Introduction
When renting a car from Hertz, many customers wonder how much the company holds on their credit card. This article will explore the topic in-depth and provide valuable information for those considering renting a car from Hertz.
Hertz Credit Card Hold Policy
Hertz, like many other car rental companies, places a hold on the customer’s credit card at the time of rental. The purpose of this hold is to ensure that the customer has sufficient funds to cover any additional charges that may arise during the rental period, such as fuel charges, toll fees, or damages to the vehicle.
The amount that Hertz holds on the credit card varies depending on several factors, including the type of rental, the duration of the rental, and the location of the rental. Generally, the hold amount can range from $200 to $500 or more.
Factors Affecting the Credit Card Hold Amount
1. Type of Rental: The type of rental can influence the credit card hold amount. For example, if you are renting a luxury or high-end vehicle, Hertz may require a higher hold amount due to the higher value of the car.
2. Duration of Rental: The duration of the rental can also impact the credit card hold amount. If you are renting a car for a longer period, Hertz may hold a larger amount to cover any potential damages or additional charges that may occur over an extended period.
3. Location of Rental: The location of the rental can also play a role in determining the credit card hold amount. In some cases, certain locations may have higher hold requirements due to local regulations or higher instances of fraud.
It is important to note that the credit card hold is not an actual charge. Instead, it is a temporary hold on the available credit limit of the card. The hold amount will be released once the rental is returned, and any applicable charges have been settled.
Reducing the Credit Card Hold Amount
If you are concerned about the credit card hold amount, there are a few ways to potentially reduce it:
1. Use a Debit Card: While most car rental companies require a credit card for the hold, some locations may accept debit cards. Using a debit card can help avoid the hold altogether, as the rental amount will be charged directly to the card.
2. Purchase Additional Insurance: Hertz offers various insurance options for renters. By purchasing additional insurance coverage, you may be able to reduce the credit card hold amount or even eliminate it entirely. However, it is essential to carefully review the terms and conditions of the insurance coverage before making a decision.
3. Join Hertz Gold Plus Rewards: Hertz Gold Plus Rewards members may enjoy certain benefits, including a reduced credit card hold amount. By joining the loyalty program, you may be eligible for a lower hold requirement.
Conclusion
In conclusion, Hertz places a hold on the customer’s credit card at the time of rental to ensure sufficient funds are available to cover any additional charges. The hold amount can vary based on factors such as the type of rental, duration, and location. By understanding these factors and exploring options like using a debit card or purchasing additional insurance, customers can potentially reduce the credit card hold amount.
References
– Hertz: www.hertz.com
– Hertz Gold Plus Rewards: www.hertz.com/rentacar/member/enrollment
– Hertz Insurance Options: www.hertz.com/rentacar/productservice/index.jsp?targetPage=USInsuranceProducts.jsp
