Why is my "available balance" more than my "balance"?

My checking acct states that I have 396.00 in it, but, my available balance is 799.00... Why is that? You'd think that your available balance would be smaller right?|||Look above that, for "check card holds" etc.


It means that there is an item, expenditure, that has not yet been fully processed. A weird thing I discovered about mine is when it is a restaurant bill, the first amount shown does not include the tip; then, the next time I look at it, the amount is larger. Careful, this can cause you to make an overdraft, if you don't keep a "cushion" of money...a sort of miniature savings account in your checking account.|||There are many reasons why the balances will be different at any given time. Items held by the bank until the funds are collected, or perhaps you have an ACH deposit that is going to come in soon and it's only showing right now as a memo post to your account. Again, the possibilities are endless.





The ONLY balance that you should ever trust is the balance in your check register, provided that you are doing a good job of keeping it updated and balance to your statement on a monthly basis, or more often if you use online banking.





Hope this helps.|||Most likely you have an overdraft on your account of $400 which means the bank will essentially loan you that extra money but it is automatically taken from any deposit into the account if you use it and you will be charged an overdraft fee if you go into it. Overdraft is good for automatic withdrawals of bills because sometimes they do not come out on the dates we expect and if you do not have enough funds in your account it would be covered. This saves a lot of non sufficient fund problems. I suggest you check with your bank to be sure. The other possibility is that you have a daily withdrawal limit and even though you don't have the funds the statement is telling you you could take up to 799 out.|||Two scenarios: The account not been update to the next morning OR


If you have a direct deposit from your job, the amount coming in should add to your balance to become available balance.|||The website hasn't updated yet. It usually takes one business day to process.|||you might have pending charges that havent cleared yet|||hmmmmm. to withdrawl a free 400$ or not is the question. are you sure its not the other way around?