Step vs Greenlight
Step: Teen banking + credit building, no fees.
Greenlight: Family banking; chores + parental controls.
Side by side
| Step | Greenlight | |
|---|---|---|
| Category | traditional | traditional |
| Audience | gen z & students | gen alpha · kids & family |
| HQ | Palo Alto, US | Atlanta, US |
| Founded | 2018 | 2014 |
| Custody | Custodial | Custodial |
| Regulation | Partner-bank model | Partner-bank model |
| Licence detail | Partner bank (Evolve) | Partner bank (Community Federal) |
| Card | Visa · Debit + credit builder | MC · Debit |
| Cashback | — | 1% (plan) |
| Yield | ~4% savings goals | Up to 5% savings (plan) |
| Stablecoins | No | No |
| KYC | Yes | Yes |
| Regions | North America | North America |
| Reported users | — | — |
go deeperFull profiles: Step · Greenlight — or run your own comparison of up to four in the directory.
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.