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titleWhat is a pending transaction?

A pending transaction occurs when a transaction (usually using a credit or debit card) has been recorded

,

but has not yet been processed. Your financial institution will report this on your account, but it may take up to seven days to clear. Pending transactions do not always result in a cleared transaction. For example, a hotel may put a 50-dollar

or greater

hold on your account in anticipation of room expenses

, but

. The bank will count this as a pending transaction. However, if those expenses do not occur, then the hold will disappear. Likewise, if the amount differs from the original hold, such as adding a gratuity to a restaurant bill, then the amount of the cleared transaction may be different from the pending transaction. For more information, see Pending Transactions.


Pending transaction preferences are used to set whether or not to view pending transactions globally, for a specific spending account, and whether or not to use pending transactions in your account totals.

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View Pending Transaction Preferences

  1. Select the Edit menu.
  2. Select Preferences. The Preferences window will appear.
  3. On the left panel, select Pending Transctions.
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Turn Pending Transactions on or off globally

To turn Pending Transactions on or off, click the ON/OFF switch on the Pending Transactions preferences screen (See above). This will turn on pending transactions for all capable account. To select specific accounts, see the next heading.

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