Desco account will not link without calling to do so
Bugs out trying to link AMEX
They keep stealing from us
UPDATE: After writing this review, I finally heard from a customer service rep. It took a couple of days, but they refunded a year’s worth of fees they had been stealing from my child’s savings account. I regard this as a good step and I’m grateful for the help, but I still believe this firm operates on a policy of poor customer service in order to generate fees for profits. They didn’t care for months and months and months: it was only when I publicly called them out here that they did anything. I’m sure there are more honest providers for you to use with your child’s banking.
Won’t help with fraud
Kids trying to spend money
Five stars
Great Functionality, App Design Less So
Awful for transition to Adulthood!!
If you gat kids and you love to invest, this is a must have in your portfolio of apps!
Horrible app
Needs some improvements to the chore feature
Can’t withdraw money from wallet.
Great for Kids!!
They keep stealing from us
Deceiving
Geolocation
Not a bank
If only a -1 star was possible… 😡 👎
Disclaimer: I’m not trying to go after any individuals that were just working their job, I know it’s not their fault individually so I hope I do not sour anyone’s day except for the executives who made this absolute Greek tragedy possible.
This started after I transferred money out of the account. That is a completely normal financial transaction. People transfer money between accounts every day. There are millions of precedents for financial institutions handling transactions like this and resolving any resulting account issues within a matter of days, not more than a month. I understand that security procedures exist. What I don’t understand is how a company can take this long to resolve what should be a routine issue.
The communication from Greenlight throughout this process has been just as bad. When I first contacted them over a month ago, I was given two important pieces of information about my situation. Both turned out to be completely false. There was no evidence supporting what I had been told, and I was left with a completely wrong understanding of what was happening with my account. That is a serious failure on Greenlight’s part, because customers have to be able to trust the information they receive about their own money.
Then came the constant claims that the problem was fixed.
About two weeks ago, Greenlight told me my account was working again. It wasn’t. I still couldn’t withdraw money or invest. I told them this, and I was told the problem had been fixed again. A week later, it still wasn’t fixed. Then, a few days ago, I was told once again that the issue had been resolved.
At this point, I have been told multiple times that the problem is fixed when I could immediately demonstrate that it wasn’t.
I also had a substantial amount of money sitting in this account the entire time. I couldn’t access it, invest it, or make the investment decisions I otherwise would have made. I had specific investments I would have made during this period, and I believe I could have made thousands of dollars from those opportunities. I don’t think Greenlight gets to simply shrug at that.
I know enough about the financial industry to understand that problems happen. I am not expecting perfection. But a problem like this should be resolved in days, not dragged out for over a month. There are millions of cases of financial institutions dealing with account restrictions, transfers, verification issues, and similar problems and resolving them within a few days. More than a month is completely unreasonable.
This wasn’t one employee having a bad day. The employees I dealt with were generally just relaying what Greenlight’s systems and management were telling them. The failure here is with Greenlight as a company and the people responsible for designing, managing, and overseeing this process.
A company that handles people’s money should be embarrassed by this. Greenlight took a problem that should have been resolved in days and turned it into a month-long ordeal where I repeatedly received incorrect information and repeatedly heard that the issue was fixed when it wasn’t.
That is an unacceptable way to handle someone’s money.
Again, I’m not trying to go after any employees because they are required to rely on the information of this messed up, incompetent, and crook of a system. And the thousands of dollars I would’ve made, that’s not wishful thinking, those are the result of investments that I actually tried to make and got refuted. And remember thousands is just a conservative estimate.
