What makes up my credit card available credit?
Available credit is the amount that you have available to spend. It is made up of:
- Credit limit
- Less current balance
- Less credit card transactions that have been authorised or pre-authorised (where the final transaction amount is not known upfront), but not yet debited your account.
Examples of pre-authorised transactions include where you have given a credit card pre-authorisation for a hire car or hotel room.