Once parents have money in the Wallet, the App can be used to allocate funds from the Wallet to each of your kids’ Card or their Vault by transferring money directly to the child’s Card or Vault, setting up allowances, and paying for completed chores. An ACH transfer, from customer’s bank to Wallet, will take 3-5 business days.
Family Money makes it easy to add funds to the kid's accounts (Card and/or Vault) and transferring money between family accounts within the App.
- Simply open the App and navigate to the Transfer screen
- Tap Add at the top of the screen to transfer money to the kid's account
- Use the keyboard or tap + or - to insert the amount
- Select the Kid (when more than one child in your family account)
- Select the account type: Vault or Card
- Click Next and Confirm the details of the transfer
