In your HausMoney™ app, you can 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 to Spend Balance can be impacted by card pre-authorization holds for "credit" or "signature" transactions. This does not include PIN-based transactions.
Why Does This Matter?
There are a few reasons why this may matter to you:
Available to Spend Balance
Pending transactions can impact your Available to Spend Balance, which is the amount you currently have available to spend.
Pending Payouts mean the app is processing internally for security. This doesn't usually block access to funds shown in your "Available to Spend" balance.
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 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