Each time you use our Bitrefill Card, whether to make a purchase, receive a deposit, or interact with your bank, your account records the activity in a specific transaction type.
Knowing what each type means can help you better track your spending, monitor your available balance, and detect any unusual activity.
Below is a breakdown of the most common debit card transaction types and what they represent:
- Settled Transaction
A Settled Transaction is a completed purchase or payment made using your card. The funds have been successfully deducted from your account, and the merchant has finalized the charge.
- Pending Transaction
A Pending Transaction is an authorization hold placed on your account after you make a purchase or payment with your card. The amount is temporarily deducted from your available balance but has not yet been finalized by the merchant. It typically clears within a few business days.
- Declined Transaction
A Declined Transaction occurs when a card payment is not approved. This can happen due to insufficient funds, incorrect card information, card expiration, fraud protection measures, or network issues. No funds are withdrawn when a transaction is declined.
- Confirmed Deposit
A Confirmed Deposit is a completed deposit transaction where funds have been successfully credited to your account. The money is fully available for use.
- Pending Deposit
A Pending Deposit indicates that a deposit is in process but not yet finalized. The funds may not be immediately available until the deposit clears, which can depend on factors such as on-chain confirmations (depending on the deposit method used) and review/processing times from our card issuer partner. In most cases, deposits are confirmed within 24 hours.
- Reversed Deposit
A Reversed Deposit happens when a previously initiated deposit is canceled or returned. This could occur due to an error in the deposit process, a bounced check, or a rejected transfer. The deposited amount is removed from your account balance.