Store-Level Spend Control:
With Greenlight's patent-pending Spend Controls, you have the ability to restrict which stores your children can make purchases at and how much they can spend.
Looking for more flexibility? Adding money into the Spend Anywhere Spend Control allows them to spend money where they see fit. Money that you add to Spend Anywhere can be spent wherever Mastercard is accepted, online and in-store. In most cases, within your specific Spend Control settings, you can also connect any of their individual Spend Controls to Spend Anywhere so that these funds can be combined for purchases.
For example, if your child goes to make a purchase for $6 at Target, but their Spend Control only has $5 in the account, if this setting is turned ON the additional $1 will come from their Spend Anywhere Spend Control so that the purchase is not declined. If this setting is turned OFF, the purchase would be declined.
Click here to learn about adjusting the settings of Spend Controls.
Card Permissions
On Greenlight Family Shield, Primary Accountholders can set card permissions for older adult’s Greenlight debit cards. You can turn on or off transfers out of Savings, online and phone purchases, international transactions, charitable donations, and ATM withdrawals, so they can spend with guidance. Click here to learn how to set up card permissions for an older adult.
In-App Approvals:
If your child wants to make a purchase at a store you haven't approved and they don't have enough money in their Spend Anywhere Spend Control, they can send you a request for additional funds in real-time. You can approve or decline the request and chat with your child as needed. Click here to see how to send money to your child.
Freeze a Greenlight Card:
Lose a Greenlight Card or want to temporarily disable your child or older adult’s card? No sweat. Simply turn the card off within the Greenlight app. Primary Accountholders and Authorized Approvers can turn a card on or off at any time instantly! To see how to turn off their cards, click here.
Comments
Article is closed for comments.