Setting up an allowance for your teen will create a scheduled, recurring transfer to them daily, weekly, bi-weekly or monthly. You can set these up from the home screen on the Current app after you login by following the steps below:

1. First, tap to view all your accounts, then tap the teen you'd like to set up an allowance for
2. Scroll to the bottom of the home screen
3. Tap "Allowance" and then choose "Setup Allowance"
4. Choose an amount and a funding source for the allowance
5. Set a start date for your allowance to begin on, either today or in the future.
   • Note: If you choose an ACH funding source the allowance will initiate a deposit on the date you choose, the settlement of the deposit will depend on ACH timing and your external bank.
6. Choose a frequency for the allowance. You can choose Daily, Weekly, Bi-weekly, or Monthly
7. To finish setting up the allowance, review it and then tap Confirm