Current balance
Your current balance includes transactions that your financial institution has completed and added to the account.
Example
Current balance
$1,500
Pending card purchase
$120
The $120 purchase may not be included in the current balance yet because it is still pending.
Available balance
Your available balance is the amount your financial institution says is currently available to spend or withdraw.
Example
Current balance
$1,500
Pending purchase
−$120
Available balance
$1,380
The available balance is lower because the pending purchase has already been set aside.
Why the balances may be different
Your current and available balances may be different because of:
- Pending purchases
- Deposits that have not cleared
- Card authorization holds
- Scheduled payments
- Bank fees
- Credit limits
- Payments that are still processing
The exact calculation depends on your financial institution and account type.
Checking and savings accounts
For checking and savings accounts, your available balance may be lower than your current balance when money is being held for a pending purchase or withdrawal. It may also be lower when a recent deposit is still being reviewed.
Example
Current balance
$2,000
Recent check deposit
$500
Amount available now
$1,700
Your bank may not make the full deposit available right away.
Credit card accounts
Credit cards may show several different numbers, including:
- Current balance
- Statement balance
- Available credit
- Credit limit
- Minimum payment
- Amount due
Example
Credit limit
$5,000
Current balance
$1,200
Available credit
$3,800
A pending purchase may lower your available credit before it is added to your current balance.
Learn more about understanding your credit card balance.
Why the balance in Rankk may not match your bank
Rankk shows the balance information provided by your connected financial institution through Plaid or another supported direct connection.
The numbers may briefly look different when:
- A transaction is still pending
- Your account has not updated yet
- Your institution sends one balance before another
- A deposit or payment is still processing
- Your bank uses a different balance type
The financial institution’s app or website is the best place to confirm the exact amount currently available to spend or withdraw.
Which balance does Rankk use?
Rankk may use the balance provided by your financial institution that best matches the account and feature being shown. For example, Rankk may use account balance information when calculating:
- Cash balances
- Debt totals
- Net worth
- Available funds
- Monthly budgets
- Financial forecasts
- Rankk AI answers
The balance used may depend on the account type and the information your financial institution provides.
What should I do if the balance looks wrong?
First, compare the balance in Rankk with the balance shown by your financial institution.
- Check whether there are pending transactions.
- Check when the account last updated.
- Refresh or reconnect the account if Rankk says it needs attention.
- Wait for recent payments or deposits to finish processing.
Read Why is my financial account information missing or outdated? for more help.