Update users information monthly on specific day

To update users information monthly on specific day is possible?

User will buy point in our app and get the point monthly.
The app give users the point on specific day.(Actually, the day is the day that user buy the point.)
For example, user buy the point and get 10,000point on 12/10/20, the user will get point on every 10day.

Is it possible? I think scheduled workflow.
Let me know the hint about it.

Thanks.

Scheduled recursive backend wf

Yes, backend workflow.

Schedule the workflow to run every hour/day to check if its that specific day for the users.

You then pass that through to a ENDPOINT

You then schedule the workflow to rerun an hour/day from now

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