"money in the account" vs "money on the account"

Question

"money in the account" vs "money on the account"

Both phrases are commonly used, but 'money in the account' is more widely accepted and preferred. 'Money on the account' is also used in some contexts, but 'money in the account' is the more standard and idiomatic expression.

Last Updated: April 11, 2024

This phrase is used to indicate that there is a certain amount of money present in a specific account.

Examples:

I have some money in the account for emergencies.
Make sure there is enough money in the account to cover the expenses.
She transferred the money in the account to her savings.
Do you have any money in the account for the rent?
The money in the account is meant for future investments.

Alternatives:

funds in the account
balance in the account
cash in the account
funds on the account
balance on the account

This phrase can also be used to refer to the amount of money associated with a specific account, but it is less commonly used than 'money in the account'.

Examples:

There is some money on the account, but it's not enough to make the payment.
The money on the account belongs to both of us.
You can check the money on the account online.
He keeps track of the money on the account regularly.
Is there any money on the account for the upcoming trip?

Alternatives:

funds on the account
balance on the account
cash on the account
funds in the account
balance in the account

Answer 1

money in the account

This phrase is correct and commonly used in English.

Answer 2

money on the account

This phrase is correct but less common than 'money in the account'.