![woman doing headstand](https://www.bankrate.com/2020/11/25135424/Deposits_What_is_the_available_balance_in_your_bank_account.jpg?auto=webp&fit=crop&width=230&height=150)
Available balance vs. current balance: What’s the difference?
Your bank accounts have two separate balances: the current balance and the available balance. Here’s the distinction.
Karen Bennett is a senior consumer banking reporter at Bankrate. She uses her finance writing background to help readers learn more about savings and checking accounts, CDs, and other financial matters.
Karen brings decades of writing and reporting experience to the table, including the roles of credit cards writer for travel website Million Mile Secrets and money and career writer for The Cheat Sheet. Her work has also appeared in USA Today, Illinois Legal Times, and several Chicago, Milwaukee, and Washington, D.C. newspapers. In addition, she’s worked in the areas of marketing and business development, and she was product manager for a consumer money-saving website.
When she’s not writing Bankrate articles, she can often be found cheering her kids on at soccer games, cooking and reading up on saving for retirement and other personal finance topics.
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Explore the top CD rates today and learn how economic trends can affect your rate. Bankrate provides valuable insights to find the best CD products to maximize your savings.
Explore the top CD rates today and learn how economic trends can affect your rate. Bankrate provides valuable insights to find the best CD products to maximize your savings.
Explore the top CD rates today and learn how economic trends can affect your rate. Bankrate provides valuable insights to find the best CD products to maximize your savings.
Explore the top CD rates today and learn how economic trends can affect your rate. Bankrate provides valuable insights to find the best CD products to maximize your savings.
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