Tell a deposit from a hold
Why money leaves your account before you have been anywhere, and when it comes back.
A deposit is money you have paid. A hold is money set aside and never taken.
A hold shows as pending in your bank app, then falls off by itself.
Key points
- A deposit is money paid; a hold is money set aside
- A hold shows as pending and clears by itself
What to remember
- Pending means set aside. Posted means paid.
- A deposit is paid. A hold is only set aside.
Try this
Look in your bank app for anything marked pending. If one has sat there a week, call the number on the back of your card.
Practice: Tell a deposit from a hold. Your first lesson is free, with no account or card; the rest are part of a Lantern plan. Interactive lessons require JavaScript.