FAQs
- What is Greenlight? Greenlight is the money and safety app built with families in mind, and designed for kids of all ages. With Greenlight’s debit card and app, parents can pay allowance, assign chores, and help their kids learn to earn, save, spend wisely, and invest. Caretakers of seniors, or kids and seniors, can keep their aging loved ones’ accounts safe from elder fraud and scams.
- Does Greenlight offer investing^^? You bet. Kids and teens on our Infinity Select and Family Shield Select plans can use their apps to research and propose trades — with parent approval. All investing portfolios are standard brokerage accounts held in the primary parent’s name.
- How much does Greenlight cost? As an SBSI customer, your Greenlight SELECT subscription is free*. Or, get an exclusive discount on Infinity Select ($9.99/mo) or Family Shield Select ($13.99/mo), just for being an SBSI customer.
- Is there a minimum age? We support kids and grownups of all ages. No minimum (or maximum) age here. The Primary must be at least 18 years old and a U.S. resident.
- Where is the card accepted? The Greenlight card can be used wherever Mastercard is accepted, online and in store.
- Is there an app for kids & older adults? Kids, parents and older adults will both use the same Greenlight app you see in the app store, but have different experiences and individual login credentials. Parents can set up their child or older adult’s login under their respective profile settings.
- How does location sharing* work? Greenlight Infinity Select's location sharing feature enables seamless sharing across all devices and platforms. Simply toggle between the "family view" to see everyone's location or the "individual view" to focus on one person's location.
- Is Greenlight safe? Greenlight debit cards are FDIC-insured up to $250,000 and come with fraud protection through Mastercard’s Zero Liability Protection.
Greenlight also blocks unsafe spending categories, sends real-time transaction notifications, lets parents turn cards off at any time, and gives parents flexible ATM and spend controls.
How do SOS alerts* work? Greenlight Infinity Select and Family Shield Select's SOS alerts are designed to provide help when you need it. Everyone can set up SOS alerts directly in the app, choosing which family members will receive the alert in case of an emergency. When an SOS alert is activated, whether it's through the Greenlight dashboard or login screen, help is on its way. The alert can be sent to 911, family members, or both.
Does Greenlight work with mobile payments? Yes! As soon as your child’s card has been activated, they can add their Greenlight card details to Apple Pay or Google Pay*** to tap and pay in an instant.
The Greenlight® prepaid card is issued by Community Federal Savings Bank, member FDIC, pursuant to license by Mastercard International.
ᐩSaco & Biddeford Savings Institution customers are eligible for the Greenlight Select Plan at no cost when they connect their Saco & Biddeford Savings Institution account as the Greenlight funding source for the entirety of the promotion. Upgrades will result in additional fees. Customers may also choose to upgrade to one of Greenlight’s Partner premium plans: Infinity Select or Family Shield Select. Saco & Biddeford Savings Institution customers will receive a $5.99 monthly discount on either plan when they connect an eligible account as their Greenlight funding source. Upon termination of promotion, customers will be responsible for associated monthly fees. Offer ends 11/14/2026. Offer, pricing, and Saco & Biddeford Savings Institution participation subject to change. Subject to minimum balance requirements and identity verification. Terms and conditions apply. See Saco & Biddeford Savings Institution and Greenlight terms at https://greenlight.com/promotionsgeneralterms for full details. Price reflected includes monthly partner discount.
*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.
**Premium monitoring services are offered by Experian.
***Subject to Apple Pay and Google Pay age requirements.
^Insurance offered by Acrisure, LLC is provided by ACE American Insurance Company and its U.S.-based Chubb underwriting company affiliates. www.chubb.com. Additional details can be viewed here. See link for policy information. Insurance Products are not insured by the FDIC or any federal government agency and are not a deposit or other obligation of, or guaranteed by, any bank or bank affiliate.
^^© 2025 Greenlight Investment Advisors, LLC, an SEC Registered Investment Advisor provides investment advisory services to its clients. Investing involves risk and may includethe loss of principal. Investments are not FDIC-insured, are not a deposit, and may lose value.
