Article Summary
This article explains your River cash balance categories, including available funds, interest-earning cash, and reserved cash for active orders.
In the Cash section, you will see your total cash balance broken up into the following categories:
- Available to buy bitcoin
- Cash available to withdraw or Cash available to pay bills or transfer
- Cash earning interest at 3.3%
- Reserved cash
This breakdown explains how you can use your River cash balance.
Available to buy bitcoin
Your available cash to buy bitcoin is the amount of cash in your balance that can be used to purchase bitcoin.
If you have an active Target Buy, an hourly or daily recurring buy, or an hourly or daily supercharged recurring buy funded with a linked bank account, any cash reserved for those orders will not be counted in your available cash to buy bitcoin. If you cancel an active order, the cash that was reserved will then become available to buy bitcoin.
Cash available to withdraw or Cash available to pay bills or transfer
Depending if you are bill pay eligible or not you will either have an "available to withdraw" or an "available to pay bills or transfer" balance. This will be the portion of your cash balance that you can withdraw or pay bills with and transfer. Deposited funds must clear the holding period before they are available to withdraw.
Cash earning interest at 3.3%
This is the amount of your River cash balance that is earning interest. Cash deposited at River will automatically start earning interest within 2 business days. For more information on Bitcoin Interest on Cash, please see this Help Center article.
Reserved cash
If you have an active Target Buy, an hourly or daily recurring buy, or an hourly or daily supercharged recurring buy funded with a linked bank account, a portion of your balance will be reserved for those orders. This will ensure your orders can execute successfully. Cash that is reserved will still earn interest.
To make this balance available, you would first need to cancel the associated order to release the reserved cash.
If you would like to cancel a recurring buy, please see this Help Center article. If you would like to cancel a Target buy, please see this Help Center article.
Where can I view a breakdown of my cash balance?
To see your available cash on river.com, click into the "Cash" section on the homepage. To see you available cash on the River app, tap "Cash" in the bottom-left corner of the homepage. From there, you can click on your cash balance to see further details.