Current Balance vs. Available Balance: What's the Difference?

It can be confusing to see two different types of balances in your account. But there’s a reason why this happens. Current Balance shows the balance that’s updated every time a transaction actually posts through a deposit or withdrawal. This amount does not reflect holds or pending transactions.

Available Balance is different. This is the portion of your balance that’s available for use. It’s the current balance minus any holds or pending debits. If you use your ATM/Debit Card for transactions or purchases, those transactions don’t post immediately. That’s because USECU electronically requests the amount of the purchase from the vendor at the time of purchase so it can be approved or declined by the merchant. However, the actual charge can take days to be approved by the merchant’s processor and withdrawn from your account.

It’s important to know that if the available balance in your account is negative, your account is considered to be overdrawn. In addition, even though your available balance might show there are sufficient funds to cover a transaction, your available balance doesn’t reflect all your outstanding checks, automatic bill payments, debit card activity or other outstanding transactions. In the case of debit card transactions, if a merchant doesn’t approve the payment within three business days, or 30 days for certain other transaction types, we’re required to release the authorization hold. If this happens, your available balance will not reflect this transaction, even as a pending transaction, and it might affect the way your available balance appears.

Your account might also not reflect one or more recent deposits, affecting the way your available balance appears.