The amount that you have available to spend on your card is calculated based on a combination of the following:
- Credit Limit - how much you can spend on your credit card.
- Current Balance - the current total balance on your credit line. This includes your prior statement balance and any settled transactions in your current statement, minus payments you have completed or credits or refunds you’ve received.
- Pending Transactions - typically take a few days to settle, after which your account will reflect your new Card Account balance.