Top-Ranked Debit Cards and Financial Apps Suitable for Kids and Adolescents in June 2025
Greenlight Debit Card for Kids and Teens
Greenlight debit card, an all-inclusive banking solution for children of all ages, stands out among its competitors. The debit card for kids comes with a wide range of features that extend beyond just a payment card and parental controls.
Greenlight incorporates chore and allowance tracking for up to five kids, offers one of the most competitive youth savings account rates, and features a financial literacy game. Advanced plans can add investing opportunities, cash back on debit purchases, identity theft protection, and even driving reports and family location sharing.
The extensive evaluation conducted by our team looked at 16 top card issuers based on 34 strict criteria. Apart from Greenlight, the review also recognized four other leading debit card and banking apps for kids and teens.
Best Debit Cards for Kids and Teens - June 2025
- Best Comprehensive App: Greenlight
- Best for No Fees: Axos Bank First Checking
- Best for Inspiring Kids to Save: Acorns Early
- Best for Parents who Bank with Chase: Chase First Banking
- Best for Full Parental Controls at a Modest Price: Kachinga Prepaid Debit Card
Parents seeking the best savings accounts for their child can refer to our review of the top savings accounts for kids and teens.
Key Features and Benefits of Greenlight
Greenlight offers a variety of features that caters to both children and parents, enhancing safety and promoting responsibility among kids, while giving parents greater control. Here are some of the top features:
- No age restrictions
- Customizable spending limits
- Instant and automated account reloading
- Four dedicated accounts (Spend, Save, Earn, and Give)
- Investment platform for kids
- Real-time parental notification and approval for transactions
- No hidden fees
- High savings interest rate
- Compatibility with payment apps, such as Apple Pay and Google Pay
- Emergency fund access and family safety features in higher plans
Comparison with Other Kids' Debit Cards
Greenlight compares favorably to other popular kids' debit cards like Acorns Early and Modak with regards to features like age restrictions, spending limits, account management, investment options, parental control, and fees. Compared to its competitors, Greenlight provides more value and functionality, especially for families looking for an investment platform, high savings rates, and advanced safety features.
By offering a more comprehensive range of features and teaching financial literacy to young users, Greenlight's debit card stands out as an ideal choice for parents seeking to give their children financial independence and responsibility while maintaining safety and control.
- Greenlight's debit card, recognized as the Best Comprehensive App in the June 2025 review of Best Debit Cards for Kids and Teens, incorporates an investment platform for kids, real-time parental notification, high savings interest rates, and various family safety features, making it an ideal choice for parents wanting to promote financial responsibility in their children.
- In addition to offering chore and allowance tracking, one of the most competitive youth savings account rates, and a financial literacy game, Greenlight also features an investment platform for kids, setting it apart from other kids' debit cards like Acorns Early and Modak, particularly for families seeking to invest and cultivate their children's personal-finance skills.
