diff --git a/examples/update_balance_allowance.py b/examples/update_balance_allowance.py
new file mode 100644
index 0000000..ceee7b3
--- /dev/null
+++ b/examples/update_balance_allowance.py
@@ -0,0 +1,44 @@
+import os
+
+from py_clob_client.client import ClobClient
+from py_clob_client.clob_types import ApiCreds, BalanceAllowanceParams, AssetType
+from dotenv import load_dotenv
+from py_clob_client.constants import AMOY
+
+load_dotenv()
+
+
+def main():
+    host = "http://localhost:8080"
+    key = os.getenv("PK")
+    creds = ApiCreds(
+        api_key=os.getenv("CLOB_API_KEY"),
+        api_secret=os.getenv("CLOB_SECRET"),
+        api_passphrase=os.getenv("CLOB_PASS_PHRASE"),
+    )
+    chain_id = AMOY
+    client = ClobClient(host, key=key, chain_id=chain_id, creds=creds)
+
+    # USDC
+    client.update_balance_allowance(
+        params=BalanceAllowanceParams(asset_type=AssetType.COLLATERAL)
+    )
+
+    # YES
+    client.update_balance_allowance(
+        params=BalanceAllowanceParams(
+            asset_type=AssetType.CONDITIONAL,
+            token_id="52114319501245915516055106046884209969926127482827954674443846427813813222426",
+        )
+    )
+
+    # NO
+    client.update_balance_allowance(
+        params=BalanceAllowanceParams(
+            asset_type=AssetType.CONDITIONAL,
+            token_id="71321045679252212594626385532706912750332728571942532289631379312455583992563",
+        )
+    )
+
+
+main()
diff --git a/py_clob_client/client.py b/py_clob_client/client.py
index c00d51f..8fb6a1d 100644
--- a/py_clob_client/client.py
+++ b/py_clob_client/client.py
@@ -26,6 +26,7 @@
     GET_NOTIFICATIONS,
     DROP_NOTIFICATIONS,
     GET_BALANCE_ALLOWANCE,
+    UPDATE_BALANCE_ALLOWANCE,
     IS_ORDER_SCORING,
     GET_TICK_SIZE,
     ARE_ORDERS_SCORING,
@@ -603,6 +604,21 @@ def get_balance_allowance(self, params: BalanceAllowanceParams = None):
         )
         return get(url, headers=headers)
 
+    def update_balance_allowance(self, params: BalanceAllowanceParams = None):
+        """
+        Updates the balance & allowance for a user
+        Requires Level 2 authentication
+        """
+        self.assert_level_2_auth()
+        request_args = RequestArgs(method="GET", request_path=UPDATE_BALANCE_ALLOWANCE)
+        headers = create_level_2_headers(self.signer, self.creds, request_args)
+        if params.signature_type == -1:
+            params.signature_type = self.builder.sig_type
+        url = add_balance_allowance_params_to_url(
+            "{}{}".format(self.host, UPDATE_BALANCE_ALLOWANCE), params
+        )
+        return get(url, headers=headers)
+
     def is_order_scoring(self, params: OrderScoringParams):
         """
         Check if the order is currently scoring
diff --git a/py_clob_client/endpoints.py b/py_clob_client/endpoints.py
index 7f563f2..b1052a5 100644
--- a/py_clob_client/endpoints.py
+++ b/py_clob_client/endpoints.py
@@ -24,6 +24,7 @@
 GET_NOTIFICATIONS = "/notifications"
 DROP_NOTIFICATIONS = "/notifications"
 GET_BALANCE_ALLOWANCE = "/balance-allowance"
+UPDATE_BALANCE_ALLOWANCE = "/balance-allowance/update"
 IS_ORDER_SCORING = "/order-scoring"
 ARE_ORDERS_SCORING = "/orders-scoring"
 GET_TICK_SIZE = "/tick-size"
diff --git a/setup.py b/setup.py
index dc96045..7fa06b2 100644
--- a/setup.py
+++ b/setup.py
@@ -5,7 +5,7 @@
 
 setuptools.setup(
     name="py_clob_client",
-    version="0.16.0",
+    version="0.17.0",
     author="Polymarket Engineering",
     author_email="engineering@polymarket.com",
     maintainer="Polymarket Engineering",