diff --git a/fs/smb/server/transport_rdma.c b/fs/smb/server/transport_rdma.c
index e4273932e7e4..c66f237dc106 100644
--- a/fs/smb/server/transport_rdma.c
+++ b/fs/smb/server/transport_rdma.c
@@ -1028,6 +1028,8 @@ static void smb_direct_post_recv_credits(struct work_struct *work)
 		}
 	}
 
+	atomic_add(credits, &sc->recv_io.credits.available);
+
 	if (credits)
 		queue_work(sc->workqueue, &sc->idle.immediate_work);
 }
@@ -1074,19 +1076,37 @@ static void send_done(struct ib_cq *cq, struct ib_wc *wc)
 
 static int manage_credits_prior_sending(struct smbdirect_socket *sc)
 {
+	int missing;
+	int available;
 	int new_credits;
 
 	if (atomic_read(&sc->recv_io.credits.count) >= sc->recv_io.credits.target)
 		return 0;
 
-	new_credits = atomic_read(&sc->recv_io.posted.count);
-	if (new_credits == 0)
+	missing = (int)sc->recv_io.credits.target - atomic_read(&sc->recv_io.credits.count);
+	available = atomic_xchg(&sc->recv_io.credits.available, 0);
+	new_credits = (u16)min3(U16_MAX, missing, available);
+	if (new_credits <= 0) {
+		/*
+		 * If credits are available, but not granted
+		 * we need to re-add them again.
+		 */
+		if (available)
+			atomic_add(available, &sc->recv_io.credits.available);
 		return 0;
+	}
 
-	new_credits -= atomic_read(&sc->recv_io.credits.count);
-	if (new_credits <= 0)
-		return 0;
+	if (new_credits < available) {
+		/*
+		 * Readd the remaining available again.
+		 */
+		available -= new_credits;
+		atomic_add(available, &sc->recv_io.credits.available);
+	}
 
+	/*
+	 * Remember we granted the credits
+	 */
 	atomic_add(new_credits, &sc->recv_io.credits.count);
 	return new_credits;
 }