GoHenry vs Greenlight (2026): Fees, FDIC & Controls

Last updated:

The short answer

The first thing to know: in the US, GoHenry became Acorns Early after Acorns acquired it — the card you buy today is Acorns Early, filed with the CFPB under GoHenry USA, Inc. Against Greenlight it splits by household: Acorns Early is $5/month for one kid and leans on the Acorns money-lesson ecosystem; Greenlight is $5.99/month for up to five kids with the deeper parental-control and chore stack. Both hold deposits at the same partner bank.

We may earn a commission when you open an account through links on this site. Rankings and data never depend on it. Read our affiliate disclosure .

Side-by-side comparison of GoHenry (Acorns Early) and Greenlight
Criteria GoHenry (Acorns Early) Greenlight
US brand status Rebranded to Acorns Early after the 2023 Acorns acquisition — US accounts migrated in 2024 Independent — Greenlight Financial Technology
Monthly fee $5 (1 kid) or $10 (up to 4 kids) $5.99 (Core plan, up to 5 kids)
Age range Kids and teens (6-18) Kids and teens
Parental controls Allowance automation, task lists, spending oversight Category spending limits, real-time alerts, instant lock, chores & allowance
Learning / investing Acorns ecosystem — money lessons, quizzes, and investing via the wider Acorns app Savings rewards by plan (2% Core up to 6% top plan); investing with parent approval on Max and up
Deposits held at Community Federal Savings Bank — FDIC cert. 57129 Community Federal Savings Bank — FDIC cert. 57129
CFPB fee filing Filed as GoHenry USA, Inc — product 47547 (agreement effective 2024-06-09) Product 47546 — prepaid agreements on file since 2018
CFPB complaints (company) 0 filed under GoHenry USA, Inc in our latest pull 37 (Greenlight Financial Technology)

Our verdict

Pick by household shape, not brand loyalty. One kid and a family already in the Acorns app: Acorns Early at $5/month keeps the money lessons and investing under one roof. Two or more kids, or a parent who wants the deepest spend controls and chore automation: Greenlight — $5.99 covers up to five kids and the control stack is still the category benchmark. The FDIC structure is identical, so it comes down to price-per-child and which ecosystem you want.

Before comparing feature lists, one fact reshapes the whole question: in the United States, GoHenry no longer exists under that name. Acorns acquired GoHenry in 2023 and migrated the US product into Acorns Early in 2024. So a 2026 shopper typing “GoHenry vs Greenlight” is really comparing Acorns Early — still filed with the CFPB as GoHenry USA, Inc — against Greenlight. The official records make the rest of the comparison unusually clean.

GoHenry vs Greenlight: what the official records show

The two products answer slightly different questions. Acorns Early is a kids debit card wrapped in the Acorns money-lesson ecosystem — allowance automation, task lists, quizzes, and a path into investing through the wider Acorns app. Greenlight is a parental-control system with a card attached: category spending limits, real-time alerts, instant lock, and chores-and-allowance automation, the deepest control stack of any kids card in our ranking. Both are fintech programs, not banks.

The fee math over a school year

Priced for one child, Acorns Early is $5/month ($60 a year) against Greenlight’s $5.99 ($71.88). The order flips the moment a second kid joins: Greenlight’s one Core plan covers up to five children flat, while Acorns Early charges $10/month for up to four. For a single kid the two are within a coffee of each other; for three kids, Greenlight’s per-family pricing is the cheaper structure by a wide margin.

Where your money actually sits

This is the line most comparisons get wrong, and here it collapses to a tie: both programs hold deposits at the same partner bank — Community Federal Savings Bank, FDIC certificate 57129, active in FDIC BankFind at our latest verification. Same certificate, same pass-through structure. Whatever separates these two cards, deposit safety isn’t it, and both fiches on this site track that certificate continuously so a parent can re-check it in minutes.

What the records add on trust

The CFPB files frame the trust question. Acorns Early’s fee schedule is filed under GoHenry USA, Inc (product 47547, agreement effective 2024-06-09); Greenlight’s runs under product 47546 with prepaid agreements on file since 2018 — a longer paper trail. On complaints, our latest pull of the CFPB Consumer Complaint Database shows none under GoHenry USA, Inc and 37 against Greenlight Financial Technology. Both are low counts for programs of this size, and the 37 reflects Greenlight’s much larger install base rather than a red flag — a sanity check, not a decider.

The switch point in practice

Choose Acorns Early if you have one child and want the money lessons and investing under the Acorns roof for $5/month. Choose Greenlight if you have two or more kids, or you want the richest spend controls and chore automation — the control stack that keeps it at #1 in our kids ranking. Read the full Greenlight review and Acorns Early review for the line-by-line record behind each, both re-verified against the CFPB and FDIC on every data refresh.

FAQ

Is GoHenry still available in the US?

Not under that name. Acorns acquired GoHenry in 2023 and folded the US product into Acorns Early in 2024; existing US accounts were migrated. The card is still filed with the CFPB under GoHenry USA, Inc (product 47547), which is why the fee schedule and FDIC record carry through. GoHenry continues under its own name in the UK and Europe.

Is GoHenry (Acorns Early) or Greenlight cheaper?

For a single child, Acorns Early at $5/month edges Greenlight's $5.99. From two kids up, Greenlight is cheaper per child: one $5.99 plan covers up to five, while Acorns Early charges $10 for up to four. The break-even is the second child.

Do GoHenry and Greenlight use the same bank?

Yes. Both route deposits to Community Federal Savings Bank (FDIC certificate 57129, Woodhaven NY), active in FDIC BankFind at our latest verification. Neither company is a bank itself; coverage is pass-through via that partner. The FDIC line is not a differentiator between these two.

Sources

  1. 1. CFPB agreement — GoHenry Card (effective 2024-06-09)
  2. 2. CFPB Prepaid Product Agreements Database — GoHenry (product 47547)
  3. 3. CFPB Prepaid Product Agreements Database — Greenlight (product 47546)
  4. 4. FDIC BankFind — Community Federal Savings Bank (cert. 57129)
  5. 5. Acorns Early — official pricing page (dated snapshot on file)
  6. 6. GoHenry US — official “GoHenry is becoming Acorns Early” announcement