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QUESTION

Is Greenlight considered a debit card?

ANSWER

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Greenlight is indeed considered a debit card, specifically designed for children and teenagers. It is linked to a parent-managed app that allows parents to monitor and control their children's spending habits while teaching them financial responsibility. With Greenlight, kids can make purchases or withdraw cash within limits set by their parents. The card operates on the Mastercard network and is accepted anywhere Mastercard is accepted. The parental controls include setting store-level spend controls, providing real-time notifications of transactions, and the ability to turn the card on or off instantly. Greenlight also offers educational content to help young users learn about money management, investing, and saving.


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04.03.2024
IS GREENLIGHT A DEBIT CARD
PRODUCT NAME

GREENLIGHT DEBIT CARD
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