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Greenlight is a mobile banking app designed for families that pairs a parent-controlled primary account with debit cards for children. It helps manage allowances, savings, chores and spending with parental controls.
The service is aimed at parents and guardians who want to teach financial responsibility to children while retaining visibility and control over funds and spending. It combines an app, a card, and parental account controls.
If you close the account in the app, access to the app and any linked cards is revoked immediately. You will no longer be able to use the card or the app features tied to that account.
On account closure, any held investments are sold at market value and the remaining balance is refunded to your original funding source.
When you close an account in the app, remaining balances are refunded to the original funding source. Investments are sold at market value before refunding.
Pricing details for Greenlight plans were not available in the verified information provided. Please contact Greenlight directly or check the app for current plan details.
Open the Greenlight app or check account settings for plan details and billing information, or contact customer support from within the app for up-to-date pricing.
| Plan | Price | Period |
|---|---|---|
| Contact for pricing | Please contact Greenlight | Contact for pricing |
South African consumers are protected by the Consumer Protection Act and related regulations which require fair, transparent and honest business practices.
Specific rights and remedies depend on the nature of the product or service and the terms agreed at purchase.
A frequent mistake is assuming cancelling within the Greenlight app will stop App Store or Google Play subscriptions. Those must be cancelled in the respective store.
Another common error is expecting instant refunds. Account closure refunds are processed in about 5 - 7 business days and debit-card refunds can take 2 - 3 business days after processing.
The key difference is where you cancel: in-app closure gives immediate deactivation and Greenlight-processed refunds, while App Store/Google Play cancellations must be handled through those platforms and provide access until the current period ends.
If you are the Primary Accountholder and want the account closed and the card disabled immediately, use the in-app Close account option.
| Feature | In-App (Greenlight app) | App Store / Google Play |
|---|---|---|
| Where to cancel | Settings → Account → Close account | Cancel subscription in Apple ID or Google Play subscriptions |
| Effect timing | Immediate; app and card access revoked | Access remains until end of paid period |
| Refund processing | Investments sold; refunds to original funding source in ~5 - 7 business days | Refund and billing issues handled by the store (Apple/Google) per their policies |
| Action required for refund | No fee; refund initiated by Greenlight after closure | Request refund through Apple/Google Play; Greenlight cannot cancel on your behalf |
Use the app’s support or help section to raise any post-cancellation questions. If the subscription was via Apple or Google, use their support channels for billing disputes.
Office 8, Gardenia House, Fairway Green Office Park, 3 Abrey Road, Kloof, Durban 3610, Kwa‑Zulu Natal, South Africa.
For account-specific matters, contact support from within the Greenlight app so your account details are available to the support team.
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Written by Bongani Smit
Digital-law graduate · 3 years experience
Graduate in digital law and passionate about secure written communication, I have been writing guides on certified mail and electronic registered delivery for 3 years.