Skip to main content
All CollectionsHausMoney Charge CardHausMoney™ Checking
HausMoney™: How do pending transactions impact my available balance
HausMoney™: How do pending transactions impact my available balance

This article provides guidance on what a pending transaction is and the impact it has on your available balance.

Updated this week

In your HausMoney™ app, you will be able to identify any transaction that is pending and therefore affecting your available balance. These transactions are tagged as PENDING.

A pending transaction is a recent card transaction that has not yet been fully processed by the merchant. Most people also reference these types of pending transactions as pre-authorized funds held.

Tip: Use your PIN when making transactions as often as possible. Why? Your account's Available Balance can be impacted by charge card pre-authorization holds for "credit" or "signature" transactions. This does not include PIN-based or "debit" transactions.

Why Does This Matter?

There are a few reasons why this may matter to you:

  1. You have two balances available to view in your HausMoney app: Available Balance and Current Balance. You may find a difference in these two balances if you have a transaction(s) that is pending and not yet processed. Pending transactions can impact your Available Balance, which is the amount you currently have available to spend.

    Tip: Here is an article that explains the difference between your current balance and your available balance.

  2. Pre-authorized holds can sometimes take up to seven days to clear and post on your HausMoney account. So, be mindful of this when out making purchases with your HausMoney cards.

Example:

You have a balance of $1,000 in your HausMoney checking account and there are two pending transactions totaling $375 (one for the gas purchase you made for $125 and one for an online hotel reservation for $250). Your available balance at the moment will reflect $625, meaning you currently have $625 available to spend.

Transaction Descriptions:

"Purchase Pre-authorization Hold" is a temporary hold on funds for pending transactions, which will either be posted or expire.

"Nightly Lending Payoff" is a sum of the Charge Card’s daily transactions and does not represent a credit or debit to the account.

Still have questions? Contact your HausMoney Charge Card customer support at [email protected] or 1 (888) 789-1482

Did this answer your question?