BusyKid vs Greenlight
BusyKid is a simple, low-cost app that turns chores into money lessons. How does it compare to Greenlight? Read our comparison chart below.
BusyKid is a debit card and chores apps for kids 5-17. It lets kids decide how to spend, save, donate, or invest the allowance they get from doing chores. For $4/mo, you get debit cards for up to 5 kids.
While 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 - $24.98 per month for up to 5 kids.
Compare BusyKid with Greenlight, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
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| | Learn More | Visit Site |
| SPECIAL OFFER BusyKid Prepaid Card for Kids - Learn MoreRead BusyKid Review | SPECIAL OFFER Greenlight Debit Card for Kids - Learn MoreRead Greenlight Review |
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| | Benefits and Features |
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| Minimum Age | 5 years old | No minimum age requirement |
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| Savings | Parents can add interest or matching on kids savings | 2% savings reward (3% for Greenlight Max, 5% for Greenlight Infinity, 6% for Greenlight Family Shield) on an average daily savings balance of up to $5,000 per family |
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| Checking | Up to 5 BusyKid Spend Cards per family | Debit card up to 5 kids. Greenlight Max, Infinity, and Family Shield plans also earn 1% cashback on purchases |
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| Monthly Fee | $4 per month (billed annually at $48) |
- Greenlight Core: $5.99 per month
- Greenlight Max: $10.98 per month
- Greenlight Infinity: $15.98 per month
- Greenlight Family Shield: $24.98 per month
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| Kids Debit Card |  |  |
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| Minimum Deposit to Open | $0 | $1 |
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| Mobile App | iOS & Android | iOS & Android |
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| ATMs | 55,000+ Allpoint ATMs; $1.50 withdrawal fee, plus ATM owners may also charge a fee. | Any ATM with a Mastercard, Visa Interlink or Maestro name or logo. But the ATM owner may charge a withdrawal fee. |
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| | CreditDonkey® Reviews |
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| Pros & Cons | Pros:- Solid chores and allowance functions
- Save, invest, and donate money
- Great value for large families
Cons:- Limited spending controls
- No educational content
- $0.50 declined transaction fee
| Pros:- Great parental controls
- Teaches money management for kids
- Excellent education and savings tools
Cons:- Can't deposit physical cash
- Relatively high fees
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| Bottom Line | Simple, low-cost app that turns chores into money lessons... Read full review | Solid financial literacy app and debit card for kids... Read full review |
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| | Learn More | Visit Site |
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BusyKid: Pricing information from published website as of 05/01/2022 |
- Flexible controls, spending notifications, in-app chore list
- Age: No minimum age
- Fees: Starts at $5.99/month, per family (up to 5 kids). $10.98/month for Greenlight Max. $15.98/month for Greenlight Infinity. $24.98/month for Greenlight Family Shield.
Your funds will be held at Community Federal Savings Bank, an FDIC-insured institution.
Which is Better: BusyKid or Greenlight?
Still need help deciding which kids debit card is better? Read the in-depth reviews below. You may also be interested in comparing BusyKid or Acorns Early.
In short: BusyKid's price and customer service are noteworthy. Greenlight's savings and education are noteworthy. In particular, the education is impressive.
Articles on BusyKid
BusyKid lets your child earn, save, and invest their allowance. But is it safe? Find out if the app is worth the cost.
Articles on 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.
Check out the top alternatives to Greenlight Debit Card for Kids to help you save money and enjoy similar features as Greenlight.
Don't want a Greenlight account anymore? Here's how to delete your Greenlight account and get your money back.
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.
There are lots of ways to fund your Greenlight account. Find out how to add, transfer, and gift money to your child.
Is a Greenlight debit card for kids worth the cost? Learn more about Greenlight's plans, fees, and common complaints.
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.
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