What is current and available balance?

What is current and available balance?


What's the difference?


Which one is the "real" balance?


Which one is the one that really matters?





Thank you.|||if you have a credit card and you look online at your current and available balances.


lets say your credit card has a limit of $500.00


lets say you use your credit card to a $50.00 shirt. the transaction goes through.





current balance(a.k.a outstanding balance) is $50.00


available balance is $450.00





*current balance(a.k.a outstanding balance) is what you owe %26lt;-shirt you bought


*available balance is what you have left on your credit card limit.





the "real" balance would the current balance (a.k.a outstanding balance) because you have to pay for it when the bill comes.





they both matter. because you need to know what you have available so you dont go over the limit and pay a fee (credit card gets declined). you need to know the current balance(a.k.a outstanding balance) to know how much you need to pay back.





hope this helps.|||Current balance is what's in your account. Available balance is what's in your account when whatever is pending goes through. If you made a debit card purchase, it could be a pending debit; not yet deducted. The available balance is the one you need to pay attention to.