If you’re planning on renting a car from Dollar, you may be wondering about the company’s credit card hold policy. Here’s what you need to know.
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When you rent a car from Dollar, the company will place a hold on your credit card for the estimated amount of the rental charges. This hold will remain in place until you return the car and the company can confirm that there is no damage.
If you use a debit card to rent the car, the hold will be for the full amount of the estimated charges. This means that you won’t ‘have access to those funds during the rental period.
If you use a credit card, the hold will be for a smaller amount, typically around $200. This is because credit card companies typically allow you to overdraw your account by a small amount.
Once you return the car, Dollar will inspect it for damage. If there is damage, you will be responsible for paying for it. If there is no damage, the hold on your credit card will be released and you’ll have access to those funds again.
Dollar’s credit card hold policy is similar to other car rental companies. It’s important to be aware of this policy before you rent so that you can plan accordingly.
If you’re planning on renting a car from Dollar, you may be wondering about the company’s credit card hold policy. Here’s what you need to know.
When you rent a car from Dollar, the company will place a hold on your credit card for the estimated amount of the rental charges. This hold will remain in place until you return the car and the final charges are processed.
The amount of the hold may be more than the actual cost of the rental, depending on the estimated length of the rental and the estimated charges for things like gas and tolls.
If you’re concerned about the hold, you can always ask for an estimate of the final charges before you rent the car. That way, you’ll know how much to expect on your credit card statement.
So there you have it: everything you need to know about Dollar’s credit card hold policy. Now you can rent your car with confidence, knowing that you’ll only be charged for the actual cost of the rental.
