What is a pending transaction?
A “Pending Transaction” is a purchase that is waiting for authorization. Simply stated, you made a purchase with your account, but the transaction is waiting for final settlement with the merchant. During this time period, you will not have access to those funds associated with pending transactions. Settlement typically occurs within 2-5 business days. At that time, the “pending” status is removed from the transaction.
Pending transactions include credits and debits that have not yet posted to your account history. This may include items such as Check Card purchases, cashed checks, and other holds applied to your available balance. A purchase made with your Check Card will debit your account at the time of the transaction and the funds are placed on temporary hold for one business day. If we do not receive the completed transaction from the merchant within that time frame the pending debit is released. Once we receive the completed transaction from the merchant the debit will post to your account history. In some cases the amount of the pending transaction may not match the actual amount of the transaction. This is because some merchants request us to authorize a general amount such as $1 or the amount that they estimate you will spend, which could be higher or lower than the actual amount of the transaction. When the transaction posts, your account is charged the amount of the transaction presented
A pending transaction is an item that has not yet posted to your account but is pending and therefore held against your available credit. Normally, a pending item converts into a posted transaction, but if a merchant does not complete the transaction it will expire and the temporary funds hold will be removed. If you see a transaction listed below as pending that already shows as posted to your account, it is no longer holding from your available credit. It will display in both locations until your next statement cycle closing date.
A Pending Transaction is a temporary charge held against your eccount (your available funds) relating to: 1. A transaction (purchase or cash withdrawal) you’ve made using your JB Card, which has been authorised for payment, but has not yet reached your eccount. 2. ‘Reserved’ funds requested by certain retailers. (e.g. upon check-in, some hotels take your JB Card details for an ‘authorisation transaction’ that reserves enough funds to cover your bill). 3. A payment or cash withdrawal you’ve made to your eccount which has not yet cleared.
A Pending Transaction is a temporary charge held against your eccount (your available funds) relating to: 1. A transaction (purchase or cash withdrawal) you’ve made using your Tuxedo Card, which has been authorised for payment, but has not yet reached your eccount. 2. ‘Reserved’ funds requested by certain retailers. (e.g. upon check-in, some hotels take your Tuxedo Card details for an ‘authorisation transaction’ that reserves enough funds to cover your bill). 3. A payment or cash withdrawal you’ve made to your eccount which has not yet cleared.
