What is the difference between an "account balance" and a "available balance"?

This is a dumb question, but i just started an account with US Bank about a month ago and when i called the 1-800-USBank number to find out how much money i currently have in the account it says...your account balance is $199.05 and your available balance is $114.63. I am confused as to what the difference is between an account balance and an available balance. Answers are appreciated.|||Your account balance is the balance you have with Pending transactions. Your available balance is what you have left after those pending transactions have posted.





Your account balance is not what you have available to spend. You have only $114.63 at this point.|||For savings, checking and certificate accounts, the "Available Balance" is the amount currently available for withdrawal from the account. The "Actual Balance" is the total amount on deposit in the account. These amounts could be different under certain circumstances, such as:











If a temporary hold was placed on a check you recently deposited;





If withdrawals are not allowed from the account until a maturity date (such as for a certificate), or due to other restrictions;





If funds have been secured as collateral on a loan;





If you have made a purchase with your debit card and funds are being held until the transaction is posted (remember that some merchants hold funds in an amount different from the actual purchase amount)





Or for another reason according to your credit union's policies and account servicing procedures. Please contact the credit union if you have any questions about the availability of funds from your accounts.|||Your account balance from your bank account is what's currently considered still in your account, however because you have made either credit purchases with your Visa or Mastercard sharecheck, that money is no debited right away but banking systems are smart enough to know that you don't have $199.05 to spend, they're accounting for that credit purchase you made that still needs to be debited. Therefore they subtract that from your available balance and that's what you get.|||Whenever I make a deposit, the "available" balance is the money I actually have access to in the account. the "account balance" is the cash available and the amount of any deposits I have made recently. When the checks clear, all the money becomes "available".|||Here's some info:





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