minutes, cards came a few days later. I have scheduled transfers setup for the kids job pay. I can also add additional money to their cards with three clicks if they do something extra. It's easy to take money away if I need to doc their pay for any reason. Everything in life should be this easy!

I just had to replace a lost card. It took less then 5 minutes on the automated phone system. First lost card is free. So far, everything on GreenlightKidsTeenBanking is fast, easy, and works perfectly. This was a great idea for an app and implemented very, very well. It saves me a ton of headache every week. Thanks Greenlight!!

This is one of the worst kid cards by far, It may look cute and helpful but it isn’t. The way it’s set up it’s supposed to help the kid get ready to use a real debit card but it’s completely parental dictatorship. The kid can’t really do anything, the parents do EVERYTHING. On GreenlightKidsTeenBanking you have little areas where the money can go, shop anywhere, shop at the store, any atm, and so on. It’s supposed to help you (the kid) manage your money. But instead of the parents just depositing money into the account and the kids decide or at least have an opinion to decide where the money go they can’t. The parents do and there’s no way the kid can transfer 5$ from the spend anywhere area tab to the use at the store tab because the child has no control of there own money. You would be more in luck just keeping your child’s money in a piggy bank than this. Unless you want your child consistently requesting money as they can’t put money into it at a atm or them asking you if you can stop putting money in the shop anywhere tab and to put half of it into any atm slot. And you have no problem controlling the whole car for them and getting a notification for every time they buy a 5$ fortnight card than go a head. Do you

Love GreenlightKidsTeenBanking - tell everyone about it and I love all the added features with the new update. We have one request, can you please add the ability to search/sort deposits within each child’s individual section. Currently you can search (each child’s account individually) and sort transactions by date and store however there isn’t a way to do the same for “deposits” (unless I’m overlooking it somewhere). I know we can view funding history for the parents wallet but this requires the user to literally go line by line to view each and without any sorting options to select either by child or date we have to write down and keep tally when needed. I believe most users would find it most helpful if you could add options to search for this information. We’d like to be able to go into an individual child’s “account” and for example also be able to search/view all deposits/money added from parents wallet for a given time period and just for the individual child. I hope I’ve made clear what the is missing and requested. Please let me know if not. Thanks!

In the two weeks my son has been using his Greenlight card for his allowance, I have seen a drastic change in the way he views and appreciates money. I switched all of his video game related expenses over to his Greenlight account. Between me and other family members, he would sometimes ask for $100 in add-ons for games over the course of a week! Now that it’s his own money, he’ll spend it, but not at the rate he was spending mine!

I hesitated doing this for a long time. I didn’t know if he would be responsible with the card, wasn’t sure if he would really understand the purpose, thought it may be a big fight about his new limitations, and didn’t know if I wanted to pay the small monthly fee. But literally none of that has been an issue. I have explained to him with each step of the process how it works and he is stepping up to the responsibility.

I like that I can go in anytime and add or remove the tasks that he gets allowance for. I can also do one time giftings for special tasks or special occasions. We both have GreenlightKidsTeenBanking on our phones, so we can both see how much he earns every day, how much he spends and where the money goes. And I have also set the round-up feature so the change left after purchases automatically moves over to the savings account.

I love this card! If you are considering doing this with your kid, I highly recommend it and recommend it early! It is actually saving me money and teaching him some valuable life lessons.

I rate GreenlightKidsTeenBanking a 5 out of 5 star rating (five out of five star rating) because it is a a great app for kids like me. Greenlight Debit Card for Kids is also good for kids to learn about money. I recommend Greenlight Debit Card for Kids to you guys because it is a the best app for kids to learn about money, pay for things with a Master Card, and more with the Greenlight Debit Card for Kids app. There is only 1 bug (one bug) that I noticed and that is when I try to change my profile picture it does not work. I would be happy if the people who made GreenlightKidsTeenBanking will fix that bug. The parents or guardians and the kid will need the Greenlight Debit Card for Kids app on their devices for this to work. Please keep in mind that if you order your Greenlight Debit Card for Kids it will take a while like mine did. Download Greenlight Debit Card for Kids for free today on the Apple App Store or the Google Play Store. Also I think you can also set up Greenlight Debit Card for Kids on the website.

This company has fraudulently charged my bank every week with unidentifiable charges in 20$. After removing my card from GreenlightKidsTeenBanking . It still charged money from my account and then calling the costumer help line which is in India they were unable to help get my money back. I shut Down The account and got a confirmation number of my deleted account and it still pulled money from my bank. I then had to call and report my card has lost with fraudulent charges they still try to pull out $20 after I canceled my card. After being on the phone with a fraudulent Department of my bank for an hour coming over the charges we found over 220 fraudulent charges that green light had stolen from us. Do yourself a favor don’t even bother. You will get no assistance if you need it you will have no way of getting your money back or even knowing where your money went through this terrible awful horrible money stealing app if I could give it zero stars I would. After sending an email to the company address still hearing nothing back I know they will never fess up to the fraudulent charges thank God my bank was able to get it all back. good luck to you and your fight and getting your money back.

