Your ‘Available Balance’ represents funds available for withdrawal (or for spending). The difference between ‘Balance’ and ‘Available Balance’ is what is 'Pending.' Pending transactions are usually recent deposits you’ve made that are still on hold, payments that are in the process of being sent or Card transactions that have not yet completed – such as when you make a purchase and sign for it.
Your ‘Available Balance’ might also differ from your ‘Balance’ if there are pending electronic transfers due to clear during overnight processing. An example might include when you use your Card for a security deposit at a car rental agency.
Interest starts accruing on your deposit starting the next business day after being processed.
All deposits into a 360 Savings and Kids Savings Account are subject to a 5 business day hold before they can be withdrawn. For security reasons, your initial deposit used to fund the account is on hold and unavailable for withdrawal for 10 business days.
Note: Your initial deposit must clear the initial 10 business day hold time before any additional deposits become available. For example, if you make your initial deposit on December 8th and make an additional deposit December 11th, both deposits will be on hold until the first deposit clears the initial 10 business day hold.
Electronic deposits that are automatically initiated outside the bank – like Direct Deposit or Social Security benefits – are available immediately. Transfers between Capital One 360 accounts are also available immediately. Both begin earning interest right away.
Deposits into 360 Checking are slightly different. Learn more.
360 Checking and MONEY:
That depends on the type of deposit you make. Deposits pulled from your external linked checking account are on hold for 2 business days and are unavailable for withdrawal during that time. Check deposits are also on hold for 2 business days; however, the first $200 of the total check deposit amount is made available the next business day. Deposits begin earning interest on the 2nd business day after the transaction is initiated. (If you're depositing a check from another 360 Checking or from a Capital One Bank account, the entire amount of the check will be available the next business day.)
Deposits that are automatically originated outside the bank that come to us electronically – like Direct Deposit or Social Security benefits – are generally available immediately. Transfers between Capital One 360 accounts are also available immediately. Both begin earning interest right away.
Keep in mind, checks deposited using CheckMate have slightly different hold times than regular transfers. Learn More
Checks deposited using CheckMate or a deposit taking ATM have slightly different hold times than regular transfers. Here’s the breakdown:
For some deposits, like Federal checks, the total amount of the funds will be made available the next business day.
Here are a few examples:
Note: For checks deposited into 360 Checking or MONEY via a check deposit taking ATM, the cut-off time to make check deposits is 9 PM ET (vs. the usual cut-off time of 5 PM ET).