BusyKid vs Greenlight

Let’s see the summary of our BusyKid vs Greenlight comparison right away. Greenlight has more features and customizable options but it’s also more pricey than BusyKid. BusyKid is a better solution for younger kids (from 5 years old) as it has preset chores for younger ages. Meanwhile, Greenlight is better for older kids and teens (from 8 years old) as it has more advanced features while also having a higher level of control by parents.

When parents consider a prepaid debit card for their kids or teens that comes with a money management app, the first two companies they would probably find would be Greenlight and BusyKid. Both brands offer a good educational product for kids to be able to manage money while also offering parents be able to control this process. But you still need to choose one company that would be your partner for this task.

So, let’s break down the similarities and differences between BusyKid and Greenlight and start with a brief pros and cons comparison.

Pros and cons of both companies

Greenlight has more useful featured but is a bit more expensive

  • Comes with a huge number of features and unique possibilities
  • No ATM fee
  • Mobile payments with Apple Pay or Google Pay
  • Ability to choose a custom design
  • Cashback feature
  • More pricey, especially its second and third plans

Check out this Greenlight card review to know more about the company.

BusyKid has similar core features and is cheaper

  • A lower price with almost the same core features
  • Is good for kids of lower age
  • Fewer features and customization options
  • ATM fee
  • No mobile payments
  • No custom design

Read more about the company in this BusyKid review.

BusyKid vs Greenlight comparison

Price$3.99/month per family (up to 5 kids)$4.99 – $9.98/month per family (up to 5 kids)
LocationUS onlyUS only
Issued byVisaMasterCard
ATM feeYes, $1.5No
Custom design$7.99$4.99
(weekly, each Friday)
(weekly, biweekly, or monthly)
ChoresYes (only preset chores based on a kid’s age)Yes
(preset and custom chores)
(basic savings)
(saving goals + Parent-Paid Interest, Savings Reward and Round Ups features)
InvestingPartialYes, under parental control


Let’s first check the similarities between these two cards for kids.

  • Offer prepaid debit cards for kids that come with money management apps for children and their parents
  • Allow up to 5 children per account and you pay for a family, not for a single kid’s card
  • Allow online and offline payments as well as ATM withdrawals
  • Have parental control features and notifications on kids’ spending as well as transaction and activity history within their apps
  • Allows mobile payments with Apple Pay and Google Pay
  • Have a chores system with a slight difference: Greenlight offers both preset and custom chores, and BusyKid offers only preset ones (chores by BusyKid are designed for each age group)
  • Have separate savings accounts so that a kid can save money
  • Offer automated allowance payment
  • Allow donating to charities: Greenlight cooperates with one organization only, while BusyKid has about 50 organizations a kid can donate to
  • Giftcard by Greenlight and BusyPay by BusyKid both allow sending money to kids as a birthday present or for any other occasion
  • With both companies, you can get a card in the US only (with BusyKid you can get a card abroad but need to have a US verification); and both cards can be used abroad


Now, let’s check a breakdown of the main differences between the two companies.

  • With BusyKid, almost all transactions and actions done by a kid has to be approved by their parent; whereas Greenlight gives more freedom for a kid (probably the only thing a kid needs to get approved for sure is investing).
  • Greenlight is issued by MasterCard, and BusyKid is issued by Visa
  • Greenlight has no ATM fee, whereas BusyKid has a fee of $1.5 to use any ATM
  • Greenlight has a cashback of 1% in its Max plan, and BusyKid doesn’t have a cashback feature
  • BusyKid has separate features of Payday and Bonus. The first means that a kid gets paid after completing some task from the chores list, and the second means a kid can get payment for some other reason (like getting A at school); meanwhile, Greenlight doesn’t have such a separation.
  • BusyKid has the default setting of automatic allowance payment on Friday, whereas with Greenlight you can set a day you want.
  • All BusyKid cards come in 11 different designs (most of them are black and white colored) with no custom designs; meanwhile, Greenlight offers the ability to choose almost any custom design. Also, each BusyKid card, unlike Greenlight, has the kid and parent names printed on the back which cannot be removed.

Greenlight and BusyKid pricing 

Greenlight has a more complicated pricing model. It has three pricing options: Basic, Invest, and Max. The basic plan is $4.99/month and comes with no investment and cashback features. The second plan is $7.98/month and allows investing but has no cashback. The third plan, Greenlight Max, includes all the basic and advanced features as well as 2% of Greenlight Savings Reward.

BusyKid has no pricing packages but you can choose between monthly or annual payments. The first one is $3.99 and the second one is $38.99.

Both companies have a family-based pricing model. This means you pay a monthly fee for a family of up to five kids–you don’t need to pay for each kid’s account separately.  

Is Greenlight or BusyKid better?

Both apps are good but Greenlight offers more features for kids and parents than BusyKid.

What is cheaper, BusyKid or Greenlight?

BusyKid is a cheaper option. Its price is $3.99 per month while Greenlight’s cheapest plan is $4.99 per month.

What are alternatives to Greenlight and BusyKid?

The main alternatives to these cards for kids are GoHenry, FamZoo, Copper, Current Card, and Chase First.

David is an advocate of financial literacy. Having previously worked as a financial advisor and being a father of two daughters, he wants to show solutions to improve financial behavior.

We will be happy to hear your thoughts

      Leave a reply