What's the difference between a "balance" and an "available balance"?

It says I have $193 in my available balance and $350 in my balance.





What's the difference? Can I spend more than the $193?|||It means you have debts on your credit card or checking account that the bank has not paid or posted yet. On paper it shows you have $350. But once the debits are subtracted you will only have $193. So YES, it means you have only $193 available. You CANNOT spend more than the $193 because that is all you have. If you spend more than that your interest rate will immediately go thru the roof. You DO NOT want that to happen.|||There are 2 possible reasons for the difference.





1. You made a deposit recently that a hold was placed on. This is unlikely due to the relatively small difference.





2. You have pending transactions totally 157 dollars. These could be debit card purchases or automatic payments for insurance rent, ETC. If the transactions have not posted yet (which happens overnight) then they will not be reflected in you "Balance" but the funds have been spent so the money is no longer "available" to you.|||Balance: How much you really have in the bank


Available Balance: How much you can take out. IF YOU TAKE OUT MORE THEN WHAT YOUR AVAILABLE BALANCE SAYS YOU CAN GET OVERDRAW CHARGES!! Always try to stay within your Available Balance limits or you may have fun trying to pay the fees or get waived.|||There is probably a restriction on how much you can withdraw from your bank at a time, hence the available balance.