It's a legit product and definitely not a scam. The Greenlight card has an EMV chip in it, which helps keep your data safe and secure each time your child makes a purchase. As a parent, you can set spending controls that are just right for your child, and you'll get instant notifications each time they spend money.Dec 2, 2021
How do I get cash from my Greenlight card?
For security purposes, your child's first transaction cannot be at an ATM. Once the card is successfully used online or at a sales register, you child can withdraw money from an ATM if there are available funds in their "Any ATM" Spend Control.
Can you get Greenlight cash back?
Yes! Beginning August 1, 2021, Greenlight Max families can earn 1% Cash Back on purchases, deposited directly into their General Savings every month.
What is Greenlight money?
Greenlight is the debit card and banking app for kids and teens, complete with an educational investing platform for the whole family. Parents can also invest for their kids' futures — college, first car or any other goals. Because Greenlight is a prepaid debit card, kids can't spend what they don't have.
Is Greenlight investing worth it?
Families that won't use the investing functionality, however, may find that FamZoo offers a better price and a better user experience. However, Greenlight is still an excellent option overall.
What bank owns Greenlight?
Community Federal Savings Bank
Is greenlight a real debit card?
The Greenlight card is a prepaid debit card designed to teach children about the fundamentals of personal finance. Parents can deposit money into their kids' Greenlight accounts and help them set savings goals, make charitable donations and budget for everyday purchases.
How do you make money on Greenlight?
With Greenlight, kids can earn money by doing chores. Parents automate allowance or instantly transfer money to kids' Greenlight debit cards, so kids learn to make trade-off decisions with real money.
Can you get paid through Greenlight?
Direct deposit automatically places your kids and teens hard-earned paychecks onto their Greenlight card. It's convenient, safe, secure, and saves you a trip to the bank. To set up direct deposit, call us at 888-483-2645.
What is a gift code on Greenlight?
Now you can give the gift of choice to the readers in your life -- instantly! The Online Only Gift Code can be applied to any item from the Greenlight Bookstore website (other than ebooks and digital audiobooks). When purchased, the code will be emailed to the recipient, who can use it to shop online any time.