What is a pending charge?
Credit: Johnnie Davis Moment Getty Images
Q:

What is a pending charge?

A:

Quick Answer

A pending charge on a bank account, credit card or debit card is one that has not fully been applied to the account yet, according to Wells Fargo. A pending charge may also be referred to as a pending transaction.

  Know More

Full Answer

Walmart notes that a pending charge may lower the available balance in an account. The hold on funds produced by a pending charge may expire after a certain amount of time determined by the financial institution or after the charge completes and the debit is completed. Commerce Bank states that pending charges may be listed in chronological order and may take several days to post as completed to an account.

Learn more about Credit & Lending

Related Questions

  • Q:

    What is a one-time payment?

    A:

    A one-time payment is a single manual payment a customer makes to a creditor, using a debit card, credit card or bank account draft, states Time Warner Cable. Typically, the customer can pay the total amount due or make a smaller or larger payment.

    Full Answer >
    Filed Under:
  • Q:

    What happens if a card is lost?

    A:

    If a credit or debit card is lost, it can potentially be used by anyone as a credit card unless vendors require photo identification. If someone loses or misplaces a credit card, it's important to report the card as lost or stolen immediately.

    Full Answer >
    Filed Under:
  • Q:

    What are money cards?

    A:

    Money cards are prepaid cards that people use to carry out transactions needing a Visa or Mastercard logo when they haven't been able to qualify for a bank account or a credit card. The main drawback of some of these cards is the fee structure.

    Full Answer >
    Filed Under:
  • Q:

    How do you top up a Red Pocket Mobile account?

    A:

    Top up your Red Pocket Mobile account at GoRedPocket.com using a debit card, credit card, Paypal or checking account. The exact steps to top up your account depend on whether you have an Unlimited account or a PayGo account.

    Full Answer >
    Filed Under:

Explore