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Father and daughter paying with their Greenlight parent credit card at a coffee shop while similing

Oct 18, 2022

Parents: Propel your college plans with the Family Cash Card

Parents, we get it. You’re busy raising happy, healthy and financially-savvy kids. They’re growing up, and you’re planning for their future. One that might include sending them off to the college of their dreams. 

Starting today, you can propel your family’s plan for college — or any other goals — with Greenlight’s (drumroll, please…) credit card for parents, the Family Cash Card. 

It’s designed for busy parents just like you¹ — with up to 3% cash back² on every dollar you spend. No limits. No categories. No hassle. Auto-invest your cash back, apply it to your card balance or send it to your Parent’s Wallet for anything else. 

Now, you can take a load off your plate and give yourself the credit you deserve. Invest for their future by spending in the present. It’s credit made simple — and smart.

Man holding the Greenlight Family Cash Card in his hand to pay for the scone sitting on the table

Earn up to 3% cash back on every dollar spent.

With growing kids come growing costs. Especially when the cost of living is on the rise. You’re spending more on gas, more on groceries and more on school supplies. It’s already hard enough to remember which credit card to bring on each shopping trip. But keeping track of spending categories and earning limits? No, thank you.

That’s why the Greenlight Family Cash Card gives you up to 3% unlimited cash back on every dollar you spend. No purchase categories to keep track of. No limits on how much cash back you can earn. And no need to fumble with multiple credit cards — ever again. 

Here’s how it works:

When you spend with Greenlight’s credit card for parents, you earn:

Hand holds Greenlight Family Cash Card next to table showing cash back earning potential of up to 3%

That means no more double-thinking at the check-out line. Use your Family Cash Card without categories crossing your mind. Oh, and — wave goodbye to annual credit card fees, too.³ None of those here. 

Auto-invest your Family Cash Card rewards for college.

Picture this: Your teen gets accepted into their dream college. You pay their first year of tuition with credit card rewards. Sounds like a dream, right? With the Family Cash Card (and a little help from compound growth), it’s possible.⁴

Graph shows the power of compound growth: In 10 years the balance is $25,000 with growth & deposits

Let’s say you and your family spend at least $4,000 each month, and you choose to auto-invest your cash back. By spending at least $4,000 each billing cycle, you’ll earn 3% cash back every time. Ten years later, it could add up to $22,690! That’s enough to pay for some (or all) of your child’s college.

With Greenlight’s Family Cash Card, every dollar spent (whether it’s food, fun or flights) puts dollars toward their future. Just put investing on autopilot — or place one-time trades. You pick.

Mother and father smiling, standing in the kitchen, looking at the Greenlight parent app on a phone

Or, redeem rewards your way.

Whether you’re planning for college or the family trip of a lifetime — with Greenlight’s parent credit card, you can redeem your rewards your way. Choose to invest your cash back for your biggest dreams, move your cash back to your Parent’s Wallet or apply your rewards to your card balance.

If you’re in need of a quick money boost — apply your rewards to your balance as a statement credit to reduce your outstanding balance. Just keep in mind — statement credits don’t reduce the minimum payment due. And when you want to use your cash back to make another purchase — whether that’s ice cream for the family or textbooks for school — instantly deposit cash back into your Parent’s Wallet. A win-win. For you and your family.

Enjoy World Mastercard Program perks.

With Greenlight's Family Cash Card, you’ll also get exclusive Mastercard World benefits.⁵ Enjoy special discounts on ride-sharing with Lyft, food delivery with DoorDash and more.  And when it’s time to take a break, you’ll get all of Mastercard’s premium experiences and travel and lifestyle services. Enjoy free nights at partner hotels, personal airport concierge access and more.

Plus, count on coverage against identity theft and fraud — with Mastercard’s ID Theft Protection and Zero Liability Protection.⁶

A mother holds the Family Cash Card, a parent credit card with up to 3% cash back on every purchase

Give yourself some credit.

As a parent, you always want what’s best for your family. For today, tomorrow and 10 years down the road. Whether you’re planning for college, saving for a big trip or looking for the best rewards for your family, the Family Cash Card has your back. 

You’ve got a lot on your plate, so we’ll let you get to it. As long as you have an existing Greenlight subscription, you can quickly and easily apply to the Family Cash Card today. Not a customer yet? Sign up today for one month on us— and enjoy infinite learning and money tools to build a happy, healthy future for your family. 

¹Familial relationship not required to obtain benefits.

²Earn 3% when you spend at least $4,000 in a billing cycle, 2% when you spend at least $1,000 but less than $4,000 in a billing cycle and 1% when you spend <$1,000 in a billing cycle. See the Credit Card Rewards Terms and Conditions for details, including earning, redemption, expiration or forfeiture.

³Standard purchase APR: 18.24% variable to 26.24% variable, based on your creditworthiness. Variable APRs will vary with the market based on the Prime Rate. No annual fee with Greenlight membership. Rates as of November 1, 2022. Subject to credit approval. Additional limitations, terms and conditions apply. You will be given further information when you apply.

⁴Assuming a family spending $4,001 each billing cycle for ten years auto-invests their 3% cash back of $120/month and earns 8.7%-10%, their total earned would be $22,838 - $24,588, and the average in-state public college tuition in 2022 is $9,377. Subject to available credit limit and credit approval. Partial, late or missed payments will result in additional interest and/or fees accumulating toward your balance. PLEASE NOTE: Past investment performance may not be indicative of future results.  Due to various factors, including changing market conditions, the content of this advertisement may no longer be reflective of current positions.  You are encouraged to consult with a professional financial advisor of your choosing with any questions.

⁵See your Mastercard Guide to Benefits when you become a Card Member for details.

⁶Certain terms, conditions, and exclusions apply. To learn more about Zero Liability, visit

© 2022 Greenlight Investment Advisors, LLC (GIA), an SEC Registered Investment Advisor provides investment advisory services to its clients. Investing involves risk and may include the loss of capital. The reference to SEC registration does not imply that the SEC has endorsed or approved the qualifications of GIA or its respective representatives to provide any investment services described on this site or that GIA has attained a level of skill or training.

The Greenlight Family Cash Card is issued by First National Bank of Omaha (FNBO®) pursuant to license by Mastercard International.

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