How much money do i have in my bank?

Question

I have joined to internet banking don't understand how much money i have this is want its says

Account balance: £45.26 CR

Available balance: £115.26

Overdraft limit: £250.00

so what does it mean do i have £45.26 or £115 and is my overdraft included in the in available balance. if it helps I'm with lloyd tsb

Answer 1

You might have something waiting to come off your account like an outstanding cheque or a switch payment.  The available balance would normally include your overdraft.  Phone their helpline to clarify it and be careful not to go over your overdraft limit or they will probably hammer you with charges.

Answer 2

i think it means you have £115.26.  ÃƒÂ‚£45.26 is what is in your account but has been taken for things like a direct debit for cartalogue or whatever you have and your over  draft limit is £250 with you have so far not used

Answer 3

£115.26, this includes your overdraft

it would help more with your account number and sort code, lol

Answer 4

Sounds like someone has just put £70 in.

Overdraft is seperate.

Be safe, just call them and they will help.

Answer 5

Your actual balance is £45.26 in credit

Because you have an overdraft of £250 this changes your available balance, which would be £295.26, but you have £180 which is not available, either because you have use your debit card for this amount & it hasn't gone through the account yet, or a cheque has been paid in which is not yet available funds, or a combination of the 2.

If you have used your card for this amount once it comes off the account it will show your balance as £134.74DR, or 134.74 overdrawn, & available balance still as £115.26

If it because a cheque is waiting to clear your balance will still show as £45.26 & available balance as £295.26

If you still can't make sense of this go into your branch & get someone to explain, it is often easier face to face because you can ask questions as you go along.

Please make sure you do understand how it works because it is easy to go over your limit if you don't, then it becomes expensive & not good for your credit rating.