Current A/C cleared bal...difference of £1

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staffie1
staffie1 Posts: 1,965 Forumite
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in Budgeting & bank accounts
This has been covered on a previous thread but I can't find it - if you have the link, pls advise.

On my Barclays online banking, a difference of £1 has appeared between the cleared balance and the actual balance. I've not spent £1, and it appeared a few days ago and it's still sitting there. Nothing appears in the transaction detail. What does the £1 represent?:confused:
If you will the end, you must will the means.

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  • Lokolo
    Lokolo Posts: 20,861 Forumite
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    I asked this about a month ago because it happened with my HSBC account.

    It means nothing, it goes after a while lol. Others suggested that it maybe a test transaction to see if you have a balance but then never fully goes through.
  • staffie1
    staffie1 Posts: 1,965 Forumite
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    who would test to see if there's a balance and why...?
    If you will the end, you must will the means.
  • CG19a
    CG19a Posts: 765 Forumite
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    Sometimes, if you have used your card for ID verification it can cause this. I know from personal experience that the Carphone Warehouse take £1 off your card then put it straight back to check your ID for new contracts. I think I also had this happen when I signed up for Experian.
  • staffie1
    staffie1 Posts: 1,965 Forumite
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    :confused: not used my card for anything like that.
    If you will the end, you must will the means.
  • 456789
    456789 Posts: 2,305 Forumite
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    Signed upto paypal? they could do something like this or any dvd renting firm or something?
  • rb10
    rb10 Posts: 6,334 Forumite
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    Or registered for Verified by Visa / Mastercard Secure?
  • Mikeyorks
    Mikeyorks Posts: 10,369 Forumite
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    Home shopping at Asda / Tesco?
    If you want to test the depth of the water .........don't use both feet !
  • withabix
    withabix Posts: 9,508 Forumite
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    Many transactions will first appear as a £1 'reservation'. This is normal.
    British Ex-pat in British Columbia!
  • sutton111
    sutton111 Posts: 6,302 Forumite
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    Play.com did it to me.
  • staffie1
    staffie1 Posts: 1,965 Forumite
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    No, not signed up to any of these things recently. Have used Verified by Visa for an online transaction, but have been registered for a long time, and the full value of the transaction has gone through already.

    Only thing I can think of is that I recently opened a First Direct current account and a savings account. The terms state that £1 is required to open the savings account, but the £1 has not left my old bank account or been credited to the new savings account. Perhaps it's something to do with that...?
    If you will the end, you must will the means.
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