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Deposit in use

Updated over 2 weeks ago

"Deposit in use" refers to the portion of your Atlas Deposit Account currently backing your unpaid balance.

How it works

  • Total deposit: $1,000 in your Atlas Deposit Account.

  • Current balance: $600 spent using your Atlas Card.

  • Deposit in use: $600 now marked as "Deposit in use" — it's held as collateral.

  • Available deposit: $400 (you can still use this for rent, bills, etc.).

What happens when you pay your balance

  • If you pay from a linked bank account:
    Atlas pulls $600 from your bank. The $600 hold is released, and your deposit goes back to $1,000 available.

  • If you pay from your deposit account:
    $600 is withdrawn from your deposit. Your deposit drops to $400, which is also your new available balance.

FAQ

Q: Why did my available deposit drop?

A: Part of it is being held to cover your balance until it’s paid off.

Q: What happens when I pay with my bank account?

A: The hold is released, and your full deposit becomes available again.

Q: What if I pay with my deposit instead?

A: The money is removed, so your deposit amount—and Spend Power—goes down.

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