6 months in and our 11 year old and 9 year old are 100% on board. My 11 year had a couple crisp 100 dollar bills he’s been saving for a long time now. He asked me to move 100 into green light. We made a choice to pay 5% interest so our kids can learn.. a couple days later my kid says, “Dad, I want to move my the rest of money into Greenlight because it’s not doing anything in the safe, at greenlight I’ll make interest on it.” Awesome lessons to experience at such an early age.

Our kids hated the old school savings account deal. They would get money from gma or family, we would give them the old line about putting it in savings, then they would never see the money again. Sure they had savings accounts, but they were not learning anything about money and saving. With greenlight, it’s all interactive at a level they understand - with serious parental control that makes me feel comfortable.

Our kids also use the earn function a lot.. if they want something we have them put in at least some work for it.

We started out with 100 dollars in the parents account just to see how it would go. Now that we’re more comfortable with how it works, etc. we’re all in.

Highly recommend this!

Only drawback I can see right now is that my 9 year old doesn’t have a phone. She can still participate and have a debit card, but can’t experience the kid app side of this. Honestly it’s fine though because we can show her what’s going on with her account and explain it in real time.

As the world around us changes, so must we. Gone are the days of weekly tangible allowances and chore boards. My tech savvy son was excited to have a credit card and ready to earn some ‘spending’ money.

GreenlightKidsTeenBanking is very user friendly allowing me to designate chores, as well as chore days and frequency. I like the ability to break up the allowance given between ‘spend, save, and charity’ and the ability to pause the allowance (if needed) or transfer extra money onto his card if he earns it.

Through GreenlightKidsTeenBanking my son can see the amount of money he’s earned and has already put his earnings into a special category, he created, as a way to focus on maintaining his goal. He feels more in control of his allowance money/spending (but you can restrict places they spend money on if it gets out of hand-like video games) and we as a family have an easy way to keep track of his ‘chores’ and financial progress.

Our kids received these cards for Christmas and they are loving the independence it brings! I had an issue where my child’s phone number had changed and was now my other child’s number and I couldn’t find a way to change this on GreenlightKidsTeenBanking so I emailed customer service and they respond the next day and got the info to change the info in the system. Very friendly, very thorough, very fast service!! Would recommend this to everyone!! Now my daughter can stop trying to buy things with handfuls of change she finds lol she can give the change to us and we put the amount on her card!!!

Edit- we have had these cards for over a year now! Loving them even more with the new savings options!! Our kids can see how close or far they are from a special savings goal. PLUS now we can give their grandparents links to send them money straight to their cards for gifts!! No more lost birthday money!! We had old savings accounts for them at a bank but they aren’t even used now. The kids love being able to manage their own money at a glance in GreenlightKidsTeenBanking ! Have used customer service a couple more times and have still been helped promptly and they are extremely nice!!

Well I’m nine years-old and my mom got me this card. So the only reason why I have this card is because my uncle had recently not really but like 1 year ago he had made my cousins which are his children these nice cards and then he made my twin cousins one and then he made their older sister one. So I basically was a little bit jealous that they had a debit card with no money, but I realized that if I asked my mom for one it would be more likely that she puts the money that I get on Chinese New Year from my dad. So then I kept begging her until one day she did it and you guys sent me a message to join my mom, but she wanted it to be a surprise, but it still was because I don’t have my notifications on so I looked at my messages and saw it. Then I was so excited and when it got mailed my mom gave it to me and I put it in my wallet, but she still hasn’t put in the money because I recently just have gotten it. I recommend this debit card for kids that like to explore and learn how to count money. Also my 5 year-old cousin has one of these and hasn’t spent a thing. I highly suggest everyone trying this debit card for kids. Thanks Greenlight!!!

-Nathalie-Stefania-Loo-Ramirez

I just signed up for Greenlight however I confused it with another service that had feature I really thought would benefit my child. I am always nervous when canceling required a phone call, because it usually includes some really pushy attempts to make you stay. My husband was on the phone with one company over two hours trying to cancel. It’s scarred us for life! (Haha)

So I braced myself and called Greenlight to cancel. After one man took my general information and then told me he was transferred me to the cancellation department, I automatically thought, oh great here we go. My defenses went up and I was ready to battle. Turns out Greenlight plans to add the feature I wanted in a couple months and was willing to give me discount in order to stay and have the opportunity to compare the two services. Being in defense mode, I wasn’t open to staying.... and I will say the guy on the phone was not remotely pushy and was super nice. The second I hung up I asked myself why I didn’t stay.

I have had so many horrible customer service experiences, especially when trying to cancel a service it actually caught me off guard to have nice genuine customer service.

