What is my available balance?
Your available balance is the most current record we have about the funds that are available for withdrawal from your account. Your available balance includes:
- All deposits and withdrawals we have posted to your account. It is adjusted throughout the day as we authorize or receive notice of pending transactions. Pending deposits, such as incoming wire transfers, electronic direct deposits, and cash deposited at a Wells Fargo location or ATM, are available for your use on the day we receive the deposit.
- Pending withdrawals, including debit card transactions we authorize and checks/authorized payments known to us, reduce your available balance.
- A portion or all of your check deposits made at a Wells Fargo location or ATM may be immediately available for your use on the day we receive the deposit. Funds not available on the day of the deposit will be available the next business day, unless a hold is placed on the deposit. Refer to your deposit receipt or the Funds Availability Policy in the Account Agreement for detailed funds availability information.
Transcript: Wells Fargo presents - Making Sense of Available Balance
It's a typical busy day. You're on the go, buying gas, groceries…getting things done. As you continue to make purchases, it's important to be aware of the available balance in your checking account. Your account's available balance is the most current record the bank has about the amount of money available for your next purchase or for you to withdraw.
It can change throughout the day, as money moves in and out of your account, because it also includes your pending transactions. But it's important to remember that your available balance includes only the transactions Wells Fargo knows about. Make sure you consider other transactions you may have made that we aren't aware of yet. For example, the check you sent your niece for her birthday that hasn't cashed yet, or your gym membership that is scheduled to be paid automatically from your account in a few days.
For debit card purchases, the bank may not know the final amount of your purchase. For example, if you use your debit card while dining out, the original amount authorized for the meal can change with an added tip.
So as you can see, the variety of ways you spend money influences your available balance. And that makes it very important for you to keep track of your spending. Here are some tips:
- Keep track of all your transactions.
- Set calendar reminders for any automatic payments.
- Use online banking to compare your records to ours.
- Check your balance before making purchases.
Smart but simple money management strategies like these will help you avoid overspending.
You can find your current available balance in online banking, by using the Wells Fargo Mobile app, sending us a text, or giving us a call. And remember-- always factor in transactions that haven't been paid yet when you are trying to decide whether you have enough money for that next purchase.
Have more questions about this? Or any other banking topic? Stop by your local Wells Fargo for a conversation with your neighborhood banker.
What’s not included in my available balance?
- Pending check deposits that have not yet been processed or posted to your account or those that did not receive availability at the time we received the deposit. These funds will be available on the next business day, unless a hold is placed. If a hold is placed on the deposit, generally $200 is available the next business day and the remaining funds will be available when the hold is removed.
- Outstanding checks and automatic payments you have authorized (such as car payments, a gym membership, or other recurring debit card transactions) that have not yet been received by us for payment.
- Debit card transactions authorized by us but not submitted by the merchant for payment within three business days of authorization, or that were never submitted for authorization.
Final transaction amounts for some debit card transactions may be greater than the amount initially authorized (a common occurrence at restaurants where a tip may not appear on the amount initially authorized, but will appear on the final transaction amount). For more details, see "What other factors affect my available balance?" below.
To avoid overspending, it’s a good idea to keep a personal record of your transactions, and compare your record to what you see as your Available Balance with Wells Fargo Online.
How do I view my account history online?
- View your account balance (or select the the account from the Account Summary page if you are already signed on).
- You will see the Account Activity screen with a list of your transactions, starting with the most recent.
How much account activity can I view online?
The amount of history you can view through Wells Fargo Online depends on your type of account:
- Checking, savings, and money market account histories are available with Wells Fargo Online for up to 18 months.
- Line of credit and installment loan account histories are available with Wells Fargo Online for up to 24 months.
- Credit card account histories are available with Wells Fargo Online for up to 90 days or 300 transactions.
If you need information prior to these times, please refer to your account statement. You can view or request a previous statement through Wells Fargo Online, or you can access Statements and Disclosures through the More menu if you are already signed on.
How is my available balance calculated?
We begin with your current posted balance and then adjust for any holds on recent deposits and any pending transactions that are known to the bank.
Current posted balance includes:
- Deposits and withdrawals that have been posted to your account by the end of the previous business day.
Pending transactions include:
- Deposits you made after the previous business day (during the day or over a weekend, for example).
- ATM withdrawals, Wells Fargo Online Bill Pay transactions, and pending debit card transactions that have been authorized but not yet paid from your account.
- Checks and automatic payments received by the bank during the day, which have not yet been fully processed (posted) for payment. Examples of automatic payments are bills you pay by authorizing a third party to obtain the funds directly from your account. Please note: If there is not enough money to cover these transactions during the nightly processing, we may pay the item creating an overdraft or return the item unpaid.
Why are my available and posted balances different?
Your available balance is the most current record we have about the funds that are available for withdrawal from your account.
It includes all deposits and withdrawals that have been posted to your account and it is adjusted throughout the day as we authorize or receive notice of pending transactions.
Your posted balance is your account balance at the end of the last business day. A business day is generally Monday through Friday, except federal holidays. The ending balance does not include any pending transactions that have occurred since the close of the previous business day.
What other factors affect my available balance?
Debit card purchases
If you make a purchase with your debit card, the merchant may request authorization for an initial amount and send us the actual transaction amount later for payment. This is often the case in places where you can add a tip to your bill (such as restaurants or salons), hotels and car rental agencies, where there can be a significant difference between the amount that's authorized initially (authorization hold amount) and the actual transaction amount. The initially authorized amount appears in your pending transactions, but the actual transaction amount is deducted from your account.
