How Much Do Hertz Hold on Credit Card: Everything You Need to Know
Renting a car is a convenient way to explore new places or travel for business. Hertz, one of the leading car rental companies worldwide, offers a range of vehicles to suit various needs. However, before you can drive off with your chosen car, you will typically need to provide a credit card for the reservation and payment process. One common concern among renters is how much Hertz holds on a credit card. In this article, we will delve into this topic and answer some frequently asked questions to help you better understand the process.
How Much Does Hertz Hold on a Credit Card?
The amount Hertz holds on a credit card varies depending on several factors, including the location, rental duration, vehicle type, and the renter’s age. Generally, Hertz places a hold on your credit card to cover potential additional charges or damages that may occur during the rental period. As a result, the amount held is typically higher than the actual rental cost.
The hold amount can range from $200 to $500, but it may be higher for luxury or specialty vehicles. It is important to note that the hold is not an additional charge but rather a temporary freeze on your credit limit. Once you return the vehicle without any issues, the hold is released, and the funds become available in your account again. The exact time it takes for the hold to be released may vary depending on your credit card company.
Q: Why does Hertz place a hold on a credit card?
A: Hertz places a hold on a credit card to ensure that they have a valid payment method and to cover any additional charges, such as fuel, mileage, or damages that may occur during the rental period.
Q: Can I use a debit card instead of a credit card for the hold?
A: While Hertz generally requires a credit card for the hold, some locations may accept debit cards. However, using a debit card may result in a higher hold amount or additional requirements, such as proof of return travel plans.
Q: Can I use a prepaid credit card for the hold?
A: Hertz does not generally accept prepaid credit cards for the hold. It is advisable to contact your desired rental location directly to confirm their specific payment policies.
Q: Can I pay the hold amount in cash?
A: No, the hold amount is placed on your credit card as a temporary freeze on your credit limit. It cannot be paid in cash.
Q: What if I don’t have enough available credit on my card for the hold?
A: If you do not have enough available credit on your card for the hold, Hertz may not allow you to rent a vehicle. It is essential to ensure that you have sufficient credit or contact Hertz to discuss alternative payment options.
Q: Can I use a credit card from someone else for the hold?
A: Hertz requires the credit card used for the hold to be in the name of the primary renter. Using someone else’s credit card may result in your reservation being declined.
Q: Is the hold refunded immediately after returning the vehicle?
A: While the hold is typically released shortly after returning the vehicle, the time it takes for the funds to become available in your account again may vary depending on your credit card company.
Q: What should I do if I have concerns about the hold amount?
A: If you have concerns about the hold amount or any other payment-related queries, it is best to contact Hertz directly. They will be able to provide you with accurate information based on your specific rental details.
In conclusion, Hertz holds a varying amount on a credit card to cover potential additional charges or damages during the rental period. The specific hold amount depends on factors such as location, rental duration, vehicle type, and the renter’s age. By understanding the hold process and reviewing the FAQs, you can ensure a smoother car rental experience with Hertz.