Managing allowances just became easier
Crew now pays allowances for free. Pick the day and amount for each child, and have Crew set a portion aside for savings automatically.
Kids are often ready to understand key concepts like saving and delayed gratification long before they're able to earn significant money on their own.
Allowances can be a powerful tool to teach financial literacy, especially for younger children.
At Crew we believe that you shouldn't have to pay for your kids debit card, and that an offering built for your family would include allowances and child spend management for free.
Because of that, we're excited to announce the addition of allowances to Crew's free family banking product today.
Within Crew you can choose what day you’d like allowances to be paid, how much you’d like to pay each child, and even have Crew set aside a portion for savings automatically. We’ve also collected some best practices here to help your family get the most out of your program.
Head to the family tab of the mobile app to set up allowances for your family today!
About Crew
Crew is a banking app for families. Crew provides high interest joint accounts for parents and kids, and supports allowances and safe spending for kids. Learn more at trycrew.com.
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