How to give your family an automatic assignment of Amazon gift cards
When your children move to school, they will probably call home from time to time asking for money. If they shop a lot on Amazon (and they probably will), you can speed up this process by setting up an automatic recurring deposit to your Amazon Gift Card balance. Here’s how to set up yours.
The Amazon Allowance feature charges your credit card each month and then sends the amount you choose to someone else’s Amazon account. This is great for giving your kids money while they’re at school, but you can use it with any account you send money to regularly (if your roommate shops online, for example).
To set up an assignment, go to the Amazon website and click Accounts & Lists.
Under “More payment methods”, click Permissions.
On the next page, give your assignment a name (something that indicates who or what it’s supposed to be used on, for example), the email address of the Amazon account you want to send it to, your name, how much want to send them, how often you want to send them money, and when to start the allocation.
You can choose to send money daily, weekly, monthly, biweekly, or once. Make sure you calculate your allowance correctly and choose the correct interval. You don’t want to accidentally send a monthly allowance every week. Once you’re done, click “Sign in to continue” and enter your Amazon account credentials.
Next, choose the payment method you want to use to fund your assignment. The amount you choose will be withdrawn from that payment method each time you pay the allowance, so choose a method that you know will always have the funds available.
Finally, scroll down and click Create Assignment.
The recipient of the allocation will receive an email confirming that they want to receive their money, and will receive the first deposit on the scheduled date. Of course, now that your children will receive money from you without asking, it’s up to you to find a new way to get them to call you from time to time.