Credit card available more than balance
I've attached two pics in case there is any confusion with my wording.
My credit card available (USAA LL - Karina) is higher than my balance. These number are typically the same. What causes this discrepancy? Does this mean I have extra cash to move around?
Hi Justin !
That is exactly what that means! :)
There are a few things that can cause your credit card Available balance to be higher than your actual credit card balance (cashback rewards, refunds/returns, any account adjustments). When that happens, you can move the extra funds to your other categories - so long as you keep the Available balance in line with the account balance. Since your balance is $2,092.62 but your Available amount is $2,489.22, you have $396.60 that you can use in other categories. :)