Video transcript: Chase First Banking Determine & Set Allowance: Set up a recurring allowance to give your child money to spend or save
Note:
Cheerful music plays.
On screen:
This video shows text and a mobile device displaying the Chase Mobile App. An illustration of a lightbulb appears, with the video's title.
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Helpful Tips
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A mobile device displays the word "Chase" and the Chase octagon symbol.
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Chase First Banking (service mark). You can set up a recurring allowance to give your child money to spend, save or both.
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The mobile device displays the Chase Mobile app, which shows information regarding different Chase accounts.
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Sign in to your Chase Mobile (registered trademark) app and tap the Chase First Banking account.
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A cursor taps on that button and then a "Spend" screen appears displaying account information, and three tab buttons marked:
- Spend
- Save
- Earn
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To set up an allowance and have money automatically transferred on a schedule you choose, tap Earn.
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The cursor taps on that button and then an "Earn" screen appears, listing options including:
- Create an allowance
- Assign a chore
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Tap Create an allowance to get started.
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The cursor taps on that button, and then a screen appears reading: "Create Allowance." The screen displays buttons marked with different monetary denominations and a fillable field to enter a specific amount. The screen also allows the options of selecting:
- the account to draw from
- allowance's purpose
- its frequency
A button marked "Next" is at the bottom of the screen.
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Select one of the amounts shown or enter a specific dollar amount you choose.
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The cursor selects a button marked $25.
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Choose the account where the allowance will come from. Then pick where you want the allowance to go to.
You have options:
- Spend anywhere
- General savings
- Split the allowance between the two
Now, tap on Frequency.
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The cursor taps on the "Frequency" button and then a pop-up screen appears, showing different options. A button at the bottom of the screen reads "Done."
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How often would you like to give your child their allowance? Select your desired frequency – weekly, every two weeks or once a month.
Then choose the day of the week or month.
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The cursor selects preferences and then taps the "Done" button. The pop-up screen disappears, showing the "Create Allowance" screen.
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Tap Next.
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The cursor taps the "Next" button, at the bottom of the screen, and then a pop-up confirmation screen appears. It reads "Does everything look OK?" and displays two buttons marked:
- Looks good
- Cancel
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Give it the once over. If everything is how you want it, tap Looks good.
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The cursor taps that button and then a confirmation screen appears, reading: "Your allowance has been created." The screen displays a button marked "Done."
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Allowance allowed! Tap Done.
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The cursor taps the done button and then the "Earn" screen re-appears. A tile marked "Allowance," displays a toggle button.
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If you want to temporarily stop the allowance, use the toggle button to turn it off and back on. It won't delete the allowance settings. You child can't add or edit an allowance, no matter how much they may want to. Pro Tip: You can also delete the allowance. Just tap on Edit Allowance.
Chase First Banking (service mark). Helping you teach your kids about money with just the right amount of parental control.
To learn more about your Chase First Banking account, go to: chase.com/FirstBankingFAQ.
Logo:
The Chase octagon symbol.
On screen:
Chase. Make More Of What's Yours (Registered trademark.)
Note:
Legal disclosures appear.
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Chase Mobile (registered trademark) app is available for select mobile devices. Enroll in Chase Online (service mark) or on the Chase Mobile app. Message and data rates may apply.
The parent/guardian is the owner of the account and must have an online profile and one of these other qualified Chase checking accounts to open; a Chase Secure Checking (Service mark), Chase Total Checking (Registered trademark), Chase Premier Plus Checking (Service mark), Chase Sapphire (Service mark) Checking, Chase Better Banking (Registered trademark) Checking, Chase Premier Checking (Service mark), Chase Checking (Service mark) or a Chase Private Client Checking (Service mark) account. Benefits offered to these checking accounts do not apply to Chase First Banking accounts.
JPMorgan Chase Bank, N.A. Member FDIC © 2026 JPMorgan Chase and Company.