Available Funds

You’re at the store and need to buy wine (yes, need...it’s been a long day), but you’re not sure how much cash you have in your checking account. You log into your account to see two balances: an available balance (or available funds) of $400, and a current balance of $600. Which do you rely on?

The answer is available funds. Your available funds reflect the money you can blow at this very moment in time. It’s there, and ready to be spent. Available funds are seen in real time. They change every time your latest debit hits the bank and reflect these transactions throughout the day.

Your current funds reflect yesterday’s balance at the end of the day. So if you've got your eye on a $450 bottle of vino, best downgrade for today.