Today, Greenlight announced the Family Cash Card, a credit card designed to help parents save for their kids’ college and family’s future. The Greenlight Family Cash Mastercard was launched via Marqeta’s partnership with FNBO, a top co-brand credit card issuer.
The Family Cash Mastercard is the first of its kind to offer up to 3%* unlimited cash back on all purchases with the option to automatically invest rewards, helping families accelerate long-term savings. This marks the first time Greenlight, known for its award-winning debit card and banking app for kids, is entering the credit card market as the company expands to serve the entire family, and we are proud to be their partner.
Greenlight serves more than 5 million parents and kids, helping families navigate the world of money together. Its award-winning debit card and app teaches kids and teens critical financial skills like how to earn, save, spend wisely and invest. Now, with the Greenlight Family Cash Card, parents can also teach their kids about smart credit habits while building a healthy financial future for their family
We look forward to seeing the success of Greenlight and their expansion into family-first credit products.
Learn more about Greenlight’s Family Cash Card here
Get started with Marqeta’s credit solutions.
The Greenlight Family Cash Card is issued by First National Bank of Omaha (FNBO®), member FDIC, pursuant to license by Mastercard International.
11*Earn unlimited cash back, 3% when you spend $4,000+ a month, 2% when you spend $1,000-$4,000 a month and 1% when you spend <$1,000 a month.[/mfn]