Pending Donations vs. Current Balance - What's the difference?

Within Givebacks on your Payouts page, you will see a section that lists your Pending Donations, Current Balance and Available Funds

What is the difference between these three you ask? Read on, my friends!

Pending Donations: This is cashback earned by your backers, but has not been paid out to you by Givebacks yet. Because of the agreements with merchants, it can take up to serval months for the funds to become available to be paid out to you, once a backer has earned the funds (such as shopping or redeeming an offer). Once givebacks has received the funds from the merchant, they will appear in your current balance.

Current Balance: The current balance is the cashback you have that is either waiting to be paid out or is currently processing. Processing payments are payments that are no longer pending and are yours but are not yet available to be paid out because they are in the process of being "cleared" or moved to your available balance. Similar to your bank account, once you deposit a check, you may see those funds are not available yet to be spent while the check clears but they do appear on your bank statement or in your account.

Available Balance: These are the funds available to be paid out right now. They are fully yours and ready to spend! 

Questions? Contact us.