Amazon first launched Amazon Allowance in June, 2015 allowing Amazon users to give other Amazon users a once off or recurring ‘allowance’. When it was first launched it was useful as the minimum recurring allowance you could give was $0.50, this meant it was a way to generate debit or credit card transactions (debit card transactions are often needed for rewards checking accounts). Unfortunately that was short lived as Amazon increased the minimum to $5 in August of 2015. Amazon has now announced that the Amazon Allowance program will be discontinued on July 30th, 2020.
Hat tip to reader Jonathan S