For most debit card purchases, we receive the payment request, including the actual transaction amount, within three (3) business days of the transaction. If we don't receive a final payment request from the merchant within three (3) business days, [or up to thirty (30) business days for certain types of debit or ATM card transactions including but not limited to car rental transactions, cash transactions, and international transactions], we release the authorization hold on the transaction. We then remove the transaction from your list of pending transactions and add the funds back to your available balance.
If we receive the payment request at a later date, the actual transaction amount will be deducted from your account at that time. Keep track of your transactions and ensure you have sufficient funds in your accounts to cover the final payment.
Cash deposits and transfers from another Wells Fargo account are immediately available for your use. In addition, a pending cash deposit or transfer from another Wells Fargo account made after the displayed cutoff time (where the deposit was made) will be used to pay your transactions if it is made before we start our nightly process on business day (generally Monday-Friday, except federal holidays).
A portion or all of your check deposits made at a Wells Fargo location or ATM may be immediately available for your use on the day of the deposit, unless a hold is placed. Funds not available on the day of the deposit will be available the next business day or after any applicable holds are removed. A check deposit made before the displayed cutoff time (where the deposit was made) will be used by us to pay your transactions in our nightly process. Occasionally, a hold will be placed which prevents withdrawal of the money until a later date. Further details are provided in our Funds Availability Policy in the Account Agreement.
What are pending transactions?
Pending transactions are transactions that are known to Wells Fargo but have not yet been fully processed (posted) for payment from your account.
For some debit card transactions, the amount you see listed when the transaction is pending may not be the final amount deducted from your account; for example it may not include a tip you might add to a restaurant bill.
Please note that pending transactions may not post to your account in the order listed.
When will my deposit be credited to my account?
If you make your deposit before the displayed banking location, ATM, or mobile banking cut-off time on a business day, we will generally credit the deposit to your account the same business day. If you make your deposit after the cut-off time or on a non-business day, we will credit it to your account on the next business day.
- Business days are Monday through Friday, except for federal holidays.
- Cut-off times are displayed in all locations. The cut-off time for most Wells Fargo ATM locations is 9 pm local time. The cut-off time for deposits using the Wells Fargo mobile banking app is 9 pm Pacific Time.
- Use our locator to find the cut-off times for a banking location or ATM nearest you.
Note: In some cases it may be necessary to place a hold on your deposit. The first $200 is usually available the next business day, but the rest may not be available for several days. If you have questions about a hold that we placed on your deposit, please call 1-800-TO-WELLS (1-800-869-3557).
How can I keep track of my available balance?
Keep a record of all of your transactions and compare your record to what is reflected by the bank.
Adjust your record to include outstanding checks and automatic payments you have authorized (such as car payments, a gym membership, or other recurring debit card transactions) but have not yet been received by the bank.
You can find details about your pending and posted transactions when you view your account activity through Wells Fargo Online.
How can I download my account history?
You can download your account activity into a convenient spreadsheet from within Wells Fargo Online or Quicken® Web Connect. Select download account activity or access Account Services through the More menu if you are already signed on.
By default, the spreadsheet will show your transactions for the last 90 days. However, up to 18 months of account activity may be available.
To access an extended history, choose the time frame you want on the Download Your Account Activity page and click Download.
How do I reactivate my inactive account?
Checking and Savings
Here are common ways you can reactivate your account (some options may not be available for your account):
- Sign on to Wells Fargo Online®, go to Account Summary, and select the option to reactivate your account that is displayed next to the inactive account
- Transfer funds online to this account
- Transfer funds online from the inactive account to another Wells Fargo account
- Make a deposit into this account at a Wells Fargo ATM or banking location, or using Wells Fargo Mobile® Deposit
- Make a withdrawal from this account at a Wells Fargo ATM or banking location
- Write a check that is paid from this account
- Call us anytime at 1-800-869-3557 or visit a Wells Fargo location. To find a banking location near you, visit wellsfargo.com/locator
Time Accounts and Retirement Accounts
Please call us at the following telephone numbers or visit a Wells Fargo location:
- Consumer Time Account (CD) – 1-800-869-3557, 24 hours a day, 7 days a week
- Retirement Savings and Time Accounts (CDs) – 1-800-237-8472, Monday – Friday, 8am – 10pm, Saturday 8am – 5pm Eastern Time.
Customers outside of the United States can call Wells Fargo customer service toll-free from most countries – International Access Codes https://www.wellsfargo.com/help/international-access-codes/
How do I reactivate my dormant account?
Checking, Savings, and Time Accounts
Please call us anytime at 1-800-869-3557 or visit a Wells Fargo location.
Please call us at 1-800-237-8472, Monday – Friday 8am – 10pm, Saturday 8am – 5pm Eastern Time, or visit a Wells Fargo location.
Reactivation may take up to 3 business days. To find a banking location near you, visit wellsfargo.com/locator. Customers outside of the United States can call Wells Fargo customer service toll-free from most countries – International Access Codes https://www.wellsfargo.com/help/international-access-codes/
How do I get information about a levy or legal order process on my account?
To ensure that all of your questions are answered about a Levy or Legal Order Process on your account, please call our Legal Order Processing Department at 480-724-2000. Agents are available Monday through Friday, 8:30 am to 5:00 pm Mountain Time. Levy or Legal Order Process information is not available through email.