This represents the maximum amount you can currently spend on your Finch Card. Your spending power is dynamic and adjusts based on the amount in your linked bank account, your pending transfers, and spending patterns. While your spending power starts off small, it will increase as you build your relationship with Finch.
Your spending power summary includes your:
- Linked Bank Balance - how much you have available in your linked account as of the last update
- Pending Transfers - amounts in transit and transactions we've spotted you for, any one-time or recurring deposits into Finch, and withdrawals
- Balance After Transfers - linked bank balance minus pending transfers
It can take 3 to 5 days for pending transfers to clear and be reflected in your Linked Bank Account.
Successful repayments help you build your credit. For this reason, always use the Finch app to get an up-to-date linked account balance.