Greenlight vs Step

Greenlight is a solid financial literacy app and debit card for kids. How does it compare to Step? 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 - $24.98 per month for up to 5 kids.

While Step offers free banking app and secured spending card for teens and young adults. It helps build credit, invest, grow savings, and earn rewards. Step reports payment history from Step VISA Card to the three credit bureaus to help users build credit. There is no minimum age requirement, monthly fees, or account minimums.

Compare Greenlight with Step, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	Greenlight	Step

	Visit Site	Visit Site
	SPECIAL OFFER Greenlight Debit Card for Kids - Learn More Read Greenlight Review	SPECIAL OFFER Step Visa Card for Teens - Learn More Read Step Review
	Benefits and Features
Minimum Age	No minimum age requirement	No minimum age requirement
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
Checking	Debit card up to 5 kids. Greenlight Max, Infinity, and Family Shield plans also earn 1% cashback on purchases
Monthly Fee	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	$0
Kids Debit Card
Minimum Deposit to Open	$1	$0
Mobile App	iOS & Android
	CreditDonkey® Reviews

Savings
Minimum Deposit
Checking
Price
Mobile App
Customer Service
Ease of Use
Education
Minimum Deposit to Open
Pros & Cons	Pros: Great parental controls Teaches money management for kids Excellent education and savings tools Cons: Can't deposit physical cash Relatively high fees	Pros: No monthly fee Build credit with Step Card Early direct deposit Cons: No in-app educational content Few parental controls
Bottom Line	Solid financial literacy app and debit card for kids... Read full review	Simple banking app and debit card for teens... Read full review
	Visit Site	Visit Site
	Greenlight Debit Card for Kids All Ages - Banking and Invest in One App Investing App for Kids and Teens	Step Visa Card for Teens
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Greenlight Debit Card for Kids

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All Ages - Banking and Invest in One App

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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.

Investing App for Kids and Teens

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Which is Better: Greenlight or Step?

Still need help deciding which kids debit card is better? Read the in-depth reviews below. You may also be interested in comparing Greenlight or Acorns Early.

In short: Greenlight's savings and education are noteworthy. In particular, the education is impressive. Step's price is impressive.

Articles on Greenlight

Greenlight Review

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.