When renting a car with Enterprise, you may wonder how much they will hold on your credit card. The credit card hold amount can vary depending on several factors such as the type of car rented, the rental duration, and your location. It’s crucial to understand this hold to ensure you have sufficient funds available and to avoid any unexpected surprises.
The amount Enterprise holds on a credit card
The specific amount that Enterprise holds on a credit card varies, but they generally place a hold for the estimated rental charges plus a security deposit. This amount typically ranges between $200 to $500.
How much does Enterprise rental car hold on a credit card?
Enterprise typically holds between $200 to $500 on a credit card.
This hold acts as a guarantee to cover any additional fees or damages that may occur during the rental period. The hold is released once you return the car in the same condition as when you rented it.
Here are some other frequently asked questions related to credit card holds by Enterprise:
1. Does Enterprise accept debit cards for the credit card hold?
Yes, Enterprise accepts debit cards, but additional verification is usually required.
2. How long does the credit card hold last?
The hold typically lasts until the car is returned and any additional charges are settled, but it may take a few days for the hold to be released by your bank.
3. Can I use multiple credit cards for the hold and rental payment?
No, Enterprise only allows one credit or debit card to be used for both the hold and rental payment.
4. Does the credit card used for the hold have to match the name on the rental agreement?
Yes, the credit card used for the hold must match the name on the rental agreement.
5. Why is a credit card hold necessary?
The hold ensures that Enterprise will be able to cover any additional charges or damages that may occur during the rental period.
6. Can I use a prepaid credit card for the hold?
No, Enterprise does not accept prepaid credit cards for the hold.
7. Is the credit card hold amount non-refundable?
No, the hold amount is not charged to your credit card unless there are additional fees or damages.
8. Do I need to have a specific credit limit to meet the hold requirements?
Enterprise recommends having a credit limit that exceeds the estimated rental charges and hold amount.
9. Can I pay the hold amount in cash instead of using a credit card?
No, Enterprise requires a credit card for the hold, but you can choose to pay for the rental itself with cash.
10. Can I use a credit card from someone else for the hold?
No, the credit card used for the hold must belong to one of the authorized drivers listed on the rental agreement.
11. Can I lower the credit card hold amount?
No, the hold amount is determined by Enterprise and cannot be lowered.
12. What happens if I don’t have enough credit available for the hold?
If you don’t have enough available credit on your card, Enterprise may refuse the rental or offer alternative payment methods.
It’s vital to familiarize yourself with Enterprise’s credit card hold policy before renting a car to avoid any inconveniences during the rental process. By ensuring you have a sufficient credit limit and understanding the hold amount, you can have a hassle-free car rental experience.
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