After 4 emails back and forth and 3 phone calls, we may finally have a working card. GreenlightKidsTeenBanking makes the process sound easy but it doesn’t tell you that if you and your spouse have a joint banking account, their information must be submitted when initially setting up the account or the account gets frozen with no notification to you. Your card arrives in the mail with simple instructions to activate it in GreenlightKidsTeenBanking . When you try to do so, you get an error message that makes no sense and doesn’t tell you that your account is frozen or why. I then had to email a picture of my husband’s ID, add him to the account, and he was to get a text linking him to the account. After 3 tries he still didn’t receive a text. I call customer support again, go through 10 security questions and the agent says she’s activated the account. Then she sees there’s a freeze on my account so I have to talk to a higher level. Ten more security questions and a long hold time with this person and now I MAY have a working card. Way too much hassle and all along I assume I’ve been paying $5 a month and the money I loaded from my bank account to my parent wallet on GreenlightKidsTeenBanking has been inaccessible to me. I hope it gets better from here!!!

I enthusiastically recommend Greenlight to every family looking for a debit card for their child. We have been using this card for several years and it is perfect. I have the ability to link my child’s card to funds that I transfer from my own account, and release the money to her as she needs it. The controls in GreenlightKidsTeenBanking allow you to monitor all activity on the child’s card and limit both the type and amount of approved expenditures. The card can be immediately disabled through parental controls. I receive notification of every expenditure, and GreenlightKidsTeenBanking will inform my child of deposits to her account. The card has a function that allows for automatic payment of allowances, if desired. There is also a savings and charitable donation feature. This is the perfect debit card solution for our family! The developers of GreenlightKidsTeenBanking thought of everything! Highest recommendation!

I’ve been keeping track of my kids earning and spending with a spreadsheet on my phone, but you can imagine when life gets busy it can be weeks before I update things, and often I would forgot to add items. I was about to open a bunch of child checking accounts for our kids when a friend told me about Greenlight. I downloaded it and set it up and I really like it except for one MAJOR problem. Once you login to GreenlightKidsTeenBanking for the first time there is no password protection. Anyone who might be using your phone can see and move money in and out of you checking account. This is not okay. The chances of someone having my phone with ill intent is small but not zero. Maybe my teenager borrows my phone for something and is tempted to go in and move some money around. GreenlightKidsTeenBanking has direct access to my checking account and debit card, it NEEDS to be password protected. All of my other banking/financial apps use Face ID or a password for security every time I open GreenlightKidsTeenBanking . GreenlightKidsTeenBanking needs that kind of security. A banking app with no security?

Otherwise I like everything about it. I hope they can add this feature otherwise I will have to close our account.

Before coming across GreenlightKidsTeenBanking, purchases online for me were quite difficult. I would have the cash myself, but my parents either didn't have the time or didn't have the money in their bank account to make the purchase. This was disappointing at times especially when trying to buy an item on sale. Then we sparked the idea of individual bank accounts for my siblings and I and came across Greenlight.
Greenlight is a fancy app that allows parents to allocate funds into child accounts. It allows me to purchase items online and in stores whenever I want, without the worry of my parents lack of time or money. Parents can also restrict where money is spent and add interest to a savings account. My siblings, parents, and I all agree that this has made giving us kids payment for work so much easier. I highly suggest GreenlightKidsTeenBanking to any who come across it.

After trying unsuccessfully to find a bank that will allow a 12 yr old to open an account, I discovered GreenlightKidsTeenBanking. I was super excited because it would’ve solved all of the issues with our son earning money with small jobs for neighbors, and be allowed to spend it at approved stores, etc. However, I was very disappointed to discover that they charge a monthly fee for service. It would cost us $60 a year, which simply doesn’t work for us. I deleted GreenlightKidsTeenBanking and am so disappointed. I’d rather pay a small fee up front for GreenlightKidsTeenBanking and the debit cards, then the service be free.
Response to your reply: Our bank doesn’t charge any fees of any sort unless we are overdrawn. We would love to do these cards but not with a regular fee attached. Especially since we have four kids. The fee would be quadrupled.

I love this concept for kids, teens and young adults. I think learning about money, finances, interest and taxes should be taught to our children at an early age so they can develop and learn good financial skills growing up in a very entitled generation. This has given me the opportunity to show my kids how to earn money, save money and learn to spend their money more wisely. It allows them to see how their money is being used. It’s a great motivator for them.

One thing, I wish there was an option for the kids to be able to pay the parents back or have money go back into the parents account. If they don’t have their card with them and know they have money and want to “borrow” from mom or dad and then repay us when they can, would be a great additional feature. I know having the card with them is most ideal, however with younger kids they don’t always think to bring the card with them everywhere.

The advertised convenience and the concept are great. But the funding functionality does not align with the terms and conditions. For example, the card terms say you can fund the parent account up to $300/month by direct bank transfer (ACH). But I’ve only been able to transfer $200 over the past two months combined, and every further attempt gives me a red box warning that says I’ve exceeded the limit for the month. My email to customer service 8 days ago has gone unanswered (except for the auto-reply confirming they got it). This seems to be a set-up to get you to give a debit card number for another account as a funding source instead. I was so concerned this was a possible fraud that I had to reconfirm that my research recommend this was from reputable sources. GreenlightKidsTeenBanking is also glitchy. When asked to create a PIN, for example, it will freeze multiple times before finally working with the same number. I’ll remain a tentative user hoping they figure things out with the next update.