HOLD REL MEM CR: Questions and Answers

hold rel mem cr

This is typically a code used by Chase Bank (possibly others) indicating that they are pending a credit to your account. The credit amount associated with the “HOLD REL MEM CR” status is usually associated with recent a large deposit. The financial institution needs more time to communicate with the paying bank to collect the funds and deposit into your account.

They also usually allow a (small) portion of the funds to be immediately available.

If you use Chase Bank and want more details, call their Deposit Hold Team at 1-877-691-808 (Press Option 1).

HOLD REL MEM CR – What does it mean?

It’s a temporary delay on your deposited funds that stands for “hold relinquished member credit”. It has also been referred to as “hold released member credit”.

The prior status to this may be “HOLD Memo Debit” or simply “Hold”.

Can I use to My Funds?

It depends, you can only access what is stated in your “available balance”. If the amount you want to use is within that amount, then yes.

What Is Misc Credit For Chase Bank


What Is Misc Credit For Chase Bank?

If you’ve ever applied for a credit card, a car loan, or a mortgage loan, you’ve probably seen the term “misc credit” on your application. What is miscellaneous credit, and why do lenders ask for it? In general, miscellaneous credit is information about your income, debt, and other personal information that you can’t directly connect to a specific type of loan. Most applications will ask for income information (your annual salary, for example), but if you’ve worked multiple jobs or are self-employed, they may also ask for your average monthly income. They may also ask for your debt information, such as the amount of debt you have on all your charge cards

What is miscellaneous credit?

Every lender asks for income, debt, and other details about your personal finances so they can make a decision about how risky it is for them to lend to you. Most of the time, lenders only care about the first two, and they’re willing to make you a loan even if you’ve been unemployed for most of the year and haven’t been paying your debts for quite a while. Lenders are also more willing to give you a mortgage or car loan if you have a consistent income and can prove that you’ve always paid your bills on time. But for most types of loans, they want a third number—an average monthly income—for context. If you’ve told the lender that you make $6,000 a month, then you can expect a loan of $300,000.

Why do lenders ask for it?

Because when applying for a loan, you need to include all of the necessary information in order to receive one. While the type of loan you’re applying for is largely based on your credit score, your financial history is just as important. Without knowing your income and debt details, your lender has less information to gauge how likely you are to repay your loan.

How to calculate miscellaneous credit

When lenders need to determine how much money you have available to borrow, they often look to your income to help calculate your credit. But it’s important to remember that different types of credit such as loans, credit cards, and mortgages have different borrowing limits. Your income and your debt vary greatly for a variety of reasons. You may have a part-time job that you also do on the side, which makes your income appear lower than it actually is. You may have student loans or other debts, but they’re less costly than a car loan. Or you may have a large mortgage on your house, but you’re managing to pay it off without much trouble. In any case, your income is just one part of the equation that lenders use to determine how much money you can borrow.


When you apply for a new card, mortgage loan, or other financial product, you may have to provide information from other products in your account. In these situations, your lender is interested in the financial status of your company. Most lenders won’t require this information if you already know it. But if you’re applying for credit through a mortgage lender or for a credit card, there may be some interesting questions asked about your salary, revenue, and assets. For more information on getting credit, please visit the Credit Card Comparison Help Center where you’ll find a list of credit cards for every budget.


HOLD MEMO DR” is identical to “HOLD REL MEM CR”. Per our other article, HOLD REL MEM CR, it means there’s a large deposit pending credit to the account, which means it needs extra time to process the amount.

Typically, a portion of the large deposit should still be available for use though. But it may be good to call the bank directly.

If you use Chase Bank and want more details, call their Deposit Team at 877-691-808 (Press Option 1).