Why choose Greenlight over Venmo for teens?

Learn how we collect and use your information by visiting our Privacy Statement.

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Greenlight vs. Venmo	Greenlight	Venmo for teens
Debit card eligibility	All ages	Ages 13-17
Real-time spend alerts
Receive money from friends & family	via Greenlight pay link: debit or credit card, Venmo, Apple Pay, or Google Pay	via Venmo
Flexible parental controls & approvals
Up to 5% on savings¹
Up to 1% cash back²
Custom debit card
Allowance & chores
Investing for Teens³
Family location sharing & SOS alerts⁴
Driving reports, alerts, & crash detection⁴

Best-in-class money management for teens.

Greenlight and Venmo give teens a debit card of their own for everyday spending. But with Greenlight, teens can do so much more.

They earn money through chores, get up to 5% on savings¹, and build healthy financial habits. Parents set spend controls, approve payments, and transfer money instantly from their Parent’s Wallet for free.

App screen is illustrative and is not representative of actual data.

Reach goals

Assign chores

Invest together

Send money

Join Greenlight. One month, risk-free.†

Plans start at just $5.99/month for the whole family. Includes up to five kids.

Read how we use and collect your information by visiting our Privacy Statement.

¹Greenlight Core families can earn 2% per annum, Greenlight Max families can earn 3% per annum, Greenlight Infinity families can earn 5% per annum, and Greenlight Family Shield families can earn 6% per annum on an average daily savings balance of up to $5,000 per family. To qualify, the Primary Account must be in Good Standing and have a verified ACH funding account. See Greenlight Terms of Service for details. Subject to change at any time.

²Greenlight Max, Infinity, and Family Shield families can earn 1% cash back on spending monthly. To qualify, the Primary Account must be in Good Standing and have a verified ACH funding account. See Greenlight Terms of Service for details. Subject to change at any time.

³Available with Greenlight Max and Infinity plans.

⁴Available with the Greenlight Infinity plan. Requires mobile data or a WiFi connection, and access to sensory and motion data from cell phone to utilize safety features including family location sharing and driving alerts and reports. Messaging and data rates and other terms may apply.

Why choose Greenlight over Venmo for teens?

Greenlight vs. Venmo

Greenlight

Venmo for teens

Debit card eligibility

All ages

Ages 13-17

Real-time spend alerts

Receive money from friends & family

via Greenlight pay link: debit or credit card, Venmo, Apple Pay, or Google Pay

via Venmo

Flexible parental controls & approvals

Up to 5% on savings¹

Up to 1% cash back²

Custom debit card

Allowance & chores

Investing for Teens³

Family location sharing & SOS alerts⁴

Driving reports, alerts, & crash detection⁴

Join Greenlight. One month, risk-free.†